To make money as a real estate investor, you really only need 2
things:

1. A motivated seller

2. Know how to do no-money-down deals

Enroll Now

Last time we covered how to find a motivated seller. Today, you will discover how to buy real estate for no money down. If you are like me when I started, then you probably don’t have tens of thousands of dollars in the bank and you probably don’t have the best credit score either.

If you do, that’s great!

But if you don’t, then doing “No Money Down” deals is exactly what
you need to do to start earning some big, fat checks in real estate.

So how exactly do you do that?

To make big profits in real estate even if you have no money for
down payment and no-credit to qualify for any loans or mortgages?

Well, have you heard about a double closing?

Here’s what it is…

Enroll Now

Double Closing- A closing is a process where title is delivered by deed from the seller to the buyer.

In a double closing you buy and sell back-to-back; you do not need any of your own money to purchase the property from the owner before reselling the property to your end buyer.

Here’s how a double close works:

1. You sign a written purchase contract on a property with a
motivated seller such as a pre-foreclosure

2. You sign another written purchase contract with your end-buyer
where your end-buyer agrees to buy the property from you at a
higher price.

3. The only party that comes to the table with money is your end-
buyer. If your end-buyer is getting a mortgage from the bank, the bank will send the money directly to a closing agent (a middle-man, could be a lawyer or notary etc).

4. The seller signs his house title over to you, but gives it to the
closing agent.

5. You sign the title of the house (which you don’t own yet) over to the end-buyer.

6. The closing agent delivers the money to the seller for the
purchase price and you get the difference. (Here’s your fat juicy
profit cheque)

7. The closing agent will then register the title in the end-
buyer’s name at the land title office. (by passing you completely)

That’s it!

And this is just ONE way of doing it, I know about 40 more strategies that can be used in various different situations!

What’s interesting is that even experienced investors who are worth millions do No-Money-Down deals.

It just makes sense!

So why not do what the rich are already doing?

If you do, wouldn’t you get the same financial results as they?

From my personal experience… you definitely will!

But wait, just because you understand how to do that, doesn’t mean you can make as much profits as you set yourself to make.

You need a DEAL to make money.

As Donald Trump says, “The money is in the deal!”

If you’re thinking of spending thousands or even tens of thousands
of dollars in real estate courses, then stop right now!

I did that myself, and when I finished those courses, sure…
I had more knowledge, but I still had no DEALS to make money with.

It was not until I had a DEAL that I started making money… a LOT
of money.

With my pre-foreclosure listings, you don’t have to waste your time sailing the ocean (or surfing the net) to look for real estate deals. You are getting the hottest deals where you live handed to you on a SILVER PLATTER!!

It’s only a matter of time that you get your first…second… and third bank-breaking deal!

And what’s more… Foreclosure Insiders Club members get access to my educational resources. including 8 ebooks.

The first one is “No Money Down”, a perfect place for you to start
educating yourself!

Don’t be like one of my members:

“I just found out (too late) that a house down the street from mine
worth 680K and it was let go for 250K… ARGG!!!! Again
this was an inside deal with no realtors and they were in
pre-foreclosure…”

Take action, your success is in your control!

To Your Success!

Aiden Win

Mr. Foreclosure

Canada’s Largest Database

ForeclosuresTaxSales.com

P.S. There are deals right under your nose!
Join Foreclosure
Insiders Club and become a member of a small circle of insider
investors who are making a killing on pre-foreclosures that the
public doesn’t even know exist!

Subscribe in a reader

If you are in Canada or you would like to invest in Canadian pre-foreclosures I found this great company that supplies information on pre-foreclosures mainly in Alberta and British Columbia.

Canada’s Largest Database Goldmine Of Pre-Foreclosure Real Estate For Up To 50% Below Market!

Hans Anderson

Subscribe in a reader

To make money as a real estate investor, you really only need 2
things:

1. A motivated seller

2. Know how to do no-money-down deals

Enroll Now

Let’s deal with the first one. A motivated seller can be found in many ways. But some ways can be more effective than others.
Here are some places where you can find them:

1. For sale by owners (FSBO)

These are sellers who choose to sell their properties without the
help of a realtor. Most of the time, these people want to save the
realtor commissions.

These sellers find themselves overwhelmed by phone calls from
realtors who haggle them to list their properties with them.

So by approaching them as an investor (using some of my proven phone scripts) you can quickly find out whether they are motivated
sellers and then proceed accordingly.

Where can you find them? Newspaper classifieds, craigslist, online
classifieds, kijiji.com, “House For Sale” signs.

Disadvantages – finding a motivated seller in this category can be
done, but it’s usually a hit and miss situation. Out of 100 FSBO’s
you can be lucky to find 1 that is motivated enough to make a
decent profit with.

2. Expired listings

These are properties that were listed on the MLS, but have not
sold. And their listing contract with the realtor has expired
which allows the owner to sell property on their own.

Well actually, under most listing agreements, the realtor who
had the listing is still entitled to his/her commissions up to 3
months or more after the listing has expired.

If you are looking for a motivated seller, it is actually quite
difficult to find one here because you have to consider why the
property didn’t sell for so long in the first place.

And also, you have to fight with a bunch of realtors who are again
haggling the seller to relist their property.

3. Foreclosures

Foreclosures are found listed on the MLS.

Sometimes you can get a good deal from these. But if you have
actually gone through the process of trying to buy one, it can be
a complete nightmare.

As I explained on my site, foreclosures are owned by the bank, and
must undergo a tedious legal procedure.

The lawyers cost money, not to mention the realtor gets paid commission which both cut into your profits.

Also, after you have done your inspections, appraisals, financing,
made your offer and have your offer accepted… only after all that has been completed will you be able to have a CHANCE to buy the
property.

Notice that I said only a CHANCE. That’s right, you
still are not guaranteed you will get the property – for 2 reasons:

Canada’s Largest Database

Reason #1 – other bidders can outbid you at the last second during
the court hearing even if you have your offer accepted.

And #2 even though your offer is accepted by the bank, the judge has to approve of the sale (so if he thinks you’re getting too good of a deal, he won’t let you buy it).

And oh yeah, if you are lucky and take the whole thing to the end
(which actually takes months), you will need to pay for the
foreclosure in cash.

If you don’t have access to a few hundred thousand dollars to play
the foreclosure game, then you can forget about it.

I’m not saying you can’t make money with Foreclosures, some people do and make 10-20% of the market value.

But considering the amount of work and resources needed to make a deal work, in the same amount of time, you could have done 3-5
preforeclosure deals, made MORE money on every single one of them and most importantly, done it without using any money.

4. Pre-Foreclosure listings

If you have read my site, you would already have an idea what
pre-foreclosures are and how they work.

As you may expect me to say, this is the best source to find
motivated sellers.

And I’m not saying this just to promote my site, this is from my
personal experience, because I have done almost every real estate
strategy known to man, and working with pre-foreclosures is by far
the easiest, fastest, way to put the most money in your pocket.

Have I found motivated sellers from FSBO’s, Expired Listings and
Foreclosures? Yes, which allows me to ask, “Why make 10-20% in
profits when you can make 25-50% profits while doing only HALF the work – in a FRACTION of the time?”

If you don’t believe me, then I encourage you to go ahead and try
all the other methods out there to see what it is really like.

Then you will see what I mean. But then again, why bang
your head against the wall when I have already shown you door that leads straight to a real estate goldmine?

So decide for yourself.

Here’s what I suggest, go ahead and join as a Foreclosure Insiders
Club member (while it is still open to new members).

I am so confident that you get more motivated sellers than you know what to do with that I offer a money-back guarantee.

It just doesn’t get any better than that.

Chances are, now that #1 is basically handed to you on a silver
platter, all you need to do is #2 and BAM! You’ll get big fat real
estate profit checks just like mine – perhaps even bigger.

My members are already doing just that!

Aiden Win

Mr. Foreclosure

Canada’s Largest Database Goldmine Of Pre-Foreclosure Real Estate For Up To 50% Below Market!

ForeclosuresTaxSales.com

P.S. In Part 2 of this series, I will uncover the ingredient #2 that
you can start using instantly to bring in the cash without you
needing any to start with!

Subscribe in a reader

Fatal Flaw #1

Newbies Don’t Know How Or Where To Find Great Opportunities For
Real Estate Deals.

For the first 12 months of my experience as a real estate
entrepreneur, I was a dismal failure. I spent a lot of time reading
books and listening to tapes about creative real estate strategies,
but I made no money at all.

Not a penny.

Not only did I fail to make money. But I was losing money… I had
more month at the end of the money (if you know what I mean).

That was painful beyond belief, but I brought it on myself because
I focused exclusively on being a master of real estate strategies,
rather than a master of finding people whose circumstances matched my knowledge.

But then, as if by magic, things began to happen for me. Deals
started to appear that I’d never seen before. Finding the fabled
“motivated seller” was suddenly much easier than in the past. And
that led to deals where I actually made real, spendable cash. It
was truly amazing!

What was the difference?

Instead of focusing on learning every detail of the technical
strategies of creative real estate investing, I began to focus on
finding great deals through some simple marketing strategies.
Marketing is the process of reducing down the entire population of
the world into a small subset of people with whom you can do
business.

Marketing requires you to answer these questions:

1. Who is your “ideal” prospect? If you’re trying to find homes to
buy, your ideal prospect would have certain characteristics, such
as: * The prospect is a home owner, * The prospect is “motivated” to sell their property, * The home is in a certain geographic area, * The home is in a certain price range, * The home is in (excellent, good, fair, poor) condition.

There are a lot more variables to fully defining your ideal
prospect, and you might even have different ideal prospects
depending on which strategies you’re using. But the point is
simple: You must know who you want to do business with.

Example – “My ideal prospect is a home owner who is motivated to
sell their property as soon as possible. The home should be in
average or better condition and should be located in the Greater
Vancouver Area. The home’s value should be in the range of $400,000 to $595,000.”

2. What are you going to offer to your prospect that will motivate
him/her to do business with you?

Another way to state this is: What is your “message”? What is the
reason you’ll offer for someone to do business with you?

Your message must be simple and should convey a very clear benefit to your prospect. Some of the most commonly used "messages" among real estate entrepreneurs are: * I Buy Houses, * Sell Your House in X Days, * Fast Cash For Your Home, * Stop Foreclosure, * Cash For Homes.

Important Note: These are all very common marketing messages, but not all of them are particularly good messages.

Here’s a Better Example – “I offer immediate debt relief to home
owners by buying houses in 7 days or less.”

3. How will you physically communicate your message to your ideal
prospect?

Will you use:* Newspaper ads, * Road-side signs, * Cold Calling,* Direct Mail, * The Internet, * T.V. commercials .

The list of available communications media is literally endless.
Your job is to use a few (not just one!) of those types of media to
communicate your message to your ideal prospect.

To summarize – Marketing means that you’re communicating a
desirable message to a suitable prospect, at a time when that
prospect needs what you’re offering.

Why is marketing so important? Isn’t it true that all home-buying strategies are totally worthless unless you’ve got a relationship with a home owner who is willing to sell using your strategy?

And isn’t it true that unless you have a qualified buyer, it
doesn’t matter if you know 70 different ways to sell a house

- you still won’t sell your house? Of course that’s true.

That’s why marketing is so important… and why most new real
estate investors fail so miserably. Instead of focusing on the
people that they can help, they focus on the technical strategies
that they’ll use. And here’s the hard truth of the matter:
Nobody cares about how great your strategies are. All that people
care about is what you can do to help them.

So your job is to:

1. Identify your ideal prospect

2. Create an offer that motivates your prospect to do business with you.

3. Make your prospect aware of your offer.

To Your Success!

Aiden Win

Mr. Foreclosure

P.S. One of the easiest ways to get the most profitable real estate
deals is in from my pre-foreclosure listings. You won’t find as
many motivated sellers as concentrated in one single list than
from what you’ll get when you sign up for the Foreclosure Insider’s
Club. And remember, I’m throwing in a TON of bonuses worth Over $1400!

Start Today

Enroll In Foreclosure Insiders Club Today

ForeclosuresTaxSales.com

Hans Anderson

Subscribe in a reader

Share and Enjoy:

• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 
• 

Contacting pre-foreclosures home owners is sometimes easier said than done. The owner is probably being contacted by attorneys, flooded with phone calls, mail and bill collectors. The only methods of contacting the home owners would be by phone, mail, email or in person.

The best way to start is by mail or email. Let them know in your letter or email that you are a private investor looking for property in their area. Make sure the property owner understands that you may be able to help him with his financial situation.

Exhibit an understanding of the home owner’s situation. Indicate in your correspondence that you may be able to stop the foreclosure. Suggest that you might be able to save their credit rating, and even supply some cash to help pay their bills and help with moving expenses if necessary. continue reading>>

Foreclosure Investing

Subscribe in a reader