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Title: http://www.virtualdealfactory.com/r/Andrew View count: 30 Rating: 0 (0 ratings) Description: Buying Free and Clear Houses is the Ultimate Investment in 2009 by Jill Anderson http://www.virtualdealfactory.com/r/Andrew I have recently had a chance to talk with Expert Investor, Mentor and Marketer Richard Roop and he kept talking about "Free and Clear Houses" as the way to go in this turbulent market. In Richards own words "It's a real estate investing "business model" that works anytime, anywhere and on any type of real estate. It works in slow markets, regular markets, hot markets and post-hot markets like CA, FL and AZ. It's a targeted approach... very specific. It's a simplified approach with every step of buying and selling made easy and systematic." According To Richard "Free and Clear Money Machine" is the ultimate strategy. When compared to all the other models like wholesaling, retailing, lease options, rehabbing, short sales, etc., it provides the longest list of benefits and solves most all of the challenges real estate entrepreneurs face sooner or later." In this multi-Part Article series we will go into detail on how this powerful, yet very simple and easy to do Investment method works in the today's World. For more information,free articles and videos on this subject visit http://www.free-and-clear-cash-machine.com/ 1) Houses with Lots of Equity is your Target House Many real estate entrepreneurs have discovered that when there's more equity in a deal, there are more exits and more ways to create an acceptable offer to the seller. If there's no equity then you have to create it by discounting the mortgage or waiting years... hoping the property appreciates. Some of the benefits of targeting houses that are free and clear (or have very little debt) include: - If you need quick cash for buying an investment property, you can borrow against the equity (without bank qualifying) using hard money loans or private investors. - Not only can you raise funds for a down payment, repairs or remodeling, paying off liens, marketing expenses and holding costs BUT you can also pull out some EXTRA cash on the day you buy. - Contrary to what a lot of investors may think, sellers with free and clear houses in many cases do not need any of their equity in cash now. If they did, they would have pulled it out sooner. - Sellers with high equity tend to be older and many times like the idea of receiving a monthly cash flow. This allows you to buy in installments, paying the seller off with the income from the property. - A lot of free and clear homes are non-owner occupied and the seller might be facing a big tax bill if they received all their money at once. You can help them defer or stretch out their tax bite by having them finance your purchase. - You will find many landlords with multiple properties who want to eliminate all their management hassles and sell all of them to you. For more free information, articles and videos on Richard Roop and his Free and Clear Cash Machine please go to http://www.free-and-clear-cash-machine.com/ Learn how to locate free and clear houses, negotiate 0% seller financing, then rent or lease option the home for a positive monthly cash flow. See renowned real estate investor Jack Bosch explain in detail the free and clear cash flow technique. _a href="http://www.freeandclearcashflowmachine.com/"_www.freeandclearcashflowmachine.com_/a_ - created at http://animoto.com Tags: animoto, Author: dieselil |
