Build Your Own Real Estate Website
by Ross Hair on August 6, 2009
in Real Estate 2.0, Real Estate Tools and Resources
In the internet economy every real estate professional and investor needs a real estate website.
The easiest, quickest and cheapest way to build your own website, with no help from anyone, is to build a blog. Read more..
Creative Finance -The Wraparound Mortgage (Wrap)
by Ross Hair on August 4, 2009
in Creative Finance, Real Estate Investment
One of my favorite creative finance techniques to buy investment real estate is the wraparound mortgage (WRAP).
A wrap is exactly what it sounds like – it’s a mortgage that wraps around an existing mortgage. In a wrap, the seller leaves the existing mortgage in place, sells the property to the buyer and gives the buyer a mortgage on the property that is subordinated to the existing mortgage. Read more..
Creative Finance – Owner Finance or Seller Carry Back
by Ross Hair on August 3, 2009
in Creative Finance, Real Estate Investment
A great source of creative finance is owner finance or seller carry back.
This is particularly true if the seller has equity in the property. Owner finance or seller carry back occurs when the seller agrees to provide you with a loan to help you purchase the property. Read more..
