How to Get Rich Buying Real Estate from Your Parents with No Money Down & No Credit

You May Be Able to...

• Buy a Partial Interest in Property Instead of a More Expensive Full Interest
• Buy Without a Loan from a Bank
• Design Your Own Loan with Low Payments
• Buy with Poor Credit or No Credit
• Buy with No Money Down
• Deduct Mortgage Interest and Property Taxes
• Get Capital Gains Tax Exclusion Benefits
• Share in the Profits if the Property is Sold
• Get Cash and Equity Gifts from Your Parents to Lower Your Mortgage Debt
• Share the Financial Responsibility with Your Parents

Depending on the Laws in Your State, You May Be Able to...

• Benefit from a Property Tax Reassessment Exclusion

If Your Parents Are Not An Option, You Can...

• Buy from Family Members Other Than Your Parents
• Buy from Sellers Other Than Your Family Members
• Join Forces with Other Buyers to Increase Your Buying Power
• Buy with Siblings, Roommates, a Significant Other, Colleague, Friend or Other Investors

If You are Financially Supplementing Your Parents, You Can...

• Turn Those Financial Supplements into an Investment

If Your Parents or Any Other Property Owners are Struggling or Unable to Make Their Mortgage Payments,You May Be Able to Help Them...

• Save Their Property from Foreclosure or a Short Sale While Becoming a Property Owner

To learn more, please click here.

General Business & Real Estate

How to Avoid Foreclosure or a Short Sale

Using the Strategies in How to Get Rich Buying Real Estate from Your Parents with No Money Down & No Credit...

Will show you how buyers can use creative ways to acquire real estate while helping owners avoid foreclosure or a short sale of their properties. 

If your parents or other owners are struggling or unable to make their mortgage payments, they may be able to sell a partial interest in their real estate to you and provide seller financing for your purchase.

You will get an interest in their property and all of the benefits of homeownership, while they will receive mortgage payments from you that will effectively reduce their mortgage payments to their bank.

To learn more, please click here.

General Business & Real Estate

Are Loan Modifications Working?

Are interest rate reductions enough to save homeowners from losing their homes?  A reduction in a homeowner's interest rate will result in lower mortgage payments but it doesn't solve the problem of a homeowner's loan balance being higher than his or her property value. 

Banks should reduce principal balances to give homeowners an incentive to stay in their properties because if homeowners don't stay, the banks will eventually have to short sale their properties anyway which means they are going to get less than the loan balances owed to them.  Why not give homeowners that break in the first place?

Click here for a mortgage/loan calculator.

General Business & Real Estate