The Foreclosure Advantage

Why invest in the foreclosure scene? Discounted prices. Speedy purchases. Profit opportunities. With solid benefits, it’s worth considering the foreclosure market as a form of property acquisitions. But what do you need to know before you jump in? Here are my top strategies for assuring a smooth and prosperous process in the foreclosure market. #1…

Don’t Make This Mistake (with Your Proof of Funds Letter)

If you’re crunching the numbers, making consistent offers that are at your MAO (maximum allowed offer), and you’re coming up bust, you may be making the #1 mistake with your Proof of Funds Letter. But before I tell you what the #1 mistake is, let’s talk about REJECTION. Having your offer rejected is common. In…

Are You on the Bus?

  Did you attend my CEO fireside on Monday?   Pop quiz: What did we talk about?   Well…it’s a question with many answers (lowering your credit card interest and raising the limits, leveraging your financial situation to position yourself for better rates, and much more…)   But what event did we discuss?   Funding Tours. …

FAQs

FAQs Let’s address some of the most frequently asked questions! Question #1 “Once I find a good deal and have it under contract, where can I find the hard money required on both a local and a larger scale?”   First of all, thank you for wording your questions in such a manner. Your first step, of…

A Year in Review

Wow.   2017 was amazing!   Here at the offices of the Lee Arnold System of Real Estate, we relocated into a larger building, broke company records, ushered so many amazing people into our world from all over the country, helped thousands of people, opened a new area of study (the Master Lien Abatement Course),…

Funding Tour

Did you know… An Equity Fund wants to Pay for Your Tuition to Attend the Funding Tour??     This is like NO other real estate investing training event you have ever attended.   Our goals are to (1) explain how to find investment-grade properties that we can fund quickly and easily, (2) introduce you to…

Private Money Lender Mistakes to Avoid

It’s hard to understand the dos and don’ts of hard money lending when you don’t know what it is. First, let’s review the private lender basics. Private Money Lending:   Private money lenders (or hard money lenders) give short-term loans to a real estate investor looking to purchase a non-owner occupied property. Instead of looking…

Broke or Broker?

What’s Your Side Hustle?   Whether you’re sick of being broke and are looking for a side-hustle (and don’t want to sell products to your friends and family or try driving for Uber) or you flip houses and want to increase your cash flow by adding another stream of income without doubling up on your…

Pitch Perfect

Do you have an elevator pitch?   Imagine this, you’re a private money broker at a real estate event, waiting for the appetizer plate to make the rounds when the person beside you turns with a smile, and introduction of their name, and this question: “So, what do you do?” You have 8 seconds to…

Owner Financing

stick_figure_drawing_house_400_clr_9637This is the most common way to get a hundred percent financing. This is where the current owner agrees to finance all or some of the purchase price. If it’s just some, you can get the remaining amount from Cogo Capital or another local private lender in your market. If you have the financial or credit wherewithal, you could also go as far as getting conventional financing.