How to Profit in Commercial Short Sales and Apartment Foreclosures
One of the bare basic lessons of real estate is that it is just as easy to flip a house for $10,000 as it is for $100,000.
You can invest in real estate using your IRA.
You can invest in real estate using other people's IRA's.
You can start with something that will generate $3,000 a month then go flip another house and do some short sales in the residential arena.
If you don't have lots of money and cash in the bank then there is no need to worry.
You can still get into commercial short sales and apartment foreclosures.
How is this possible? Well, there are many commercial loans that are assumable.
There are also cash flow mortgages that some lenders will do.
You also have tax credits, lease options, FHA financing and more.
Residential foreclosures mean huge demand for apartments.
People need a place to live after they lose their house.
Over the next two years there will be tons of apartment foreclosures.
This is because investors bought apartments with short-term debt when the market was hot a few years ago.
Now those short-term loans are coming due and investors can't refinance.
Even though the rents are coming in and they have the money to make the payments, they can't qualify for new financing because the values are less than what is owed and banks would not refinance.
Now is the time to scoop these performing properties at huge discounts before the values go back up again.
You should also get educated on everything you can right now.
Remember that no matter what the economy is doing, people are always going to need a place to live.
On the other hand, you don't buy when you are at the top of the market, you buy when you are at the bottom and that's where the profits and the money are made.
Depending on what you buy, is how to identify which market to buy, increase the value of your building, not the market.
Furthermore, apartments are a wonderful thing to combine with residential flipping strategy to really augment your wealth and begin to set you up long term for life.
The secret to profits in commercial real estate is learning how to dramatically increase the property values without spending a dime.
You can also increase your monthly cash flow by creating higher rents and lower vacancies.
So it is important to know where to track commercial properties in distress.
Knowing this keeps profitable deals in the pipeline.
You can invest in real estate using your IRA.
You can invest in real estate using other people's IRA's.
You can start with something that will generate $3,000 a month then go flip another house and do some short sales in the residential arena.
If you don't have lots of money and cash in the bank then there is no need to worry.
You can still get into commercial short sales and apartment foreclosures.
How is this possible? Well, there are many commercial loans that are assumable.
There are also cash flow mortgages that some lenders will do.
You also have tax credits, lease options, FHA financing and more.
Residential foreclosures mean huge demand for apartments.
People need a place to live after they lose their house.
Over the next two years there will be tons of apartment foreclosures.
This is because investors bought apartments with short-term debt when the market was hot a few years ago.
Now those short-term loans are coming due and investors can't refinance.
Even though the rents are coming in and they have the money to make the payments, they can't qualify for new financing because the values are less than what is owed and banks would not refinance.
Now is the time to scoop these performing properties at huge discounts before the values go back up again.
You should also get educated on everything you can right now.
Remember that no matter what the economy is doing, people are always going to need a place to live.
On the other hand, you don't buy when you are at the top of the market, you buy when you are at the bottom and that's where the profits and the money are made.
Depending on what you buy, is how to identify which market to buy, increase the value of your building, not the market.
Furthermore, apartments are a wonderful thing to combine with residential flipping strategy to really augment your wealth and begin to set you up long term for life.
The secret to profits in commercial real estate is learning how to dramatically increase the property values without spending a dime.
You can also increase your monthly cash flow by creating higher rents and lower vacancies.
So it is important to know where to track commercial properties in distress.
Knowing this keeps profitable deals in the pipeline.
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