How to Buy Property from Scratch or Zero?

click here to learn how to become property investor successfully and start investing in property from scratch!!!!!!!!!!!!! You will still have to make an earnest money deposit, something like $100 - 1,000 is common, $500 is standard in most states (this money is not refundable, and basically it sets you up a reasonable amount of time to close on the property, you pass that date, the bank takes your money). Earnest money is not required for the transaction. It is simply a guarantee that you intend to fulfill the deal. And, with any Buy/Sell agreement properly written earnest money actually is indeed refundable.

click here to learn how to become property investor successfully and start investing in property from scratch!!!!!!!!!!!!! 2If you are a first time home buyer you can potentially utilize an FHA (Federal housing administration) Loan. You can purchase a property with "Zero Down," zero closing costs, and it will more or less be tacked into the mortgage (and you'll end up with .5 - 1.0% higher interest rate than market is yielding for your credit type). The property however must pass specific guidelines, you will not be able to utilize this financial product if this house is in need of repair (foreclosed homes and fixer-uppers are two separate things).

click here to learn how to become property investor successfully and start investing in property from scratch!!!!!!!!!!!!! 3Use a credit card. You can technically, (legal, but falls in the grey area) do credit transfers, but you will eventually have to pay off the credit card. This is usually done on an investment property after you have obtained the house and then sold it again at a profit to cover your total cost plus interest accumulated. 4Credit card rates are almost always much greater than mortgage interest rates. Experienced mortgage brokers and lenders can help you with 100% financing on any property including foreclosures whether they are bank owned, lender owned or government owned. click here to learn how to become property investor successfully and start investing in property from scratch!!!!!!!!!!!!!

5There is no secret to No Money Down foreclosures. While credit card advances to purchase property are by no means in a grey area provided you are either (a) indicating that your down payment is borrowed or (b) getting a large enough advance to pay "cash" for the property it is not very smart unless you have a credit card with an interest rate below about 9% amortized for 30 years. I don't know of a credit card amortized for 30 years. click here to learn how to become property investor successfully and start investing in property from scratch!!!!!!!!!!!!!

6Even if the property is in need of repair there are lenders who will lend the full purchase amount and the full repay amount provided they are less than 80% of the after repair value (ARV).

This course is for you, if: * You are a beginner or existing investor, with an appetite for knowledge. * You want to make millions in property. * You want to gain immediate cash flow from your property portfolio. * Property investment has never really worked for you, but you are interested in learning how to do it right. * You are willing to learn from those who have succeeded in property investment. This course is not for you, if you: * Are after a get rich quick scheme. * Are afraid of learning. * Are afraid of altering your mindset to that of a Property Investor.