refinancing real estate investors real estate investor loans home mortgages

Real Estate Investors Rejoice As They Payoff Loans and Home Mortgages in Only 3-9 Yrs..

Legally & EASILY. Read more here..
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Hey everyone,

I just had to tell you about this amazing and final
training coming up next week...

“How Would You Like to Pay Off A 30 Year Mortgage
…in as Little as 3-9 years..
WITHOUT Increasing Your Overall Expenses?”

Now – anyone in North America can!

On this free training seminar being broadcast over the
web (e.g. a “webinar”), you will watch and learn precisely
how to do this

=> With No extra or bi weekly payments.
=> No refinancing needed (usually).
=> You’ll discover this is Not a risky first mortgage HELOC program.
=> You’ll learn how Quick and easy it is to set up.

If you’re a HomeOwner, or are about to become one, then
register for one of the two final trainings being offered now.

Register Here Now for Thursday December 6/07 @ 8pm Eastern
 
or 

Register Here for the 1-Time ONLY Replay on Tues Dec 11/07 @ 8pm Eastern  

Though I did not coin this piece of wisdom, I’ve often
said it many times…your home should be your first
investment (not a liability).

Now, by owning your property free and clear without a
mortgage to deal with, don’t you think you could…

- Retire earlier?
- Stop playing complicated money games?
- Experience less stress?
- Give your kids a better education?
- Take longer and more expensive vacations?
- Invest more and create 7 or 8 figure wealth faster?

Join me on the last training of the ‘07 and learn how to
beat the banks at their own game to free yourself from
mortgage debt.

To Massive Profits

Brad Wozny

P.S. This huge content-driven training will be most
revealing for you and anyone you know who has a
mortgage and is sick and tired of making the banks
richer…

Then do your friends and family a huge favor, and forward
them this invitation after you’ve signed up for the Tuesday
or Thursday’s training…because if it was like the webinar we
ran a few weeks ago, lines were maxed after the spots were
taken…and since there won’t be a replay issued afterward,
all spots could be full…

Lock In Your Spot Now for Either

=> Thursday December 6/07 @ 8pm Eastern

or

–> Tuesday December 11/07 (Replay Line) starts at 8pm Eastern

“5 Reasons Why Real Estate Investors Will Make More Money Now!”

The Birmingham Business Journal recently reported on a trend. According to the newspaper, a recent survey conducted revealed that properties are still considered the best investment, even at a time when the national real estate market appears to be largely slowing. Self-directed investors responding to the survey identified real estate as the best option for profitability.The results of the survey came from Guidant Financial Group, a Washington-based company which polled almost 1,000 self-directed IRA owners to find out how the owners hoped to make money most profitably. >Almost 65% of those responding to the poll explained that they were thinking about real estate as a way to accumulate retirement investments.

>Almost 60% of the respondents claimed that they were interested in rental property and over 36% indicated that they would be pursuing pre-foreclosures or foreclosures.

>28% of respondents plan to opt for land.

Researchers conducting the survey have stated that the results provide a glimpse into what entrepreneurs and investors are planning and what experts view as the most promising opportunities. The results are seen as important because they fly in the face of what many media outlets have been reporting. Although many of the news channels are reporting that the real estate market is currently struggling, most in the know still see property as the best way of growing a retirement savings.The poll indicated that other choices were far less popular than property.   

RE: The “Vampire” Investor Story
FR: Brad Wozny

The other day I had a conversation with
a real estate investor who I just knew was an
information vampire within the first minute we were
speaking as soon as I heard these four words
fly out of her mouth

“it just doesn’t work”

Funny, because what they’re talking about
is the exact same thing that had worked
for millions of other entrepreneurs worldwide.

This woman actually admitted she hadn’t done
a thing though…aha!  So there you have it.

Because there are two types of investors on this
planet.

>>Person 1 – Information Vampire<<

This type of real estate investor (and I use this
with very little respect) soaks up all the information they
can, does nothing, and blames the world for
all their problems…

Look, if you’re an info vampire investor,
then I ask you to stop reading this now.

Because unless you change your belief
system, then there’s no hope for you to
become successful and accomplish your
dreams.

Because then there’s the second person..

>>Person 2 – The Action Taker Investor<<

This person follows a simple 4 step process:

Learn => Apply => Earn => Return

The action taker knows it’s better to follow
a path that’s worked successfully for others,
rather than try to reinvent it themselves…

Most especially if the successful path they’re
following is paved over other people’s mistakes
(which they learn from)
so they don’t make it themselves.

If YOU are an action taker, then you’re just
the person I’m looking for.

Because next Tuesday I’m holding a 90 minute,
one time only tele-training entitled

“How To Make 6 Figures in 6 Months”

You’re going to come away from this tele-training
with precisely the right roadmap to do this…

On a part time basis (quite possibly even less).

Registration is F*REE – but this powerful
information comes with a heavy price.

>>And Here’s Why<<

If you don’t follow this roadmap, then your
business will surely be bankrupt in 2008’s
economic recession.

Go here to lock in your spot now

To Massive Profits

Brad Wozny

P.S. I’m holding this one time training because
the looming recession will wipe out hundreds
of thousands of investors.  In times of great
crisis and chaos, there’s a silver lining.  

So when you use these valuable lessons, and your
business survives and prospers while everyone
else’s is failing, you just *might* send a few
hot deals my way to joint venture with me
on..  *wink wink*

But you must be on the call to learn those details
 

RE: How IRAs Are Driving Real Estate Investor’s Profits
 
The Wall Street Real Estate Journal recently reported on a new trend:the real estate investor who uses IRAs for mortgage loans and is therefore benefiting from foreclosures.

According to The Wall Street Real Estate Journal, there’s a surge in real estate investor
entrepreneurs who are using self-directed IRAs to
invest in mortgages and defaulted real estate investor loans.

Though this real estate investment concept is not entirely new, the method itself utilizes an individuals self-directed individual retirement account. Many a real estate entrepreneur is using IRAs to take out loans that last three months to a few years.

These loans buy bridge loans, fixer-uppers, or small-scale developments.
 
Using IRAs allows investors to extend mortgages, with interest of 10% or more. Lenders can take ownership of a property in case of non-payment,
usually paying less than for foreclosure.

The main drawback, though, is that in the case of non-payment, foreclosure can increase many costs, including legal costs. If the IRA cannot cover these costs, the real estate investor with the IRA can be inadvertently end up breaking some IRS regulations.

If the IRA cannot cover the costs, the real estate investor must either get a loan to cover the costs or must close out the IRA and pay any penalties
and taxes accrued.
 
Owners of IRAs pay a number of fees annually.

These can range from $50 to thousands yearly and cover transaction costs and other fees. Despite the costs and risks of foreclosures, The Wall Street Real Estate Journal reports that some real estate entrepreneurs are actually anything but frightened of foreclosures.

For these business people, foreclosures can actually increase possible returns.

Lenders simply lend out no more than 50% or maybe 70% of a property’s value with payments that are interest-only. Even if the payments are not made
and the property goes into foreclosure, the lender ends up owning the property at 50% to 70% of its actual value.

Fixing up such a foreclosed property and selling it at a higher price can actually help increase the IRAs value, meaning that the savvy entrepreneur ends up ahead.
 
Another option for lenders is to try to avoid the possibility of foreclosures in the first place. Using IRAs for loans allows lenders to charge 12% or even more to cover risk.

Many lenders also take extra precautions, such as taking first-lien position, which means that in the case of a payment problem the lender is first in line to be repaid.

Other lenders create flexible terms, such as permitting the debtors to rent out part or all of the house so that the loan payments can still be made. This can help prevent complete non-payment and so can offset foreclosure.
 
There are a number of things that lenders need to keep in mind if they have their eye on IRAs. One consideration is that many states have usury laws that limit how much lenders can charge in interest. In California, for example, most rates cannot be higher than 10%.

According to statistics gathered by The Wall Street Real Estate Journal, although only about 2% of IRAs are self-directed, a growing number of those are being used by real estate investor businesses offering loans.

Entrust IRAs used for real estate investor loans have doubled annually since 2005.

Other companies involved in IRAs are reporting similar trends.
 
Real estate entrepreneurs need to be aware that lending with IRAs is not all clear sailing. Entrust and other companies charge a number of fees.

The company charges owners of IRAs $2000 for unlimited transactions or about $250 annually per year per mortgage. Setting up a special account for transactions costs another $130. Additionally, entrepreneurs need to pay closing fees, escrow
costs, and various loan costs. Borrowers can pay some of the costs, but these costs can increase the costs of lending.
 
Another problem can be with the IRS. IRS rules dictate that you cannot remove any amount of your IRA in order to do something in the IRA and you must pay hefty penalties if you need to take out a loan or additional source of money to pay something happening inside the IRA.

If you are a real estate investor, you need to ensure that your IRA contains enough money to pay for any possible outcomes of your loan.

This means that your IRA should have enough value to cover possible property taxes, insurance fees, legal costs associated with foreclosure, and management costs associated with owning the house before sale

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IRS CIRCULAR 230 DISCLOSURE:
This notice is meant to comply with I.R.S. requirements.  Any federal tax advice in this communication (including any attachments) is not intended or written to be used, and cannot be used, to avoid penalties that may be imposed on the taxpayer under the Internal Revenue Code or to promote, market or recommend to another party any tax-related matter.

Rarely have I ever just directed a real estate investor to
news sources and solo articles about a particular real
estate topic..

In fact, I don’t believe I ever have.

That’s because my personal belief is that the much of what
we see in the media is often skewed with the writer’s own
personal manifestations, trumped or hyped up hyperbole,
and slanted in a way that benefits the gigantic financial
powerhouse of a company that is it’s parent…which uses its
influence upon its media outlets to subtly promote the funds
or stocks it needs to sell.

Well right now, I don’t care if you’re a commercial real estate investor,
consider yourself as the millionaire real estate investor in your
town, a private real estate investor, or are using a trumped up real
estate investor strategy right now, as I’d advise you to stop for two
moments, read the following article, and take stock of its lesson and
impact upon all real estate investors globally..

Because THIS IS one of those “rare” times that I am going to totally
direct you to a source and an article which - in my mind – has
hit the nail right on the head.

As a real estate investor right now, you SHOULD be afraid for
your investment business…you should be fearing the worst,
and if you’re not prepared for the long drought about to hit
a number of economies like a tidal wave of epic proportions,
then you better start scrounging now.

But, don’t take it from me…read all about the financial details
here about the dramatic flip that can take place on your own
economy quite soon, and how it will affect much more than
just real estate investor’s…my hats off to this particular reporter
from MSN Money Central.

Read the article here

To Massive Profits.