Saturday, July 24, 2010

Short Sale Flips Create Multiple Income Streams

It's no secret that lots of Americans are facing financial
challenges in the current economy. There's been a drastic
increase in credit card debt, loan defaults, judgments, etc.
Now we hear the commercial sector is losing billions
in value and that Fannie-mae recently declared flipping
short sales to be illegal. Will Fannie's recent declaration
stick?

What is an investor to do to make ends meet?

Well... I like to do a lot of research to find out what works
and what doesn't. I also look for things that can work with
my existing business or stand alone as a separate profit
center.

I am bringing in a guest professor to reveal to you a totally
HIDDEN Billion Dollar Market. This is a market that we
see all around us but almost everyone ignores.

I am ashamed to admit that I ignored it as well until just
recently becaouse of my conversation with Mike. We all
need more leads or customers in our business weather
its real estate or a local flower shop. In real estate it
could be buyer leads, seller leads, commercial property
leads, short sale leads, lease option leads, you name it.

I was recently talking with Mike about how he is generating
free leads for his various businesses (some are not in real
estate) and it hit me like a ton of bricks that if he was doing
this for his own business would there be other companies
and investors out there who would like the same results?

Of course they would.

I found out that Mike has been siletly doing this for a select
few clients for the past year and a half and the results were
phenomenal.

And, this is why I just had to have Mike on the call. Mike has
found a simple way for my students to get the same results
that he was getting but with only doing 10% of the work. The
other 90% is all outsourced (someone else does the hard
stuff). And he even has a simple way for you to make money
while you are getting leads for your own business.

Let me take a minute and tell you what this is not:
* It is NOT how to make money on the Internet...
* It is NOT some MLM program...
* It is NOT EBay or selling websites...
* It is NOT PPC, SEO, Blogs or Videos...

It is a simple, proven way to put 1,000's into your pocket in
just a couple of weeks.

It is a simple, proven way to put 1,000's into your pocket in
just a couple of weeks. It's a model that we can help you in
your own local area and you can help others in your area
(forget trying to market nationally).

I am all about Multiple Income Streams and this is another
one of those great ways to generate income Very Quickly
without having to spend money.

Thursday, July 15, 2010

Portfolio Lender.

With Portfolio Lenders you're not just a number... a FICO score.
But Portfolio Lenders do look for more than the ability to fog a
mirror under your nose.

Knowing what makes them smile... AND exactly how to prepare
and give it to them is by far the most important factor that leads
to a YES rather than a NO.

In Portfolio Loan Blueprint, I show you EXACTLY how to create
your own Credibility Kit(TM).

It's like having the combo to the vault.

I show you how to put together the four simple documents a
Portfolio Lender needs to see.

And on top of all that - I give you my word-for-word success scripts.
You won't be caught umm-ing and stumbling. You'll know exactly what
to whisper in their ear.

Exceptional.
But there's EVEN MORE...

A full length interview with Stephen Faillaci, VP of Business Banking with
an active Portfolio Lender.

Talk about having insider info, Steven goes over - in detail - what makes
a Portfolio Lender's eyes light up.

No guessing. No trial and error. No wasting time. And NO MORE losing
deals because you can't get them financed.

While your competition is scrambling and dropping out in droves,
YOU - warrior Real Estate Investor - will be having your pick of delicious
deals in the market today.

Money to invest in a property or rehabbing a property

In 2009, the US Congress passed, and the president
signed into law, something called the "Secure and Fair
Enforcement for Mortgage Licensing Act of 2009",
which is better-known as the SAFE Act.

By July 1st, 2010, every state has been mandated to
pass into law their own legislation that meets the
minimum standards that the SAFE Act requires; states
are allowed to exceed these standards, meaning that
some states have chosen to make their laws even
tougher on the residential mortgage lending industry.

To help reassure my students about what this law
does and doesn't mean to them, and to help make
sure you understand that this law won't put you out
of business or ban your private lenders from making
loans to your real estate investing company, I have
asked my SEC attorney to put together the following
answers to my students' frequently-asked questions.


1. What is the SAFE Act?

According to the federal Department of Housing and
Urban Development, or HUD, "the SAFE Act is
designed to enhance consumer protection and
reduce fraud by encouraging states to establish
minimum standards for the licensing and registration
of state-licensed mortgage loan originators and for the
Conference of State Bank Supervisors (CSBS) and the
American Association of Residential Mortgage
Regulators (AARMR) to establish and maintain a
nationwide mortgage licensing system and registry for
the residential mortgage industry."

2. What are the major changes the SAFE Act will make?

Every state, along with the federal government, will now
set minimum standards for the individuals who are
engaged in the business of making or helping to make
residential mortgage loans. That means these people
will need to study for and pass an exam and stay
up-to-date with changes in residential mortgage lending
laws and regulations.

3. Does this mean my private lenders will need to pass this exam?

In most states, the answer is NO. The federal law makes
it clear that the purpose of this legislation is to regulate
residential loans made for "personal, family or household
use" and this has not been interpreted to mean the same
thing as residential loans made for business purposes.
This means that a private lender who lends your company
money to invest in a property or rehabbing a property
should be exempt from this law; a private lender who
lends you money personally to buy or rehab a home
would have to pass the exam and be licensed.

So, what practical steps do you need to take to protect
myself and my private lenders and stay in compliance
with the SAFE Act and my state's version of it?

Monday, July 12, 2010


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