We are now offering seller financing for our cash flowing investment properties. If you cannot get financing to buy real estate, owner financing is an excellent way to go. Do not wait to buy real estate, buy real estate and wait!
The Numbers (Real Deal)
Down payment: $10,000
Loan amount: $55,000
Interest: 8%
Amortization: 30 years (3-year balloon)
Taxes (2008): $674.52 per year
Insurance (2008): $367.24 per year
Monthly gross rent: $750
Monthly mortgage payments (PITI): $490.38
Current property management fees (10%): $75 per month
Cash Flow: $184.62 per month
Cap Rate: 22.15%
Check out our website for more info: www.vantagerei.com
This is the time to buy when everything is on sale.
How do you know you are protected from the investment? These are properties that cash flow positively every month, meaning, you are paid to own these investments. Not to mention other advantages of owning real estate such as tax deductions, appreciation potentials, passive income, etc.
To learn more about the benefit of owning positive cash flowing properties, read Robert Kiyosaki's Rich Dad Poor Dad. This book changed my life. He writes in simple, easy to understand manner and it's in story format. I used to hate everything business related but this book was different. No business background required.
Anyone what wants to learn more about real estate investing, I highly recommend this book.
1 comment:
I totally agree! Real estate investment is though very crucial,Foreclosure it is the best way to make money.
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