Bank owned
Even You Won’t Be Able To Qualify for a Mortgage Any Time Soon
Monday, January 23rd, 2012 | Bank owned, Commercial Real Estate Investing, Foreclosures, Real Estate Investing, Short Sales, Wholesale properties | No Comments
The other night I was lying in bed reading an article that blew me away…
It’s called “Prime Mortgage Borrowers: Then vs. Now.”
It was comparing the prime borrower in 2007 to the prime borrower RIGHT NOW.
Check out how ridiculously easy it was to qualify for prime only a few years ago…
In 2007 Requirements for a “PRIME MORTGAGE LOAN” to buy a house were:
- Loan Values up to 125% of the property value
- Meaning you could borrow $200,000 on a house only worth $175,000
- Debt to Income ratios of up to 45% of incomee
- Minimum FICO Score of 620
- e1 Past W-2
- 2 months of fallback reserves
- Employment corroborated one month out prior to closing
Fast forward to the requirements to buy a house TODAY:
- Loan Values max out at 80% of house value
- *Which means buyers have to put down at least 20%*
- Debt to Income levels are lower at 33%
- Minimum FICO is 680 to 720
- 2 YEARS of W-2s must be provided
- 12 months of fallback reserves must be available
- Re-verification of employment within 10 days of closing is required
- A foreclosure, short sale or deed-in-lieu must be at least seven years old
So what does this mean for us investors exactly?
Well according to watchdog credit rating agency DBRS…
“Based on the minimum FICO score, maximum loan-to-value (LTV), and the requirement that a foreclosure, short sale or deed-in-lieu be at least seven years old, it is likely that most of the U.S. population will not be able to qualify for a mortgage any time soon,” DBRS says.
“Consequently, DBRS expects the housing recovery to continue to lag for many years to come unless there is a loosening of underwriting criteria by the major lenders,” the DBRS concluded.
This changes the game for investors, big time.
If you’ve been following the free material I’ve been sending you about how to profit from recent housing trends with INSTANT CASH INFUSION, you realize this information from DBRS mightily supports the investing strategy Instant Cash Infusion is built on, and will allow investors like you to thrive for the next 2-5 years…
But only if you know how to sidestep the new bottlenecks of banking. Without available credit, we must invest in strategies that do not require bank loans for ourselves or our buyers.
So I am hosting a webinar to show you EXACTLY how to thrive in today’s market – that will instantly put $500 – $20,000 in your pocket in as little as 16 days.
On the “No Banks Needed” Tell All presentation I’ll be revealing to you…
- 4 simple, fast, safe and easy ways for you to make money that don’t require any banks whatsoever
- How my students and I have been perfected these strategies since 2004
- Why since late 2011 and now into 2012, these investing techniques are even better poised for you and I to prosper from because of the current shifts in the financial markets
- How you can profit from every type of property, right now. Houses with equity, houses with no equity and no default (which are most common) and overleveraged houses in foreclosure (short sales)
- These leads are everywhere and require little to no marketing costs on your part to obtain. As I said earlier they are the most common lead type I get into my business. In fact, in the past, I used to throw these away. Not anymore
- You get paid within 60 days. Often in as little as 16 days. No waiting for 7 months to get a short sale approved and flipped or a house rehabbed and sold
- You pocket between $500 to $20,000 without needing a loan for any of it
- The critical set of forms you must use to execute all these techniques for faster payouts How buyers will fight over these properties you will control because they don’t have to qualify for bank loans. Not to mention the 80 – 100 million hungry buyers who cannot qualify for a bank loan. I’ll show you how to flip them over to the buyer for a very handsome fee
- One technique with three ways to make you money. You can make some cash now (between $500 to $20,000), cash flow each month (between $100 to $1,000) and then cash out down the road (between $7,000 and $40,000) without ever owning the home
Instant Cash Infusion is the quickest, easiest way to make money in real estate with no money, bad credit, and no loans for you or your buyers.
And isn’t that what you’re really looking for?
Listen, I care a lot about you and your future. This is stuff you need to know to be successful. If you let this kind of information go unnoticed, your real estate investing business will never get off the ground or you’ll waste hundreds of hours and thousands of dollars doing the wrong things.
Get on the webinar to learn how to fix your cash flow challenges now, with a quick $500-$20,000 in as little as 16 days.
Josh
P.S. Make sure you’ve read my free ICI Survival Guide. It contains tons of important information that you need to know in today’s real estate market.
[Brand New Webinar] Cashing in on the iPhone App Gold Rush
Monday, November 28th, 2011 | Bank owned, Commercial Real Estate Investing, Foreclosures, Pre-foreclosure, Private Money, Real Estate Investing, Real estate short sales, Short Sales, Wholesale properties | No Comments
We’ve all heard the saying, “There’s an App for that” by now.
In fact, I bet you can’t go a day or even an hour while awake and not hear something about an iPhone or Android or an App for this or an App for that.
It probably wouldn’t surprise you to hear that it is a $38 Billion industry, and predicted to be $54 Billion by 2014.
If you’re like me, you’ve had at least one good idea for an App but had no clue how to go about building it.
I figured it would take hiring a bunch of programmers to get it done…
What if I told you it was possible to have an iPhone App that can make you money, built and submitted to iTunes in less than an hour?
You probably wouldn’t believe it, Right?
Well, it’s true and when you join me this Wednesday November 30th, you’ll see for yourself how this can be done and how you can profit from it.
Register for the 2PM Webinar here :
https://www2.gotomeeting.com/register/346365146
Register for the 9PM Webinar here :
https://www2.gotomeeting.com/register/926572034
You’ll be amazed at the many ways you can make money with this.
There are 5.2 Billion smart phone users out there.
Apps are quickly replacing web sites!
iPhones, iPads and Androids are replacing computers!
Advances in technology have mobilized us and now we find ourselves living in a mobile world.
Many people all over the world are making a fortune with iPhone Apps because of it.
On this week’s training, my special guest and I are going to show you the many different ways in which you can cash in on this remarkable new opportunity too.
Register for the 2PM Webinar here :
https://www2.gotomeeting.com/register/346365146
Register for the 9PM Webinar here :
https://www2.gotomeeting.com/register/926572034
In just a few days you’ll learn how you can easily go out tomorrow and make $1,000 or more in a single day with Apps.
And if you’re a Real Estate investor of ANY TYPE, make sure you’re on this webinar to see how you can have your own real estate Investor App in iTunes and why it will give you a HUGE, unfair advantage in your local market.
In fact, no matter what type of business you’re in, you need to be on this webinar so you can learn how to take your business to a whole new level leveraging the power of iPhone Apps.
Come ready to learn on this webinar and I promise you that in addition to giving your current business a boost, you’ll also come away with no less than, 4 NEW Multiple Streams of Income.
The opportunities with this are endless.
To your success,
Josh
P.S. Did you know that there are 4x more Cell phone users than people who own a PC or Laptop?
And 80% of people in the U.S. have a mobile phone.
The entire Globe has gone Mobile…
Real estate has gone Mobile…
Buyers are looking for real estate on their Mobile devices 2, 3 and even 12x per day.
In today’s market it’s very easy to find Investors that have properties they need to sell! Once you control this new media, it will be very easy for you to build a massive buyers list.
Register for the 2PM Webinar here :
https://www2.gotomeeting.com/register/346365146
Register for the 9PM Webinar here :
https://www2.gotomeeting.com/register/926572034
How to Sell Your Houses and Build a Massive Buyers List in the Shortest Time Possible with Mobile Marketing and Mobile Apps
Sunday, November 27th, 2011 | Bank owned, Foreclosures, Pre-foreclosure, Private Money, Real Estate Investing, Real estate short sales, Short Sales, Wholesale properties | No Comments
There are many challenges that investors face when it comes to investing. It’s easy to find deals but it’s been hard to get them sold.
Here are just a few of the challenges:
- The market is over crowded
- Everyone is using the same tactics
- Marketing methods are less effective
- Email is often considered spam
- Google’s getting SLAP happy
On this week’s webinar, I will cover how to use mobile marketing to overcome these challenges.
Here’s what you’ll discover on this training:
- How to Create Multiple Streams of Income with Mobile Apps and Mobile Marketing (300% more than Internet and Websites)
- How to Get Smart and Jump Ahead of the Noise
- How to Create your own media
- How to Dramatically increase your response rates
- How to “PUSH” your Properties to your “buyers list” …
Register for this Wednesday’s (November 30th) training here:
Register for the 2PM Webinar here :
https://www2.gotomeeting.com/register/346365146
Register for the 9PM Webinar here :
https://www2.gotomeeting.com/register/926572034
Did you know that there are 4x more Cell phone users than people who own a PC or Laptop?
And 80% of people in the U.S. have a mobile phone.
The entire Globe has gone Mobile…
Real estate has gone Mobile…
Buyers are looking for real estate on their Mobile devices 2, 3 and even 12x per day.
In today’s market it’s very easy to find Investors that have properties they need to sell! Once you control this new media, it will be very easy for you to build a massive buyers list.
Talk to you on Wednesday’s training,
Josh
P.S. We only have limited spaces, so register now before we’re full.
Register for the 2PM Webinar here :
https://www2.gotomeeting.com/register/346365146
Register for the 9PM Webinar here :
https://www2.gotomeeting.com/register/926572034
SREC TV – “On the Ground” at The ICI Event
Wednesday, November 23rd, 2011 | Bank owned, Foreclosures, Real Estate Investing, Real estate short sales, Short Sales, Wholesale properties | No Comments
SREC TV follows Josh and Derek during the “On the Ground” Session of the Instant Cash Infusion Summit presented by Strategic Real Estate Coach, where they brought students out in to the field to actually see the deals they do and how they physically flip houses and process transactions daily.
Would you trade $16 for $3200? (today only)
Wednesday, November 9th, 2011 | Bank owned, Foreclosures, Real Estate Investing | No Comments
My friend Jeff Adams is launching a book on Amazon and giving away a special bonus package, but only if you order his book TODAY, Wednesday Nov 9th.
I respect Jeff because he’s a self-made success. He started as a broke firefighter and created a business that’s thriving even today in this recession.
One of Jeff’s secrets was to learn everything he could about investing in foreclosures. He’s now sharing that knowledge in his book, called, “How to Buy Bank Owned Foreclosures For Pennies on the Dollar.”
What’s in it for you to buy this book? A lot. Here’s a sample:
- You get Jeff’s personal, hand-holding step-by-step guide to grabbing bank-owned properties for pennies on the dollar — even if you don’t have a cent to your name, have credit that stinks, or have never flipped a house before.
- You could flip your first house in less than seven days!
- And here’s the best part — it doesn’t have to interfere with your day job. You can do this entirely on a part-time basis. Or, if you want…
- Transform it into a gigantically paying full-time business. It’s your choice how much money you want to make.
- Get an unfair advantage in your market with special ninja tricks that reveal specific tactics for using this recession to your advantage. When you discover these strategies for dominating your market, there will be no competition for your deals.
- When you read this book, suddenly, formerly hidden opportunities will nearly jump out at you…
…and you’ll find hundreds of thousands of dollars in your own backyard! Your own home town will open up to you with endless deals others never even knew existed.
This book comes with several bonuses ONLY if you make an Amazon purchase dated TODAY:
1. You’ll get a brand-new special report on how to invest during a recession.
2. You & a guest will get admission to a live bootcamp coming up Jan 20-22–a $3,000 value–at absolutely no charge. Just wait until Jeff reveals his seven-day flip system! You may be able to flip one or two properties… per week!
3. You’ll be part of a book-buyers-only teleseminar. Jeff will discuss which markets are the best to invest in right now, and the latest ways to fund your deals after the sub-prime meltdown.
4. There are even more goodies–all free–just for getting an $16 book TODAY.
So Make sure you get this today — and today only! — by clicking the link below now:
Click here to grab your copy of this amazing book!
Then enter your order receipt number into the following web page to collect your bonuses:
http://www.JeffAdamsBonuses.com/amazon.html
It’s time for us to make some real cash in this recession, together!
Josh
P.S. Wouldn’t you trade $16 for $3200? Not to mention, there’s a wealth of information in this book that will accelerate you far ahead on your real estate investment career.
If you order today, you qualify for the $3200 bonus. So Make sure you get this today – and today only! — by clicking the link below now:
Click here to grab your copy of this amazing book!
Then enter your order receipt number into the following web page to collect your bonuses:
http://www.JeffAdamsBonuses.com/amazon.html
REO Treasure Hunting with Josh and Derek on SREC TV
Thursday, September 29th, 2011 | Bank owned, Foreclosures, Pre-foreclosure, Real Estate Investing, Wholesale properties | 3 Comments
The One and ONLY Method For Flipping Short Sales Legally
Wednesday, September 14th, 2011 | Bank owned, Commercial Real Estate Investing, Foreclosures, Pre-foreclosure, Real Estate Investing, Real estate short sales, Short Sales, Wholesale properties | No Comments
The team and I at Strategic Real Estate Coach have been keeping a secret from you for a very long time. I’m sorry, but I had to finally get this off my chest. We have discovered (and used effectively for over 18 months now) what’s arguably the MOST effective way for quick-turning short sales for profit………and we haven’t told ANYONE.
My coaches, about 100 of my top students and I have been using this method for over 18 months with PROVEN (and astonishing) results.
It’s 100% legal, compliant and extremely proprietary in nature.
Code-named, “Dovetail,” it is an advanced short sale real estate investing strategy. The most advanced of it’s kind.
If you’re not familiar with the “Dovetail Method,” it’s a close-knit strategy that a couple of my coaching students turned coaches invented. They’ve held this strategy close to the vest because, well frankly, it works. While everyone else has been struggling with short sales, we’ve been killing it using this method. Up to now it’s only been used by the SREC coaching community. You won’t find it anywhere else. I promise.
This is not for public consumption. NO ONE outside of our private community of coaching students uses this method or knows of its existence. I’ve never talked about it in public or at a live event.
(In fact, this information is US Patent Pending, and requires non-disclosure agreements from you, your real estate attorney and title company to use.)
As such, this information has NEVER BEEN SHARED outside of the SREC coaching network until now.
This is a bold statement but… Dovetail solves almost all of the problems investor’s today face. (This is not hype, and you will see actual results.)
However, for “security” reasons, I am not allowed to go into any details in this message.
Because of my relationship with John and Jerry – “The Inventors” – I’m fortunate to have the “inventors” of this unique strategy join me on TWO training webinars that go into “The Dovetail Method” in detail, and how it can be immediately applied to your investing business.
The first call (Part 1) is this Thursday, Sept. 15, and you have two chances to catch it – either at 12pm EST/9am PST or 9pm EST/6pm PST.
Click here to register for the 12pm EST/9am PST webinar here.
Click here to register for the 9pm EST/6pm PST webinar.
Part 2 will be Sept. 22 at 12pm EST and 9pm EST, also. (I’ll get you the link for that one after Part 1, but mark your calendar now!)
Again, because of the nature of this training event, lines will be extremely limited. I fully expect this to be the most widely attended webinar training class I do THIS YEAR.
You can register now for the 12pm EST/9am PST training call here,
Or for the 9pm EST/6pm PST call here.
Live Abundantly,
Josh
P.S. If you are SERIOUS about investing in real estate, especially short sales and want the ultimate competitive edge — DO NOT MISS THIS CALL!
Here’s what seasoned investors are saying about “The Dovetail Method”
Wednesday, September 14th, 2011 | Bank owned, Commercial Real Estate Investing, Foreclosures, Pre-foreclosure, Real Estate Investing, Real estate short sales, Short Sales, Wholesale properties | No Comments
Hey, I need to be short today because I’m working with John and Jerry to polish things up for Thursday’s webinars.
Register for the 12pm EST/9am PST webinar here.
Register for the 9pm EST/6pm PST webinar here.
I thought the most powerful way for me to prove to you that you NEED to be on this call is to let others tell you about the impact DOVETAIL has had on them over the past 18 months.
“We had 3 closings in April and made over $45,000! We are on track to have 3 to 4 more closings in May and could make over $65,000 this month. We have 85+ deals in the pipeline and have partnered with a couple of brokers in town and get all of their short sale leads now. We still have a lot of room to grow and we are in the process of hiring some more people, but our business is really booming. We started less than a year ago and I am now confident that we will get to 7 to 10 closings a month very soon! Thanks for everything y’all do!” – Zach K., SC & VA
“I have been using (Land) trusts for a long time (9 years) to buy and resell real estate. My process worked for a long time until about 1 year ago. The title companies and title underwriters did not like land trusts anymore. I started using just the option contract and that paperwork seemed as though things did not go smooth. I switched to using John Grant’s and Jerry Ballard’s paperwork, the revocable living trust and things fell in place like magic. Once you get the process down, things happen very easy. In the years that I have been investing (10 years), John and Jerry’s paperwork is the best to use. I do not know of a better way to buy and resell than using the program that John Grant and Jerry Ballard have put together. The investment is priceless and I could not imagine using paperwork other than this. This is awesome.” -Tim P., IN
“I closed a Dovetail deal yesterday. It was with BOA (!) Just wanted to say thanks…no issues with anything.” -Sergio D., FL
Register for the 12pm EST/9am PST webinar here.
Register for the 9pm EST/6pm PST webinar here.
I’ll tell John and Jerry you said “Hi”
Talk Thursday,
Josh
Avoid these real estate markets
Thursday, September 8th, 2011 | Bank owned, Foreclosures, Real Estate Investing | No Comments
That headline sounds pretty ominous, doesn’t it?
Don’t let it scare you! While it is accurate, the flip-side is that there are a whole lot of real estate markets that you can hone in on and make a killing!
That’s what I’m doing in my local market. I told you about my most recent finds, and that was just in one afternoon! The trick is knowing where to look.
For years, many cautious investors have been saying that now is not the best time to invest in real estate. That is one train of thought, and it has, in fact, saved many people from losing a lot of money. BUT, if you have the right information and resources, now’s as good a time as ever. Maybe even better!
Things are finally **starting** to change in select markets. You have to know what those markets are.
— > Know How to Spot Strong Markets here <—
When you click on the link above, you’ll have the chance to gain access to my good friend, Ken Wade’s forecasting video and eBook. He will show you how to get access to tomorrow’s real estate deals, TODAY. And his eBook won’t cost you a cent.
Imagine having a crystal ball for real estate deals in the palm of your hand. Find out which markets are at the top, which are at the bottom and which ones are rebounding. Even better, find out what’s going on in your own backyard.
Ken is a Harvard-trained CPA and has done over $100 Million in real estate deals, so I’d say he knows what he’s doing.
Don’t get me wrong, it’s bad and going to get much get worse in many markets; you still need to avoid them for a while. However, it’s no longer true across the board …you can start dipping your toes in (if you know where).
There’s NOTHING more important than getting in (and out) at the right time, THAT’s how you create generational wealth with real estate and avoid the catastrophe millions of people have been living through.
You have nothing to lose – check it out today.
—> Click here <—
Can you forecast real estate success?
Tuesday, September 6th, 2011 | Bank owned, Commercial Real Estate Investing, Foreclosures, Pre-foreclosure, Real Estate Investing, Real estate short sales, Short Sales, Wholesale properties | No Comments
Welcome back from Labor Day Weekend!
Monday was one of the best days I can remember. I played 18 holes with 2 of my closest friends, had lunch with my wife and kids, sang to my new baby boy Dominic (my girls call him Dominoooch!), worked out like a champ, jumped in my hot tub, fixed my kids dinner, and we closed the day with homemade ice cream sundaes.
Can’t beat that! Seriously what a great day!
After a relaxing weekend, I’m back at it.
This weekend I also had the chance to evaluate a sweet new “success forecasting tool” I’m using.
I want to introduce you to a friend of mine who can help you “forecast success”.
His name is Ken and he’s is not only a Harvard MBA, but a C.P.A. as well. In 30 years of real estate investing, he’s personally closed over $100 Million.
(that looks like this -> $100,000,000) worth of real estate deals.
Ken is the kind of guy that I listen to for “forecasting” advice, and you should, too.
He’s put together a “forecasting” video and ebook for you.
Get it here.
He’s going to show you how you can get tomorrow’s real estate deals, TODAY.
Imagine having a “crystal ball” for your real estate deals in the palm of your hands. Find out what markets are at the bottom, and which ones still have a ways to go down and which ones are rebounding already and what’s going on your own back yard.
Ken’s just actually giving away this C.P.A. caliber, forecasting information.
You have nothing to lose, other than maybe a ton of your time and a boat load of your money investing in the wrong markets.
But nothing more than that.
Josh
P.S. Have you ever had a shot at “insider info” from a Harvard MBA whose closed $100 Million in deals? I doubt you’ll get that chance again.
“Forecast” your own market and dozens of other markets now before it’s gone.
Just enter your first name and email in the
box below for free immediate access!
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