This book shows beginning and experienced real estate investors how, and where, to acquire one million dollars in real estate in one year using borrowed money. Author and real estate expert Tyler Hicks starts with the reasons why real estate is the world's best borrowed-money business, then discusses hands-on ways for any investor to: Choose the type of property to invest in Pick one of 49 mortgages that can finance the property Find loans on the Internet to finance property acquisition Deal with, and obtain funding from, private lenders Use self-starter methods to get the money needed to buy income real estate Get financing even with bad credit/no credit on the investor's record Tap into little-known sources of real estate financing for both beginners and experienced wealth builders Use 100% financing (zero-down) methods to acquire real estate Build wealth almost anywhere with property appreciation Put wraparound mortgages to work to acquire desirable properties Numerous real-life examples of people who have used this system successfully in their spare time are included. To further assist readers in acquiring the income real estate they seek, dozens of sources of funding are included.
I completely disagree with the previous reviewer. I believe that Hicks offers much to the beginning real estate investor. If the writer of the previous review does not believe that it is possible to get into real estate investing with little money of your own he is very mistaken. And I just read in one of another of Hick's books today about the value of starting slowly. The phrase OPM (other people's money) has been valid since Robert Allen starting tossing it around and it is still valid. Tyler Hicks is an interesting fellow. He is an engineer as well as an investor, and a prolific author in many fields. He graduated from Cooper's Union in New York City, a school that you cannot buy your way into. Yes, he does like to sell his newsletter, but big deal, it is a helpful resource and much cheaper than many of the bootcamps the "guru's" offer. I have actually spoken to him on the phone, he offers his live phone number to the readers of his books. By the way, the writer of the previous review has his own products to sell. That is okay, but he should not defame others on his way to success.
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