How To Get Filthy Rich Buying Property With No Money or Credit

Dear Future Real Estate Tycoon,

My name is Richard Reichmann and I'm a real estate investor. You may or may not have heard of me but I've already helped hundreds of people just like you get rich in real estate.

And, if you give me the opportunity, I can help you become successful as a real estate investor, too!

There are so many changes going on in real estate right now. And guess what? NOW is the time to get involved if you want to get SUPER DEALS on property. And yes, you can do it with NO MONEY and NO CREDIT, despite what anyone has told you!

And if you wait any longer to get into real estate, you will pass up this once in a lifetime opportunity to finally get rich!

About 10 years ago I was searching for a way to make money in real estate. Just like you I scoured courses, went to seminars, read books, and talked to successful real estate investors trying to find a way to make money in real estate.

Most of what's out there is nothing but a SCAM. I was SCAMMED out of THOUSANDS OF DOLLARS. One "guru" (who is still on late night tv) took me for $16,800!

And what did I get out of the deal? Nothing! ABSOLUTELY NOTHING!

I realized that nobody out there was revealing the "real deal" about how to become a successful investor.

Why Now Is The Time To Buy A Home

Right now is absolutely the best time to buy a home since interest rates are at an all time low and seller are more flexible than they have been in years. Good credit is key if you need to obtain financing.

The best way to go is owner financing where your credit score is much less of an issue than it would be with conventional bank financing. There are some pitfalls to owner financing, however there are also so very simple ways to totally eliminate these problems from happening at all.

There are a number of way to go about seller financing. Lease option is one way but is you choose this method be sure to have the seller put the property in a trust so no liens that they may have will attach themselves to the property. This will eliminate the problem of having to satisfy any liens at closing to get clear title.

The second is to do a wraparound mortgage which is an mortgage wrapped around the existing mortgage or is there is no existing mortgage, have the seller hold a 1st mortgage if they don’t need to cash out. Even if they do need the cash if homes aren’t selling you may be their only option so it creates a real win win situation.

If you choose either one of these make absolutely certain YOU are making the payments to the bank and not the seller. Why you ask, because if you have a lease option or seller financing of any kind and the seller is to make the payments. If they don’t you may find yourself looking at either an eviction notice or the house being foreclosed due to the seller not making the payments are you will be left out in the cold.

Remember in this real estate market the buyer makes the rules and if you don’t like the deal just walk away there is another waiting for you close by. Also don’t be afraid to make offer of 40% to 50% below market value, Many seller are in desperate situations and if the property isn’t sold it may be going back to the bank.