Real estate investors need to take a page from President Obama’s election playbook. Obama raised over $600 Million in private money for the campaign without taking a dime of government money.
Why is this important?
With the credit markets choked off by over-reacting lenders, private money becomes one of the only games in town to fund real estate. More so now since real estate prices have reached a historical low.
Remember the old money making adage: “Buy Low Sell High”. Everyone gives lip service to this obvious truth, but few actually do it. Why? Because prices are low and bargains abound exactly when there is lots of public pessimism about the value of the investment!
The housing index has lost 10% to 30% of its value. Foreclosures, short sales and REO’s are going for ridiculous discounts as banks struggle to unload their glut of foreclosed homes. In fact, if you buy these types of foreclosures, you can pick up property at 20% to 40% of market value from banks trying to unload their inventory.
Investors who are buying up these properties now, are going to experience windfall profits when the housing market starts recovering—and it will. We’re talking about $50,000 to $100,000 per house (or more!)
So, why isn’t everyone rushing in to pick up these properties? Because with banks pretty much out of the picture, to buy these properties at enormous discounts, you need private money Just like President Obama did.
Want to know how to get it?
SHOW ME THE MONEY
Richard and Michelle Odessey have been working feverishly on a whole new concept in getting the cash to fund the purchases of these discounted properties. It’s called the INVESTOR WEALTH NETWORK.
It’s an opportunity to learn how to get private to buy up those short sales and REO’s at 40% loan to value (or less)—just like the big investors do. This system is also ideal for buying apartments and commercial real estate too.
This system comes from Richard’s years of experience funding real estate deals. And for the first time he is going to reveal all: his tips and tricks for funding any deal that he personally uses for his acquisitions.
And this is practical advice that any investor can use, even if they’ve never bought a property, and even if their credit is shot and their bank account running on empty.
HOW IT WORKS…
Despite what the public has be told, there’s a lot of money out there looking for a home. The crash of the stock market has caused a lot of wealthy investors to pull their money out. It is now just sitting in money market accounts. These private lenders are actively looking for an investment with high returns that will help them rapidly recoup their losses.
So, while other businesses are suffering the effects of the recession and an uncertain future, investing in real estate becomes an attractive option.
How to find private lenders and successfully make them investors in your real estate transactions is what the INVESTOR WEALTH NETWORK is all about. It is designed to be a resource for any real estate investor who is looking for a way to fund their real estate deals.
The INVESTOR WEALTH NETWORK is limiting membership, so real estate investors who are interested in expanding their cash funding sources, should look into this resource as soon as possible.
Richard Odessey and the INVESTOR WEALTH NETWORK make it easy to learn how to fund your real estate deals with private money and other sources of cash. To find out how you can get practical tips, tricks and advice, not just once, but month after month, visit: www.InvestorWealthNetwork.com
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