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No Equity? No Problem! Profiting From Homes With No Equity In Them!

July 12th, 2008 · No Comments

We do not think anyone will disagree with the fact that the marketplace is flooded with homes that do not have any equity in them.

It seems like "zero down" mortgages and 125% "Loan to Value" mortgages are quite popular.

It has also created a very serious problem for those folks.

What are these folks supposed to do when they need to sell their home for whatever reason and they cannot afford to pay a realtor or the closing costs?

These good people now find themselves in a mess!

A royal mess!

Initially, they will probably attempt to sell the home themselves, but let's be real here..

Do you think they really have the expertise to do that on there own?

In most cases...

No.

If they do not get lucky and sell it on their own, they will then be forced to rent their home, and who wants to do that?

We all have heard the renters from hell stories!

So their choices are limited!

Extremely limited!

What if we told you there was a way to present a solution to these homeowners and still make Thousands of dollars in upfront profits and possibly a monthly profit as well?

Would you get excited?

Well there is!

The answer is a Lease purchase contract!

But not just any Lease-purchase contract!

Your lease purchase contract must give you full control of that property so you can then re-market the home to what we call a "tenant buyer."

A tenant buyer is someone that is looking for a home on a rent-to-own basis.

A tenant buyer is someone that is going to be responsible for all minor maintenance under $1,000.00 so you will never get called in the middle of the night with a leaky faucet or toilet.

A tenant buyer is not as concerned with price as they are terms. Since they are looking to purchase the home at some point in the future, you can easily increase the sales price on the home to reflect what that price would be in the future.

This creates a very nice "profit margin" for you.

You can also charge more than what you agreed to pay on the lease giving you a monthly cash flow as well!

We recently read a statement from a very successful businessman that the real way to obtain wealth is to provide people with solutions to their problems...

Real solutions for real problems.

If you can do this, you can be wealthy beyond your wildest dreams.

In the scenario we just described, we are solving major problems for 2 different families...

One family who does not have any equity in their home or cannot afford the closing costs or realtors commission...

And another family who, for whatever reason, wants to purchase a home of their own but simply cannot do that today.

Solving problems and going to the bank... Does it get any better than this?

For example, one of our deals was a home that was on the market for 1 year and did not sell.

This home had no equity in the deal. We came in and within 2 weeks resold the home on a lease purchase contract at 10% ABOVE MARKET VALUE! We had $5,500 upfront profits, $200.00 a month positive cash flow, and $6,000 potential profit at the back of the deal!

All of the above on a home that could not sell the standard way and yet, because we had "specialized knowledge", within 2 weeks we had a solution and profited because we did!

This is fun and profitable!

We encourage you to really "marinate" on this "secret" because we really do not see these specific problem going away for the next 3-5 years and if you can position yourself to solve these problems, well, it is Absolutely Staggering the impact you can have on others' lives, including your own!

TC and Vickie Bradley are the Authors of the #1 Best Selling Real Estate investing course "Buy with No Credit, How to Make Money this Month in Real Estate!" They also do a FREE weekly webinar! http://www.buywithnocredit.com

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