real estate investment 101

Real Estate Investment

101

Step 1: Find a property with potential…

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…in an up-and-coming neighborhood…

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…with great tenants…

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…selling at a discount.

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Step 2: Leverage property as much as possible; 0% or 5% down payment…

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…find bank willing to lend you money; 100% or 95%.

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Step 3: Purchase property.

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Step 4: Make high impact-low cost improvement.

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Step 5: Raise rents.

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Step 6: Re-finance property.

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Step 7: Take equity from re-finance and start all over again with another property.

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Step 8: Continue cycle until you become a millionaire.

Step 1:Find Property

Step 2:Leverage

Step 3:Buy Property

Step 4: Improve/Fix

Property

Step 5:Raise Rents

Step 6:Re-Finance

Step 7:Re-invest

equity from re-finance

Step8:Start over

Good Luck!