Here’s where things get interesting. – step #2 of The Complete Solution For Real Estate Investors™ is “Financial Analysis and Leverage.”
In step #1 we talked to you. We picked your brain and recorded the numbers. We listened to your hopes and dreams, fears and concerns, to get an idea of your personality and what investment strategy will be best suited to you.
Now it’s time for your investment counselor to get to work crunching numbers for the financial analysis. It’s at this point we show you how to take the assets you currently own and leverage them to begin growing your wealth through real estate investments.
We know from experience a certain number of people out there in the reading audience begin to feel a bit deflated. They fear the worst. They’re afraid they won’t have enough in the way of assets to even get their foot in the door. Don’t give up so quickly. It takes less than you might think. Here are some numbers you might be interested in.
In general, depending on your credit score and ability to qualify for loans, it may only take about $12,000 to buy a bank owned property. That’s not so much, is it? You probably have that much laying around in home equity. Seems to us that putting it to use as seed money for an ever-expanding property portfolio might be a good thing to do with it.
Next time: learn about leverage.
