Has investing in tax liens got you frustrated for any of these reasons:
- You have a large amount of money to invest and are finding it difficult to purchase tax liens or redeemable deeds for decent returns
- You’re having trouble doing your due diligence and you’re afraid that you might lose money by bidding on properties that aren’t any good
- You’ve done your due diligence on tax sale properties and you know what properties to bid on. You’ve been to a few tax sales, but you just can’t figure out how to win profitable bids against competitors that are bidding down the interest way too low or bidding up the price way too high
We had a great webinar with my real estate investing mentor, Mark Jackson (MJ) of InvestorCompsOnline.com on how to make money fast with HUD deals.
If your real estate deals are falling apart because:
- You don’t have all the funding
- You can’t find good deals to start with
- You don’t know where to start, never the less how to finish,
This is a training that will help!
My good friend and mentor, “MJ”gave an EXTREME training showing exactly how to do deals using real life examples…. Continue reading
Last fall I conducted a tax lien investing training and one of my students, Gloria Hahn, from Pennsylvania, wrote me a wonderful letter about her experience with my training. Here are just some excerpts from her letter, and all the emphasis is hers…
“If you are looking like I did for a ‘teacher’ and not another rip-off… sincerely, Joanne Musa the Tax Lien Lady is IT if you want to learn about tax liens and tax deeds….
She’s so simple, clear and step-by-step…
There wasn’t ONE thing she missed, She teaches step by step full circle…She told us loads of websites she herself uses and loads of FREE guides, even one on each state and their rules. Continue reading
Enjoy this guest article about zero interest credit by business funding expert Ari Page…
The old adage is that if it sounds too good to be true, it probably is. Browsing through your mail, you’ve likely come across no interest credit solicitations from various institutions and wondered how they can do that. In the case of zero interest credit, the adage actually doesn’t apply.
To understand how they can do it, you must consider how banks operate. Modern banks operate through the use of short term financing and interbank loans, which are used for lending and, in turn, profitmaking. In other words, if a bank isn’t lending money, it isn’t making money. Since the great recession hit, interest rates have remained at historic lows and banks have been able to borrow at near zero percent from the Federal Reserve. Banks will then lend funds out through a variety of products, with a variety of terms. Again, with rates at historic lows, banks are able offer better rates to their customers. Continue reading
One of the questions that I get frequently is: “how can I get low cost funding for my deals?”
While I don’t recommend borrowing money to invest in tax liens, since it could take months or even years before you get paid, it is advantageous to have a low cost source of money to borrow for purchasing tax deed properties or for foreclosing on tax liens that are at the end of the redemption period. When you go to a tax deed sale, you have to have money in hand, you don’t have time to get a loan. You don’t even get a chance to inspect the property before hand, and at many tax sales, you are expected to pay when you are awarded the bid. So it really is helpful to have a source of funding for money that you can take with you to the tax sale.
Also if you are investing in real estate, especially in bank foreclosed properties and HUD deals, even if you have a funding partner, you’ll have to come up with earnest money. Wouldn’t it be nice to be able to get that earnest money at 0% interest? Well you can, in fact you may be able to larger amounts of money at 0% interest. And next week I’ll be hosting a very informative webinar with a couple of financial experts that will show you just how it can be done! But the first step is becoming lendable. So here are some tips on how you can become lendable in 5 easy steps from my friends Ari and Mike at FundandGrow.com… Continue reading