For all of you who are waiting on the sidelines until you have enough money to invest in real estate... a reminder that you do NOT NEED MONEY to make money with real estate.
There are a lot of different ways to make money with real estate. Some require a cash investment but there are plenty of ways to make money with "no money down" real estate techniques.
Read about Patrick Mangum's first real estate deal to learn one way to make money without money invested and still get a $420 per month cash flow:
Jackie: My first deal went like this. I acquired a $45000.00 piece of property for $33000.00 on a three year lease option withan ‘out’ for no penalty and an option to renew for another three years at acost of $100.00. My payments are three hundred per month and I gota great tenant with a great job and great income and great credit on a one yearlease for $720.00 per month. I do not pay the taxes on the property so my monthly profit is a straight $420 permonth and I can tie up the property for six years. Now the fun. $200 of my $300 dollar payment goes toward down payment which comesto $2400 per year and after six years that comes out $14400 down on $33000making my payoff $18600.00 This was a sweet deal..... What do you think. Thanks
Patrick Mangun
At CashFlowDepot.com you’ll learn how to do deals like Patrick’s– the kind of deals that require no money, no credit, no loans, and no experience.
With Pat's deal, he:
Yet, he's still enjoying $420 per MONTH in cash flow and building equity every month. Here's how..
Instead, of buying the house, he leased the house with the right to sublease it to someone else. The difference between the monthly payment he collects and the monthly he pays is $420!
In addition, he got an option to buy the house in six years with a pre- agreed to price today.
Plus, every time he makes a lease payment, $200 of it is being applied to the down payment or purchase price later, thus reducing the amount he will owe in six years.
Plus, Pat gets $420 per month in cash flow on a house he does not even own!
Opportunities like these are all over the world.
There are a lot of different ways to make money with real estate. Some require a cash investment but there are plenty of ways to make money with "no money down" real estate techniques.
Read about Patrick Mangum's first real estate deal to learn one way to make money without money invested and still get a $420 per month cash flow:
Jackie: My first deal went like this. I acquired a $45000.00 piece of property for $33000.00 on a three year lease option withan ‘out’ for no penalty and an option to renew for another three years at acost of $100.00. My payments are three hundred per month and I gota great tenant with a great job and great income and great credit on a one yearlease for $720.00 per month. I do not pay the taxes on the property so my monthly profit is a straight $420 permonth and I can tie up the property for six years. Now the fun. $200 of my $300 dollar payment goes toward down payment which comesto $2400 per year and after six years that comes out $14400 down on $33000making my payoff $18600.00 This was a sweet deal..... What do you think. Thanks
Patrick Mangun
At CashFlowDepot.com you’ll learn how to do deals like Patrick’s– the kind of deals that require no money, no credit, no loans, and no experience.
With Pat's deal, he:
- Didn't buy the house
- Didn't get a loan or need credit
- Didn't need cash for a down payment
Yet, he's still enjoying $420 per MONTH in cash flow and building equity every month. Here's how..
Instead, of buying the house, he leased the house with the right to sublease it to someone else. The difference between the monthly payment he collects and the monthly he pays is $420!
In addition, he got an option to buy the house in six years with a pre- agreed to price today.
Plus, every time he makes a lease payment, $200 of it is being applied to the down payment or purchase price later, thus reducing the amount he will owe in six years.
Plus, Pat gets $420 per month in cash flow on a house he does not even own!
Opportunities like these are all over the world.
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