What You Need to Succeed in Low-Cost Real Estate

The biggest challenge for real estate BWBs (Beginning Wealth Builders) is the down payment needed for their first property. So if a BWB starts with a low-cost property (say $50,000–not $5-million), it’s much easier to borrow the down payment. For instance, if you need 10% down, that’s $5,000 for the $50,000 property, but $500,000 for

“Basket Money” Deals Can Make You Rich Sooner

Let’s talk about money — borrowed money or Other People’s Money (OPM). It’s a subject that always interests people because money is the fuel that drives the engine of business everywhere in this world. Without money business would stall. Often, I’ve mentioned that the loan supply is like the weather: changeable. Recently, money tightened up