OfflineI haven't been posting much since the EDGE Event because my life seems to be "insane" right now for a "retired guy". I am working no less than 14 hours per day 5-6 days a week right now. The real estate world we live in right now is about to change. HUD just passed a law stating that the $8000 tax credit that has been available for the last few months can now be used as a down payment. I hope you investors can spot an opportunity cause this is a big one! Basically this is going to allow "no money down" home loans for first time homebuyers. Because of this change and other "no money down" loopholes the government has created, I have changed my stategy from a "buy and hold" to a "buy and flip". Also, when a tenant moves out of one of my houses, rather than re-rent it out I am simply just putting a for sale sign in the yard. I want to create a massive snowball of cash to re-invest when this frienzy begins to cool off. I hope you all realize that vast fortunes are going to be created in the next few months from people who decide to take action and make good decisions. You should decide to be one of those people. I won't bore you with all of the details of the many deals I am doing every month right now but, I can tell you that I have been doing a ton of deals! I am beginning to expand into other markets also. I am building teams that implement the systems I have created so that I can make money in other real estate markets without actually being there. It is very exciting! Go out there and get it done!
Matt Larson
You've got to find your obstacles and call them out! Unsheath the sword, and do battle with whatever it is that holds you back!
This is very exciting news. Thank you for sharing this great information with us. It is always great to be one step ahead of what may happen in the real estate market. This makes perfect sense especially in my area. There may be more opportunties that we can handle.
Thus, if you are near the Indianapolis or Chicago area in the future maybe we can meet to discuss some opportunities. I have 5 different markets that will be perfect for this type of incentive. I already am seeing local towns offering free college state tuition for homeowners that buy homes in these areas, etc. There are also several incentives for community lending and a certain bank is offering 5% mortgages for non-owner occupied real estate because they are being required to do more community development banking. If you want to discuss this further please feel free to send me a pm. Good luck on all your deals. Believe and Achieve!
Indiana-Joe
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Thanks Matt for the info. Look forward to many success stories of my own. Just getting the hang of things now. But wish you all the success with this new direction you plan on taking! Speak with you soon........
Lubertha
"GOD IS STILL IN CHARGE, HE IS THE AIR WE BREATHE"
Once again King Solomon the king of wisdom is back with this great news ops!!! King Matt rather...This is really a great news Matt...it looks like tax credit seems to not working or working @ a slow pace that the Feds has come up with another option. We should really take advantage of this situation. Good Luck.
Cheerss!!!
I knew right away that it was you when I saw this topic.
Moving forward.
Jason S.
San Diego, CA.
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