long term cash flow strategy $0.00 out of pocket!!! WITH DETAILED WAYS OF MAKING IT HAPPEN!!!!!!!

long term cash flow strategy $0.00 out of pocket!!! WITH DETAILED WAYS OF MAKING IT HAPPEN!!!!!!!

This tought came to me during one of my darkest moments.
talking about plateAus, i have bought the book about 3 months ago i read it cover to cover and reviewed it afew times, my uncle is really good friends to this realtor that he presented to me. i told him my plans he claimed he was in, but once i asked him to find me some properties he gave me the cold sholders,claimed he was too busy. i guess he was thinking i was nutts! but anyway i gave him another chance, i waited a week and found a buyer with GREAT credit, i asked him (my uncle's friend) to pull her credit because he also happens to be a broker, and again he hesitated, i was shoked and ready to give up and one of the reasons for that is becouse i had previously talked to afew other agents and they all turned me down, so i went and spoke to a friend of mine who happens to be a priest, he is a business man also, he owns a car lot, mechanic shop and afew other businesses, so i made him a proposal to partner up with me, buy the way do to this friend of my uncle's turning me down even when it looked as if i had a donne deal it shut me down mentally, so i did nothing for a couple of months!!! last weekend i decided to re-group and just take time and think. How can i make this work!?? sitting here wont bring me any money, so that is when i thought of the priest friend of mine.
once he heard ONE of my plans witch i will explain in a minute. i came up with it and its a no brainer but it will only start to pay in 35months (long term investment,i call it the 40/80 effect!! lol) he loved it, picked up his phone and called his connections (money man) to come to his office, we have a meeting tomorrow at 4:30 pm, the man offered me an office at his place of business 100% FREE, and told me he was all in!! now this is how my strategy goes! over here in SW FL Naples, Bonita, FT Myers area there are lots of houses going for 60 thousand dollars and they are more than willing to let it go for 40 thousand cash everything included. so what i have donne was i went arroung talking to people i know who has BAD credit and are willing to buy a house! (u must be thinking where is he going with this is he nutts!!?? trust me it gets better)i came up with a list of about 50 people in one week(1 hour per day or less)!!! i like to call it "The waiting list"!the question i asked those people was.. .... Would you buy a house right now if i told you i could finance it and all you have to do is come up with 10% of total cost which is 8 tousand dollars and make monthly payment of 1333.33 per month for 60-72 months???? ok if i find an investor whos willing to put the 40k cash for the house (whitch i found) i can turn it arround and sell it for 80 thousand dollars and finance the house for a short term of 6 years to the people on the waiting list!! this is how it works: investor gives me 40k to invest on the house i will than have a lien on the deed of the house with the investors name all over it, i will charge the customer 10% of the 80k witch is 8k the customer will pay my company 1333.33 per month, every payment the customer sends me will go to the investor, because i want to lower the ballance of the loan fast, so i will pay the investor part of his money plus 10% interest on the remainder balance. my calculations shows me that if i do this i will have the investor payed off within 35 months and the title will than be free and clear from anything and it will be mine!(untill my customer finishes paying me the rest of the loan) now the remainder payments my customer makes will come directly to me and no one else! and if in 35 months the customer decides not to pay anymore i now have a house 100% FREE! i put no money into it! if you think about it i have just more than double the investment of 40 and made another 49,331 to be exact not counting the 8000 i asked for the down payment. and the thing is you can do it for 7 years, and maximize your profits, people would still do it without hesitation because banks are financing for 30 years and they triple or quadruple their money on the finance part, i dont have to be as greedy and just move on to help out another person. i have not yet made a deal but really folkes do u think that any investor with the right mind frame would turn down a 10% RETURN ON THEIR INVESTMENT WITH SECURITY??? i dont think so. with security they can open a cd that pays 3% i am giving tham more than triple the amount!! here is the specifics on how i pay the investor i took the time to do it too maybe this will make you understand it better!!

Month 1
(BALANCE)40,000 * 10% = 4000
4000 / 12 months = 333.33
1000 towards principle
333.33 1st interest payment

Month 2
39,000* 10% =3900
3900 / 12 months = 325.00
1008.33 Towards principle
325.00 2nd interest payment

Month 3
37991.67 * 10% = 3799.17
3799.17 /12 months =316.60
1016.73 Towards principle
316.60 3rd interest payment

Month 4
36974.94 *10% = 3697.49
3697.49 / 12 months = 308.12
1025.21 Towards principle
308.12 4th interest payment

Month 5
35949.73 * 10% = 3594.73
35943.73 / 12 months = 299.56
1033.77 Towards principle
299.56 5th interest payment

Month 6
34915.96 * 10% = 3491.60
3491.60 / 12 months = 290.97
1042.36 Towards principle
299.56 6th interest payment

Month 7
33873.60 * 10% = 3387.36
3387.36 / 12 months = 282.28
1051.05 Towards principle
282.28 7th interest payment

Month 8
32822.55 * 10% =3282.26
3282.36 / 12 months = 273.52
1059.81 Towards principle
273.52 8th interest payment

Month 9
31762.74 * 10% = 3176.27
3176.27 / 12 months = 264.69
1068.64 Towards Principle
264.69 9th interest payment

Month 10
30694.10 * 10% = 3069.41
3069.41 / 12 months= 255.78
1077.55 Towards principle
255.78 10th interest payment

Month 11
29616.55 * 10% = 2961.66
2961.66 / 12 months = 246.81
1086.52 Towards Principle
246.81 11th Interest payment

Month 12
28530.03 * 10% =2853.00
2853.00 / 12 months = 237.75
1095.58 Towards principle
237.75 12th interest payment

Moth 13
27434.45 * 10% = 2743.45
2743.45 / 12 months = 228.62
1104.71 Towards principle
228.62 13th interest payment

Month 14
26329.74 * 10% = 2632.97
2632.97 / 12 months = 219.42
1113.91 Towards principle
219.42 14th interest payment

Month 15
25215.83 * 10% = 2521.58
2521.58 / 12 months = 210.13
1123.20 Towards principle
210.13 15th interest payment

Month 16
24092.63 * 10% = 2409.26
2409.26 / 12 months = 200.77
1132.56 Towards principle
200.77 16th interest payment

Month 17
22960.07 * 10% = 2296.01
2296.01 / 12 months = 191.33
1142.00 Towards principle
191.33 17th interest payment

Month 18
21818.07 *10% = 2181.81
2181.81 / 12 months = 181.82
1151.51 Towards principle
181.82 18th interest payment

Month 19
20666.56 * 10% = 2066.66
2066.66 / 12 months = 172.22
1161.11 Toward principle
172.22 19th interest payment

Month 20
19505.45 * 10% = 1950.55
1950.55 / 12 months = 162.55
1170.78 Toward principle
162.55 20th interest payment

Month 21
18334.67 * 10% = 1833.47
1833.47 / 12 months = 152.79
1180.54 Toward principle
152.79 21st interest payment

Month 22
17154.13 * 10% = 1715.41
1715.41 / 12 months = 142.95
1190.38 Toward principle
142.95 22nd interest payment

Month 23
15963.75 * 10% = 1596.38
1596.38 / 12 month = 133.03
1200.03 Toward principle
133.03 23rd interest payment

Month 24
14763.72 * 10% = 1476.37
1476.37 / 12 months = 123.03
1210.30 Toward principle
123.03 24th interest payment

Month 25
13553.42 * 10% = 1355.34
1355.34 / 12 months = 112.95
1220.38 Towards principle
112.95 25th interest payment

Month 26
12333.04 * 10% = 1233.30
1233.30 / 12 month = 102.76
1230.57 Towards principle
102.76 26th interest payment

Month 27
11102.47 * 10% = 1110.25
1110.25 / 12 months = 92.52
1240.81 Towards principle
92.52 27th interest payment

Month 28
9861.66 * 10% = 986.17
986.17 / 12 months = 82.18
1251.15 Towards principle
82.18 28th interest payment

Month 29
8610.51 * 10% = 861.05
861.05 / 12 months = 71.75
1261.58 Towards principle
71.75 29th interest payment

Month 30
7348.93 * 10% = 734.89
734.89 / 12 months = 61.24
1272.09 Towards principle
61.24 30th interest payment

Month 31
6076.84 * 10% =607.68
607.68 / 12 months = 50.64
1282.69 Towards principle
50.64 31st interest payment

Month 32
4794.15 * 10% = 479.42
479.42 / 12 months = 39.95
1293.38 Towards principle
39.95 32nd interest payment

Month 33
3500.77 * 10% = 350.08
350.08 / 12 months = 29.17
1304.16 Towards principle
29.17 33rd interest payment

Month 34
2196.61 * 10% = 219.66
219.66 / 12 months = 18.31
1315.02 Towards principle
18.31 34th interest payment

Month 35
881.59 * 10% = 88.16
88.16 / 12 months = 7.35
881.59 last payment
7.35 35th and last interest payment

i just did this quick i am sure there is a mistake in the numbers as a matter of fact the 6th month there is a 10 dollar mistake i was doing it in a hurry but if you follow it from the first through the 5th and do it right from the 6th on you will get the right numbers!

i holpe u guys try it out becouse right now you can make deals like this the prices are bottomed out!! in 2-3 years i doubt we will be able to find 40k houses over here in this area!
Dean thank you so much, u are the greatest mentor of all time, i wish i would have won that trip to meet you, (i am glad for the winner) but dont worrie i will meet you one day or another, as soon as i make some money i will enroll myself on the academy. i am selling my truck to pay for the academy i guess i can live with a cheap car for now! by the way anyone out there looking for a chevy dually diesel let me know, i am selling it for a good purpose lol.
thank you, thank you, thank you! and thanks to all of you making deangraziosi.com the place to be, i holpe that my story helps! and i holpe i posted it in the right spot!! lol

ps sorry for the spelling! this is my 3rd language i should be forgiven! hahahahahaha

GOOD LUCK TO ALL.

__________________

"Obstacles are what you see when you take your eyes off your goal"
Dean Graziosi

Live, Love, Laugh!!!!!


RE: Banks By: tenorsaxman

Your questions anwer is not at this time i dont think you will find a secondary bank to finance a 550 credit score, but there are ways to do it without credit, and remember nothing is easy you have to put some effort into it. if I were you, I would look for Owner financed houses, work out the numbers as to where it makes sence to rent it out and make some money on top of it (Cash Flow).

Or you would have to first find an investor someone who has cash money or good credit to partner up with you and split the profit.

Focus on fixing your credit, there are lots of info in this site that teaches you how to fix your credit, i belive there is a Video Blog giving out some ideas on how to fix your credit.

Good luck with your investment venture.

Luiz

__________________

"Obstacles are what you see when you take your eyes off your goal"
Dean Graziosi

Live, Love, Laugh!!!!!


Banks

Thanks for the advice..

__________________

RBB


Banks

Thanks for the advice..

__________________

RBB


luiz's idea

Hi, just going over this whole idea. Wondering if you have been able to follow thru with this great idea yet. Tina


"long term cash flow strategy $0.00 out of pocket!!!...."

Hello Luiz,

I've been reading all the feedback/responses on your post. I'm wondering how this plan has evolved AND produced success for you. Can you post an update?

Hoping you have nothing but great news for us.

Wishing you $UCCE$$!

John

__________________

Attract Private Investors to fund your deals so you can do more deals while using Other People's Money (OPM). For more info go to:
http://www.mcssl.com/app/aftrack.asp?afid=1029023

Regards,
John <>< Future DG & DL REI Billionaire
ASPEN PROPERTIES "I BUY (ALL CA$H), HOLD, LEASE & SELL Commercial and Residential Properties" ANY LOCATION, ANY CONDITION, ANY PRICE
http://ctaffordablehomesforall.usapropertywholesale.com/


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