The Next big real estate deal

I hear investors talk about different ways to make money in this market, and I get a lot great ideas from it.

One of my investors from the Chicago did a deal with a private equity firm to buy 50% of his already finished home. I know it doesn't sound like anything new but he did it and made $5k in the process. He still owns 50% of the property that will make him another $10K Approx when it sales. He is now buying another property with his extra money!

Making money in this market is not hard, in fact a down market is easier than a hot market. I remember when I had to put in 100's of offers to get 2-3 properties. Now we can get them 1 out of 4 times, big difference. The properties today are very affordable our average investment to buy and rehab a property is around $40,000. Wow a great home in a quality area for that low price!

Making big money in real estate is knowing your market and what you can max your money with in that market. For example we do a lot land contracts that help bad credit clients buy homes. The investor becomes the bank, and makes a great monthly income on that home. The buyer can write off the interest of the loan and get a totally rehabbed home in the process. The land contracts require a larger down payment from the buyer and when they refinance the home the investor makes great money!

As you can see there are many ways to get the next big deal, but you have to know all the rules in this market to max your investment and get the best cash flow and spread available! Brett Young WWW.Rooftopinvestment.com