||Last Updated: May 14th, 2012 - 22:24:01
Our Government’s asset management teams design hundreds of diverse programs to allocate billions to us in the form of low interest home loans, subsidies and grants. The funds are designated by politicians, hired to keep their jobs by funneling the Government cash into the neighborhoods they serve. Your job is to step up and reclaim your money.
Reclaim your real estate investment monies, because it’s your money anyway. The Government seizes the money in taxes, and then offers it back. But here’s the catch. The Government only awards the money to people who learn, just how to get it. First, you must know how to ask for it! If you can read the instructions on an application, the odds are that you will get a real estate franchise grant.
You have to observe the big picture. To us dealers of investment properties, Uncle Sam is a gigantic financial engine. If you’re a beginner at buying investment real estate, Uncle Sam can help you get your low rate mortgage loan to buy your first house or apartment building. Programs for first time homebuyer were created for you just in case you are having trouble coming up with enough money for a down payment. You can buy with just 3% down, (FHA) or 0% down with other programs. Then Sam makes the IRS furnish us loads of tax breaks just because we now own investment property.
Become a real estate franchise as a small building developer and help those having trouble paying use the Section 8 Subsidy Program. The American Government encourages us to use these programs. When you learn how to use these programs, the monetary rewards can be sizeable.
Use the government’s assistance money. The Rehab Rehabilitation Loan Program is the one that harbors the utmost potential out of all other financial aid available to us. They give cash for remodeling a home.
With this home improvement financing, you purchase, say a four unit building that your neighbors had given up on. The units may be one bedroom, one bathroom each, and inhabited by four elderly ladies who have been residing there for 21 to 24 years. The building may need basement remodeling or bathroom home improvement.
The problem, people say, is that the total income of the building is only $400 per month. for the entire building! Can you really make this investment property a money winner?
Yes! You don’t need mortgage calculators to do the math. I did it for you. There is a Government program that will loan you money for rental home remodeling.
So, you get $5000 to fix up these elderly ladies’ quadruplex. They pay less in rent with the program and you get your cash directly from the government for the newly renovated units. Great, the government pays off your home improvement contracts and as they pay the ladies subsidized rent, uncle Sam pays your investment loans.
You give these elderly women home improvement, knowing that Uncle Sam will now pay $650 each for rent for these units, which they could not afford, before I renovated.
The commercial real estate brokerages never told them that these Government programs existed. They won. The Government programs won. And, I won by increasing my buildings’ profits from the meager $400 per month income, to what now paid me an honest $2600 per month, thanks to knowing who to ask for free money.
Do I Need To Have Good Credit? That depends on which home loan programs that you apply for. There are programs that accept people that have no credit or poor credit.
There are even mortgage investment programs that accept 0% down.
Surf the net. Could you spend a few hours? It takes less than a half a day to locate the needed web sites that will empower you to use Government money to buy yourself an investment property, which could transform you into a millionaire who enjoys life.
Begin with web sites like: http://buyincomeproperties.com/TheCompletePackage.htm, or http://www.hud.gov/offices/cpd/affordablehousing/programs/home/index.cfm. Reclaim your real estate investment monies, because it’s your money anyway.
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