Using Creative Financing Techniques For Your Deal
PRESENTER: Rick Stein
In this seminar Rick will discuss, among other topics, the following:
- Seller Financing: a beautiful thing
- Your Money or OPM: private money, hard money, self-directed IRAs
- Nothing down deals (Really !)
- Movable Notes
Using these option and more for buying property without using any of your own money.
Whether you're wholesaling, doing flips, or buying and holding, these options will help you get your deals done.
Other items covered will be:
- The Process
- Shopping Terms
- Finding the Property, Making the offer, Going to contract
- Determining Your Profit: What are the Costs?, What is it Worth?
- Rental Properties: It’s not the price, it is the terms!!:
- Determining cash flow, What’s an NOI?, Capitalization Rate, Finding your buyer or tenant
Bio: Rick has been a real estate professional for 31 years and is currently the Sales Manager of Berkshire Hathaway Home Services Fox and Roach Realtors in Princeton Junction, NJ. He has been an REO agent for long standing part of that professionalism, representing countless institutions in disposing of the foreclosed assets. Rick is also a full time, active investor and loves creative financing, his favorite motto being "Real Estate in the clothing that financing wears".
SJREIA members attend FREE; Visitors pay $15
Please RSVP if you plan to attend so Restaurant can provide sufficient wait staff for our meeting (plus we can reach you if any last minute changes/updates)
Location: On the Border Mexican Grill & Cantina - 51 Us Highway 1, New Brunswick, NJ 08901
Schedule: Networking 6:30 - 7:00 PM
Vendor Introductions 7:00 -7:15 PM
Announcements 7:15 - 7:30
Meeting 7:30 - 9:00 PM
Networking 9:00 PM
The main focus is to provide education on various topics of Real Estate Investing. Networking opportunities will be available before and after meetings.
THIS GROUP MEETS THE LAST WEDNESDAY EACH MONTH.
Subgroup Leader: Scott Forgue