I don't know about you but I've hit the ground running this year!

And one of the things I'm doing is working with the 100% LTV Bond Funding Program.  Since this is one of the ways I'm still acquiring property, I wanted to explain a little more about the program since many of you want to know how this works for your own deals.

To get this program to work for you, the purchase price of your property must be at $1 million or above.  It cannot be less than $1 million.  (And there is no limit or cap.)

Next, you'll have to have a property that can support a 100% LTV mortgage at about an 8% fixed interest rate (30-year amortized).  In areas of the country that have low CAP rates like Seattle or Los Angeles or New York...you're not going to be able to make a 100% LTV property cash flow unless you're knocking 50% off the asking price.  And no seller will accept that offer from you.  Instead, you'll have to focus in on areas of the country that can support 100% LTV deals after, of course, you shave off 10% to 15% off the asking price of any property you're looking at (which you should always do when buying a property anyway).

Where are these areas of the country?

Smaller "big" cities like Cleveland, Detroit, Indianapolis, Jacksonville, Atlanta, and Memphis to name a few make excellent areas to work with.  Any area that doesn't have low CAP rates (as an average) that consistently fall below 8% across the board.

Remember, your 100% LTV has to be supported by the cash flow of the property. Deciding to invest in low CAP rate cities will guarantee that you'll end up with a negative cash flow property and your bond funders won't fund a negative cash flow deal.

Next, I have students asking me why the funders want to see that you have 1% to 2% of the purchase price of the property when it's a 100% LTV bond funded loan.  The funders need to see that you are somewhat financially sound to the point where, when walking into the property after closing, you can pay for any upgrades, repairs, or get any units (needing new paint and carpet) rent-ready for new tenants.  There's nothing worse than funding a property to find out that the lender has funded someone who doesn't have 2 nickels to rub together and can't do basic things for a property if needed.

Also, my students want to know about credit criteria.  These funders will allow for people to have some credit issues/problems.  I do recommend that if you don't have good personal credit and you don't have built business credit, start getting it together, bub.  This upcoming year isn't one to be messing around and dragging ass otherwise you'll lose out on every last opportunity out there!

How do you access this program and other cash resources for your deals PLUS an investor partner who wants to work with you?

CLICK HERE and I'll show you how!

This deal ENDS SOON so get it now before it's too late!

If you have any questions, you can call my office on Monday after 9am PST at (661) 295-5050.

See you at the top!

Your mentor,

Monica Main

Over the years people have asked me to summarize how to become a successful real estate investor and are usually sorely disappointed to find out that I cannot stuff all of these "secret strategies" inside one short paragraph, or on the back of a Chinese fortune fresh out of a fortune cookie, right above the lucky numbers.

But I can give you some overall strategies that will clearly pinpoint how to become a successful cash flowing real estate entrepreneur.  Five to be exact.

Here they are...

#1.  Decide on some type of Passive Income Asset that can keep giving you a positive cash flow month after month, year after year.  This means narrowing down your type of what we call an "asset class" down to something that can give you this type of income.  This also means avoiding those other pesky types of real estate investing opportunities that I put into the Aggressive Income category such as flipping property because this robs you of (a) long-term cash flow, and (b) valuable tax write-off benefits.  I recommend investors new to the Passive Income game to think about and seriously consider residential-commercial acquisitions, namely apartment building investing or mobile home park (MHP) investing since this type of investing can give substantial monthly cash flows while helping you weather through recessions unlike other types of Passive Income Assets such as office space or industrial/warehouse properties.  (And if you're not sure about which type of asset class could be profitable for you, CLICK HERE for a rock solid suggestion.)

#2.  Find your ideal "farming area" or area in which you will be building your real estate "empire."  This will be ONE area only and CAN be 1,000+ miles away from where you live.  (I'll explain in a minute why you don't have to be anywhere near your assets.)  Most newbie real estate investors start local to where they live.  This is natural because they want to see the properties and have more of a hands-on approach to their property management.  Plus, since most newbie investors get involved in flipping, they kind of need to be local to the property if they're going to do minor or extensive rehabbing on the property.  Since you're getting involved in Passive Income Assets, you don't need to be in the same city in which you will invest.  This gives you the freedom to literally go anywhere in the country to invest.  I originally discovered this freedom back in 2001 when I realized that investing in my tri-county area (Los Angeles, San Bernardino and Riverside Counties) were just not that profitable.  And forget about venturing down to Orange County or up to Ventura County where properties were ultra-expensive, giving no cash flow even if I were to give up 50% cash down to secure the deal.  This is when I started investing on the gulf side of Florida then expanding upwards through the middle portion of the state...until I ended up in Georgia where some of my most profitable deals have come to fruition.  You have to go where the cash flow is.  Plain and simple.  It's smart and definitely a manageable strategy IF you know how to pull it off.

#3.  Getting the money and financing for your deals is quite possibly the most challenging aspect of real estate investing, especially for new investors who don't have any contacts or access to private investors.  This is the secret to breaking into the business: getting the financing, getting the credit, getting the loans, and getting these fiscal resources together.  Many people don't realize that they have access to more resources and contacts than they know.  Others just need some doors opened up for them to get them started.  The ideal way to acquire a cash flowing property deal is to have the 20% cash down and to have decent credit (720+ FICO) to be able to get approval for the mortgage financing.  This is why I have extensively taught my Aggressive Income Strategies throughout this entire year (to this point) because it has allowed my students to raise this cash to get involved in these deals.  But even I don't like using my own money for deals if I can help it.  And that's when the benefits of understanding the art of raising capital becomes extremely valuable.  For my students who think raising capital is hard, think again.  It's much easier than you think once you understand the simple steps behind it that are required.  Or, you can use investor partners.  (CLICK HERE for an opportunity to do that.)

#4.  Create or find a good management company to manage your out-of-state assets.  This is HOW you're able to invest anywhere.  You have somebody else doing it for you whether it's your own management company that you created or a management service.  Many of my newbie students freak out when I tell them to buy property out of state.  They're first questions are about looking at the properties and managing them.  Okay, so you will have to get on a plane here and there to look at and acquire your properties.  (Most escrow and closings can be done via FedEx.)  You'll want to look at, say, 12 to 15 properties at a time when you fly out until you quickly realize that, since this game is all about the cash flow, looking at properties becomes a complete waste of time.  (You have contractors and property inspectors who are professionals in their field look at these properties since, chances are, you are not an expert in state building codes in the state you will be acquiring properties nor are you an expert on determining if there is structural viability to the properties you are viewing...nor are you an expert in the neighborhoods in which the properties are located.  It takes a few trips to your farming area to realize that you really do have to rely on EXPERTS to do this work for you and that you looking at properties yourself really does nothing valuable in the process at all.)

#5.  Understand the reality on what it takes to get rich in cash flowing investments.  BUY AND HOLD FOREVER.  Yes, that's right.  Buy the property and hang onto it until you're 6 fee under and it doesn't matter to you anymore.  You only need a handful of small apartment buildings to get rich.  Between 5 and 10 properties is all you need to be set for life.  Rents typically will DOUBLE in most areas of the country every 15 to 18 years.  And by flowing more of your profits back into each property by paying down the principle of each mortgage, you'll be able to pay each property off within 10 years.  Imagine your cash flow in 15 years with doubled rents and no mortgage!  Exactly.  THIS is why you never let those properties go.  Not ever!

I have the perfect opportunity for you to strike it rich in real estate including access to my investor partner.

CLICK HERE to find out what I'm talking about!

Time to start investing now!  After all, if you don't start now then when will you...?

CLICK HERE NOW!

See you at the top!

Your mentor,

Monica Main

P.S.  I'm doing a VERY RARE TRAINING on the ONE THING all real estate investors MUST HAVE to be super successful in real estate in 2020.  This training will be on Thursday afternoon.  CLICK HERE to register for the free training now.
 

I have a long-time student and friend of mine.  Many of you have met him at various events of mine over the years.

His name is Aran Dunlop.  And he's my star MHP student.

Aran came to the USA from Australia.  Most people don't realize the struggles that most immigrants have to overcome to succeed here in America.  It's not as easy as you think.  Even if you have the right Visa when you get here, there are other seemingly insurmountable odds to deal with that many of us Americans take for granted such as having a Social Security number (which is a BIG DEAL when it comes to trying to start any kind of business or investment venture) or having the legal ability to stay indefinitely (without the probability of being booted out of the country due to current tight Visa restrictions).

Yet Aran overcame ALL of these obstacles and has become a millionaire in a specific kind of highly profitable real estate investing.

This means that ANYBODY can do exactly what he did by following the sames strategies and blueprint for success.

So, what did Aran do to become successful?

CLICK HERE to find out how!

One of his biggest hinges for success (because small hinges open big doors) was his access to OPM or Other People's Money.  This was the KEY to his huge successes with buying property over the years.

CLICK HERE to find out how you can access these same kinds of resources and investor partners for your deals.

Listen, to be successful in real estate comes down to ONE THING and that is ACCESS to MONEY and PARTNERS for your deals.

CLICK HERE to access these resources and partnership opportunities now!

We're starting a New Year.  If you've always wanted to do well as a real estate investor, you MUST have access to money for your deals and to partnership opportunities.

And I have that access for you.

CLICK HERE NOW!

See you at the top!

Your mentor,

Monica Main

P.S.  I'm doing a live real state training on Thursday, January 23rd.  CLICK HERE to register for this VERY RARE live training on making huge amounts of money in real estate with my ONE LITTLE SECRET!  CLICK HERE to register now!