Hi! It’s Lou Brown. With another of my 101 ways for real estate investors like you to win, close more deals and accelerate your cash flow. Today’s tip is number 6. “Market to newer neighborhoods where the owners have little or negative equity.”
If you think about it, newer neighborhoods, they paid retail for those homes and in many cases, the builders are still building there and competing now against someone who may want to actually get rid of their property. So that can be a real opportunity for you to step in and take over the existing financing on the property. One of my favorite ways. I bought my very first house when I was 18 years old by taking over the existing financing on the property. One of the most powerful things I’ve ever learned in real estate in my entire 40+ year career in doing real estate. It’s been fantastic and I will tell you that when you don’t have to go to the bank, you don’t have to qualify for loans. You don’t have to resource. It’s a phenomenal way to buy real estate.
I hope you’ve enjoyed, and will use this. I hope you, I know that you’ll make additional profits because of it and it’ll make a difference for you. I’d love to share more of my profitable free tips with you. How can you get more? Well, depending on where you’re seeing this. Please like it. Love it. Comment on it. Subscribe. And share this with your network. Thank you for watching. And I hope to see you soon. Yeah, baby!
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