Bill Cook on ADVANCED Creative Structuring Techniques
A mistake many real estate investors make, and it’s a mistake that causes lots of good deals do go belly up, is thinking one must have ALLthe cash in hand BEFORE making a purchase offer.
As our good friend Pete Fortunato teaches: There are a thousand ways to buy a property. One of them is by making an all-cash offer. But what about the other 999 ways to creatively fund a deal?
If you want to see how experienced investors creatively fund their deals WITHOUT making all-cash offers, then this is your gotta-be-there real estate investors meeting!
During the meeting, Bill Cook, an investor with 36 years of creative deal making experience, will show you what’s behind the ADVANCED creative funding curtain.
Here a some of the things we’ll discuss:
-Where to learn about creative financing
-How to find sellers who will agree to creatively funded offers
-You’ll see the most important deal structuring tool Bill uses (HINT: T-bar Offer)
-Bill will share the most important real estate investing lesson he’s ever learned.
Here are the real-world creatively funded deals you’ll see:
?West Beach Street: Seller agreed to give owner financing.Terms:Bill and Kim bought a $230,000 house for $150,000 and got a $150,000 zero-interest unsecured owner-carry loan from seller.
?Vaughn Road: Owner agreed to give secured Pure Option, which led to Subject-to Deal. Terms:Bill and Kim acquired $300,000 house for $71,000, subject to a $71,000 30-yearmortgage at 3.1% fixed interest with25 years left to pay.
?Poplar Springs: Seller agreed to give owner financing. In addition, a money/knowledge partner was brought into the deal.Terms:Bill and Kim bought a $20,000 mobile home in a park for $11,400 and got owner financing at zero-percent interest with monthly payments of $100. A Second-Bite-Of-The-Apple Deal was also used.
?Highland Greens Drive: Seller agreed to give secured Pure Option,which led to a Subject-to Deal.Terms: Bill and Kim acquired a $540,000 house for $580,000 (Want to find out why they paid more than the house was worth?), subject to a $285,000 30-year institutional mortgage at 3.1% fixed interest with 26 years left to pay.
Bill will not waist a single minute of your valuable time. You’ll leave with a clearer understanding of how creative funding works. He looks forward to answering your "how do you do that" questions!
To learn more about Bill and Kim Cook, go to:
Website: BillandKimCook.com
Facebook: Bill and Kim Cook
YouTube Channel: Bill and Kim Cook
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REIA Leader,Whenteachingat your mainmonthlyREIA meeting, find below the topicsBill Cook willcoverand the questionshe’llanswer.Please use any or all of this information to advertiseyourREIAmeeting.Bill Cook’sREIAmeetingtopic:ADVANCEDCreative Structuring TechniquesA mistake many real estate investors make, and it’s a mistake that causes lots of good deals togo belly up, is thinking one must haveALLthe cash in handBEFOREmaking a purchase offer.As our good friend Pete Fortunato teaches: There are a thousand ways to buy a property. Oneof them is by making an all-cash offer. But what about the other 999 ways to creatively fund adeal?If you want to see how experiencedinvestorscreatively fund their dealsWITHOUTmaking all-cash offers, then this is yourgotta-be-therereal estate investors meeting!During the meeting, Bill Cook, an investor with 36 years of creative deal making experience,willshow you what’s behind theADVANCEDcreative funding curtain.Here a some of the things we’ll discuss:?Where to learn about creative financing?How to find sellers who will agree to creatively fundedoffers?You’ll see the most important deal structuring tool Bill uses (HINT: T-bar Offer)?Bill willshare the most important real estate investing lesson he’s ever learnedHere are the real-world creatively funded deals you’ll see:?West Beach Street:Seller agreed to give owner financing.Terms:Bill and Kim bought a $230,000 house for $150,000 andgot a $150,000zero-interest unsecuredowner-carry loan from seller.?Vaughn Road:Owner agreed to give secured Pure Option, which led to Subject-to Deal.
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