CHAPTER 1 INTRODUCTION
FREE NO DOWN AND CREATIVE FINANCING REAL ESTATE TECHNIQUES
Want to... Earn More Money From EVERYTHING? Including Home Loans? Grow Your Existing Business? or Start a New and Exciting Career? All at No Cost? Click Here to Learn How!
Learn how to buy houses, homes and commercial properties for absolutely Nothing Down and even get cash back at close of escrow! With absolutely no down payment.
Workable FREE creative financing and no money down real estate investment courses, books and techniques are unheard of, and the operative word is "workable". It's true that creative financing and no down courses and books are available everywhere-- But they are not cheap, they aren't FREE and they often neglect to provide the best stuff. The truly effective no down techniques usually are closely guarded secrets that are usually revealed only after paying hundreds or even thousands of dollars for seminars and multi day conferences. Even then, they usually consist of information that is often outdated or unusable in the real world. They often sound great but just don't work. I promise you, the financing techniques and information that follow are real, are truly FREE with no surprise paid for upgrades... and most importantly, they actually work. Everything has either been used successfully either for myself or by me for a client, or by one of my contemoraries.
Why am I giving away all of this information? For a number of reasons...
1. I'm a nice guy! Well maybe, that's not the only reason, but it really is part of it. :-)
2. Hopefully, if you need help financing a transaction (No Down or otherwise), you might use us for your home loan or one of ASN's hundreds of partners for other business or personal needs. We provide an array of legal and financial solutions unlike any company in existence.
Additionally anything you could possibly need or want is available through our network of merchants and professionals. If you need it, it's here and for less! Take a look around, every company you see wants to serve you... to earn your business and the business of your friends and family. See the links to which they will go! Click Here
3. If you get into an especially complicated transaction or have other needs, mortgage reduction, taxes, bankruptcy, etc... We have affordable solutions and hope you will give us the opportunity to show what we can do for you. We are committed to providing the best services at the lowest possible costs.
You see, I haven't really provided all of this with no hope of anything in return, but whether or not you EVER, use any of our partners or services... the information is Here-- it's yours. And it's free. One More Thing...
Don't make the age old mistake of thinking "you get what you pay for". I promise you, there is as much, and even more workable information on creative financing and no down techniques in these pages than many courses I've personally examined that others have sold for well over $500. There is a treasure trove of valuable information here. Use it and feel free to share it.
Good Luck
Bruce E Castro
You already know a bit about me. I'm Bruce E Castro, founder of the solutions network and I want you to know that what I'm about to tell you is in no way meant to bolster my ego, or even to enhance anyone's perception of me. It is for the sole purpose of letting you know that the information I am about to share with you is real life, workable, stuff. As you read these pages you may sometimes ask yourself "can you really do that!". If it's here... the answer is always yes!
People all over the country have used these techniques to start investment careers; or to get that sense of family security that can only come from owning your home rather than renting and dealing with ever increasing rents... then at the drop of a hat having to move and change your children's schools all because the owner decided to let uncle Bill move into "your" home.
Thousands are now home owners because after being told by "the professionals" that buying was impossible for them because of their job, their income, their credit, lack of cash, etc... they found and followed these principles.
The professionals were wrong... and they still are... Most have no clue these methods even exist...
Let alone how to put them in practice! What we teach will never be found in real estate schools.
Realize this-- These no down techniques DO work-- and can they be utilized by anyone! I've been in the real estate industry in one way or another since I was 18 years of age. By the time I was 23 I had purchased about 15 houses-- Over the course of my career, I couldn't even tell you how many homes I've purchased-- all with absolutely nothing down!
That means NOT ONE PENNEY COMING OUT OF MY POCKET! and in most cases, I actually had checks of anywhere from $2,000 to $5,000 or more paid to me at the close of escrow... And I still owned the property!
Sounds impossible doesn't it? Well, it's not.
It doesn't take money, it doesn't take a good job-- and it doesn't take good credit... It simply takes the consistent utilization of proper creative financing and no money down techniques...
Remember, success really isn't about what you know... it's about what you do!
As you can imagine, as young as I was when I started, I had no money or credit-- and no-- I didn't have an inheritance or rich co-signer. All I had was knowledge that I was lucky enough to acquire by being around the right people at the right time. How did I do it? How is it still done? How can you or anyone else do it? In these next pages you will find out.
These pages contain a wealth of information on a variety "investment" methods all compacted in but several pages, each geared towards making you money. Since I'm not selling this information, I don't have to impress anyone or work to justify a high price by writing a 200 page treatise. I'm giving you the straight facts as quickly and clearly as I possible. The faster you can get through it and understand it... the quicker you can start take advantage of what it can do for you.
I'm a firm believer in financial diversification. In other words, creating income from many directions. It is with that substantially, mind that The Solutions Network was created-- to help in the quest for financial independence. Obviously, each financing method will work equally well for a man or woman. But, since it is simpler to write "he" and "him" rather than he/she or him/her, that's what I have done.
READING IN SEQUENCE IS BEST
Keep in mind that reading the chapters out of order will diminish the value of the information. Much like looking at one corner of a Rembrandt painting can not give you a complete appreciation of the totality of the work. So it is with this course. No, I have no illusions of being a financial Rembrandt :-) but the analogy still; holds... The whole is greater than the sum of the parts.
Each chapter is a building block, each is partially supported by the information of the previous chapter. For example Chapter 5 may not make much sense without an understanding of the principles of chapter 4 and so on. By all means, peruse-- jump around. However, if you want the full advantage of what is contained, at some point, read it from beginning to end.
You will find many valuable techniques. Some will seem so simple that you will find it hard to believe that they work- but they do! Others, conversely, may seem too complex to actually be of little use, but for the right circumstances, they will be perfect.
THEY ALL WORK!
I want to repeat this... Every technique and method taught is both effective and workable. I have been heavily involved in the Real Estate industry since 1976 and every method I am about to show you, I have either used for myself, used it in structuring a transaction for a client or have seen it used by a contemporary. So, be assured, these techniques are working for others and they will work for you.
USE THIS INFORMATION WISELY AND ETHICALLY
Something else to keep in mind while studying this... Some of the ideas included here, quite frankly, are in gray areas of financial legislation and must be used ethically. In fact, as to a few, I have been advised to refrain from even disclosing them; however, I they are here nevertheless, for the following reasons:
1) Although, one of the financing methods, if used IMPROPERLY, can cause legal difficulties; however, if used for the right property, under the right circumstances, and with the right intent, it is the ideal "nothing down" method for both you and the seller.
2) For loan qualifying purposes, you will learn how others have created their own income history to show the income needed to qualify. Obviously, this is information that no lending institution wants you to have, but as head of The Solutions Network, my goal isn't to look out for the interests and desires of banks... they do alright on their own... my commitment is to give you and every ASN member or visitor, every tool and every bit of information possible to help achieve their goals.
Real estate financing is an art, and like any art form, you are limited only by your creativity. There are onlyh so many circumstances than make a down payment and get a loan work.
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It doesn't work if you have bad credit.
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It doesn't work if you have little income or no job at all.
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I doesn't work if you don't have little down payment.. or none at all...
Even if you fall into the each of the above categories, you can become a homeowner. There are more methods and techniques for buying than most people would probably ever imagine; and no matter what your financial situation is, there absolutely is a way for you to become a home owner or the owner of profitable rental properties and investments.
TWO GENERAL SECTIONS
I have broken up the real estate portion of the financial guide into two general sections.
The first section assumes that you have some assets to work with; not necessarily cash, but rather, maybe you already own a home with some equity in it, have a second car you don't need, or possibly in the past you sold a property and the buyer still owes you for part of the equity you had.
The second section assumes that you have nothing to work with except your desire to acquire real estate... No cash, No equities in properties, No notes due you, Maybe, even no job! No matter what your situation, these methods will work for you.
NOTE:
As mentioned above, in explaining these various real estate financing methods, I am condensing a tremendous amount of information into limited space. In doing so, I may, at times, inadvertently use a term or phrase that is unfamiliar to you. If this happens and I have not explained it fully somewhere in its section, don't hesitate to call a local real estate agent or escrow company. I assure you, they will be more than happy to explain it to you fully; the agent because he hopes to be able, at some point, to make a sale. The escrow company because they hope you will open the escrow with them. My goal in writing this is not to give you a complete detailed education in real estate law and phraseology but rather in foundational principles.
Laws and phrases vary from state to state, but principles are universal. My goal is to teach you the nuts and bolts concepts you need to evaluate a property, and to make the best decision as to which financing method to use.
On occasion, while giving actual examples of how a certain method was used, I may allude to a principle that although, not explained as a financing method, is nevertheless of such importance that I feel you should etch it firmly in your memory. Any information that fits into that category will be bolded. So, if something is printed in bold, please pay special attention.
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Chapter 2.
