Equitable Interest

It's time for Part III of the 'mini-course' on apartment
investing... the "SMART Guide to Apartment Investing"
- how to generate massive profits buying apartment
complexes with none of your own money.

Last installment we talked about analyzing an apartment
building for profit. I hope you have been thinking about
all the analysis tools we discussed so you can see the
profit in a deal when it is presented to you.

And now let's keep going...

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Secret # 3:
How To Fund Your Apartment Purchases Using None
Of Your Own Money.
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Buying The Property.
Now that you know how to analyze apartment deals it
won't be long before you have a property that fits
your goals and has all the potential value plays
ready for you to capitalize on.

Now it's time to buy the property. How do you go
about it?

Terry Vaughan's 60-Second Real Estate Course
Most of us know about creative financing but let's
reduce financing to it's essence. Once again we will
draw from the wisdom of Terry Vaughan, this time using
his famous 60-Second Real Estate Course.

In any real estate transaction, whether it's a single
family home or a 200 unit apartment building, all
that ever happens is the buyer and seller find a way
to give the seller his/her equitable interest, so they
can both win and go away happy.

(Note: Equitable interest = Fair market value minus
total loans/debt on the property.)

There are only four ways to do this. I know, you hear
all the gurus railing on about all kinds of creative
techniques, but strip away the fancy packaging, and
there are still only four.

They are:
1) Pieces
2) Lump Sum
3) Different Form
4) Combination - Pieces, Lump Sum and Differennt Form