Real Estate turnover
Financial Investment Intelligence of a
5 year turnover plan to make half a million…
First, find a promising non-qualifying loan home, (with about 15,000)
purchase it from the seller and resident which faltered and put the house up for rent to new tenant.
After all expenses are paid monthly, including the mortgage, put profit price point (i.e.$125) in an accruing interest account each month.
about 2 years go by… and more of the mortgage will be paid off and then more of the monthly income can be invested … ( possibly be clearing as much as $800 a month )
You could also opt to sell the house if it had appreciated in value.
Sell the house on a 1031 tax-deferred exchange
then you’ll have that money to operate with to invest into another facility or corporation .
3 years later sell this business ( which you never operate yourself )
roll some of the proceeds into another project again to yield a larger monthly income. but you may have as much as $330,000 to work with .
see what the 15,000 could generate!
That’s what I’d do if I had $15,000 laying around.
Digg it | Save to del.icio.us | Netscape | Reddit | Stumble It!
- - - - - S P O N S O R I N G A D V E R T I S M E N T - - - - -