Wendy Patton discusses two popular ways to purchase real estate with little or no money down!
Category Archives: Money Matters
Commercial Loans 101
Lenders want to minimize risk when they make a loan. Here are two primary ways a lender manages their risk exposure when financing commercial real estate.
Points to Consider for the Rental Agreement, Part 1
Wendy Patton walks you through the important points of a rental agreement.
Helpful Negotiating Tips
Everyone likes to negotiate! Here are some tips to keep you sharp.
Financing Your Apartment Project
Thinking about investing in apartments? This information is crucial!
How to Control the Emotions of Home Buying
Buying a home is almost always an emotion-based process. Once you find a home you like, you become emotionally attached to it. Emotional attachment can cause you to make unwise decisions when making an offer, handling negotiations, and so forth. Once you’ve fallen in love with a house and visualized it being your home, you’ll [...]
The Top 3 Ways to Determine a Home’s Value
In most states there are values determined by the tax assessor’s office. It might be called your tax value, assessed value or something similar. That number might not be 100% of the property value. Usually there is some type of formula that each city or state uses.
The Top 3 Ways to Find Lease Option Tenants and Buyers
As you know, I’ve been doing Lease Options for many years now. I’ve seen down markets, up markets and everything in between. Having survived all kinds of markets I can tell you I LOVE doing Lease Options in down markets. Why is that? Because there are SO MANY deals just waiting for me. In a [...]
The Top 3 Terms Sellers MUST Know to Negotiate a Lease Option
Typically buyers won’t try to negotiate price. They often accept your asking price (which includes a rent-to-own premium) because of the flexibility they receive by doing rent-to-own. However, should a buyer try to negotiate on price (and they will if they read my book, Rent-to-Buy) there are a couple of ways to counter them.
• You want to emphasize [...]