Achieve 100% Financing By Following This Proven Step By Step System

Real estate knowledge and experience to most philosophers is probably limited to home ownership or renting an apartment. Do you remember when real estate financing meant you saved up enough to put 20% down on a house, and then you got a mortgage loan for the other 80%? That’s not the case anymore. Real estate can actually be purchased without any money out of your pocket -the “100% Financing Report”, by Durante’ Parks, shows you how. Real Estate investing can be an emotional process and one needs a level head when making a large monetary decision. Real estate investment can provide you income for the rest of your life, but Commercial Real Estate can provide you a much higher level of income because the scale is so much larger. If you are hoping to purchase commercial real estate property, then you are most likely going to need financing in order to do this. Financing commercial real estate is actually much easier than most new investors think, especially those who are accustomed to financing single family homes, condominiums, or other types of personal use residential property investments. The truth is that commercial real estate does not necessarily require more money than residential real estate and in some cases, less.

Commercial real estate financing loans are underwritten by lenders on a case by case basis and can be provided for the long and short term. Commercial real estate lenders understand the diverse needs of business professionals and the variety of reasons for needing financing, including: Loans to purchase commercial real estate; Loans that are collateralized with commercial real estate; Loans to Expand or improve your existing business; Loans to refinance existing debt; Loans to take advantage of an opportunity that wouldn’t fit traditional criteria. The diversity in the commercial real estate arena means that lenders typically have more flexibility when lending in this arena than in the residential market. In other words, they are more open to negotiation.

Commercial real estate loans are available on all types of income producing and commercial properties. Lenders typically qualify the PROPERTY first, then the borrower using the following metric: Income and Expense (Net Operating Income,{NOI}) of the building.

Investing in commercial real estate can be approached from a number of different ways as in the residential market; one can choose to buy and hold, flip, rehab, etc. The 100% Financing Report is useful no matter which angle you approach the investing game from.

Buying and selling real estate is a major financial transaction and should be treated as such. Great care must be taken when executing transactions of the magnitude that exists in commercial real estate. The author of the report, Durante’ Parks, speaks from experience in owning apartments, single-family homes, mobile homes, land development, buying discount mortgages, and making mortgage loans. He lays out step by step instructions on how to approach the bank and what to say to achieve the goal of obtaining 100% financing for all of your deals.

Before embarking on investing in the commercial real estate market, I strongly recommend that you take a look at this report and read it thoroughly. It is important that you fully grasp the powerful principles laid out in the report so that you can competently and efficiently navigate the complex world of commercial real estate financing.

Money for a Car: A Guide to Auto Financing

Nobody wants to be the dumb buyer in a car buying deal. You have to be smart or you end up losing more money than you ought to. It is a very common scheme among car buyers to first get money in order to buy a new car.

The term is called “auto financing” and it simply means how you pay for a vehicle. You can finance a car by taking out an auto loan to own a car, in which case, you have two options: You either use the money from the loan to buy the car, or use it for lease.

If this isn’t your first time buying a car, you might already know that the salesman or your car dealer will be checking your credit report before starting with the negotiations. But this is not the only way you can go to get that new car of yours. The seller will try to sweeten the deal and offer you special car finance situations in exchange for throwing yourself totally at his mercy. That is not a path you have to choose.

The key is preparation. Knowing what auto financing options you have before you get to the dealership will mean that you can take charge of your credit and take charge of your car loan.

Just remember, when you negotiate with the salesman for the most favorable auto loan, nothing is permanent until you have it in writing. So haggle and then haggle some more. Once negotiations seem to be over, that’s when the sales contract is prepared.

Inflated Interest Rates

To have the deal agreed upon by you and the salesman be put in writing in a binding contract is top on the list of the things you must do involving auto financing. Often involved at this part of the procedure is to determine monthly auto loan payments based on an interest rate. Now, as you well know, the interest rate varies from car buyer to car buyer. Your credit is only one of the factors and if the interest rate a car buyer qualifies for is inflated, then the dealership can make extra profit off your loan. That’s just one of the pitfalls in auto financing.

Independent Auto Financing

When you have the approved auto financing option on hand, you can then proceed with the deal as a “cash buyer” so to speak as you already have the cash in hand from the loan and you are just buying the car from the dealer with that money. Car salesmen prefer customers to be “monthly payment” buyers as this makes it easier for them to obscure the total cost of the vehicle, to the detriment of your savings. So wizen up and take that independent auto financing option available.

Set a Price Range

Having a budget is the sensible thing to do. If you set a sensible price range for yourself, then you have less reason to go beyond that range and succumb to the temptation of overspending. If you’re really firm on that budget, no amount of sales talk can sway you. One good tip is to ensure that your monthly car payments and related expenses do not exceed about 20% of your monthly net income.

Discounted Financing vs. Rebate

Here’s the dilemma to car buying: Many dealers offer an option between discounted financing or a rebate, but not both. Discounted financing means that you get zero-percent financing while rebate means that you get a certain amount of cash some time after purchase. The common error many car buyers make is that the zero-percent loan will deliver the most savings. But will it really?

Get the Cash Rebate

In most cases, it’s better to get the cash rebate and apply it against the purchase price of the vehicle. If you already have a pre-approved car loan, then that’s even better because you have positively no need of extra financing from your dealer. Just use your car loan to finance the car and let the rebate handle some of the charges.

You will have to choose how long you want your lease to be and how much you’re willing to pay upfront. The obvious choice, of course, would be to pay as little as possible, but be sure to weigh other options as well. After that, the car is yours for the period stipulated in the lease contract.

There are several other different plans those car buyers like you can adopt in order to make the most out of your money and reduce costs at the dealership. Understanding the credit process is just one way of being a smart buyer.