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"I got so mad I wanted to spit when I heard him say, '…Only Losers Pay Rent'”

Dear Friend-

Those are the words of a young lady named Jill I met several years ago. She was doing some banking one day and overheard a real estate agent happily greeting his clients who had just been approved for a mortgage. They were ecstatic. Jill was sick to her stomach.

From that day forward she and her husband vowed that they too would participate in the American Dream and buy their first home – if it was the last thing they did. 

For more than a decade Americans have seen very low mortgage interest rates. It has probably never been easier to get a mortgage than it is right now. Still, according to the US Census Bureau, more than 60 percent of Americans 39 and under are paying rent!

I realize that some of these folks actually have a good reason for renting. But the majority of these people would certainly be happier building equity in a home of their own. So why don’t they? It’s simple. They don’t believe they can do it. They think the process is too difficult or that they need to save up a large down payment or that they can’t get a loan. Many are bewildered and simply don’t know what to do first.

I’m here to tell you that the home buying process is simple. Not only is it simple, but by learning a few elementary techniques, you can buy a home or a piece of investment property at a huge discount – putting thousands of dollars of cash or equity into your pocket immediately.

Anyone who wants to can buy property for huge discounts. That may sound like a bold claim so let me clarify it. When I explain how simple it is to purchase real estate at a deep discount, and in many cases using absolutely none of your own money, people often ask me this: If that’s true, why don’t more people do it?

The answer to that is simple and comes in two parts. First, they don’t believe it, and second, even if they believe it’s possible, they don’t know how to go about it. In fact, if you were to present my simple plan to the majority of people who assist others buying and selling real estate full time, they’d tell you that it can’t be done. Trust me on this, I hear it all the time. I simply shake my head from side to side, thank them for their time, and go do it anyway.

Simple System
There are a few ducks you’ll need to get in line before you can start using the system. The first one is: You’ll need to learn how to recognize value in your market. What does that mean? It’s simple. You need to be able to recognize all of the homes priced at retail when you come upon them. 

Why? So when you find one that is priced under market (there are plenty when you know what to look for), you’ll know you need to act quickly. To put it another way, You’ll never recognize a bargain without first being able to identify retail.

Is that all there is to it? Of course not. There are other skills and techniques necessary. But without this foundational concept, there’s little chance of your getting any kind of a good deal out there. 

Once you’ve located a bargain you need to decide what you’re going to do with it. Is it a home you’d like to live in? For many the answer is yes. That’s great. Now, how will you fund the purchase? Plenty of folks have the means to walk into the bank and get easy financing. Others need to seek alternative solutions. 

Maybe you’re dead broke and would rather turn the property over for a quick profit. That’s fine. How do you get the capital to make the deal work? That’s simple. I’m going to let you in on a little secret right here and now. There’s all kinds of money out there for the right deal. What’s the right deal? continued...

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