Real Estate Market

OPPORTUNITY KNOCKS … and You’re Not Answering

By Mitch Stephen / November 15, 2018 / Comments Off on OPPORTUNITY KNOCKS … and You’re Not Answering

I don’t see money loosening up from the banks and mortgage companies. This is a boom time for private real estate investors who can buy with cash or private money and then sell with a wrap-around mortgage using seller financing (owner financing). There has never been a time so ripe for savvy investors; – With low…

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Why I Borrow at the Terms I Do

By Mitch Stephen / March 11, 2018 / Comments Off on Why I Borrow at the Terms I Do

I almost always borrow money from private lenders to buy my houses. I borrow at the following terms; $0 Down payment 8% Interest Interest Only 5 yr Term Non-Recourse Early on it’s important to borrow “Non-Recourse”, meaning “collateral only” (no personal guarantee). It’s also important to borrow with permission from your private lender to “Wrap”…

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Learn to Buy Mobile Homes as a Notebuyer

By Mitch Stephen / December 27, 2016 / Comments Off on Learn to Buy Mobile Homes as a Notebuyer

Learn to Buy Mobile Homes as a Notebuyer Mobile homes are considered “Personal Property. Land/ Home deals start out as: • Land: with an assessed tax value and a property tax assessment and statement from the county Tax Assessor Collector’s office. • Mobile Home: classified as “Personal Property” with its own “Personal Property” tax assessment…

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Success Story: MOBILE HOMES WORK GREAT!

By Mitch Stephen / December 9, 2016 / Comments Off on Success Story: MOBILE HOMES WORK GREAT!

I have purchased literally hundreds of Land/Home deals (Mobile with land under them). The horrible thing about mobile homes is that nobody…and I mean NO BOOOODY…will finance them. The great thing about mobiles is….NOBODY will finance them…except YOU! I bought this Mobile Home on a 1/2 for $28, 000 I borrowed $30, 000 (and put…

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Real Estate Group Coaching Calls

By Mitch Stephen / November 23, 2015 / Comments Off on Real Estate Group Coaching Calls

Are Real Estate GROUP COACHING Calls Worth $3,500 ???? This is a typical Tuesday evening GROUP COACHING call. Not one person left early…2 hours and 15 minutes! One could argue that this one call was worth $3,500! If you’re interested in being part of this weekly GROUP COACHING + Access to over 200 HOURS of…

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