A friend, author and colleague of mine Dan Auito,  just released a new Real Estate Investing Book called 

“Be A Real Estate Heavyweight.”

 

This is a real estate investing tool and resource. Learn how to invest in foreclosures and bank-owned REOs

There are many wanna be real estate investors out there and in today’s Real Estate Market it’s no wonder why everyone wants to get in on the foreclosure boom!  We may never see another market crash, especially here in Tampa Bay, in our lifetime. 

Why is Be A Real Estate Heavyweight the BEST Real Estate Investing Book?

This Real Estate Investment book boasts 95 authors that are sharing actual experience that is working in the field TODAY!   This is post bubble real estate investing, these are the NEW methods being used NOW.

Click Here for the table of contents!

A brief Example:

Author                                           Article

Jarom Adair ……………………The 7 Great Lies of Real Estate Investing

Peter Vekselman ……………Avoiding Real Estate Mistakes & Pitfalls 

Preston Ely …………………….. 7 Steps to Real Estate Riches 

Tyler Hicks ………………………How to Get Rich in Real Estate on Zero Cash 100% Financing

 This manual gives investors a more comprehensive approach to intelligence gathering. Capitalize on the collective significance of the available information aggregated from some of our brightest real estate investors in their fields today.

In this real estate investing book, he literally maps out
the only systems that are working in
today’s real estate economy.

…And what’s really cool is the way
he explains it and makes it all so EASY
to understand.

There’s 2 really good chapters
of what is working in real estate today
 download free
chapters.

Whether you are looking to purchase foreclosures, distressed homes, vacation property or a home for you and your family, this guide will give you the knowledge you need.

I’m sure you’ll like this and benefit
from the content …so check it out!

Think you can’t buy a home as an investment? Looking for a creative way to take advantage of the #2 in US foreclosure market? 

Use a Tampa Realtor with IRA investing experience.  I attended a 3 hour seminar the other day that wasvery informative.

Here are some different options you have to buy a home, land or to get a downpayment for a loan using tax deffers IRA’S AND 401K’s.

Your tax deferred and possibly tax free investing choices are:

1. land, (raw large parcels or single lots)
2. A  resale or builder inventory home (use as rental only)
3. Commercial property that you lease out.

Downfall:

The most important thing to remember is that you cannot live in the home. It has to be an investment, therefore a rental home, or vacant land are some of your options for purchasing.  You can’t even use a beach house for personal use. It has to be a rental property under the guidelines.

How do I use my 401K to buy real estate?

Move your 401K to a Self Directed IRA. Can only be done if you no longer work at previous job.

Need a downpayment of to get a Conventional or FHA loan?

You can borrow 50K or 50% whichever is less from your 401K

You can also use your business partner or spouse’s IRA for a downpayment or to pay cash for a property.  You have 50K, they have 150K, save closings costs from lenders which can be 3-6% of the total purchase price.

Right now in Pinellas, Hillsborough and Pasco Couties there are 7,309 properties that are 200K or under, 3 bedroom 2 bath. 

If you have been thinking of buying land or rental homes and commercial properties in the Tampa Bay Area please give us a call to discuss your options. 813 784 7744

Rae Catanese, Realtor  Emai: realtyrae@yahoo.com

All information is believed to be accurate. Always consult your financial advisior and CPA before making any changes to your assets!