After paying off the original $900,000 mortgage, you would still have $1.8 million left over of surplus new cash in your hands.' At the 90 percent loan-value ratio, you would get $2.7 million in your hands. You get a new appraisal (this time for $3 million) and go back to the bank and ask for a new mortgage. Pg 14 - 'The answer is to simply refinance. Pg 11 - 'Why would anyone be willing to pay $80,000 for a painted house, but not $60,000 for one in dire need of a $400 paint job? The answer lies in the way we have been conditioned to expect instant results.' Do not believe it, and you can join the masses who can say with complete honesty and accuracy that 'that sort of thing never happens to me!'' Pg 10 - 'Each reason why people sell a property at well below its market value is unique, but they are there nonetheless. This is often the case with foreclosure situations, where the bank is mainly interested in getting its mortgage back, but also occurs when people are asked to look after someone else's affairs.' Pg 10 - 'Very commonly a property may be sold by people who have no vested interest in getting the true market value for it. Pg 5 - What other investment strategy can you so readily get other people to finance your investments, where they are willing to let you use their money to invest it? It is possible to buy properties where the returns are 20 or 30 or 50 or 100 percent more per annum. It is possible to buy properties using mostly of entirely other people's money. Pg 3 - Contrary to expectations: 'it is possible to find a bargain property, or even many of them in a row. And second, I want to give you an insider's view of my approach, my attitudes, my techniques, and my secrets.' Instead: 'First, I want to share why I think property is so astoundingly simple and lucrative. Pg xix - Aim of book: Does not aim to provide mechanics of investing. Pg xvii - Things the rich have in common: 'First, almost without exception, the rich had integrity. Pg xv - The author has never had a job. You will be amazed at what you will find.' (152) If you are just beginning and not yet a believer, then the only way out of this impasse is to start looking, and keep looking. 'Of course, the more good deals you see, the more you will believe they exist. The Deal of the Decade comes along about once a week. You will be amazed at what you will find.' (152) Highlights: - Pg xv - The author has never had a job. Inside, you'll find step-by-step guidance on: Finding the perfect market to invest in Designing your strategy and getting started Making your first deal Finding the help you need to succeed Changing strategies midstream Networking to find new leads and opportunities And much more Combining unbeatable investing guidance with firsthand accounts of real deals, The Insider's Guide to 52 Homes in 52 Weeks arms investors with a diverse mix of strategies and tactics that will turn every real estate deal into a moneymaker.Main Thing I Want to Remember: The Deal of the Decade comes along about once a week. Not only did they succeed, they did it in less than ten months and earned a lot of money in the process! Tracing this ten-month real estate adventure in depth and detail, The Insider's Guide to 52 Homes in 52 Weeks explains the authors' strategies and techniques for acquiring almost any property in any market. So they set out to buy fifty-two homes in just one year. Successful real estate investors Dolf de Roos and Gene Burns wanted to show skeptical investors that there are always great deals to be found.

A real estate guide unlike any other, The Insider's Guide to 52 Homes in 52 Weeks is the true story of a seemingly impossible investing challenge and the two investors who pulled it off-all to prove that you can do it too.

Dolf de roos real estate book