Author: Property Gangster

Make Millions on Undesirable Properies

Make Millions on Undesirable Properies

“Only invest in property that you would feel comfortable living in yourself”. Here is some advise you may find on the internet, and if its on the internet its true right? While this advise is free its also worth what you pay for it. The […]

WTF is a Rooming House!?!

WTF is a Rooming House!?!

I’m going to introduce you to a whole category of Real Estate Investment that’s little known and under-appreciated. We’re going to talk about the investment opportunity but if you need to read a definition what exactly a rooming house is than check it here. Rooming […]

Wholesale

In real estate wholesaling, a wholesaler contracts a home with a seller, then finds an interested party to buy it. The wholesaler contracts the home with a buyer at a higher price than with the seller, and keeps the difference as profit. Real estate wholesalers generally find and […]

Land Contract

A land contract is a form of seller financing. It is similar to a mortgage, but rather than borrowing money from a lender or bank to buy real estate, the buyer makes payments to the real estate owner, or seller, until the purchase price is paid in […]

Conventional Loan

A conventional loan is a mortgage that is not guaranteed or insured by any government agency, including the Federal Housing Administration (FHA), the Farmers Home Administration (FmHA) and the Department of Veterans Affairs (VA). It is typically fixed in its terms and rate. –lendingtree.com Most conventional loans […]

Hard Money

Hard money is a way to borrow without using traditional mortgage lenders. Loans come from individuals or investors who lend money based (for the most part) on the property you’re using as collateral. –thebalance.com Hard money is way more expensive than conventional. Reasons for seeking out hard money….. […]

Amortization

This is an important word used in Real estate so you will need to learn it so you can better speak the language of Real Estate investing. Amortization refers to the math involved in figuring out the payments on a loan. Not only the total […]

What if my Credit Score is F$#^ed!!!

What if my Credit Score is F$#^ed!!!

This post is for those of you who have bad credit but still want to proceed with building wealth. Maybe you had hospital bills or unexpected baby’s or whatever-doesn’t matter. Im gonna talk about your options, long and short term. Growing up I came from […]