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Pick properties from the list and close the deal with the bank. Banks usually give lead time for your down payment. This gives you enough time to close the sale with your buyer. You control how much profit you can make here. You will pay the bank with the buyer’s payments! This is a win-win situation. The bank gets money for the sale of its idle asset. You make a profit by selling it. Your buyer gets the property at a discount, possibly less than the list price of the bank. How to invest in real estate with rent to ownYou acquire a foreclosed property from a bank and arrange for a payment of 10 years or so. Factor in repairs or maintenance work if needed. The key here is buying low or at a discount so you have room to make money. This requires money for down payment to the bank and repairs. If you have the money you can finance it. Or ask around for real estate investor loans. You get a loan for the down payment and repairs until you close the deal with tenant buyers. You can set the down and monthly payments of tenant buyers higher than what you will pay the bank. Again, you control how much money you can make! You can also set how long the buyers would pay. That is passive income. But this is not easy. Learn more from books and other sources and find a mentor for this real estate business in the Philippines. Finding real estate investors as mentorsThey say the mind determines what one can achieve. Decide in your mind that you want this business. Then join a mentoring program to guide you on the ins and outs of real estate investing. Learn how to invest in real estate from successful investors themselves. Successful Filipino real estate investors are earning millions. Two of them are best-selling authors about real estate investing - Larry Gamboa and Trace Trajano. Larry is based in the Philippines while Trace is in the US. Their mission is to create One Million Filipino Millionaires worldwide by 2020! Trace is my mentor. He is based in Cincinnati, Ohio, USA. He acquired over $13 Million worth of properties in the past 6 years. His passion is teaching others how to make money in real estate very, very quickly with no risks, even for people with no money or credit! His techniques in the US apply in the Philippines and elsewhere. His students come from the Philippines, US, UK, Canada, Singapore, Australia. Trace is a very busy man and his mentoring program is by invitation only. Would you like to be part of his program and be one of the Filipino Millionaires through real estate investing? Mention it in the form below. You can earn more income for your family while working abroad as an OFW or Filipino immigrant. Learning how to invest in real estate in the Philippines or elsewhere, with a mentor's guidance, can help you do that... Do You Have a Question or Idea on
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