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Product Description
Product Description
Real estate wealth-building techniques that are--for once--grounded in reality instead of hyperbole
In a field rife with questionable, get-richquick schemes and scams, Jack Cummings has built a solid career out of providing real estate strategies that are sensible, logical, and achievable. Investing in Real Estate with Other People's Money features proven up-to-date strategies and techniques, with detailed examples of how to use each.
Everyone from novices to seasoned real estate pros will find useful ideas in this handson, how-to book. It provides all readers with the knowledge and fundamentals they need to become successful, including:
- How to become a real estate insider
- "No-money-down" strategies that actually make sense, with real-life examples
- Small details for increasing a property's value without spending a fortune
From the Back Cover
A Real Estate Investing Book Based on Hard Facts and Market Realities--Instead of Outdated Economics and Wishful Thinking
Through stock market tumbles and downsizing disasters, real estate has continued to prove its value as a rock-solid financial investment that anyone can profit from. Now Investing in Real Estate with Other People's Money introduces you to literally hundreds of up-to-date, common-sense techniques you can use to build impressive real estate wealth--while putting little of your own money on the line.
Author and real estate pro Jack Cummings has spent four decades showing real estate novices how to combine easily-available information with their own initiative to achieve financial freedom in real estate. In Investing in Real Estate with Other People's Money, Cummings puts you on the road to becoming a "real estate insider" by providing you with:
- Strategies for recognizing--and beating other investors to--low-risk opportunities
- Proven, step-by-step techniques for finding new uses for tired old properties
- Methods for always making a profit, even when you sell for less than you paid!
Real estate is one of the last areas where anyone, regardless of their background or education, can start from nothing and build solid, long-term wealth. Look to Investing in Real Estate with Other People's Money for real-world, no-nonsense techniques you can use to create a lasting financial legacy--one property at a time.
Here is what you really need to know. Read the first page
Concordance
Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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Most helpful customer reviews
3.0 out of 5 stars
3 1/2 stars,
By
This review is from: Investing in Real Estate With Other People's Money: 100s of Insider Strategies for Turning a Small Investment into a Fortune (Paperback)
One reviewer obivously stopped reading. Yes Jack Cummings has a chapter on cosigning and one on borrowing against a life insurance policy, but he also has 38 other chapters on very creative ways to finance real estate. But lets face it, these books are written for novices, so cut him some slack. He's covering all bases. And there are a one or two other just as cheesy ones such as chapter 37, "The Root Beer Float" (And in fact, this type of advice is why I didnt rate the book higher - but if you can gleen a couple of ideas to use then I feel a book is worth it). Every type of financing one could think of is covered in this book from syndication to yes, using a family cosigner. Each idea also includes possible pitfalls. I rate this book 3 1/2 stars and feel it is a solid purchase.
1.0 out of 5 stars
Archaic and useless,
By Thor Vue (Chico, CA) - See all my reviews
This review is from: Investing in Real Estate With Other People's Money: 100s of Insider Strategies for Turning a Small Investment into a Fortune (Paperback)
Investing in RE with OPM is useful if you just came out from a cave or just landed on Earth. Can't make a deal work? Great suggestions from Cummings include asking your family member (THE FAMILY LOAN), borrowing against life insurance policies (MUST really really make sure that its whole and not term)(THE POLICY LOAN) and how about asking for a co-signer (THE AUTOGRAPH COLLECTOR). Only Cummings can manage to write chapters and pages about how to get a loan from a family member or how to add a co-signer to a loan. Investors, please, you have more important things to do.
5.0 out of 5 stars
Investing in less then a week-Great book with Excellent INFO,
By Nielubie "nielubie" (Chicago, IL United States) - See all my reviews
This review is from: Investing in Real Estate With Other People's Money: 100s of Insider Strategies for Turning a Small Investment into a Fortune (Paperback)
I read this book in less then a week and I am already putting together a purchase proposal following this books examples. It has many great ideas and explainations of how to flip properties, using first and second mortgages to benefit you, using home equity, taking a mortgage from the seller when they have 100% equity. I have been a minor in real estate for a few years, but this book has opened my eyes to new ways and techniques that I wish I knew many years back. Jack Cummings is a great author, easy to read and follow. Nice short chaperts.
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