Ever heard the phrase, The cheese has moved?
Last year, the interest rate for a 30-year fixed-rate mortgage was 2.9%. This year, mortgage interest rates are closing in on 6%. Add double-digit inflation to the mix and you’ve got quite a movement of the cheese! Any idea where it is now?
Is it best to copy Chicken Little and run for cover, or do you pick up your creative-deal-structuring toolbox and go find people to help and problems to solve?
What if you started investing after 2012? Then it’s likely the only tool in your deal-structuring toolbox is the proverbial Big Damn Hammer…you know, a 70-cent-on-the-dollar-all-cash offer.
Do you wonder about the other ways an offer can be creatively constructed? Creatively funded? Creatively held?
Have you ever done a Pure Option Deal? What about a Performance Master Lease with an Option kicker? A Subject-to Deal? How much success have you had with getting owner financing?
At October’s monthly North Carolina REIA meeting you’ll see these four creative-deal-making tools in action. More importantly, once seen, your real-estate-investing brain can never contract back to its original size!
Is real estate investing a hobby to you, or is your goal to turn pro; to gain financial freedom for you and your family? If you plan to turn pro, when is the right time to start achieving your goal?
At October’s monthly North Carolina REIA’s main monthly meeting Bill Cook will show you which creative deal structuring and funding techniques work best in THIS chaotic market.
He’ll also share the most important real estate investing lesson he ever learned.
Join us for an evening of learning, networking and deal making.