Feedback Form
Home Features Mastermind Forums About Advertise Blog Network Contact Be An Author

How and Where to Get Loans to Build Your Real Estate Wealth by Tyler G. Hicks: Part I

How and Where to Get Loans to Build Your Real Estate Wealth by Tyler G. Hicks: Part I

How, and Where, to Get Loans to Build Your Real Estate Wealth by Tyler G. Hicks: Part I

INTRODUCTION

Creative financing builds more real estate fortunes for Beginning Wealth Builders (BWBs) than any other type of funding known. You--too--can use creative financing to build your wealth.

To begin, we’ll define what we mean by creative financing:

Creative financing is the use of methods that get you investment money you need by recognizing your financial lacks and shortcomings and focusing on them to overcome these
negatives in your search for the financing you seek.

Thus, when you use creative financing you work from your recognized weak points. Focusing on lack helps you build strong results and a fortune in real estate! Here’s how.

Quick Proof That Creative Financing Really Works

To show you how viable real estate and creative financing are, here are a few reader letters showing what you can do in the world’s best business—real estate:

Getting Started is Easy—When You Know How

“After reading your books, I found myself getting up and going. I have purchased some apartments and townhouses with your zero-cash ideas and they have worked wonderfully. At present I’m working on buying a private hospital in Europe using your techniques.” (VA).
Quick Start with Good Results

“I thank you. After reading one of your books I went out and bought my first 4-plex. It has made me money every day since. Again, I thank you.” (GA).

Good First Year in Real Estate

“This was my first year in real estate investing, and a very profitable one, thanks to your books, courses and newsletters. From March to November this year I acquired eight houses and one building lot, all valued at $350,000, with only $650 down. At the same time I mortgaged out with $27,000 in tax-free money. Including my personal home, my real estate assets total $400,000. My net worth is $150,000, and the investment property gives me $500 per month positive cash flow.” (VA).

Seven Ways You May Need Financial Help

Your first step in using creative financing for real estate is to analyze your financial lacks and shortcomings. In doing this we’re not criticizing you. Instead, we’re showing you how you can help yourself. Here’s a list of frequently met financial lacks and shortcomings:

1. No credit history—that is, the person never financed a car, a home, a washing machine, etc. With no credit history, the borrower can’t be “checked out.”

2. The borrower has a low credit rating on the usual letter

3. credit score of A, B, C or D. In this rating system “A” credit highest, or best, while “D” credit is the lowest, or worst.

4. History of bankruptcy in the last few years. (If your bankruptcy occurred more than 7 years ago, it will usually be off your record.)

5. Your FICO score is less than 600.

6. You have court judgments against you for not paying bills in the past.

7. You have a record as a convicted felon for earlier indiscretions.

8. Any other negative credit history that’s on file about yourself.
If any of the credit problems above apply to you, take hope! You can still get started, and earn big money, in income real estate. I have hundreds of letters from people with almost all the above problems who still got started and are earning a big income today in income real estate!

Real Estate Ownership With “No Money”

“I have read several of your books and have used many of your ideas to improve my financial status. Within the last year I purchased two 8-unit apartment buildings at a time when I had no money. I used 100% borrowed money. Both apartment buildings are in my home town—population 1,300. As a result of these two real estate purchases I have increased my net worth from $8,000 to $50,000, after improvements and rent increases.” (MN).

And another reader tells us, in a letter:

You Can Overcome Bankruptcy

“After reading your book ‘How to Borrow Your Way to Real Estate Riches’ we are enthused about becoming Successful Beginning Wealth Builders—SBWBs, as you call them. We thought we would give it a try. So we applied at a local bank for a $6,000 loan to buy real estate. One week later they loaned us $7,000. Tomorrow we are buying our second property with zero cash down. Not bad after having a bankruptcy three years ago!” (OH).

How to Overcome Financial Problems

The best answer I’ve found to financial problems of the type listed above is creative financing. You use your problems to create your solutions. And what do your solutions do for you? They:

Give you assets—that is, ownership of real estate that rises in value as time passes.

Give you a regular income from your rentals that will increase as time passes.

Give you the basis for building a strong credit rating as you pay off your loans.

Yes, creative financing can give you a new life—quickly and easily. And while you’re building
your new life you’re rendering a valuable service to people needing clean, comfortable and safe housing. So let’s overcome any financial problems you may have by using creative financing!





How and Where to Get Loans to Build Your Real Estate Wealth by Tyler G Hicks Part I - To learn more about this author, visit Tyler Hicks's Website.

Like this article? Share it with your friends

Article Feedback
 Article Feedback No article feedback found.
  Leave Your Feedback
article feedback

Article Feedback
Richard Jefferies
For an online Car Loan Calculator and finance for a cheap car loan. Get approved on car loans or car finance in Australia with cheap bank car loans and finding a car finance broker. Commercial car loans including business car finance and car lease. Car Loan Calculator has information on finance companies and getting the right cheap car loan from banks at best car loan rates and a online car loan calculator for all finance in Australia. Get the best car finance with our help at Car Loan Calculator and Finance Ezi. - Visit Richard Jefferies's Website

David Barr
David Barr is the President of Venture Opportunities, Inc. David has been a professional business broker/intermediary since 1980 focusing on General Business Brokerage and Mergers and Acquisitions representing client transaction value from $400,000 to $20,000,000. Mr. Barr has handled the sale of over four hundred and fifty companies. David earned a university degree from the State University of New York majoring in economics and business. David holds the Mergers and Acquisition Master Intermediary and the Certified Business Intermediary designations from the International Business Brokers Association. He is also a Senior Business Analyst and a Texas licensed Real Estate Agent. For more information about David and Venture Opportunities, visit www.bizdealmaker.com. - Visit David Barr's Website

Staging Diva
Debra Gould, aka The Staging Diva®, is President of Six Elements Inc., an internationally recognized home staging company. Inspired by many requests from aspiring home stagers wanting to start similar businesses, Gould created the Staging Diva Home Staging Business Training Program. Gould has trained over 1000 Staging Diva Graduates worldwide to start staging businesses. Buying decorating and selling six of her own homes in four years lead to an interest in real estate staging which she turned into a career with the launch of sixelements.com in 2002. Since then she has staged hundreds of homes in addition to teaching home staging training. Gould is the author of several home staging resources including a series of popular ebooks made up of a Design Guide, Color Guide and Portfolio Guide. For more information about Debra Gould visit stagingdiva.com. - Visit Staging Diva's Website

Evan Carmichael
I've created this section on my site to share some of the incredible tools that I've used to build my business. I hope you too can benefit from them and look forward to hearing your feedback on the reviews! - Visit Evan Carmichael's Website

Jay Kubassek
(Jay's Full Bio: EvanCarmichael.com/jaykubassek)  In five years, Canadian-born entrepreneur Jay Kubassek went from selling mufflers at a Midas franchise to revolutionizing Internet marketing with the 2004 launch of CarbonCopyPRO, a online marketing education company, now worth over $20 million with customers in over 160 countries.

 

As an independent film producer, his upstart film fund Aliquot Films is currently producing a films with Spike Lee and Abel Fererra (starring Ethan Hawke and Dennis Hopper.)

 

Jay's entrepreneurial spirit is irrepressible. He’s the owner of five companies, a professional speaker and trainer, international real estate developer/investor, extreme sport enthusiast and emerging philanthropist. 

 

Jay resides in NYC with his wife Jamie, son Milo and dog Cooper.  Visit Jay's official website: www.JayKubassek.com - Visit Jay Kubassek's Website

Leanne Hoagland-Smith
Are your sales where you want them to be? Will you be one of the few who achieves sales or business success or one of the many who have failed to change? Are you tired of being told you are like everyone else? Then you may find my first book on sales of interest. Be the Red Jacket in the Sea of Gray Suits, The Keys to Unlocking Sales available at Amazon or at http://www.processspecialist.com/red-jacket.htm. This book is a reflection of my no-nonsense approach to improving sales to overall business results. If you are truly committed to making sustainable changes, then I can help you secure a positive return on your investment because I focus on executable solutions not telling you the problems you already know you have. From training to corporate (group) coaching to executive one on one coaching, my approach is to assess, create awareness, build a goal driven action plan and then execute. The bottom line question is "Not do you or your employees know it, but do you or they want to do it?" Please call for a free strategy session at 219.759.5601. - Visit Leanne Hoagland-Smith's Website

Dianne Crampton

Dianne Crampton is an executive leadership coach, team culture consultant, author and president of TIGERS Success Series, Inc. Dianne has been helping CEO's and Executives connect their employees to their core values and goals for over 20 years using the trademarked TIGERS team culture process, which stands for trust, interdependence, genuineness, empathy, risk and success. To download a free white paper on behaviors that build strong teams and behaviors that will predictably tear them down go here.

Dianne's contribution to the 2010 Pfeiffer Consulting Journal (an imprint of John Wiley and Sons Publishers) entitled TIGERS Hearted Teams is available in November 2009.  Her new book TIGERS Among Us: 5 Winning Business Team Cultures And Why, Three Creeks Publishing will release in March 2010.  To receive publishing discounts, subscribe to the free TigerTracks Newsletter here.

- Visit Dianne Crampton's Website


To learn more about the Evan Elite Author Program please contact us.

About The Author


Tyler Hicks
(Visit Tyler's Website) Tyler G. Hicks is president of International Wealth Success, Inc. (IWS), and a director on the board of a large New York-based lender. A consultant to entrepreneurs and real-estate investors around the world, Tyler is author of many books on real estate and business, some of which have appeared on the best seller lists of Business Week, Walton Books, and other national publications. Several of Tyler's books have been ranked among "the top ten real estate books of the year" by columnists in the Washington Post and Los Angeles Times. Tyler's bestselling books include How to Acquire $1-million in Income Real Estate in One Year Using Borrowed Money in Your Free Time and 203 Home-Based Businesses That Will Make You Rich. On this site you'll find articles Tyler has written to help the "beginning wealth builder" start making money in income real estate or in a small business they can call their own. Tyler hopes that "experienced wealth builders", too, can get new money-making ideas and a more positive mental attitude from his contributions. You can visit Tyler's Web site to learn more at iwsmoney.com.

Tyler Hicks is a Gold author on EvanCarmichael.com
About The Author

View Author Blog
View Author Blog

View Author Video
View Author Video

Free Downloads


Tyler Hicks's

Complete
List Of
Small-Business-Loans
Articles

Name
Email
If you enjoyed this article, get Tyler Hicks's Complete List of Small-Business-Loans Articles For FREE!

More Tyler Hicks
FORTYTHREE WAYS TO FIND A GOOD LENDER
PRIVATE MONEY IS THE WAY TO GO
GETTING AN SBA GUARANTEE FOR YOUR BUSINESS LOAN
COMPENSATING BALANCE LOANS FOR BUSINESSREAL ESTATE
How and Where to Get Loans to Build Your Real Estate Wealth by Tyler G Hicks Part II
How and Where to Get Loans to Build Your Real Estate Wealth by Tyler G Hicks Part I
TIPS FOR MAKING MONEY WITH REAL ESTATE YOU DONT OWN
FAST MONEY SUCCESS FOR YOU
SPORTS FACILITY FINANCING IS EASIER THAN EVER
YOUR OWN INCOME ON YOUR OWN HOURS
Free Downloads


 
 
 


Evan Elite Authors
Casey Gollan  
Joe Dager  
Dave Kurlan  
Evan Elite Authors

Become An Author
Have you written articles that would be of value to entrepreneurs? Become an expert on our site by publishing them! Expose yourself to a wide audience, drive more traffic to your website and get more sales! Click Here for details.
Become An Author

Evan's Latest Video
Modeling the Masters: Learn the true secrets behind Walt Disney's business success factors & grow your company! Video produced by Phanta Media
Evan's Latest Video

Business Opportunities
"Learn straight from Evan how you can Make a Full Time Income (And More) from a Website"

How to Start An Online Business

Click Here To Learn More
Business Opportunities



Evan's Newsletter
Get advice & tips from famous business owners, new articles by entrepreneur experts, my latest website updates, & special sneak peaks at what's to come!
Name:
Email:
Evan`s Newsletter

Free Downloads
Employee Engagment Icon Employee Engagment
Make Attitude Your Ally Icon Make Attitude Your Ally
Working with Wisdom Icon Working with Wisdom
Webinar Plan Icon Webinar Plan
Recession Proof Icon Recession Proof
Free Downloads - Complete List

Entrepreneur Tools and Guides
Top 50 SEO Posts of the Year
Top 50 SEO Posts - 2007
Top SEO Posts of the Year
 
Write The Press Release
Write The PR
Press Release Builder
 
Entrepreneur Tools and Guides

SEO For Africa
SEO For Africa
Zaila Katundu Dar es Salaam, Tanzania,
Zaila Katundu
Dar es Salaam, Tanzania
SEO For Africa

If I Were A Startup...
Jonathan Voigt, $214k to $507k in 2 years
Jonathan Voigt
$214k to $507k in 2 years
Adam and Matthew Toren , $200k to $3.4 Mil in 3 Years
Adam and Matthew Toren
$200k to $3.4 Mil in 3 Years
If I Were A Startup... - Complete List

Famous Entrepreneurs
Dave Thomas, Wendys
Calvin Klein, Calvin Klein
Calvin Klein
Calvin Klein
Famous Entrepreneurs - Complete List

Entrepreneur Advice
Michael Gerber, The E Myth
Michael Gerber
The E Myth
Donald J. Trump, Trump University
Donald J. Trump
Trump University
Entrepreneur Advice - Complete List

Popular Articles
(Premium Authors)

     Are You Careful or Careless
By Eva Gregory
     Allowing the Objects of Perfection
By Eva Gregory
     Are you Being
By Eva Gregory

Have A Suggestion?
Toronto Salsa Classes / Toronto Salsa Lessons Email us your ideas on how to make our website more valuable! Thank you Sharon from Toronto Salsa Lessons / Classes for your suggestions to make the newsletter look like the website and profile younger entrepreneurs like Jennifer Lopez and Sean Combs!
Have A Suggestion?

More Evan Carmichael
More Information