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Do you believe that wealthy people gets wealthier, in moments like this, Question is what is
it today? My answer is it’s a period of growth, from recession to high prosperity or we can
say it’s the economic uptrend. Our economy moves in a fairly predictable cycles, which
includes prosperity and growth period, a slow down and a recession, a gradual increase in
activity, and then high prosperity again. We run in a cycle every seven to ten years.
And now is the time to invest in real
estate properties? Learning the
economic cycles and adjusting
strategies accordingly, provide a majors
boost to a good investment plan. If you
want to become wealthy you need to
learn this…, INVEST IN REAL ESTATE
ESPECIALLY DURING GROWTH TO HIGH
PROSPERITY!
We learned that during recession rich
people get richer and that’s true. When
the economy hits a down-swing, most
people tighten their belts and prepare
to ride out through the tough times by
not doing spending. But wealthy people
have the cash to take advantage of the
bargains a recession offers. They buy
up real estate and other assets to the
lowest prices. And because they have
money to start with, they can afford to
hang on to those assets until the
market comes around, but that’s the
case for wealthy people, how about
those who just can afford to buy real
estate properties just for a starting
investment. My answer is it’s the same case for the wealthy, only that they can afford to
buy earlier during time of recession.
During up trends cycle and the economies are good, banks are willing to lend more. It’s
easier to borrow 80 to 95 percent of the property value. When times get tough, you’ll have
to search for even an 80 percent mortgage. On the surface that looks as if you need a
tremendous amounts of cash to take advantage of a recession. These are not necessary
true. During lean times, more seller are willing to hold mortgages (that is let you make the
payments to them rather than the bank) because it’s the only way that they can get rid of
the properties, especially ones that are run-down. And seller financing can be much more
flexible than a conventional bank loans will ever be. With seller financing, you don’t have to
pay points or other loan originating fees, there is rarely a credit check, and the closing can
occur much faster than a bank or a mortgage company. There’s also a profit by discounting
the mortgage later on. By understanding economic cycles and using creative ideas, we can
consistently gain wealth at this time…, that is buy-low, and sell high during economic up
trends.
it today? My answer is it’s a period of growth, from recession to high prosperity or we can
say it’s the economic uptrend. Our economy moves in a fairly predictable cycles, which
includes prosperity and growth period, a slow down and a recession, a gradual increase in
activity, and then high prosperity again. We run in a cycle every seven to ten years.
And now is the time to invest in real
estate properties? Learning the
economic cycles and adjusting
strategies accordingly, provide a majors
boost to a good investment plan. If you
want to become wealthy you need to
learn this…, INVEST IN REAL ESTATE
ESPECIALLY DURING GROWTH TO HIGH
PROSPERITY!
We learned that during recession rich
people get richer and that’s true. When
the economy hits a down-swing, most
people tighten their belts and prepare
to ride out through the tough times by
not doing spending. But wealthy people
have the cash to take advantage of the
bargains a recession offers. They buy
up real estate and other assets to the
lowest prices. And because they have
money to start with, they can afford to
hang on to those assets until the
market comes around, but that’s the
case for wealthy people, how about
those who just can afford to buy real
estate properties just for a starting
investment. My answer is it’s the same case for the wealthy, only that they can afford to
buy earlier during time of recession.
During up trends cycle and the economies are good, banks are willing to lend more. It’s
easier to borrow 80 to 95 percent of the property value. When times get tough, you’ll have
to search for even an 80 percent mortgage. On the surface that looks as if you need a
tremendous amounts of cash to take advantage of a recession. These are not necessary
true. During lean times, more seller are willing to hold mortgages (that is let you make the
payments to them rather than the bank) because it’s the only way that they can get rid of
the properties, especially ones that are run-down. And seller financing can be much more
flexible than a conventional bank loans will ever be. With seller financing, you don’t have to
pay points or other loan originating fees, there is rarely a credit check, and the closing can
occur much faster than a bank or a mortgage company. There’s also a profit by discounting
the mortgage later on. By understanding economic cycles and using creative ideas, we can
consistently gain wealth at this time…, that is buy-low, and sell high during economic up
trends.
When is the right time to invest in real estate properties?
by: Eugene Catalan
Posted: june 2011
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