Real Estate Investing the Street Smart Way with Lou Brown
Real Estate Investment Training - Real Estate Investors
How To Avoid Making Payments On Private Money By Making The Interest Accrue - Street Smart Cash Flow Accelerator #37
Lou Brown
May 24 2019
How To Avoid Making Payments On Private Money By Making The Interest Accrue - Street Smart Cash Flow Accelerator #37
Make no payments. Wow. How good is that? Well, why would that be good for the lender? Let's say they have a retirement account and they've loaned to you at say 6% interest and imagined that that interest is accruing. That means that every month that you don't make a payment that you owe interest on the original amount borrowed, plus you own an interest on the payment that wasn't paid so they can earn interest accruing. Well, what does that mean by the end of the year?
Let's say that the loan was $100,000 you just saved the payment every month on that. That could help your cashflow dramatically. And what you could do with that additional cashflow is by more marketing.
Marketing will drive the train. When you got the right marketing, you've got the ability to build an amazing business in the real estate business. But the key is you got to be able to pay for it. Wouldn't it be great as if you didn't have to make monthly payments on this private money? That I've been teaching you in this series. What you say to the investor is, would you like to receive annual payments, semiannual payments, quarterly payments, or monthly payments, and let them choose if they save monthly payments.
You say: “Of course when I send that payment in, what's going to happen to it? You're going to put it into your retirement account and it's just going to earn what? Zero point something percent. So not much. What if you just let your interest accrue? I'll pay you interest on that as well.”
Then annually you can make them a single payment that incorporates both their regular payment and the accrued interest. How cool is that?
Lou Brown has been buying, selling and holding property for 40 years and you are about to discover what a lot of so called gurus are missing.
* How to buy all the property you want without ever visiting a single bank or needing to qualify for a loan
* How to have a buyer or renter before you even buy property
* How to have them already pay you money before you sold them anything
These are exactly the kinds of deals he does day in and day out. Most 'investors' are getting it wrong. It's not about the property, it's about the buyer. Buying right and buying cheap is what you'll do after you have the buyer.
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Web Site: https://millionairejumpstart.com/ and https://streetsmartinvestor.com/
Real Estate investors in all fifty states across Canada and fifteen foreign countries including as far away as Australia and New Zealand, have long regarded the training, systems and forms created by Louis Brown as the best in the industry, Quoted as an expert by many publications and authors, "Lou" draws from a wide and varied background as a real estate investor having been buying property since 1976.
He's invested in single-family homes, apartments, hotels, developed subdivisions and built and renovated homes and apartments. Each of these experiences has given him a proving ground for the most cutting edge concepts in real estate today. He's widely known as a creative financing genius with his deal structuring concepts.
Being a teacher at heart he enjoys sharing his discoveries with others. He has served the industry in many volunteer positions such as past President and designated lifetime member of the Georgia Real Estate Investors Association, the world's largest real estate investor group.
He is also founding President of the National Real Estate Investors Association, which serves as the umbrella association of local investor groups.
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About Lou Brown
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