Bill will cover 7 of the issues that are currently affecting landlords during this downturn including tenants giving notice and extended vacancies. He will elaborate the 7 tactics to help you deal with the challenges.
Dave Dubeau will show you a simple and proven 5 step formula for getting prospective investors to call you, eager to learn more about you and how they can profit with you as money partners. If you have ever missed out on a deal because you ran out of cash and/or credit to get financing - this is a presentation you will NOT want to miss. If you are nervous about the idea of 'cold-calling' people, and asking them for money - this will solve that problem. Whether you are a newbie investor just getting started, or an old pro looking for a few new tips for raising capital, this presentation will deliver the goods.
During this informative webinar you will learn the reasons why investors should consider having legal secondary suites as part of their investing portfolio. We will also provide important information about legalizing secondary suites in the City of Calgary, and some key details to know when looking for legally suitable property.
Underwriting guidelines for Rent To Own - What lenders are looking for in Mortgage Underwriting After attending Webinar #1, you are now prepared to go into more detail about a file and how to put together a rent to own deal. This is taking an application and analyzing income, debts on a credit bureau and sizing up the opportunity in knowing if this is the right tenant buyer and home to invest into. We will be looking at what size of down payment should be required, debt elimination and credit rebuilding that will be required for all National Insurers to approve the exit high ratio mortgage in the future. We will be looking in detail of the underwriting rules of rent to own for wording on contracts and minimum beacon score. The length of the program will be looked at and how past debts, consumer proposal or bankruptcy would determine the time to exit a program. You will also get to learn how to price out a deal and how to calculate how much cash flow can be made on the deal and your rate of return.
Discussed in detail of what potential issues to avoid when putting together a rent to own deal. Issues that may cause a mortgage decline for any tenant buyer exiting a rent to own program and leaving you in a difficult position and facing possible litigation. After this training session, you will understand why more than 75% of rent to own deal fail from the beginning. This is a very important workshop to attend if you would are looking to invest in Real Estate and tired of dealing with tenant issues, maintenance and low cash flow. Rent to own is the only investment program that will provide a sizeable security of 5% of the value of the home up front and provide a occupancy payment of 30% above market rents while eliminating all utility and maintenance issues.
In-depth Discussion of Topic: 9 Rules of Credit
- How to get Free copies of your credit reports of both your Equifax and TransUnion reports - Learn how the credit system works – Also known as “Credit Ball” - What is most important to the banks and lenders - Learn the 9 Rules of Credit and why each one is essential to know - Tons of “insider secrets” credit tips and tricks that will save you thousands of dollars - Additional resources and services to remove errors/fraud from credit reports and increase the credit score quickly