Since 1977, Jack Cummings′s Real Estate Finance and Investment Manual has been the definitive source of financing guidance for investors everywhere. If you want to maximize profits, you have to understand all your financing options and choose the appropriate strategy for each property. This comprehensive guide gives you all the information and insight you need to make the right choice every time.
Written by leading real estate author and investor Jack Cummings, this new edition has been completely revised for the first time in a decade. It covers all the new real estate investment strategies and insider techniques that will work for you no matter where you live and features brand–new case studies, updated mortgage information, and a unique "constant rate" amortization schedule designed by the author to help you better control cash flow. In addition to new material for today′s real estate market, you′ll find a mountain of reliable and practical information that has made this book the ultimate financing guide for investors for three decades.
Inside, you′ll discover trustworthy, expert guidance on:
Setting realistic goals to guide your investing choices
Mastering the art of effective negotiation
Using leverage to maximize returns on your investments
How to decide between conventional and creative financing methods
Understanding and using wraparound and blanket mortgages
Uncovering real estate tax loopholes that increase cash flow
Utilizing powerful techniques for closing any deal
With checklists and other handy resources you can put to immediate use, Real Estate Finance and Investment Manual, Ninth Edition is the only book you need to manage the financing of all your investment properties.
Table of ContentsIntroduction.
Chapter 1: How Real Estate Investing Goals Help You Formulate Effective Financing Strategies.
Chapter 2: How to Set Effective Goals for Successful Real Estate Investing.
Chapter 3: The Power and Art of Effective Negotiating.
Chapter 4: How Leverage Affects Risk and the Value of Real Estate.
Chapter 5: Conventional Financing: Where to Find It and How to Negotiate the Best Terms.
Chapter 6: Use Creative Financing to Maximize Benefits.
Chapter 7: How to Use Government–Insured Loans to Finance Real Estate Purchases and Sales.
Chapter 8: How to Get Land Development and Construction Loans.
Chapter 9: How to Get the Most Benefit from Blanket Mortgages.
Chapter 10: Gain Leverage on Existing Financing with a Wraparound Mortgage.
Chapter 11: The Sale–Leaseback: An Investment Tool That Works for Both Buyer and Seller.
Chapter 12: The Last Loophole: IRS Section 1031 Real Estate Exchanges.
Chapter 13: How to Maximize Your Use of Pyramid Financing.
Chapter 14: The Discount Sale and Leaseback and Buyback.
Chapter 15: How to Profit with Discounted Mortgages.
Chapter 16: Two Prime Insider Techniques: Preferred Income Sweetners and Options.
Chapter 17: Five Powerful Secondary Financing Techniques That Effectively Close Deals.
Chapter 18: Eleven Creative Financing Techniques That Make Your Transactions Fly.
Chapter 19: Four Techniques: Where You Keep Part and Dispose of Part.
Chapter 20: Using Your Talent and Hidden Benefits to Barter Your Way into Real Estate.
Chapter 21: Nine Important Stages of Successful Real Estate Transactions.
Chapter 22: The Six Most–Asked Questions about Real Estate Financing.
Chapter 23: Keeping the Wolf from the Door.
Chapter 24: How to Effectively Develop and Implement Your Comfort Zone.
Appendix: How to Use the Constant Tables.