The Coaching Club » Debt Elimination »

Financing Tip by Larry Goins April 2009

Larry Goins — Mon, 14 Dec 2009 16:05:19 +0000

With the average right now as of this writing it’s down to 4.89%. So needless to say mortgage applications are up. People are going to start buying homes again and going to start re-financing again. The tip today is this. If you are going to re-finance or do anything, I would suggest that you get a fixed rate loan. Do not do an ARM (adjustable rate mortgage) or anything like that. Right now you can get a 30 year fixed rate mortgage for under 5%. That is so strong.

The content above is an excerpt. You do not have sufficient rights to view the full content, so Sign up NOW and become a member of The Coaching Club, to get full access.

The real estate investing secret real estate investors do not want you to know about

Larry Goins — Mon, 24 Aug 2009 13:27:47 +0000

As a real estate investor who has managed to attain the Holy Grail of total financial independence I am used to people asking me about the ‘secret’ to real estate investing. I have had people come up to me in after dinner speeches and ask me to tell them what the formula is and I have had colleagues in the industry come up and ask me for a secret tip and in each case I have been tempted to take out a ballpoint pen and write at the back of my business card “trust your instincts” but that would be being disingenuous as it is just the kind of advice that means everything and nothing.

The content above is an excerpt. You do not have sufficient rights to view the full content, so Sign up NOW and become a member of The Coaching Club, to get full access.

Unable to Get Mortgage Debt Relief – Be Ready for a Lawsuit

Larry Goins — Fri, 14 Aug 2009 16:04:17 +0000

The United States is home to 94% of all the lawsuits in the world and 75% of the world’s attorneys. Very few of them are willing to help you get mortgage debt relief, or give you free financial advice, but many are willing to come after you for the default judgment..

The content above is an excerpt. You do not have sufficient rights to view the full content, so Sign up NOW and become a member of The Coaching Club, to get full access.

What if I have a bankruptcy on my credit report?

Larry Goins — Fri, 14 Aug 2009 16:02:18 +0000

Your chances are 60 percent that you can get it removed before 10 years--the same statistic as with foreclosures. It once took me eight frustrating years.

The content above is an excerpt. You do not have sufficient rights to view the full content, so Sign up NOW and become a member of The Coaching Club, to get full access.

Are You an Undercover Real Estate Investor?

Larry Goins — Mon, 03 Aug 2009 15:31:55 +0000

Is there anyone in your town that doesn’t know that you buy houses? If so, you aren’t doing as well at marketing as you should be. I hear investors saying all the time that they aren’t getting seller calls and subsequently aren’t getting the leads they need to find deals. I say step up the marketing and the sellers will call. Not only that but if you are shouting to the world that you buy problem properties, eventually you will be known for what you do and sellers will call you strictly on your reputation. THAT is cost effective marketing.

The content above is an excerpt. You do not have sufficient rights to view the full content, so Sign up NOW and become a member of The Coaching Club, to get full access.

Credit Reports and How to Raise Your Credit Score

Larry Goins — Tue, 30 Jun 2009 19:18:53 +0000

In this article on credit reports, we will talk about credit scores. Specifically, how to raise them. After reading my first article, “About Credit Reports”, you should have ordered your credit reports, looked them over and picked out all the bad stuff. Now you want to know what to do to raise your credit score. Ok. First things first. Your credit score is deemed by the following:

The content above is an excerpt. You do not have sufficient rights to view the full content, so Sign up NOW and become a member of The Coaching Club, to get full access.

How To Get Out Of Debt Fast With Tenants by Larry Goins

Larry Goins — Fri, 22 May 2009 14:51:36 +0000

Remember, whenever you buy a property, in my market, you need to be in it at no more than 70% ARV including purchase, rehab and closing costs. That is one of the most important things for you to learn and to remember. You can then fix it up, re-finance it at 75% to 85% loan to value, and pull out the cash, which by the way is Tax Free cash, as you don't pay tax on borrowed money. Then you can rent the property out at a positive cash flow and have Tax Free cash in your pocket.

The content above is an excerpt. You do not have sufficient rights to view the full content, so Sign up NOW and become a member of The Coaching Club, to get full access.

How to Bust Debt Fast With Tenants by Larry Goins

Larry Goins — Thu, 21 May 2009 18:27:12 +0000

How landlording can help you eliminate debt fast!

The content above is an excerpt. You do not have sufficient rights to view the full content, so Sign up NOW and become a member of The Coaching Club, to get full access.