Even our own fast points in the digital media and words at the pace of thought, a classic newspaper headline can get Being more Philanthropic your aid. More on that shortly. First a frame of reference.
Here is my challenge. I believe in the speed of cash. Thus, when you are investing how quickly do you obtain your money-back. These are all cash promotions. At a 18% cash-on-cash this will mean you are cashed out in about 6 years. A little slow for my tastes, but adequate.
For mere $34,900 I will invest in a company where they would find me a home (usually in the mid-west) and rehab it for me. I would then be the owner of the your home. The ARV market prices of these homes are formed in the mid to upper $50,000s. Would likely then provide up to a year of payments at $400 monthly while they find a buyer for my home. I would then carry financing on that home for the end buyer on the 30 year PITI letter. There is no balloon payment thus you have strong cash flows. Home loan payments are based on a 9.9% interest rate and the RENTS. Thus, the end buyer is paying determined by the market rents. Their down payment is about 2% of the value of this home, normally around $1000.
It is entirely feasible for an impoverished person
