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Introduction
Mission:
Mentoring Clients in developing and maintaining a sound Real Estate
Investment Portfolio. Provide the most suitable financing
option....expeditiously, competitively and with precision the first time
around.
Target
Client:
Beginner to small investor (currently less than 5 properties owned),
good to excellent credit, employment stability, and a minimum of $5,000 in
capital reserves or $20,000 in real estate equity (in lieu of) with an
entrepreneur mindset. Our
target client must possess the willingness to follow basic financial &
investment planning concepts, the commitment to graduate from the
typical "Weekend" investor to the owner of a Real Estate Investment
Business capable of generating enough passive income to
become a "Full time" Real Estate Investor. The desire to create
a lifetime of financial security.
The
Typical Inquiry:
Having already acquired a property or multiple properties, many
buyers/borrowers come to us in need of help.
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“I’ve
purchased my first investment property and want to purchase more. I
am running out of money and do not want to wait another year to save
down payment money to buy my next investment property”
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“I need
to cash out my investment property so I can free up equity to buy more
properties”
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“What
I’ve learned reading ' No money down no credit qualifying ' books is a
lot harder than it initially seemed to be. Why are sellers
unwilling to contract a Lease Option with me? I’m anxious to close on my
first deal.
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“I’ve
got a 650 credit score, am self employed, cannot document income and have a few thousand
dollars in reserves"
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"I can't seem to
find any properties that generate cash flow without putting 20-30%
down"
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"I get the
run-around from every broker, lender and banker I've dealt with.
Why does it take 30-45 days to close a loan?"
A great
deal of wealth has been made in Real Estate. The problem is; unless one
is swimming in extra investment capital and has been blessed with luck
and a strong market, most Real Estate Investors never graduate past the
“Weekend stage”. The Investors who succeed, approach investing as
they would any other new business venture; with a strong business plan.
Starting
a Real Estate Investment Business is no different than opening a Retail
Store, Restaurant, Ice Tea Stand or Software Company. In order to
achieve maximum success, one must take a step back and conceptualize a
sound business plan, encompassing their time & financial level of
commitment, financial & credit
capability, appetite for risk, target market
and exit strategies. Only then should the "Concept"
progress to the next level.........Setting the plan into motion. One
should never open a convenience store after reading one book, or sitting
in on a weekend "Get rich" work shop, why would you?
Real
Estate Investing is seemingly an easy trade. So easy that a
typical Real Estate Investor becomes so gung ho to capitalize on a hot
market or a concept they learned over the weekend, they quickly buy the next property that seems to be a good deal.
Only to find out, the property does not meet minimum Real Estate
Investment profit standards; or they tap into most or all of their
capital resources and put “Buying” of the next property on hold until
they save enough down payment money; or they finance a property
incorrectly and are now forced to restructure financing; or they finance
it without giving thought to future lending continuity and are no longer
"Lend-able" due to a decrease in credit score or a high debt-to-income
ratio....The list goes on. Most
unwillingly
drain their capital resources and are pressed to
sell
the property prematurely; or access their equity by means of a
refinance or line of credit; or they attempt to negotiate assignment
fees to generate enough capital to put more products on their store
shelves!
With
Direction, There Is An Easier Way!
Regardless of the business, knowledge and planning will always be
the initial
catalyst to success. Avoiding mistakes along the way will help to
insure Capital Preservation and set the pace for Wealth Accumulation.
Here at Progressive Companies, my
staff and I will guide & mentor you in developing a sound Real Estate
Investment Plan. We’ll teach you how to understand speculative and cash
flow investing. You’ll understand the importance of applied risk,
leveraging and how to properly execute proven Real Estate Investment
Tactics combined with maximizing every ounce of your borrowing
capacity. We'll teach you the ins and the outs of securing your
tenants and/or buyers before you even contract a home to buy! If you are a good student; In the end, you’ll know more about
Real Estate investing than the average investor and you will certainly know more
about the mortgage process than most mortgage loan officers and
brokers. You’ll know more about credit and financial management than
most 750 scored consumers. As a bonus, we’ll finance your acquisitions
at 100%, competitively, on time, and with unmatched precision. If
executed properly; you'll be given the potential to develop a 12-25
property portfolio in a fraction of the time it takes the traditionally
minded investor a lifetime to develop by using traditional means.
In the end, you’ll be well on your way to
accomplishing the objective of financial security.
The costs to you? LOYALTY. Our
advisory and planning services are free of charge to our Relationship
based clients who come to us for 100% of their mortgage or business
financing needs.
Stop running with limited direction.
Contact us today, and tell us about yourself, your investment experience
and the areas you feel we can best serve you.
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