by Susan Smith Alvis
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Product Description This new book explains everything you need to know to locate and purchase real estate with no down payment from individuals, banks, and other sources. Whether you are a first-time homeowner or an experienced property investor, this is a tremendous guide for buying real estate in any market with no down payment. You will learn the simple formula that can build massive wealth through a real estate purchase, with no money down. This proven formula works even if you have no real estate experience, bad or no credit, or very little money. This formula has been developed out of real-life experience. You will learn how to make smart real estate investments and use those investments to help you achieve financial success. We spent thousands of hours interviewing, e-mailing, and communicating with hundreds of today's most successful real estate investors. This book is a compilation of their secrets and proven successful ideas. If you are interested in learning hundreds of hints, tricks, and secrets on how to purchase a property with no money down, then this book is for you. You will learn how to find the right property, locate motivated sellers, make mutually beneficial offers, and possibly even receive cash at the closing. Though you may be relatively cash-poor or have a less-than-perfect credit rating, you can acquire a mortgage and find the house you've always wanted. You will receive professional direction through all the complicated legal and tax issues involved. You will uncover secrets that expert real estate investors use every day. This comprehensive resource contains a wealth of modern tips and strategies for financing and closing on a property. The author shows readers how to find out how much they're really worth, how to uncover unknown assets, and how anyone can enhance their credit rating within six months. Financing your dream home can be possible, even if you never thought you could.
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Average Customer Review:
6 of 7 people found the following review helpful:
I may be a novice, but... , 2007-03-20 Unlike the previous reviewer, I gleened a lot of useful info from this book. Susan Smith Alvis nails down the ins and outs of purchasing real estate for first time (or second, or fifth time) home buyers. With detailed instructions on how to get your finances together, what you can afford, and how to look for loans, she makes the complicated world of the real estate transaction seem simple.
The book is sectioned into subjects such as "Looking At Your Finances", "Creative Financing" and "Foreclosures", explaining each step in the process of home ownership. Interspersed with real life examples from realtors, the chapters build on each other, culminating in the sale of the home and its aftermath. Ms. Alvis even gives a list of things to do after purchase, such as changing the locks, keeping a home journal, and advertising rental property.
This is a must read for anyone buying their first home, or anyone who is purchasing property for financial gain (such as rental homes).
4 of 6 people found the following review helpful:
How to Buy Real Estate Without a Down Payment in Any Market: Insider Secrets from the Experts Who Do It Every Day , 2007-01-02 Thank you Susan. I feel that I should say that to you after reading your book "How to Buy Real Estate Without a Down Payment in Any Market: Insider Secrets from the Experts Who Do It Every Day". This book is a great asset to someone who is going to be purchasing property. I have bought 2 houses and found the entire process to be mind boggling trying to understand everything. Thanks to Susan's book I feel I am now prepared to continue purchasing more property, but I am going to do it feeling a whole lot more at ease.
2 of 5 people found the following review helpful:
How to Buy Real Estate Without a Down Payment in Any Market: Insider Secrets from the Experts who Do it Every Day , 2006-12-27 How to Buy Real Estate Without a Down Payment in Any Market: Insider Secrets from the Experts who Do it Every Day by Susan Smith Alvis is a practical guide to buying homes or other real estate with no money down. The book is perfect for first-time homebuyers as well as seasoned real estate investors seeking to perfect their investment skills. A 75 page glossary is included which provides essential help with the argon used throughout the text. With an easy-to-follow format, and crisp, concise writing, the book receives a 4 out of 5 stars.
13 of 15 people found the following review helpful:
Makes the process easy for anyone to understand., 2006-12-11 It is said that real estate is the biggest and most profitable business in the world, but I didn't think I could ever afford to buy any more property until I read "How to Buy Real Estate Without a Down Payment in Any Market." I can not believe how much information is packed in this book. The writing is easy to understand, making it possible for anyone to benefit from purchasing property.
A retired real estate agent wrote this book to assist people who want to profit from buying real estate. The author advises that it is in the buyer's best interest to work with a realtor, but she also states that it is possible to successfully complete the process on your own.
The book lays out an easy to follow step-by-step process to aid investors in buying property with no money down and possible leaving the closing table with a sizable check plus your new property. The author also includes a complete glossary and a section of tips, hints, and reminders for real estate transactions that makes it an excellent resource for beginners and experts alike.
I would recommend this book to both people contemplating their first real estate purchase and as a reference book for seasoned professionals who make a living buying and selling real estate.
2 of 4 people found the following review helpful:
Read this Book Before You Buy Property, 2006-10-17
If you are interested in buying real estate with no money down, buy this book. Whether you want to make a purchase for your primary residence or want to begin investing in real estate, this book has a lot to offer. The author gives you most of the valuable information contained in the expensive programs sold on infomercials for a lot less money.
This book will help you calculate what you can afford and organize your finances prior to the purchase. There are charts for determining your assets and debts as well as important information for improving your credit score. The author covers all the financial aspects that should be considered when investing in real estate. All financial options for financing the purchase are discussed in detail.
The author has interviewed people who have made a significant amount of money in buying real estate with no money down. The book contains valuable tips and hints from people who have successfully purchased real estate using these methods. The book will take you step by step through the process of buying real estate without cash. You may even walk away from the closing table with cash in your hand.

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