Product Details
The only guidebook that shows you how to finance any property--with or without bank approval.
Would you like to discover all of the many ways that you can finance real estate? Want to learn how to cut your
financing costs, avoid pitfalls, and negotiate the best terms? Then let Gary Eldred's 106 Mortgage Secrets All
Borrowers Must Learn--But Lenders Don't Tell, Second Edition guide you. Fully updated, this practical guide
explains how today's changing mortgage market really works. Unlike other mortgage guides, this book goes beyond
traditional bank-originated loans and shows you how to benefit with seller financing, assumables, subject-to,
wraparounds, lease options, foreclosures, and other money-saving possibilities.
106 Mortgage Secrets also protects you from the sharp practices of loan reps that have recently sparked
Congressional hearings and multiple state investigations. In addition, Eldred shows how and why the right financing
decisions can add tens (and sometimes hundreds) of thousands of dollars to your long-term net worth. With these
106 secrets, you'll build the confidence and the knowledge to:
- Increase your borrowing power.
- Obtain the lowest interest rate.
- Understand the true pros and cons of ARMs.
- Cut (or eliminate) the cost of mortgage insurance.
- Save big with seller financing, assumptions, foreclosures, and REOs.
- Strengthen your credit profile and credit score.
- Avoid getting taken... by the fine print and garbage fees.
- Steer clear of scams and unprincipled loan reps and lenders.
- Accumulate wealth through homeownership and investment properties.
Simple, concise, and comprehensive, this book reveals everything property buyers need to know--especially the
106 financing secrets lenders too often omit.
Biographical Note
Gary W. Eldred, PhD, has invested successfully in real estate for more than twenty years and has served on the
graduate business faculty at Stanford University and the University of Virginia. He has authored many other real
estate titles, including Make Money with Affordable Apartment Buildings and Commercial Properties, Second Edition;
Trump University Real Estate 101; and Investing in Real Estate, Fifth Edition, all from Wiley.
