"How to Make Big Money in Small Apartments" by Lance Edwards Tags: fourplex apartment, real estate investor, small apartments, multifamily apartments This was a great book full of ideas for purchasing multi-family units centering around no money down strategies. He had many interesting ideas to raise fund funds or purchase properties to numerious to note. Here are a few highlights: Rasing Private Money Formula: Part I - Finding people predisposed to invest in real estate (seller, IRA, auctions, real estate clubs, etc) Part II - Give the lender the ability to gain control if you fail to perform. Part III - Use insurance like Key Man and Business Income Lose to make the investment low risk. You can also use the reputation of a management company to makeup for your lack of experience. Part IV - Give them a high return through interest rate, equity, or a hybrid of both. More information on this http
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