Even if you have bad credit, you may be able to find a home equity loan, a home purchase loan, or even a loan to refinance your current mortgage at a lower rate and save you hundreds of dollars a month in interest payments.

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Neil's Stores (in Mt. Kisco and Scarsdale) are donating
Neil's Stores (in Mt. Kisco and Scarsdale) are donating a percentage of their sales on Saturday, May 12th, to an...

Westchester Spotlight

Equity Discount Real Estate Investing

Consider these parameters for a real estate deal:

Property Value: $250,000
Purchase Price: $160,000
Repairs: $2,500

If you analyze the numbers, you see that the equity available in this deal is $87,500 (Property Value minus Purchase Price minus Repairs).

So here's a hypothetical question for you: Assuming that the information above is accurate, and the property is located in an area that you view as acceptable and/or favorable, then:

If I offered to give you this deal in exchange for $10,000 in cash, would you do it?

Remember - this is hypothetical. The real question here is this:

Would you exchange $10,000 in cash for $87,500 in equity?

For most savvy investors, the answer is: Absolutely YES!

This is called "Wholesale Real Estate Investing" - the process of buying a lot of equity at a very significant discount from another real estate investor who has already done the hard work of finding a deal and getting it under contract.

Just think about that - consider how easy real estate investing would be for you if you had a network of real estate investors in your area (and maybe even all over the country) who, several times each month, offered you the opportunity to purchase significant amounts of equity for a severe discount...

...It would be quite easy to become wealthy, fairly quickly, wouldn't it?

The answer again, is: Absolutely Yes, it will.

It is through smart "wholesale real estate investing" that you can increase your net worth by $20,000 to $100,000 on every real estate deal that you do.

...Now the burning question becomes, "Where exactly do I find these wholesale real estate investing deals?"

I know of at least 3 solid sources...

You've got to admit - it will be a pretty wonderful thing when you know how to find great real estates deals in which you can trade a small amount of cash for a large amount of equity without even having to find the deals yourself...

...And that's exactly what "wholesale real estate investing" is all about.

So let's get right to it. Here are 3 places to find wholesale real estate deals:

1.) Visit the local real estate investing club in your area. Almost all of these clubs have networking opportunities to work with other investors who wholesale deals regularly, and this is an easy way to find great opportunities.

2.) Watch for ads in the newspaper, television, and in other media that advertise slogans like, "We Buy Houses", or "Sell Your House in 9 Days" or anything similar to that. Most of the time, these people are real estate investors, and they are happy to wholesale deals to people like you.

3.) Watch your email-box. Why? Because if and when you choose enrollment in various free e-courses online, such as that via tm-RealEstateInvesting.com, you'll be provided with automatic notification about great local and national deals as they become available. But be forewarned - you've got to act quickly whenever these deals are announced, because obviously the response is always significant.

Happy Hunting!

About the author:
James Louis writes about things that impact our society. A long time real estate investor, he likes to share his knowledge, insights and tools. One of his favorite tools is the 1031 exchange. For more information visit:
http://www.the-1031-exchange-site.com


Small Business Credit Card Advantages David HallObtaining a business credit card enables the small business owner to separate personal expenses from business expenses. Offering business credit cards to their employees eliminates the need for employees to use their personal credit cards or cash to make company purchases. Employees using a business credit card will not need to fill out expense statements, wait for approval and reimbursement from their company. Transactions are itemized and reported on quarterly statements that make it easy for management to make changes if needed. Business credit cards can be provided to the employees with preset spending limit and helps in controlling employee spending.

One of the main advantages of a business credit card is that it provides efficiency and control over company expenses by consolidating individual expenses. Instead of receiving a flood of invoices and expense statements, the company can receive one expense statement each quarter with itemized employee expense. Also business credit card companies can provide an itemized year-end statement with summary of all transactions. This enables the manager to track expenses very clearly and also simplifies the figuring out of the company tax return.

Business credit cards offer many benefits such as 0% intro APR on your balance transfers and purchases, cash back rewards on business purchases, business travel rewards, no annual fee, online account management and discount on everyday business purchases plus a host of other features and benefits. These bonuses and rewards can lower the company expenses and add up to a significant amount of savings for the company. An important feature of business credit card is the ability to build the company credit standing and receive incremental increases in credit line and cash flow over time.

With a business credit card, employees are less likely to make impulse purchase, because they are aware that the business credit card is company property and should not be used to make personal purchases. Avoid mismanagement of your business credit card by always making payment on time thus avoiding late fees and higher interest rate. Make sure you read and understand the terms of use of your small business credit card.

Business Credit Card Advantages


Business owners are able to manage and control employee expenses

Receive quarterly and annual statements detailing their employee's expenses

Set employees expense limit

As a safety issue, employees have no need to carry cash for company expenses

Quarterly and annual reports which simplifies income tax preparation

Having a line of credit which increase cash flow

Taking advantage of business credit card features and benefits

Online account management


About the author:
About The Author:
David Hall owner of the popular site www.iCreditOnline.comHe has tools for finding a wide range of financial services including secured and unsecured cards, student and business cards, auto loans, and more from the most reputable companies in the industry. You can also compare multiple credit card offers, securely complete an online credit card application, and receive a credit decision in at least 60 seconds. Visit David's site today: www.iCreditOnline.com

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