Economics Finance

Forex training, well there’s much to choose from – how do you know what’s good and where do you start? Do you surf the net for hours – if so, who do you trust? Where do you go? The following are the most commonly forms of Forex training:

- Pay for a Forex training course.

- To surf the net – but how do you know what to look for…when…well when you don’t know what to look for?

- Look to a reputable Forex broker and find one which suits you, your location and offers some good Forex training.

- Buy a Forex training guide and find some complimentary Forex training to develop your trading plan and experience.

- Hire a Forex pro to teach you. Again, expensive and probably not necessary at the beginning.

- Join a Forex training forum – there are many to choose from.

Forex training courses are again really expensive. Having spent a great deal of money on a weekend course (mostly about trading the Stock market) a few years ago, it promised much but never delivered. It seemed to be more like a hyped marketing-led tactic than a serious training event for those who wanted to learn how to trade successfully.

Continue reading ‘Forex Training – Which One Of These Should You Choose?’ »

This is an example of what I call sub equity, meaning the house is worth $130,000 and the person owes $70,000. In theory there’s $60,000 of equity in that property. Again, the seller wants $100,000. We’re going to keep the scenarios fairly consistent.

That transaction is again a way to do a no cash out of your pocket transaction. You would go to a private lender – or even possibly a traditional lender if you had it pre-approved – and you would borrow $70,000, $75,000 or $80,000. You would offer that to the seller.

Let’s say $75,000 to make the math easy. You would offer them $75,000. They would obviously take $70,000 of that to pay off their first mortgage and they would have $5,000 left over in cash. The other $25,000 would come in the form of a “subordinated seller note”. Again, the seller is essentially foregoing $25,000 and will get that over time.

Structuring Seller Notes

The way I structure all of my seller notes is very simple. The example of $25,000 would be $250 over 100 months. If you multiply that out it’s $25,000. So the seller is getting the $25,000. They’re getting the $75,000 at closing and the $25,000 over 100 months.

Continue reading ‘Real Estate Investor: How to Buy Real Estate with Zero Interest Rate Loans!’ »