Little Known Secrets for Your Writing Ambitions
Everything changes when you finally become an “author”. But the process isn’t easy. Learn the 3 publishing options for aspiring authors and which makes the most sense for your topic and your audience.
Here’s a detailed list of topics covered in this full-length audio program:
Prepayment Penalties & Indexes
- Why many people who have prepayment penalties don’t even realize it themselves.
- Learn which programs commonly have prepayment penalties and which NEVER do.
- Learn how to calculate 3 different prepayment penalties for yourself.
- Find out when a prepayment penalty won’t cost you a cent and you might even save money!
- Understand the difference between a “hard” and a “soft” prepayment penalty.
- Find out how much extra you can pay each month without it counting as a prepayment.
- Be introduced to the LIBOR index as well as the MTA, COFI, COSI and CODI.
- Find out which index is the most volatile and which ones generally move the slowest.
- Learn when the most volatile index will actually save you money.
- Learn when the slow-moving indexes make the most sense and which lenders offer them.
Signing the Loan Documents
- Find out why the signing process is more intimidating today than every before.
- Learn which two forms are the most important and where to find them in the stack.
- Find out the best place to confirm that the fees you’re being charged are accurate.
- Get examples of fees that can legitimately come up at the very end of the process.
- Understand why an “impound account” can significantly increase your closing costs.
- Find out where to find your Note and what information you will find on it.
- Learn what 2 places you need to check to ensure you understand your prepayment penalty.
- Understand what “riders” are and what information you’ll find there compared with the Deed.
- Find out what the most regulated form in the industry is and what information it will tell you.
- Find out why there are 2 sets of instructions in the loan package and which ones are important.
- Learn how many days you are afforded legally when you do a refinance transaction and why.
Strategies for Investors
- Understand the 3 different categories of real estate investors and what differentiates them.
- Learn what motivates each of these categories and which loan programs they tend to use.
- Find out the biggest challenge getting financing for someone who’s just flipping properties.
- Learn why these types of short term investors don’t mind paying exorbitant interest rates.
- Find out which loan programs are popular for the medium term investors and why.
- Learn how the minimum payment on a negative amortization loan goes up every single year.
- Find out when you start losing money every additional day you keep the property.
- Understand the limits of negative amortization financing and the down payment requirements.
- Learn how the increasing minimum payment structure can threaten cash-flow over time.
- Find out the 2 ways you can document rental income and the disadvantages of each.
- Learn how negative cash-flow properties make it harder and harder to buy more properties.
- Get tips on 3 hot real estate markets and guidance on where you can find more.
- Learn how some of the promoters are using deceptive figures to justify further investments.
The Future of Interest Rates
- Be introduced to the predictable spending cycle people go through during their lives.
- Learn how the Baby Boom generation has caused a huge financial wave in their wake.
- Understand why the high interest rates of the late 70s was caused by young Baby Boomers.
- Learn why the dropping interest rates ever since can also be tracked to the Baby Boomers.
- Find out why the stock market peaked in 2001 BEFORE interest rates bottomed in 2003.
- Get the results from a sophisticated economic model for future interest rates and house prices.
- Find out how high interest rates are expected to go before they start dropping again.
- Understand why real estate is still a great investment, even if interest rates are rising.
