Just got an email from Alex Gurevich:
From: Alex Gurevich
Real Estate Magic ezine
Hi Andrew,
Don’t miss tonights call with Pat Gage on:
“The 47-Day Blueprint To Raising Unlimited
Money For Your Business ”
Pat will show you how he has mastered the art
of getting bank credit business lines without
relying on his personal credit.
Check out this page to register:
https://www2.gotomeeting.com/register/636207557
Also, take a look at yesterday’s email below for more
information on Pat.
-Alex
_________________________________________________________
Hi Andrew,
Wednesday night will change your business…
I’m sure you read or at least heard of the $700
billion dollar government bailout of defaulted
mortgage loans.
It’s bad news for taxpayers. It’s also GREAT news
for real estate investors.
When the government takes over non-performing real
estate and mortgage assets, they create departments
in charge of converting them into cash as quickly
as possible to return the bailout money back to
Treasury.
The only way to convert so much as $700B in assets
into cash is to heavily discount them to attract a
lot of bargain hunters with cash.
Some of us are old enough to remember a HUGE real
estate sell off by RTC and FDIC in the late 80s & early
90s.
It was called “the Savings and Loans bailout”. It
created more real estate millionaires than any other
period since then.
But, and it’s huge BUT, to participate in buying
assets from the government you’ll have to be loaded
with cash.
Moreover you’ll do better to have multiple
sources of cash to fund your purchases, as mortgage
credit has already tightened up and will further be
harder and harder to get.
The bigger the real estate sell off, the more the
mortgage lenders are afraid of property values dropping
further, and the less willing they will be to loan
on properties.
So,NOW is the time to think and execute a plan for
getting alternative sources of credit lined up.
That’s why I thought this week on our training call
I’ll introduce you to a man who mastered the art of
getting bank credit business lines without relying
on your personal credit.
On our training call he’ll show you his multiple
accounts he established with variety of banks and
finance companies where he can write a several
100 thousand dollar checks without having to ask
ANYONE, or even explain the purpose for which he
is using the money.
And that’s the position you want to put yourself
in when you get ready to capitalize on the
government sell off of assets.
FYI: Pat went to grad school and they did not
teach him this stuff there. He had to figure it
out by himself.
You can register for the call below.
======================================================
PRESENTER: Pat Gage
TOPIC: “The 47-Day Blueprint To Raising Unlimited
Money For Your Business ”
WHEN: Wednesday Night, March 25th, 2009
For more info and to register for the call go here:
–>> https://www2.gotomeeting.com/register/636207557
======================================================
-Alex
Real Estate Magic e-zine
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