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Glad to Be in the Real Estate Business!

by Brandon Reynolds | Jan 13, 2009 | Real Estate Investor Success Stories

Reading all of these success stories has me jealous so I figured it was my turn. In ’89 I purchased the Carleton Sheets No Down Payment course and did NOTHING WITH IT. Then, in ’94 I bought the course AGAIN to get the updated info. Later that year, I...

$72,000 Profit on First Deal

by Brandon Reynolds | Jan 13, 2009 | Real Estate Investor Success Stories

This might be helpful for someone starting out… I began learning about real estate investing January 2000. By August or September, I felt comfortable enough to take the plunge. During that time I got a partner, saved money, and secured financing. A note on our...

Two Duplexes for Nothing Down

by Brandon Reynolds | Jan 13, 2009 | Real Estate Investor Success Stories

The closing date for my first deal will be in two weeks. I purchased two duplexes on the same deed for $124,900. I am getting a second mortgage on the house I live in for the down payment and closing costs and first mortgage and second mortgages on the duplexes. The...

*Newbie* Nets Over $110,000 on Foreclosures

by Brandon Reynolds | Jan 13, 2009 | Real Estate Investor Success Stories

I bought a house that was in foreclosure in June 2000. I paid $2,000 to catch it up. The unpaid balance was $22,000. There were tenants, who were paying $480 per month rent. The loan payment was $220 per month. Every month I had a positive cash flow of $260, which I...

Killer Business Plan Secures $850,000 Credit Line

by Brandon Reynolds | Jan 13, 2009 | Real Estate Investor Success Stories

As a licensed real estate broker, I thought I had learned all the angles about buying real estate. Boy was I wrong. Thanks to Ed Garcia and Terry Vaughan, the How To Get Lenders Fighting To Give You Money Workshop has opened my eyes. The business plan that Ed Garcia...

Great Business Plan Secures $300,000 Credit Line

by Brandon Reynolds | Jan 13, 2009 | Real Estate Investor Success Stories

When my wife and I first started our real estate investing career a year and a half ago doing “Lonnie deals,” we never thought so much could happen in such a short period. Because of all we have learned here on the website, the Main Forum, and especially...
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