Tuesday, March 1, 2011

How to Build Townhomes for No Money Down

Trace Trajano was the guest-expert on TV on the Global News Network
(http://gnnchannel.com/). One of the viewers sent a text message
asking how he can build townhomes for "no money down". He said
that he inherited 2 lots and he's thinking of building 6 townhomes
on them.

Here's Trace's answer:
1. Sell one of the lots to raise some cash
2. Use this cash as downpayment to get a loan to build 3 townhomes
3. Sell two of the townhomes to pay off the debt (mortgage)
4. Keep one of the townhomes for cashflow (and since there's no more
mortgage, the cashflow on one townhome is HUGE!)
NOTE: you have to get 3 titles for the 3 townhomes so you can sell them...

In that TV guesting, they also interviewed Trace's students. Two of
them are Grace Pekson and Lynn Monsanto.

Grace Pekson is Trace's student who became a real estate millionaire
the fastest. She became a real estate millionaire in just 5 months!
Grace told me yesterday that she has already earned her second million in
real estate and what's amazing is that she earned her second
million in just 2 months!

Lynn Monsanto earned P850,000 already in just 3 months. Her goal
is to surpass Grace and become my student who became a
real estate millionaire the fastest.

Both of these ladies first met Trace at his real estate seminar. And
their lives have been changed forever.

Trace want to change our life too. Attend on March 9, 7-10 PM
at his first ever "Quick Cash Real Estate Seminar". Here are the
details and how you can sign up.
http://buyfirstdeal.ning.com/events/quick-cash-real-estate-seminar