Owner Financing: Subprime Market

Now that the subprime lenders are dropping like flies, who is going to finance the houses for those with less than stellar credit? You are! At least you could be. What an opportunity.

This class is not for everyone. To take advantage of this opportunity, you should have 700 or better credit scores and 20% percent down payment.

Learn how to fill the void in this niche market and how to do owner financing for subprime borrowers. Wrap mortgages without worrying about the due on sale clause while staying in Compliance with existing law.

Arnie Abramson is president of Valugistics Corp. that has been buying and managing houses within a 250-mile radius of Dallas since 1991.  He previously had a successful career in financial planning where he was the founding member of two different chapters of the International Association of Financial Planners.  He has taught investments in the LSU system, in adult education courses, and in the preparation course for the CLU designation as well as scores of seminars on investments and financial planning.

  His company owns Homerica Real Estate Services, Inc. that specializes in management of residential real estate for investors that do not want the day to day responsibilities of tenants.  Additionally, Homerica provides their clients with owner finance options that comply with State law changes and solutions to due on sale clauses.

  He also was vice-president of marketing for a management company that marketed public Real Estate Limited Partnerships and conducted many seminars and due diligence meetings to members of the investment community and their clients.

  He currently belongs to all the real estate investment clubs in the Dallas area where he is a frequent speaker as well as a speaker for investors in Portland, San Diego, and New York-New Jersey.  He is past president of the Texas Real Estate Investors Association and is a member of the Board of the PAC for RE investors in Texas. His firm has been cited for good works by the Dallas Housing Authority and its director, who now is Secretary of HUD.

 Over the years, Arnie has purchased packages of houses for his own account and for other investors.  As a result, he sees blocks of houses for sale that are not shopped around in the investor community. These houses, if they meet the positive cash flow criteria, are offered to investors that are clients of Homerica Reale Estate Services, Inc.  Usually, they are already rented and enjoy positive cash flow.

Name Sales End Price
Pre Registered: Primary Members Ended $29
Pre Registered: Secondary Members Ended $19
At the Door: Seconday Members Ended $29
At the Door: Primary Members Ended $39
Yearly Event Pass (must present at door) Ended Free

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