REI Maverick
This blog is dedicated to providing valuable information to the real estate professional looking for 'out of the box' solutions to today's unique real estate challenges.
RECENT BLOG POSTS
In just a few weeks I am releasing a program that teaches investors how I have created a hugely profitable mortgage assignment business and how they can do it too. I'm going to tell you all of the secrets to my success and give you all the tools, the scripts, the whole enchilada; this is by far ...
01/17/2011
Acquiring real estate "Subject To" is an investment strategy that allows investors to acquire a property with little or no money out of pocket by leaving the seller's existing mortgage in place. More simply, the investor does not have to get a loan through a bank or hard money lender to buy the ...
01/17/2011
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Flipping houses has come to be somewhat of a slang term in real estate investing used to refer to any type of deal (i.e. wholesale, rehab, mortgage assignment, etc.) that is done in a quick manner. For the purpose of this writing I am going to focus on the 'true' flipping house strategy also kno...
01/17/2011
In a simple answer yes! I do it all the time. And the best part is, we are in the best time ever for investors to profit using an assignment of mortgage note. And here is why: The Perfect Storm For The Assignment of Mortgage Note: Over the last year we have seen foreclosures hit an all-time high...
01/17/2011
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Every single day people decide that they want to get into real estate investing. They buy books, sign up for courses, go to seminars, and make a lot of plans, but then they never make a dime with it. Why? Well the answer is easy: they learn the how-to of investing, but they never put that knowle...
01/17/2011
A mortgage assignment is a document which indicates that a mortgage has been transferred from the original lender or borrower to a third party. A mortgage assignment is most commonly seen when lenders sell mortgages to other lenders, in the secondary market. Is it the same as an assumable mortga...
01/17/2011
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Put simply a wrap around mortgage is a new mortgage that is created on a property that "wraps around" an existing mortgage. Wrap around mortgages, or 'wraps,' are typically used when selling a home with owner financing Here is an example that uses a Wrap Around Mortgage: Value of Home: $150,000O...
01/17/2011
Real Estate Resources
Phill Grove has been called the most successful residential real estate investor in post-bubble America by dozens of today’s top guru’s. He has conducted approximately $200M in real estate transactions – using non-traditional investing methods such as mortgage assignment, short sales, equity partnering, auction-options, wraps, swaps, and other methods – many of which he invented and/or pioneered for the industry.
Phill Grove is also the Founder and President of Love American Homes, and Hippie Hollow Homes, LP of Austin, Texas. These companies provide real estate services to investors and real estate agents nationally. Services include short sale transaction processing, partnering, training and mentoring, marketing services, mortgage assignment (sub-to and owner financing) assistance, and more.
Since 2003, these companies have managed over 1000 short sales, and bought, sold, and/or renovated over 100 foreclosures, renovations, and construction projects working with over 100 partners and clients.
Phill Grove has also personally trained and coached hundreds of Real Estate Investors on the "12 Ways to Buy and Sell Real Estate", as well as marketing and lead processing strategies that work, and business planning strategies needed to build a successful real estate company.
He is currently mentoring numerous students through the Love American Homes Mentoring Program.
For more information about Phill, please visit http://bit.ly/hgq4Sb