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Courses >
Personal Finance & Wealth Building > Real Estate Investing II: Financing Your Property
 Congratulations!
You've found the perfect investment property! Now the real work begins:
How are you going to pay for it? And how much profit will you make?
Financing
your new purchase is hands-down the most confusing piece of the puzzle
for buyers investing in real estate. Where do you go to get a good
loan? How can you be sure that your investment will make money? What's
the best strategy for the market we're in? In "Real Estate Investing
II: Financing Your Property," we'll demystify lending and the world of
real estate finance so you know exactly how to profit from your
investments.
In today's market, you can get burned by not doing
your homework, or by just buying a property and hoping it goes up in
value over time. Few investors take the time to really do in-depth
analysis on a potential investment. Either they don't know how to do
financial analysis, or they find it difficult or unnecessary. Then they
wonder why they didn't make as much money as they hoped, or why they
didn't sell when they should have. Instead, smart investors take a
little time up front to "crunch the numbers" and do thorough financial
analysis before committing to a deal. If you have the right information
and tools, financial deal analysis can be easy, and yes, even fun!
"Real Estate Investing II: Financing Your Property" will help you
uncover the secrets of deal analysis so you can stretch your investment
dollar further than ever.
If you're looking to create cash flow,
invest for retirement, or simply build wealth, you need to understand
how to crunch numbers and make decisions. "Real Estate Investing II:
Financing Your Property" will show you how to improve your borrowing
power, create more cash flow, and maximize your investments.
We'll
also explore what to do if you have credit challenges, are
self-employed, have a heavy debt load, or want to invest in new
construction or commercial property. We'll look at how to easily
perform real estate investment calculations using specially designed
Excel worksheets that calculate investment returns, mortgage
amortization, cash flow forecasting, and many other functions, even if
you're allergic to math!
You'll discover how to find a good loan
officer, what questions to ask when shopping for a loan, and how to
increase your credit score by 30 points or more overnight! You'll
discover a loan that allows you to pick how much you pay each month.
You'll also learn about a new loan product that allows you to pay off
your mortgage in less than 10 years without making additional payments
or paying more than an interest-only payment!
Designed for old
pros as well as novice investors, this practical, straightforward guide
will shine a light on real estate finance and the mortgage industry,
and will walk you step-by-step through the loan process. With special
sections on commercial and construction loans, this course will
demystify the lending process and put you on your way to financial
freedom.
Combined with our first course, "Real Estate
Investing," you'll have all the tools you need to make your real estate
investing efforts a success!
Syllabus:
All
courses run for six weeks, with a two-week grace period at the end. Two
lessons are released each week for the six-week duration of the course.
You do not have to be present when the lesson is released, but you must
complete each lesson within two weeks of its release.
A new
section of each course starts on the second or third Wednesday of each
month. If enrolling in a series of two or more courses, please be sure
to space the start date for each course at least two months apart.
| Week One |
| Wednesday - Lesson 01 |
Welcome
to the fascinating world of real estate finance! In our first lesson,
I'll guide you through a brief history of the mortgage industry, and
then we'll walk through the life of a loan so you understand what
happens to your loan before, during, and after your purchase. Finally,
we'll look at the four areas from which you can gain value or profit
from a property: appreciation, cash flow, amortization, and tax
benefits.
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| Friday - Lesson 02 |
If
you're buying real estate, you probably have some questions about
loans. Where do you go to get the best loan for your needs? And what is
the best loan for you? Today we'll explore some common (and some
not-so-common) loan types, including ARM loans, pay-option loans, and
mortgage checking accounts. We'll also go over how to shop for a good
mortgage broker.
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| Week Two |
| Wednesday - Lesson 03 |
As
you probably know, your credit score is one of the most important
factors in getting a mortgage loan. In this lesson, we'll deconstruct
your credit score and go over ways to improve it. You'll learn how poor
credit can affect your cash flow, and we'll talk about how to remove
errors on your credit report and improve your score in as little as 24
hours. I'll also give you a step-by-step plan for improving and
maintaining your credit so you always get the best deal on every loan.
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| Friday - Lesson 04 |
What
do lenders look for when they evaluate your loan application? How can
you make your application as attractive as possible? In today's lesson,
we'll explore the loan approval process and the variety of ways to
apply for a loan, depending on your circumstances.
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| Week Three |
| Wednesday - Lesson 05 |
Are
you ready to start calculating how your real estate investments can pay
off? We'll turn to some beginning number-crunching in this lesson.
We'll look at how to avoid negative cash flow situations, and we'll
discuss the best strategies for reducing your risk with smart financing
structures. You'll find out if it's wise to buy with no money down, or
if you'd be better off investing some cash from the get-go.
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| Friday - Lesson 06 |
Whether
your monthly loan payment is manageable or not can make all the
difference in your investing activities. But until you get the loan,
mortgage payments can be a bit of a mystery. Do you know how to
calculate your mortgage payment? In this lesson, I'll show you how to
compare payments and loan costs on interest-only loans, ARM loans, and
fixed-rate loans so you can make the right financing decision for you.
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| Week Four |
| Wednesday - Lesson 07 |
As
a real estate investor, you'll probably find yourself constantly asking
the question, "How much is that property really worth?" Today we're
going to discuss the three appraisal methods, and you'll see how
appraisers determine value on different types of property. You'll learn
how to use income to determine value, and you'll find out how to
compare very different properties to one another using an important
calculation called the "capitalization rate."
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| Friday - Lesson 08 |
Maybe
you started off investing in residential property, but now you've got
your eye on office buildings or retail space. If you're considering
investing in commercial property, today, you'll learn how to evaluate
the numbers on these kinds of deals. You'll discover how to apply the
cap rate and cash-on-cash return measurements to actual property
listings. By the end of this lesson, you'll have a strong grasp on how
to analyze a commercial deal.
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| Week Five |
| Wednesday - Lesson 09 |
Let's
get into some more detailed financial analysis! In today's lesson, I'll
provide you with some tools and worksheets that you can use to forecast
your long-term cash flow and expenses. You'll learn how to read an
operating statement and prepare a pro forma. These documents will help
you evaluate and compare deals to see how profitable they'll be so you
can make the best decisions possible!
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| Friday - Lesson 10 |
If
you invest a dollar today, what will it be worth in the future? When
you're choosing properties to invest in, that's an important question
to ask. In today's lesson, we'll discuss the time value of money.
You'll learn how to apply the concepts of Internal Rate of Return, Net
Present Value, and the Profitability Index to determine long-term
profitability. You'll find out just how much you stand to make from
your investments over time.
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| Week Six |
| Wednesday - Lesson 11 |
Your
investment profits can take a hit come tax time, so today, we'll go
over how to use tax deductions, credits, and deferrals to minimize your
tax liability. You'll find out what it means to be a "real estate
dealer," and you'll get tips on how to avoid this undesirable
classification. We'll look at how to file a property tax appeal, defer
capital gains taxes, and use depreciation to your advantage.
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| Friday - Lesson 12 |
Now
that you have all these great new evaluation tools, how do you use them
together to make better investing decisions? In this, our final lesson,
you'll learn how to take everything we've covered in this course and
use it to make the best investing decisions possible. I'll provide you
with a few last nuggets of wisdom, and by the end of the lesson, you'll
have a comprehensive investing plan in writing to use as you go forward
in your investing journey!
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This
course includes a knowledgeable and caring instructor who will guide
you through your lessons, facilitate discussions, and answer your
questions. The instructor for this course will be Josh Fuhrer.
 Josh
Fuhrer is a real estate investor and developer with over 10 years of
experience in single-family homes, affordable housing, and office and
retail properties. He currently works as an independent development
project manager on commercial property, consulting with small private
for-profit and nonprofit developers on development strategies and
construction issues . He has worked on projects ranging from affordable
housing to office condos and mixed-use developments. Josh holds a
Bachelor of Science degree in Liberal Studies and a Graduate
Certificate in Real Estate Development, and he has served on the board
of directors of a nonprofit organization dedicated to helping families
of modest means attain the goal of homeownership.
To purchase this course, click the Enroll Now button below:
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