Tucson Real Estate Resources

I want to share with you some information about a property in Tucson located at 4809 N Fellows Ave. This particular property is for sale and was submitted by one of our researchers, but I'll be using it as an example. If you want to run your own full investor analysis on this property, you can do that using our Offer Generator.

This 3/2.00 1,091 square foot property has an asking price of $78,000, but let's take a moment to do some calculations to see what our actual cost per bedroom would be based on various offer prices (both above asking price and below asking price).

As you can see from the table above, if you know that rents in Tucson can support a certain price per bedroom, you can use the information provided above as a starting point for making your offer. Click on the Price Paid above to start your own analysis on this property using our Offer Generator investing tool.

Have you heard about the new investor loan restrictions from Fannie Mae and Freddie Mac? Investors can no longer hold ten loans, but have been limited to four. For many active investors, this means that we need to find alternative methods of financing our deals. Don't miss out on the great opportunities now available in Tucson. Find out how to raise private money and keep investing despite tighter credit and more loan restrictions.

Until next time,

James

You will need to find a great local insurance agent that understands what you are doing when you are buying houses "subject to" to the existing financing to make sure that property is properly insured.

An Insurance Agent is a key member of your Real Estate Investing Dream Team whether you are buying traditionally or buying "subject to", but since the loan remains in the seller's name, it is important to make sure that your insurance agent writes the correct policy to make sure that you are insured properly.

Remember that insurance premiums can vary widely from company to company for very similar coverage amounts. Be sure to get competitive quotes and to get the quotes BEFORE you buy the property. It is best to know your insurance expenses before you commit to buy a property.

Until my next post,

James

Once you buy a house "subject to" the existing financing, you'd like to be able to sell or occupy the property quickly and with a huge marketing advantage right? Well, being able to offer the property on a "Rent To Own" can give you that marketing advantage and get your property sold or occupied very quickly--especially in our current credit markets.

By offering creative financing options like a "rent to own" to folks with less than perfect credit, but with enough income to afford the property you offer something that only a small percentage of sellers are offering in your market.

Provided you can collect a large deposit toward the purchase and make sure that the

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In my last few articles, I discussed how buying a house subject to the existing financing is similar yet different from leasing a house with an option to buy. I talked about how one is not necessarily better than another, but that each has its advantages and disadvantages depending on what you are trying to accomplish.

Now, I will share with you a strategy for making an offer to buy a house subject to the existing financing where the similarities between "subject to" and "lease options" are used to make a stronger, more understandable offer to a seller.

First, you might suggest in a trail close something like this:

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We just had a researcher submit some very basic information about a house for sale in Tucson to us and I wanted to share that with you. From time to time, I'd like to take a property submitted to us by our users that is for sale and show you how changes in one (or more factors) can affect various aspects of your investing. This particular property submitted for Tucson, Arizona Real Estate Resources is located at 850 W Calle Medina, Tucson, AZ 85756.

Let's take a closer look at some calculations for this 2 bedroom, 1.00 bathroom property located at 850 W Calle Medina that has an asking price of $44,000.

As you can see from the table above, if you know what a typical Tucson property sells for on a price per square foot basis, you can quickly use the information provided above as a starting point for making your offer. Click on the Price Paid above to start your own analysis on this property using our Offer Generator investing tool.

Every investor wants to buy houses below market, but do you know how to determine if the properties that you are looking at are really great deals? Is the house at 850 W Calle Medina a bargain? If you're not totally sure, or if you just want to brush up on your knowledge level, then check out Jassen Bowman's CD on Real Estate on the Cheap: Buying Houses Under Duress. It may open up your eyes to some entirely new sources of deals.

Until my next post,

James

We just had a researcher submit some very basic information about a house for sale in Marana to us and I wanted to share that with you. From time to time, I'd like to take a property submitted to us by our users that is for sale and show you how changes in one (or more factors) can affect various aspects of your investing. This particular property submitted for Tucson, Arizona Real Estate Resources is located at 5467 N Whitetail Rd, Marana, AZ 85653.

Let's look at this 3 bedroom, 2.00 bathroom property located at 5467 N Whitetail Rd that has an asking price of $81,000.

As you can see from the table above, if you know what a typical Marana property sells for on a price per square foot basis, you can quickly use the information provided above as a starting point for making your offer. Click on the Price Paid above to start your own analysis on this property using our Offer Generator investing tool.

Are you the weekend warrior type of investor? If so, you could seriously benefit from having an investment savvy real estate agent in your corner helping you to find deals worth your valuable time (and ultimately money). With all the deals in Tucson you need to look at before you even find ones that meet your basic criteria, it makes sense to get some help from a realtor that understands your personal investing needs.

Sincerely,

James

The title of this article: "What's Better: Lease Options Or Subject To" is misleading because each one has its pros and cons. Neither using a lease with an option to buy or getting ownership and paying on an existing mortgage is always better or worse than the other. In fact, there are times when you'd be better off using one and times when it is to your advantage to use another.

In two previous articles, I discuss how "subject to" is similar to "lease options" and how they differ. In this article I will share an example of when it might be better to use one over another. Of course, there are other examples that you might discover based on your unique transaction, real estate market or personal situation, but here are two examples.

Here's the first example: if you are uncertain about whether a real estate market is going up or down do you want to commit to owning a property? In times when the market has a strong chance of going down, it might be a an advantage to

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In my last article, I shared with you how lease options and buying a property "subject to" were similar. While the mechanics of how they are implemented is very different, both offer you the ability to control a property--without getting a new loan--and, if you market and structure it correctly, can allow you to profit both on an up front deposit, on-going monthly cash flow and a large back end pay day when you sell the property.

So, what is different between using a lease with an option to buy and buying a property "subject to" the existing financing?

First, when buying a house "subject to" you are actually getting the deed to the house which will make you the owner of the house. This may give you

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