Bail Out Stalemate. How is this effecting you the Real Estate Investor.

I hope you are doing well. For me, well I'm having a bit of a challenge right now.
With this bail out plan or no plan as the case may be, everything seems to be at a standstill. What should we call this,"Rescue America Bill" or "Bail out The Banks Bill". Some call this "The Invest in America Bill, "The Paulson Plan" Is a Deal or No Deal. I'm so confused. How about you.
I don't really care what they call it, is Congress ever goig to come up with an agreement. If and when they do, how is it going to affect you as. For me as a Real Estate Investor, this is what is happening to me now.

The so called motivated seller seems to put negotiations on hold hoping fore a miracle. Banks aren't lending unless you are willing to jump through numerous hoops, be willing to pay through the nose and can prove you don't need the money. What I crock of bull we need to put up with.

Then of course we have the private money lenders. Mine say thier all tapped out or not willing to let go of it for now. Mean While I will still keep looking for those great wholedealdeals for you.

Thanks for sticking with me. To show my appreciation, go to the link below to download an eBook from a Chicago area appraiser and a good friend of mine,
Jeffrey Knize.

http://www.chicagowholesaledeals.com/ForeandFlips.pdf

Let me know what you think. Please comment below

Subject To And Lease Option Investments

What are they?

Subject To and Lease Options usually go hand in hand, but are completely separate real estate practices. These strategies are glorified buy and holds, with Subject To being the front end (buying) and Lease Options being the back end (leasing and sales). "Subject To" is short for "subject to the existing mortgage." It is a way to control a property by having the seller of the property continue to hold the financing in their name, but give the interest, benefits, and responsibility of the property to the investor. Lease/Options are two separate documents that are used to lease properties out to people who are willing to do more of the roles of an owner and thus receive an option to buy the property at a later date.

Subject To

Pros:

No need to go to a bank for financing
Ability to pick up low owner-occupied interest rates and lower monthly payments
Strong tax benefits
Long-term passive residual income

Cons:

Most deals don't have much equity in them
More complicated documents
Most sellers won't qualify because they are way over-leveraged, terms of their loan are not favorable, or they are not motivated enough to keep financing in their name.
Marketing Advice:

Market in areas where there are properties that have been on the market a long time and lots of houses listed.
Neighborhoods that have newer homes or areas where there is still building going on can be excellent areas to find these deals.
Show credibility with all sellers, but especially with these sellers in order for them to feel comfortable giving you the house but keeping their name on the loan. Joining the Better Business Bureau or local Chamber of Commerce can be great credibility builders. You can also never have enough testimonials from past sellers. Doing honest, ethical win/win deals will help with this more than anything.
Lease Option

Pros:

Ability to get chunks of cash with NROC (non-refundable option considerations)
Long-term wealth building ability
Less tenant management issues than regular rentals

Cons:

More additional forms and education required than regular leases
Tenants who are supposed to be doing repairs to property might neglect them and cause more severe problems
Marketing Advice:

Directional signs at busy intersections near property are very helpful.
A voicemail system to screen possible tenants is a huge time saver.
Large colorful signs with Take One boxes hanging on them are huge.
Use a lockbox instead of showing tenants the property yourself.