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If you expect any level of success you must set goals. If you expect to be successful you must determine what that means to you and the best way to achieve it. There are two basic steps you can take to convert goals into achievements: 1) You can decide on a specific dollar amount and 2) You can set a time frame for obtaining the dollar amount you want. Your goal should be specific and indicate What When and Where. After making a list of every possible way you might accomplish a goal select the method that best suits your situation. If the seller absolutely demands all or part of the down payment in cash do not exclude the possibility of agreeing on a Delayed Down Payment. This tactical move should at least be considered especially if you have already lined up a buyer for a fast resaleDO NOT OVERLOOK SELLERS AS A SOURCE OF INVESTMENT CAPITALThe same person you are buying property from may also act as your lender. Today sellers are lending monetary resources to buyers in almost half of real estate transactions. The borrowed equity is secuured by either a personal note or a second or third mortgage. This method amounts to lending monetary resources to the buying party.
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