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Wise real estate purchases generate income and equity!

MMAP

Click to hear the interview on the Homework Houston Radio Show.
MAP System members purchase a particular style of Houston home with little or no money out of pocket. They lease these homes to Houston families at a profit. The homes generate income, instant equity and appreciate in value year after year.

A typical purchase involves a home with an after-repaired value (ARV) of $100,000 to $120,000. These homes are purchased for around $70,000. Repairs and upgrades are made and the home is restored to its proper market value. The purchaser receives at least 10% equity or $10,000 or more. Plus, the home generates around $150.00 in monthly income.

The repairs and closing costs are rolled into a unique mortgage developed exclusively for the MAP System by Gulf States Mortgage. It requires no down payment and allows MAP members to retain their capital and purchase more houses. The only fees required to purchase the properties are appraisal and inspection fees totaling $1,000 to $1,500. Many buy their properties with no money out of pocket at all. MAP members attribute much of their success to that loan and their ability to buy more houses.

The home with an after repair value of $100,000 nets the buyer $10,000 worth of equity and an annual income of around $1,500. The out of pocket expenses are around $1,500. That’s a significant immediate return and the property will appreciate at least 3% per year adding $3,000 in equity each year! You can see why MAP members like to purchase multiple properties.

In fact, many MAP members are involved in a 5 year plan to acquire 20 houses. If they are purchased according to MAP guidelines, conservative estimates show a return of close to a half million dollars in cash and equity with out of pocket expenses of around $30,000 over the 5 year period.

“That’s life changing,” according to MAP founder Ray Hunt. “That can bring a spouse home from work or send a child to college or fund a comfortable retirement,” said Hunt. “We’re dedicated to helping our members achieve that kind of financial security.”

The MAP System is a group of professionals from every area necessary to complete a real estate transaction. The professional involved include insurance, Realtors, inspectors, mortgage companies, title companies, appraisers, accountants and contractors. They help MAP members understand successful real estate strategies and assist in the acquisitions.

The MAP System is accepting new members. Call 281-397-9708 to reserve a seat at their next introductory workshop. Register online at www.themortgagemanager.com.

The MAP System: 281-397-9708

Web link:
www.themortgagemanager.com

Have a question about real estate investing? Email Ray Hunt by clicking here.