Schrotenboer, B., (2020, May 12). US is printing money to help save the economy from the covid-19 crisis, but some wonder how far it can go. Retrieved from https://www.usatoday.com/in- depth/money/2020/05/12/coronavirushow-u-s-printing-dollars- save-economy-during-crisis-fed/3038117001/ February 15, 2022 y 15, 2022 Business Article: HOW TO CREATE WEAL TE WEALTH BY INVES TH BY INVESTING IN REAL G IN REAL ESTATE Real estate investing is one of the best ways to build wealth. Once you decide to become a real estate investor, the next step is to identify where you are today. After you developed a dream line in place, you can make the plan to reach those dreams by having a vision, mission, and the type of real estate you will specialize in buying, and the criteria you use for choosing your real estate investment. If you have an equity in your home, you can refinance your mortgage loan when the interest rate is low and while the housing bubble is still ongoing. Real estate investing does not always have to go the conventional route. If you want to get started investing in real estate but don’t have a lot of cash, you could think about a Subject To deal. It means you are just taking over the payments for the existing mortgage, and the seller will deed the property over to you. This way you are not taking out any formal financing, but you and the seller will have a written contract that the deal is subject to you taking over payments on the original mortgage. You can then agree to give the sellers a lump sum when you sell the property. Divorcing homeowners sometimes want to let you have the house for taking over the loan because the parties are not speaking to each other. It could be a pre-foreclosure property, where the owners are unable to make payments anymore and need help fast. Or possibly a job transfer, and the owner is now carrying two mortgages. You are offering the owners a fast solution. He does not need to put the property on the market and wait until it sells. Some of
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