Friday, June 25, 2021
Dear Your Overseas Dream Home Reader,
It’s one of the best things about being a real estate investor….
Since properties generally cost a lot of money, you have to use financing to buy, and this means you benefit from a true “money miracle”….
You see, financing gives you leverage and that lets you multiply your profits many times over.
Let me show you what I mean….
In 2013 I recommended an apartment to RETA members in La Duquesa on Spain’s Costa del Sol….
The price then was €95,000. Most recently, I’ve seen pricing of €245,000.
Assuming you bought with cash, you’d be sitting on a 157% gain. Not bad at all.
But now imagine using financing instead….
Say you pay a 20% deposit (that’s €19,000) and you get financing on the remaining €76,000 at 2% (that’s €1,520 per year).
So after seven years, you’ve paid in a total of just €29,640 (€19,000 plus seven times €1,520).
That makes your return on money invested is a whopping 726% and that’s the miracle of leverage!
Add potential rental income and your return soars even higher.
Plus, since you didn’t invest all your €95,000 in the beginning, you’ll have had more capital to invest in other stellar deals.
While this looks fine in theory, perhaps you’re wondering if it’s even possible for a foreigner to get financing overseas?
In fact, it’s easier than ever before and you can read about in a report I’m giving you FREE access to called “Other People’s Money: The Miracle of Leverage Can Make You Rich.”
I’m giving you FREE access to this report as part of the build-up for an online event I’m hosting for RETA members next week called How to Profit from the Global Real Estate Boom.
Stay tuned…
Wishing you good real estate investing,
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Ronan McMahon, Real Estate Trend Alert
Your Comments and QuestionsKim says: Hi. How do I get involved or find out more about the deals that I’ve seen in the newsletter? Thank you. Ronan says: Hi Kim. Simple. You just need to become a RETA member. Once you’ve signed up, you get access to every available RETA deal and will automatically be notified about upcoming opportunities you can act on, along with the complete reports on each deal. And from tomorrow, you can gain access with a special membership offer. So watch your inbox closely. |