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2003 by William Bronchick
Published by Dearborn Trade Publishing
A Kaplan Professional Company
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Library of Congress Cataloging-in-Publication Data
Financing secrets of a millionaire real estate investor / William
ISBN 0-7931-6820-1 (7.25 × 9 pbk.)
1. Mortgage loans—United States. 2. Secondary mortgage
market—United States. 3. Real property—United States—Finance. 4.
Real estate investment—United States—Finance.
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CO N T E N T S
1. Introduction to Real Estate Financing 1
Understanding the Time Value of Money 2
The Concept of Leverage 2
Owning Property “Free and Clear” 5
How Financing Affects the Real Estate Market 6
How Financing Affects Particular Transactions 7
How Real Estate Investors Use Financing 8
When Is Cash Better Than Financing? 9
What to Expect from This Book 10
Key Points 10