Ernie Kessler's Mortgage Hunter Newsletter

Mortgage Hunter Newsletter

By Ernie Kessler

Jobless Cheyenne Man Stops
Family's Eviction -- Pays
Landlord with Referral Fee

CHEYENNE - A referral fee in the nick of time saved Fred Danielson and his family from eviction into the cold Wyoming winter.

Losing his job right after becoming a part-time mortgage researcher gave Fred special reason to go down to the courthouse and find mortgage holders who want their cash right now.

'I wrote to the people I found at the courthouse and called them to see if they wanted cash now for their mortgage, and the third person I talked with said, "YES!"

"He had sold his house a couple of years ago and carried back a mortgage. Now, he needed cash to help him move to another state. He had also been out of work for awhile. which made him anxious to get his cash now -- and I could sure relate to that!"

Fred's landlord became impatient when the rent was late and planned eviction. Fred literally had his landlord call our office to make sure that Fred had money Corning to him -- And he agreed to hold off the eviction three days. And that was enough time for Fred to "flip' the mortgage he found and get his Referral Fee of $3,000 in his hands!

Debbi Danielson, Fred's wife, says he's heading right back to the courthouse to make more referral fees -- he's not planning to look for another typical j-o-b!

Success Stories Inside
Bank Says "No" - Ernie Says ^"Yes!"
When a disabled Florida couple got turned down by the local banker, they got "referred" to us for a mortgage. Ernie said "Yes!" - they got their home right now - and our associate made #3,500. Page 2.

Top 10 Sources of Big Referral Fees
Ernie Kessler highlights ten rewarding ways for you to find mortgages which you pay you thousands of dollars per referral. Story Page 3.

Credit Problems Don't Sidetrack Determined Couple Buying House
No one could stop Bill and Janet Fast after they made up their minds to become homeowners. They followed the game plan, found a bargain priced house, and stopped throwing away rent money. Story Page 4.

Buy Your House Now -- Regardless of Down Payment or Credit Problems'.
Tips so you can find the home, rental, or fixer-upper that Ernie Kessler will fund -- even with no money down and no credit! See Page 3.

Page 2

Disabled Couple Buys Duplex after Banker Refuses Loan

CLEARWATER - Unemployed and disabled, Bob and Rachel Land almost gave up on their chances to buy an income producing duplex after local lenders turned thumbs down on their loan application.

They searched for a bargain property that would make a profit each month and supplement their disability income, and found it in a property that was up for sale due to the death of the owner.

Bob and Rachel offered to buy the property for only $39,000 -. far less than it was worth -- and the heirs of the estate accepted. They just wanted to get rid of a headache.

The monthly rent of $ 750 would more than cover the mortgage and all of the expenses, and Bob and Rachel would make a profit each month.

But local bankers were not willing to make the loan, The Lands applied at two banks that led them to believe they would get the loan -- but even after paying application fees and appraisal costs, they got turned down by both lenders.

Everyone was upset. The sellers figured they would have to find a new buyer and start marketing the property all over again.

Bob and Rachel were about to give up on their dream of building wealth through rental property.

Then they found Chuck Reilly -who had just joined Ernie Kessler's mortgage flipping program.

Chuck brought them to Ernie -- they didn't get charged one red cent --and Ernie very quickly funded the transaction.

Bob and Rachel are excited. They are looking for another rental they can buy with our help. Soon they'll make more in rental profits than in disability income!

And Chuck's really excited, too. After all, he got a $3,500 Referral Fee from this deal -- and he'll get another Referral Fee each time he helps the Land's buy another rental property or fixer-upper with Ernie Kessler's money!

Page 3

Top 10 Reasons People Sell Their Mortgages at a Discount -- You Can Make Thousands in Referral Fees Each Time 1. Death of mortgage owner... heirs want cash now!
2. Problems with bills, needs cash now!
3. Mortgage payments coming in late, owner can eliminate hassles of collecting by getting cash now!
4. Owner moved to another part of the country, worries about problems collecting payments from afar. Decides to take cash now!
5. Owner wants to put money in the stock market or another investment if he can have cash now!
6. Owner needs money to make down payment on another house… wants cash now!
7. Owner needs money to put into his business… wants cash now!
8. Owner getting divorced… wants to split cash now!
9. College tuition due… needs cash now!
10. Owes IRS back taxes… desperate for cash now!

Buy a Home or Investment Now Despite Down Payment or Credit Problems!
By Ernie Kessler

Whether you want to buy a house or investment yourself -- or are helping a friend, relative, or co-worker --it's easy to find real estate that qualifies for zero down funding.

The most important thing to do is find bargain-priced property that you can buy one-third below market.

Ernie is happy to put up the cash so you or your friend can buy the house or property "no money down".

After all, there are only two things that can happen. Either you make mortgage payments each month and we are collecting interest or the buyer decides not to pay for some reason and we have to take back the house. And at one-third less than market value, Ernie Kessler will be happy to hang on to the house as a rental or re-sell it for a profit!

Many members find the best way to find a house that can be bought at a real bargain price is to call the classifieds. Look for ads that say the seller is very anxious to sell.

Sellers anxious to sell due to a death in the family, a divorce, a job transfer, or they are behind on payments normally just want to bail out and don't hold out for top dollar.

Based on the experience of our members, about one out of fifty classifieds is from an anxious seller.

So, if you or someone you know is willing to make the extra effort to find a bargain house -- rather than buy the first full-price house you run across -- refer that deal to us -- and make thousands of dollars for yourself when we fund the deal.

(And, yes, you can get a Referral Fee on your own home, too! Even if you buy "no money down"!)

Page 4.

They Are Moving In Now -- And For "No Money Down"
INDIANAPOLIS - When they first heard they could really buy a home for no money down, Bill and Janet Fast made a commitment to themselves: -- to do whatever was necessary to become homeowners.
They began their search to find a bargain priced house they could buy for one-third less than market value (i.e., 67% LTV).
Knowing that Ernie Kessler would help them come up with the cash, they combed the classifieds and searched through neighborhoods they wanted to live in.
And they found it!
A charming 1 1/2 story home with 2175 square feet of living space, a nice yard and a fireplace.
The sellers were classic ":don't wanters". Tired of being landlords, they just wanted to "get it sold fast!" They were paying the mortgage each month. And kids with too much time on their hands love vacant houses.
Janet and Bill came to Ernie for help. Though they had credit problems in the past, we rewarded them for finding a bargain priced property by funding the home

Double or Triple Your Interest T-O-D-A-Y:

Ernie Kessler pays investors more than double what the banks pay.

Why leave your money invested in bank CD's and Treasury bills earning four or five percent, when Ernie's investors earn 12% - 15% safely and securely on their money.

With a minimum investment of only $5000 -- a seller-carry-back mortgage is perfect to place in your IRA. Or fund your pension with these mortgages. Either way, your interest is tax deferred until you retire!

Call Ernie Kessler at 301-590-1177 for a private consultation to see if private mortgages make sense for you and your family.
ã Copyright 1997 Beacon Seminars & Publishing Company and the Wealth Investment Network. All rights reserved

Ernie Kessler is the Author of Making Money with Mortgages and Advanced Secretes of Mortgage Profits. He also has several how-to courses on foreclosures.

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