Bank Busters eBook & Audiobook only (no e-course)
When the banks say "no, you can’t..." Bank Busters says "YES, you can!!!"
Have you ever
... thought about owning your own home, investment property or commercial building?
... felt like you're throwing away your hard earned money on rent, while making the landlord rich?
... wished you could buy a property on your own, without using a bank?!
If you answered YES to one or all questions, you've come to the right place!
To all the people who dream of owning their own home, investment property or commercial real estate...
I believe you and Bank Busters are the right combination for your real estate success!
Creative owner-financing is one of the fastest growing trends in real estate, yet it’s nothing new.
People have been buying real estate from owners since real estate land and properties have been exchanged. Every such transaction involves a seller and the buyer, but not every transaction requires a third party—the bank—right at the start.
Traditionally, people go to the local lender or mortgage company or they apply online for a mortgage. The bank does a credit check, and if a potential buyer is approved, the bank provides a loan.
The buyer is then able to purchase the, say, $100,000 piece of property over thirty years for… $250,000... $300,000 - depending on the interest rate.
The bank makes money on the interest rate for thirty years, the seller gets his money upfront, and the buyer pretty much loses.
Buying a $100,000 piece of property for more than twice that asking price is hardly a reason to smile.
Yet, for way too long now, buyers and sellers have wrongly believed that they cannot own, control, or acquire real estate without help from a bank—and that’s a bold- faced lie.
Why wouldn’t these individuals be straightforward and above board?
Because with Owner Financing, sellers don’t always need a realtor or broker. If these professionals are not involved in the transaction, they do not earn their commission, which can be as high as 5, 7, or—with some commercial properties—even 10 percent of the sale price.
Recently I have come across real estate agents, some brokers, and many buyers who have been told by licensed real estate professionals that land contracts are illegal and no longer viable in the US and/or in the twenty-first century. This is bold-faced lie number three.
Another reason these real estate professionals aren’t open and straightforward about such creative financing is that they do not fully understand Owner Financing, refinancing, land contract lease options, and rent-to-owns. Some of these professionals don’t even know their state’s laws regarding Owner Financing.
Maybe… just maybe… that’s why the National Organization of Realtors (NAR) Realtor Magazine on recently published an article titled “Why 400,000 people (with student loan debt) aren’t buying.” Once again the Realtors and Banks are saying, “No, you can’t acquire real estate.” But Bank Busters is saying, “Yes, you can!”
And that’s where we step in.
We at Bank Busters are experts in creative owner-financing options.
We know the law, and we’ve seen people use creative financing to amass multi-million dollars’ worth of real estate holdings.
These lesser known approaches to real estate transactions allow individuals to acquire real estate with very little or no money down.
Welcome to the Bank Busters Online Course:
"Buying Real Estate without a Bank!"
In this 8 Module Course, you will get:
The Basics of Owner-Financing
The background story of Bank Busters. What is Owner-Financing? How to get started?
Guide to Making Purchases
Where to find property owners? How to make cold calls and deal with the rejection?
Helpful Samples
What kind of contracts will you need? How to come up with the best deal for both sides?
If you are one of those potential buyers, know that Bank Busters will show you the way!
After all, in real estate—in any industry—knowledge is power. I have both the knowledge of and experience with creative financing, and I’ve decided to share that knowledge—and the power that it gives— with anyone who will listen.
Your Instructor
I bought my first property in the early 1990s on Lake Avenue in Barberton, Ohio, and I continued my real estate investing endeavors into the early 2000s. During that time I got my real estate license in Ohio and later became an Ohio real estate broker. Through the years—through a quarter of a century!—I have bought dozens and dozens of real estate properties with Bank Busters creative financing, whether Lease Option Rentals or Land Contracts.
In 2005 I put my real estate on hold. My family suffered a major tragedy: my oldest child of five—Mark Junior—passed away at age 18. We were devastated in all areas. After a year of time in deep grief, difficult but important recovery work, and much prayer, my family and I decided to take a position as a project manager overseeing a multimillion-dollar high-rise project in Panama City Beach in 2006—and stayed until after the BP oil spill in 2011-12.
Looking back some twelve years later, I clearly see that it was a very good move for my family not only on our healing journey but for my business and my real estate experience as well. (After a period of time, we—as a family—established an outreach ministry in Mark’s memory. More at wevegothope.org)
While we were in Panama City Beach, I learned a lot about tourism real estate as well. By God’s grace, I also gained the financial resources to begin to develop the Bank Busters program, a project I’ve been planning for several years.
Course Curriculum
Frequently Asked Questions
