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Easy Creative Real Estate Financing Techniques with Quick Closes as Illustrated by Mel Feller
Mel Feller has been involved in the industry for almost 40 years. He is an active investor across the United States and currently coaches and both real estate investors and Realtors. He is also an online adjunct professor.
Mel Feller knows that many real estate investors’ favorite acquisition technique is with owner financing, but that usually requires a free and clear property. How many of those free and clear properties come along with a motivated seller attached? Certainly, there aren’t as many as we would like. Then there’s buying with cash…most real estate investors would rather save that resource for the killer deals that have to be closed quickly in exchange for a massive profit.
For houses with an existing mortgage, a large amount of real estate investors’ favorite way is to purchase the property “subject to” the existing mortgage. It’s a great way to buy pretty houses without spending a pretty penny. Simply put, you, as the investor step into the seller’s position and begin making their payments at an agreed upon date. The ownership of the property is transferred to your entity or you and the mortgage remains in the seller’s name until you, or more typically your tenant/buyer, pays it off when they obtain new financing and purchase the home.
Close in a matter of days.
Why is this a good deal for the seller, you ask? The first thing you have to remember is that successful investors only deal with motivated sellers! This is a good deal for the seller because you can close within a matter of days as there’s no lengthy loan qualification and approval process. Additionally, you can typically pay them a higher price because you don’t have any financing costs.
Banks want payments, not houses.
When a loan, which is an asset, becomes delinquent, the lender’s income stream is interrupted. When their assets become non- performing, the lender is required by the Fed to increase their reserves. These reserves reduce the amount of capital available for new loans. So, does the bank prefer payments or would they rather foreclose and take the house back? The easy answer: with foreclosure costs running at about $40,000 per house and defaults at moderate to high levels, banks want payments, not houses!
Broadest range of exit strategies.
Finally, why is it good for the investor? First, there is no funding cost. Second, since the loan is not in your name it doesn’t appear on our credit report. Third, your creditworthiness doesn’t come into play because you are not qualifying for a new loan. But the best reason is that “subject to” transactions offer you the broadest array of exit strategies!
No limits.
Additionally, even if you have a super credit score, most lenders will limit you to a maximum of number of 4 loans (if you can get them) and you’ll be required to make a substantial down payment (25$– 30%). If the loans aren’t in your name and you don’t have to qualify for them, just how many of these transactions will you be limited to? That’s right, no limits!
The smart real estate investor’s preference is to be a “transaction engineer” rather than a specialist in any one area of investing. They love finding profit opportunities in all types of transactions from pre-foreclosures, renovation projects, owner financing to split funding. However, a core element of their acquisition’s strategy is using “Subject to” transactions and it should be a critical part of yours.
#Real Estate#creative real estate#creative real estate financing#financing real estate#mel feller and real estate#mel feller#mel feller real estate coaching#mel feller investing#real estate investing#mel feller in texas#mel feller in dallas#mel feller in oklahoma#Mel Feller in Oklahoma City#Mel Feller Facebook#mel feller linkedin
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Easy Creative Real Estate Financing Techniques with Quick Closes as Illustrated by Mel Feller
Easy Creative Real Estate Financing Techniques with Quick Closes as Illustrated by Mel Feller
Mel Feller Loves Creative Real Estate Investments
Mel Feller has been involved in the industry for almost 40 years. He is an active investor across the United States and currently coaches and both real estate investors and Realtors. He is also an online adjunct professor.
Mel Feller knows that many real estate investors’ favorite acquisition technique is with owner financing, but that usually…
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#creative financing wit mel feller#creative real estate financing#creative real real estate#mel feller facebook#mel feller in dallas#mel feller in oklahoma#mel feller in oklahoma city#mel feller in texas#mel feller linkedin#mel feller mpa ma#mel feller real estate coaching#subject to properties
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Mel Feller and Multiple Secrets To Success
Mel is the President/Founder of Mel Feller Seminars with Coaching for Success 360, Inc. and Mel Feller Coaching. Mel Feller maintains offices in Texas and Oklahoma.
Like you, leadership expert and business author Mel Feller has seen the word leadership defined numerous ways over the years. Is it charisma and positive thinking? Pinstripes and red power ties? Decisiveness? Is it all about the situation? Is it meant only for the elite who rise to the top? Alternatively, is there a different story?
With over three decades of executive coaching, speaking, and most importantly, real-life, in-the-trenches business experience, his view is radically different. Mel Feller appreciates, and shares with listeners, that leadership is a moment-to-moment choice and not about title, tenure or position. Leadership is for everyone, every day. It is how we should live our life
Mel Feller sometimes referred to as the “Provocateur” for his ability to stir up a group or as the “People Whisperer” for his coaching skill that brings out the best in people, is known for his practical, street-savvy style; Mel Feller’s fusion of real-life stories and his conversational techniques connect with his audience at an intimate, intense and individual level.
He has shared the stage with U.S. Presidents Reagan, Bush and Clinton, U.S. Senators Jake Garn, Ted Kennedy, Robert Byrd, Orrin Hatch, John Glenn and Bob Dole. Hollywood stars such as Martin Sheen, Ben Johnson, John Agar, Royal Dano and Harry Cary Jr., and business greats such as Zig Ziglar, Robert Kiyosaki, Charles Givens, Tom Hopkins, Stephen Covey, Adam Ginsberg and Susie Orman. Mel also hosts his own radio show in Texas called “Multiple Secrets to Success” that focuses on both personal and professional tools in order to excel in life and business.
Mel Feller has over three decades of coaching and consulting experience in diverse industries, which provides a rich framework for his organizational insights and creative solutions. He brings a thoughtful approach to his work, carefully integrating both his coaching and consulting skills and abilities. When consulting, his focus is on “what you are doing” (i.e., goal setting, problem solving, taking action and achieving results). When coaching, his focus is on “who you are being” (i.e., how you are leading, aligning your values and tapping your gifts). As a client, you will become more consciously aware of how paying attention to — and balancing both — are critically important to your success.
#mel feller#secrets to success#mel feller and secrets to success#mel feller mpa#mhr#Success#success with mel feller#mel feller and real estate#mel feller real estate coaching#mel feller in texas#mel feller investing#mel feller in dallas#mel feller in oklahoma#Mel Feller in Oklahoma City#mel feller facebook#mel feller linkedin
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Mel Feller Recommends Tools for Dealing with Criticism and Rejection in Your Business and Personal Life
Mel Feller who is a successful entrepreneur/educator and online adjunct has been in business for over 3 decades. He personally has gone through personal and business ups and downs. However, one key point is that no matter the ups or downs and the criticism gleaned from those events; we must learn from each and accept rejection with a positive bent.
However, sometimes we’re so fearful of being criticized or rejected that we keep our creativity bottled up and we don’t let it out. Then there are other times we constantly adapt to what we create, focusing only on our surroundings and reflect on what they seem to be liking or disliking this particular week. Then we end up feeling like we’re not ever truly expressing our creative and entrepreneurial instincts.
Mel Feller Defines Tools for Dealing with Criticism and Rejection
First, Mel feller recommends that you always be open. You may be hoping for a specific reaction or response to your work, or a specific result of a business or personal action or decision. If you’ve done your best and you’re rejected or criticized, you might feel that you’ve “failed”, and it’s probably hard to see anything positive about the situation. Try to be open to the possibility that this “failure” is actually leading you to something else, usually better than what you thought you wanted. My personal belief is that any rejection is God’s protection.
Second, you must be consistent. Keep going, keep doing the little things every day that keep you imaginative and that keep you inspired to people and to your customers. The dramatic moments and big wins and losses will come and go. Have a steady routine you can keep coming back to, and this will help to place any criticism or rejection into perspective. Today is a new day, and it is our today’s that create our tomorrows.
Thirdly, you must remain focused. Always keep your end goal in mind, and always be mindful of why you’re doing what you’re doing. That will help you focus on the big picture and not get tripped up by each bump in journey to success.
Fourth, you must become and remain resilient. Remember that your sense of self-worth comes from inside of you. When you’re able to be confident in yourself regardless of the feedback you get from external sources, you’re able to bounce back much more easily from any negative feedback that you may encounter. The bottom line is be true to yourself. You ARE NOT DEFINED by your last mistake!
Fifth, remain positive. Focus your attention on the positive things in life and you’ll attract more of it. This is the premise of the “law of attraction”, and I’ve certainly seen it work in my own life. Receive the positive feedback you hear and replay it over in your mind whenever you need to. Constantly be thinking and acting in a positive manner.
Sixth, you must be of clear mind. Continually to approach constructive feedback with an accurate perspective, not disarrayed with thoughts from your own inner critic. Make it as a supportive tool for your own growth and remember that ultimately the only opinion that matters is your own — because you need to be happy with what you’re actually doing in your life.
Seventh, remain being grateful. Be gracious to your critics, accept all of the feedback you receive, sit quietly and let it sink in. Be grateful to be actively creating, more importantly, to have gotten past the fear and other roadblocks in your daily actions. Be grateful for the opportunity to have your work seen and heard. Most people and entrepreneurs never receive the chance.
Eighth, remain being responsive. Always think through consciously what to do with the feedback prior to responding, instead of reacting with the first thought or words that come to mind. In other words, always think before you speak.
Ninth, you need to be selective. Once you’ve decided what to do the feedback you’ve received, be selective and willing to let go of the hurtful feedback. It is not worth taking it seriously. This usually doesn’t have anything to do with you anyway; it’s a reflection of that person’s own happiness, state of mind and comfort with themselves. Generally, they tend to be very unhappy. Like me, just turn your back and walk away from any all negativity. Life is to short to surround yourself with negative people and thoughts.
And finally, remain loving. Be loving of your critic and ESPECIALLY of yourself. Plan some self-care indulgences for the day of the criticism and rejection. Regardless of the outcome, you deserve it! I recommend celebrating with other positive people. People can not control you if you refuse to allow them.
Remember success is built upon your own resolve, it is not managed by anyone else’s opinion. This is why success is never a straight road to the top. None of us would be nearly as successful as we are without the criticism and rejection of the pessimists, the tough rejections or the harsh criticisms. It all depends upon what you choose do with it. To be a standout success you must control your emotional reactions and turn all of the criticisms and rejections to serve as your greatest advantage. Most importantly, see the value in all the criticism and rejection and be appreciative.
Mel Feller’s final word of advice; Success, at the end of the day, is your greatest revenge. Be sure you are the last one standing.
#Success#resolve#criticism#rejection#rejection and crisis#mel feller#mel feller in texas#mel feller in dallas#mel feller in oklahoma#mel feller ma mpa#mel feller facebook#mel feller linkedin#success with mel feller#mel feller coaching
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Credit Improvement Methods by Mel Feller MPA, MHR
Credit Improvement Methods by Mel Feller MPA, MHR
Credit Improvement Methods by Mel Feller MPA, MHR
Mel Feller is the President/Founder of Mel Feller Seminars with Coaching for Success 360, Inc. He also owns Mel Feller Ministries. Mel Feller is an Innovator, Business Leader, Investor and Entrepreneur. Mel Feller is currently working closely with his son-in-law and partner on an incubator for young entrepreneurs. Mel Feller currently maintains an…
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Reasons to Consider Virtual Office Space by Mel Feller MPA, MHR
Reasons to Consider Virtual Office Space by Mel Feller MPA, MHR
Reasons to Consider Virtual Office Space by Mel Feller MPA, MHR
Mel Feller is the President/Founder of Mel Feller Seminars with Coaching for Success 360, Inc. He also owns Mel Feller Ministries. Mel Feller is an Innovator, Business Leader, Investor and Entrepreneur. Mel Feller is currently working closely with his son-in-law and partner on an incubator for young entrepreneurs. Mel Feller…
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Success in Finding Buyers for Your Real Estate by Mel Feller MPA, MHR
Success in Finding Buyers for Your Real Estate by Mel Feller MPA, MHR
Success in Finding Buyers for Your Real Estate by Mel Feller MPA, MHR
Mel Feller is the President/Founder of Mel Feller Seminars with Coaching for Success 360, Inc. He also owns Mel Feller Ministries. Mel Feller is an Innovator, Business Leader, Investor and Entrepreneur. Mel Feller is currently working closely with his son-in-law and partner on an incubator for young entrepreneurs. Mel Feller…
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#business#coaching for success 360#mel#mel feller#mel feller and coaching for success 360#mel feller coaching#mel feller in dallas#mel feller in texas#mel feller investor#Mel Feller MPA#mel feller real estate coaching#mel feller real estate investor#mel feller seminars#melvin feller in texas#MHR#real estate#real estate business#real estate investing#real estate marketing#Success in Finding Buyers for Your Real Estate by Mel Feller MPA#www.melfeller.com#www.melfellersuccessstories.com
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Mel Feller MPA, MHR, Asks the Great Real Estate Question — Are You Prepared For Your Phone to Ring
Mel Feller MPA, MHR, Asks the Great Real Estate Question — Are You Prepared For Your Phone to Ring
Mel Feller MPA, MHR, Asks the Great Real Estate Question — Are You Prepared For Your Phone to Ring
Mel Feller is the President/Founder of Mel Feller Seminars with Coaching for Success 360, Inc. He also owns Mel Feller Ministries. Mel Feller is an Innovator, Business Leader, Investor and Entrepreneur. Mel Feller is currently working closely with his son-in-law and partner on an incubator for young…
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#Asks the Great Real Estate Question — Are You Prepared For Your Phone to Ring#coaching for success 360#mel feller#mel feller and coaching for success 360#mel feller coaching#mel feller in dallas#mel feller in texas#mel feller ministries#Mel Feller MPA#mel feller real estate coaching#mel feller real estate investor#mel feller seminars#MHR#real estate#real estate business#real estate investing#real estate marketing#Real Estate Marketing Mistakes#real estate wealth#www.melfeller.com#www.melfellersuccessstories.com
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Mel Feller MPA, MHR, Discusses Quick and Easy Stress Busters for Your Life
Mel Feller MPA, MHR, Discusses Quick and Easy Stress Busters for Your Life
Mel Feller is the President/Founder of Mel Feller Seminars with Coaching for Success 360, Inc. He also owns Mel Feller Ministries. Mel Feller is an Innovator, Business Leader, and Investor. Mel Feller is currently working closely with his son-in-law and partner on an incubator for young entrepreneurs. Mel Feller currently…
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#business and stress#business stress#Discusses Quick and Easy Stress Busters for Your Life#gratitude#leadership#management#market#mel feller#mel feller coaching#mel feller in dallas#mel feller in texas#mel feller investor#Mel Feller MPA#mel feller real estate coaching#mel feller real estate investor#mel feller seminars#MHR#overcoming stress#small business#some ideas#startup#stress and business
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Mel Feller MPA, MHR, The Person and Qualifications that are tailored to you and Your Situation
Mel Feller MPA, MHR, The Person and Qualifications that are tailored to you and Your Situation
Mel Feller MPA, MHR, The Person and Qualifications that are tailored to you and Your Situation
Mel is the President/Founder of Mel Feller Seminars with Coaching for Success 360, Inc. He also owns Mel Feller Ministries. Mel Feller is an Innovator, Business Leader, and Investor. Mel Feller is currently working closely with his son-in-law and partner on an incubator for young entrepreneurs. Mel…
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#mel feller#mel feller and coaching for success 360#mel feller coaching#mel feller in dallas#mel feller in dallas texas#mel feller in texas#mel feller investor#mel feller looks at success#mel feller ministries#mel feller misistries#Mel Feller MPA#mel feller real estate coaching#mel feller real estate investor#mel feller seminars#melfeller coaching#melfeller seminars#melvin feller in texas#MHR#The Person and Qualifications that are tailored to you and Your Situation
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Mel Feller MPA, MHR, Illustrates Things You can do to Increase the Property Value of Your House
Mel Feller MPA, MHR, Illustrates Things You can do to Increase the Property Value of Your House
Mel is the President/Founder of Mel Feller Seminars with Coaching for Success 360, Inc. and Mel Feller Coaching. Mel Feller Ministries. Mel Feller is an Innovator, Business Leader, and Investor. Mel Feller is currently working closely with his son-in-law and partner on an incubator for young…
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Mel Feller MPA, MHR, Looks at a Detailed Ways to Boost Your Business Performance
Mel Feller MPA, MHR, Looks at a Detailed Ways to Boost Your Business Performance
Mel Feller MPA, MHR, Looks at a Detailed Ways to Boost Your Business Performance
Mel is the President/Founder of Mel Feller Seminars with Coaching for Success 360, Inc. and Mel Feller Coaching. Mel Feller Ministries. Mel Feller is an Innovator, Business Leader, and Investor. Mel Feller is currently working closely with his son-in-law and partner on an incubator for young entrepreneurs. Mel Feller…
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#boost your business#business#Looks at a Detailed Ways to Boost Your Business Performance#management#mel feller#mel feller coaching#mel feller in dallas#mel feller in texas#mel feller ministries#Mel Feller MPA#mel feller real estate investor#mel feller seminars#MHR#productivity#small business#startup#www.melfeller.com#www.melfellersuccessstories.com
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Mel Feller MPA, MHR, Discusses Going Into Business and FAQs
Mel Feller MPA, MHR, Discusses Going Into Business and FAQs
Mel is the President/Founder of Mel Feller Seminars with Coaching for Success 360, Inc. and Mel Feller Coaching. Mel Feller Ministries. Mel Feller is an Innovator, Business Leader, and Investor. Mel Feller is currently working closely with his son-in-law and partner on an incubator for young entrepreneurs. Mel Feller currently maintains…
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#Discusses Going Into Business and FAQs#mel feller#mel feller coaching#mel feller in dallas#mel feller in dallas texas#mel feller in texas#mel feller misistries#Mel Feller MPA#mel feller seminars#melfeller seminars#melvin feller in texas#MHR#small business#startup#texas startup#www.melfeller.com#www.melfellersuccessstories.com
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Mel Feller MPA, MHR, Discusses a Texas Real Estate Marketing Plan That Makes Deals Happen
Mel Feller MPA, MHR, Discusses a Texas Real Estate Marketing Plan That Makes Deals Happen
Mel is the President/Founder of Mel Feller Seminars with Coaching for Success 360, Inc. and Mel Feller Coaching. Mel Feller Ministries. Mel Feller is an Innovator and Business Leader. Visit www.melfeller.com and www.melfellersuccessstories.com Mel Feller currently maintains an office in Texas. Currently an…
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#a texas real estate marketing plan#coaching for success 360#investing in texas real estate#mel feller#mel feller in dallas#mel feller in dallas texas#mel feller in texas#mel feller investor#mel feller ministries#mel feller real estate coaching#mel feller real estate investor#mel feller seminars#melvin feller in texas#texas real estate#texas real estate investor#www.melfeller.com#www.melfellersuccessstories.com
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About Mel Feller and Who He Is
Mel Feller a Personal Development, Business, Real Estate, Branding, Business Funding and Finance Coach. In addition, Mel Feller has served in a variety of executive leadership roles for medium and large organizations, including multiple Fortune 500’s. He is a charismatic leader who has facilitated change and growth in all sized organizations, including non-profit and Board development. Mel Feller has successfully led organizations in the areas business development, marketing, real estate and Realtors, sales, team building, operations, and the like.
Mel Feller is committed to serving. In the community, he chairs several organizations. Mel Feller volunteers his leadership at two churches in a variety of ways, including serving on council, bible study facilitator, and more. Mel Feller has been a featured speaker for career professional groups, business leaders and continuing education sessions, as well as, aspiring business startups.
Mel Feller had a real estate license the same week he graduated from high school and was a multi million-dollar producer with Century 21 for 18 months after becoming licensed. He held that license for 20 years. He specialized in both residential and commercial real estate. He had a special emphasis in multi-units.
In addition, Mel Feller loves real estate and is an avid real estate investor. He loves coaching real estate. He maintains holdings in several states.
He was a former Chief of Staff for a United States Senator has two Master Degrees in Public Administration and Human Resources with an emphasis in Adult Education and Training. Mel Feller states, “An effective coach is someone who tells you what you may not want to hear, helps you navigate around your blind spots, and helps you identify opportunities…so that you can be who you’ve always known you can be”
When he is not coaching, you can find Mel Feller reading, listening to podcasts, exercising, fishing, or with his beautiful and loving wife, step kids, kids and grand kids exploring the greatness of the family and world God has gifted us all with.
Mel Feller is a business/real estate entrepreneur. He served in the Navy Reserve and is helping and creating business programs & writing grants for veterans.
#mel feller#mel feller facebook#mel feller in dallas texas#mel feller in oklahoma city#mel feller in texas#mel feller coaching#real estate#real estate investing#real estate coaching#mel feller linkedin#mel feller business#small business#business#mel feller business coaching#success#become successful#successful business#successful people
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Using the Strategic Map Method In Business in Oklahoma and Texas by Mel Feller MPA, MHR
Using the Strategic Map Method In Business in Oklahoma and Texas by Mel Feller MPA, MHR
Using the Strategic Map Method In Business in Oklahoma and Texas by Mel Feller MPA, MHR
Mel Feller is the President/Founder of Mel Feller Seminars with Coaching for Success 360, Inc. He also owns Mel Feller Ministries. Mel Feller is an Innovator, Business Leader, Investor and Entrepreneur. Mel Feller is currently working closely with his son-in-law and partner on an incubator for young…
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#360#business in oklahoma#business in texas#business mapping in oklahoma#business mapping in texas#coaching for success 360#mel feller#mel feller and coaching for success 360#mel feller coaching#mel feller in dallas texas#mel feller in texas#mel feller ministries#Mel Feller MPA#mel feller seminars#MHR#oklahoma business#small business#small business success#success in business#texas business#Using the Strategic Map Method In Business in Oklahoma and Texas by Mel Feller MPA#www.melfeller.com#www.melfellersuccessstories.com
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