#mel feller real estate coaching

[melfeller]

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.

[ourmrmel]

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…

[melfeller]

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.

[ourmrmel]

Overpricing Your Real Estate Can Cause Multiple Problems by Mel Feller MPA, MHR

Overpricing Your Real Estate Can Cause Multiple Problems by Mel Feller MPA, MHR

Overpricing Your Real Estate Can Cause Multiple Problems 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…

[ourmrmel]

What can a Virtual Assistant do for Your Startup in Oklahoma and Texas by Mel Feller MPA, MHR

What can a Virtual Assistant do for Your Startup in Oklahoma and Texas by Mel Feller MPA, MHR

What can a Virtual Assistant do for Your Startup 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…

[ourmrmel]

Know Your Inner Strength by Mel Feller MPA, MHR

Know Your Inner Strength by Mel Feller MPA, MHR

Know Your Inner Strength 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…

[ourmrmel]

Foreclosure Procedures State by State written by Mel Feller MPA, MHR

Foreclosure Procedures State by State written by Mel Feller MPA, MHR

Foreclosure Procedures State by State written 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…

[ourmrmel]

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…

[ourmrmel]

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…

[ourmrmel]

Mel Feller MPA, MHR, Illustrates How Successful Ideas Begin from Small Ideas

Mel Feller MPA, MHR, Illustrates How Successful Ideas Begin from Small Ideas

Mel Feller MPA, MHR, Illustrates How Successful Ideas Begin from Small Ideas

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…

[ourmrmel]

Mel Feller MPA, MHR, Looks at Calling to Find Motivated Real Estate Sellers

Mel Feller MPA, MHR, Looks at Calling to Find Motivated Real Estate Sellers

Mel Feller MPA, MHR, Looks at Calling to Find Motivated Real Estate Sellers

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…

[ourmrmel]

Mel Feller MPA, MHR, Looks at How to Get and Keep Private Money Lenders Long Term in texas and Oklahoma

Mel Feller MPA, MHR, Looks at How to Get and Keep Private Money Lenders Long Term in texas and Oklahoma

Mel Feller MPA, MHR, Looks at How to Get and Keep Private Money Lenders Long Term in texas and Oklahoma

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…

[ourmrmel]

Mel Feller MPA, MHR, Discuss how to Make Massive Profits from Wrap Around Mortgages in Texas and Oklahoma

Mel Feller MPA, MHR, Discuss how to Make Massive Profits from Wrap Around Mortgages in Texas and Oklahoma

Mel Feller MPA, MHR, Discuss how to Make Massive Profits from Wrap Around Mortgages in Texas and Oklahoma

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…

[ourmrmel]

Mel Feller MPA, MHR, Discuss how to Make Massive Profits from Absentee Real Estate Owners in Oklahoma and Texas

Mel Feller MPA, MHR, Discuss how to Make Massive Profits from Absentee Real Estate Owners in Oklahoma and Texas

Mel Feller MPA, MHR, Discuss how to Make Massive Profits from Absentee Real Estate Owners in Oklahoma and Texas

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…

[ourmrmel]

Mel Feller MPA, MHR, an Oklahoma Texas Mentors Bio and Explanation of Coaching

Mel Feller MPA, MHR, an Oklahoma Texas Mentors Bio and Explanation of Coaching

Mel Feller MPA, MHR, an Oklahoma Texas Mentors Bio and Explanation of Coaching

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…

[ourmrmel]

Mel Feller MPA, MHR, Discusses Steps for Successful Team Building Events

Mel Feller MPA, MHR, Discusses Steps for Successful Team Building Events

Mel Feller MPA, MHR, Discusses Steps for Successful Team Building Events

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…