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Most contracts for home purchases require an initial deposit. This deposit is a way for a seller to ensure that a buyer is prepared to perform the contract, since the courts will typically treat this sum as forfeited to the seller in full if the buyer fails to complete the contract.

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In the event of injury or illness, you might lose the ability to make decisions for yourself. These decisions can involve the signing legal documents, for example if you have agreed to buy or sell a home, or it can relate to healthcare treatment, such as undergoing surgery or withdrawing life-sustaining procedures.

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If you’ve taken my Money Machine seminars, read my articles or listened to me speak you’ll know that I am passionate about building a real estate investment portfolio that will provide a substantial passive income stream into retirement. Buy one property a year. Never amortize for more than 15 years. Never sell. Simple. And proven. It works.

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When conventional lenders (such as banks or credit unions) deny mortgage financing, it can be easy to feel discouraged. However, it is important to remember that there is always an alternative!

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