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Lex Levinrad Interviews Pete Youngs about the Distressed Real Estate Workshop
Tuesday, November 25, 2008 3:04 AM Pete Youngs expertise is teaching people how to rehabilitate properties for a fraction of the normal estimated cost.
Lex Levinrad Interviews Sharon Restrepo about the Distressed Real Estate Workshop
Tuesday, November 25, 2008 2:54 AM Sharon Restrepo has been investing in foreclosed and distressed real estate for over 15 years. She is a nationally acclaimed real estate educator specializing in recession proof investing strategies, foreclosures and short sales. Lex Levinrad |
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Frequently Asked Questions
Why should I choose the Distressed Real Estate Institute over other Real Estate Training Companies?
At DREI, we pride ourselves on being the quality leader in our industry. DREI is training new real estate investors every day. Unlike many "infomercial" real estate gurus that promise you the moon but then never deliver we offer you personalized real estate training to ensure your success in real estate. Our principal Lex Levinrad is an active real estate investor in South Florida and he has personally helped many new investors achieve their dream of investing in real estate.
How will the Distressed Real Estate Institute help me?
The Distressed Real Estate Institute specializes in training all levels of real estate investors. If you want to learn how to wholesale, rehab, submit a short sale, buy a foreclosure, buy real estate no money down, get a hard money loan, transactional funding or become a landlord we can help you. We will teach you all aspects of the real estate investing business from start to finish.
Does the Distressed Real Estate Institute Operate throughout the United States?
Yes, we offer boot camps, live training events, mentoring and coaching throughout the U.S
What is the Distressed Real Estate Institute’s most popular product?
The Distressed Real Estate Boot Camp is our most popular product. The 3 day boot camp is offered in various locations throughout the year. All attendees of the Distressed Real Estate Boot Camp receive the Home Study Course For Free (worth $997) and are able to begin wholesaling deals immediately after the boot camp. The most exciting benefit of the boot camp is the ability to partner with us on deals where we provide the cash for your deal. For more info about the boot camp click on this link: http://lexlevinrad.com/Boot_Camps.html
How much training do the Distressed Real Estate Institute coaches receive?
All of our real estate coaches are active professional real estate investors that have been investing in real estate for many years. We only hire individuals that have proven themselves in the real estate industry and that have a proven track record of investing in real estate over many years.
What kind of training will I receive as a student?
We offer many different programs for new real estate investors. Here is a summary of our different products which are discussed below in more detail:
- Distressed Real Estate Boot Camp
- Mentor Coaching Program
- Private Mentoring Program
- VIP Mentoring Program
What is offered at the Distressed Real Estate Boot Camp?
The Distressed Real Estate Boot Camp is held in numerous locations throughout the United States. The boot camp is a 3 day event that covers all of the basic information that you will need to begin investing in distressed real estate. The Distressed Real Estate Boot Camp will teach you the following:
- How to buy foreclosures, short sales and bank owned REO properties
- Where to find private money to fund your real estate purchases
- Double closings, transactional funding and how to get a proof of funds letter
- Learn how to calculate after repair value (ARV) and estimate the value of a house
- Understand repair estimates and what it would cost to repair a damaged house
- Comparables sales (comps) and how ti establish conservative estimates
- Where and how to materials and labor at affordable prices
- How to get access to hard money lenders that can fund your rehabs
- How to wholesale bank owned properties
Everyone that attends the Distressed Real Estate Boot Camp receives the following items for free:
- Home Study Course “Millions in Real Estate With No Cash And No Credit”
- 6 Audio CD’s “Getting Started As A Real Estate Investor”
- Wholesaling Bank Owned Properties Book
- Access To Our Partnership 50/50 Program
- A proof of funds letter
- Access to our transactional funding
Can you explain the partnership program and how it works?
The partnership program is available to all attendees of the Distressed Real Estate Boot Camp and any of our coaching programs. We teach you how to find wholesale deals at 65% or less of after repair value. Then we help you sell your deal to an end buyer by walking you through the entire process. We can even help you find and end buyer and coordinate the double closing for you. And if you need us to fund your deal we can provide you with transactional funding. All profits are split 50/50 net of closing costs and transactional funding fees.
How does the transactional funding program work?
We can fund your purchase on an A to B closing with transactional funding for a fee of 2% of the purchase price and a processing fee of $495. There is a minimum transactional funding fee of $1,250. In order for us to fund your deal you need to have your B to C closing at one of our approved title companies. Please visit this link for more information : http://lexlevinrad.com/transaction_funding.html .
Can I use any title company for my real estate closing?
You can use the seller’s or the banks title company for the A to B closing although it is easier if you use our approved title company for both double closings. However you must use one of our approved title companies for the B to C Closing. Please see http://lexlevinrad.com/transaction_funding.html .
Do you offer transactional funding in all 52 states?
Currently we are only providing funding for double closings in the State of Florida. However we can refer you to one of our associates that may be able to fund your deal in your state.
How do the coaching and mentoring programs work?
We have customized solutions to fit your particular needs as a real estate investor. If you are interested in information about any of our mentoring or coaching programs please contact us at the telephone number listed below or complete the form below.
Call the Distressed Real Estate Institute at 1-800-617-2884
Or complete the following form for more information and we will contact you within 24 hours
Thank you for your interest in our coaching and mentoring programs. We will have an associate contact you within 24 to 48 hours
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