If you want to get started with investing in real estate, then this video is for you. I’ll share what I believe are the top 3 things you should know so you can get started.
I can still remember how difficult it was to get started with real estate investing years ago. How I wish I already knew back then what I know right now… and this is what I will share with you in the following video:
Please let me know what you think by leaving a comment below the video. Thanks.
Best regards,
Jay Castillo – Owner and founder, ForeclosurePhilippines.com
P.S. This free video training is part 1 of 3. Watch out for the next video later this week. Subscribe to get notified through email when video 2 is released.
![Why invest in foreclosed properties in the Philippines? + Top things to consider [Video]](https://www.foreclosurephilippines.com/wp-content/uploads/2023/03/video-how-to-invest-in-foreclosed-properties-in-the-philippines-v3-728x410.jpg "Why invest in foreclosed properties in the Philippines? + Top things to consider [Video] 6")
Hi Mike, this is still available for those who enrolled for the free training when it was open. I’ll re-open it soon and all email subscribers will be notified. Thanks for asking!
Video is no longer available?
Yup, pwede i-assume ni buyer yung mortgage mo, but you have to check kung papayag yung bank, and ano requiremnets. Easier kung same bank mag loan yung buyer mo.
For the DP, you can offer installment basis. The usual is zero interest, 6 months to 1 year to pay. We offer this if the title transfer is ongoing.
Hi Michael, you can offer installment basis for the downpayment. The usual is zero interest, 6 months to 1 year to pay. We offer this if the title transfer is ongoing.
Sir Jay, itatanong ko lang. 23 years old ako college student. I’m reading all your blogs for about 2 days na and i think nakaka 70% na ako (binabalikan ko kasi yung iba kaya natatagalan). 5 years na ako sales agent sa mga condo and house and lot. Part time Job ko yung during class and full time during summer. If i bought a foreclosed property from the bank or directly through the selling people, yung title po ba is ipapangalan at ibibigay agad sa akin kahit di pa fully paid at may mortgage pa or sa kanila padin po muna until ma-fully paid ko na lahat ng mortgage ko? Salamat po!
Hi Michael, thank you for reading our blog, and I am happy for you because you are very interested with investing!
Depende kung yung pagbili mo ng property ay financed through a mortgage loan, or contract-to-sell. Pag mortgage loan (example Buena Mano, PSBank, BDO) ililipat na sayo yung title, pero naka-annotate yung mortgage at itatago nila yung titulo, until fully paid ka. Pag contract-to-sell (example, RCBC Savings Bank, Unionbank, etc) hindi pa ililipat yung titulo sayo until fully paid.
Salamat din!
Sir Jay, so kung na-rehab ko na po yung house and then ready to sell, kapag nakahanap na ako ng buyer ipapa-transfer ko lang naman po sa bank sa name ng buyer ko yung mortgage ano po? And last question na po Sir Jay kung ok lang. I think mahirap po kasi bayaran ng cash ng buyer yung downpayment for the ARV (nandun na lahat ng profit bali yung balance na mortgage nalang thru bank ang babayaran nya). Paano po ang payment term na binibigay nyo sa buyer nyo for the downayment? Cash? Deferred? or Installment with intrest? Salamat po Sir Jay
Sir Jay, not every Filipino can pay the downpayment in full cash, how do you deal with this with your buyer? What downpayment term are you offering on your buyers, deferred? installment with interest? and how long? Thank you po