Introducing Gary R. Brevko
Gary has an extensive background in sales and marketing for several
world-class companies such as Komatsu America and Ingersoll-Rand,
providing capital equipment for some of the largest construction
and transportation projects in the United States. While working with
clients on those major real estate projects, Gary began studying
the potential of investing in real estate and started buying foreclosed
property. Gary is a full time real estate investor and lives in Charlotte,
North Carolina.
Eight years ago he formed a system of buying EQUITY RICH
FORECLOSURE PROPERTY. Gary focuses on finding equity rich
real estate. His company has followed over 25,000 properties through
the foreclosure process,
individuals facing foreclosure are very motivated and don't have
time to sell by traditional methods. To find the very best deals,
he buys all types of property in all stages of foreclosure.
The KEY to his success is the way he finances property.
He funds almost all acquisitions with PRIVATE MONEY.
When you utilize OPM (other people's money), you will have instant
profits when you buy. He avoids traditional finance methods which
require down payments, closing costs, and rehab expenses that create
a huge cash flow problem.
Gary says "Win big when you invest in foreclosures and win
bigger when you fund them with private lenders. With my business
model I
don't have to purchase 10-15 properties per month to make a great
living. That's a lot of work and most people can't find that many
good deals a month. I prefer to purchase the best 3-4 that I can
find with large equity spreads of 30%-40% after repairs are completed.
I finance the deal with private money which means NO MONEY
OUT OF POCKET and I GET PAID WHEN I BUY.
Yes, with Private Money, I get a check at closing. Here's how it
works: A property is purchased for $50,000 with $10,000 needed in
repairs. The cost is now $60,000. I secure a mortgage with a private
lender for $75,000, meaning I get to keep the difference between
my cost and the mortgage amount as loan proceeds. I get paid $15,000
cash when I purchase and proceeds are tax deferred. The property,
in this case appraised for $100,000 after repair. I have now created
a property with $25,000 in equity. One of the best reasons to fund
with private lenders, is the fact that you can have Multiple Exit
Strategies. With NO CASH of your own invested in
the property you can choose your preferred plan. I offer my properties
For Sale, Rent or on a Rent-To-Own program. This business is fun
when you're making MONEY!"
Gary can be reached at 704-309-3694
or emailed at info@mrprivatemoney.com