Russ Whitney has made millions through real estate now you can, too!

Russ Whitney was a twenty-year-old high school dropout working in a slaughterhouse for five dollars an hour when he set out to become a millionaire. Armed primarily with guts and determination, he became one of America's youngest self-made millionaires by the age of twenty-seven.

Russ Whitney is living proof that you don't need formal education, capital, or even credit to get rich. But what you do need is a plan: a practical program of tried-and-true moneymaking techniques to help make your own financial dreams come true. In Building Wealth, Whitney shares the very strategies that have helped thousands nationwide duplicate his successes. Learn how to:

• 
  
• Get start-up money, no matter how much or how little cash you have in the bank
  
  
• Turn that start-up capital into instant success -- in sixty days or less
  
  
• Turn debt into huge amounts of cash
  
  
• Make money -- whether the economy is up or down
  
  
• Use other people's money to build your fortune
  

Russ Whitney's sound, proven strategies will enable you to achieve financial freedom, to live the life you've always wanted, and to build a secure future for your family-tomorrow and for years to come.

Table of Contents:

Contents

Introduction

Chapter 1 Light Your Internal fire

Think like a High School Dropout

The Paralysis of Analysis

There's a Bigger Reason for Wealth than the Money

Making Money Shouldn't Hurt

What Motivation Can't Do

Chapter 2 The 95 Percent Rule Will Make You Wealthy -- or Keep You Broke

Why Things Are Always Great

Why You've Been Fooled into Thinking Wealth Is Beyond You

People Are Happy to Help You Fail

How to Reverse Lifelong Patterns

The Magic of Conscious Change

How to Feed Your Mind

A Hobby That Will Make You a Fortune

Chapter 3 You Can Get Wealthy Only if You Know What Wealth Is

What Not to Do with Financial Independence

What You Must Have in Common with the Wealthy and the Superwealthy

Simple but Not Easy

Reaching Financial Independence in 180 Days or Less

Chapter 4 How to Turn $1,000 Into $4.7 Million in 18
Months

Wrong Deacons Give You Right Experiences

Learning from Getting Off Track

If It Worked the First Time, It Can Work Even Better the Second Time

Make a Passbook/Signature Loan Your Passport to Wealth

Getting on Track Can Make You $33,000 in Less than Two Monks

How to Get a Banker to Give You a House Plus $3,000 in Cash

How to Cash In Twice on One Smart Buy

Chapter 5 Turn an Idea into a $1 Million Business

A Small Business That Can Really Make You Money

Become a Highly Paid Contractor Without a License or Ever Hammering a Nail -- Even if You Don't Know Anything about Construction

How to Make a 500 Percent Profit Using the Bank's Money

How Everyone Involved Makes a Profit

How to Make $200 to $5,000 an Hour

Partners Can Be Worth Their Weight in Gold

Simultaneous Closings Will Net You Thousands

Chapter 6 The Quickest Way to Build a Money Machine

How Economic Cycles Can Make You Wealthy

The Buy-Low, Sell-High Myth

The Three Types of Properties

Ingredients for a Super Purchase

How to Know Your Market

The Gold Mine Ad

Other Ways to Locate Bargains

Become a Bird Dog

Do You Need a License?

The Business of Being a Real Estate Investor

Chapter 7 Analyzing Your Deals

Evaluating the Property

Calculating Return for a Super Bargain and Great Profits

Increasing Your Cash Flow

Choosing the Right Wealth Vehicle

Independent Thinking

Chapter 8 Higher and Better Use

How to Create a Rooming House

Managing Your Rooming House

Net $2,500 a Month Without Managing Anything after Working 60 Days

Chapter 9 How to Borrow Money and Build Your Own Personal Fortune with It

Doubling Your Money

OPM in Action

The Secret Cash Machine of the 90s

A Little-Known Loan That Can Get You $15,000 to $25,000 Quickly

Profit from a Rehab/Construction Loan

One-Year Float Loans: Risky, but Worth Considering

Take Advantage of Seller Financing

Chapter 10 A Million in Debt b a Million in Net

How Wealthy People Get Wealthier

How to Get Your Next Automobile Free

When to Turn the Bank Down

Interest Rates Don't Really Matter

Chapter 11 Walk Away from the Settlement Table with Cash Every Time You Buy

How Creative Financing Works in Real Life

Cash Back to You

Let the Seller Make Your Down Payment

Chapter 12 Insider Banking Secrets

Why Are We So Insecure about Bankers?

The Type of Loan You Want Is More Important than Your Credit

Banking Games You Can Play

Think Commercial, Not Consumer

Banks Prefer Customers Who Have Jobs

Understanding the Different Kinds of Financial Institutions

The Clout of Compensating Balances

How to Document Yourself for a Loan

Documents Necessary for Any Type of Loan

Documents Necessary for a Real Estate Purchase

Documents Necessary for a Business Loan

Buzzwords That Open Doors

A Few Final Banking Basics

Become Your Banker's Adviser

Chapter 13 Cashing In on the S&L Crisis

S&L Bailout Myths and Realities

How We Got to This Point

What Is the RTC and What Does It Do?

How the RTC Sells Property

How You Can Benefit from the S&L Crisis -- and Why It's Okay

Fining RTC Bargains

The Affordable Housing Disposition Program

Your Step-by-Step Guide for Buying an RTC Property

Timing Is Everything

Auctions Are Great, but

What the Future Holds for the RTC

Chapter 14 How to find Continuous Prosperity

The Gold Watch Syndrome

Open Your Eyes to Opportunity

It Doesn't Have to Be Related

Cut Your Mortgage by One-Third

Help Others Cut Their Mortgages, Too

Financing Your Dreams

Chapter 15 The Government Will Help You Become Wealthy

What the SBA Can Do for You

The Government Will Help You Buy Real Estate

Dealing with Bureaucrats

Tips on Applying for Money

There's More than One Government, and More than One Type of Assistance

Guarantee Your Rent Payments

Getting Your Share Allows You to Do More than Your Share

Chapter 16 Credit: Build It, Repair It, Use It to Become Wealthy

How Knowing the Rules of the Credit Game Can Help You Become Wealthy

Know the Six C's of Credit

A Few Facts about Credit Reports

Correcting an Erroneous Credit Report

What to Do When the Negative Reports Are True

Respond if You Must

Establishing Credit for the First Time

Get Rid of Consumer Debt

Live like a Millionaire
ard

Chapter 17 Communication Skills That Will Make You a Millionaire

You Don't Need Sales Skills -- If You Want to Remain Broke, That Is

How to Tell if You're a Born Salesperson

Why Do People Buy?

Presenting for Cash

The Psychology of Effective Selling

Essential Basic Skills

Objections Are Just Questions That Lead to Money

Learn to Spot Smoke Screens

Negotiating Win-Win Deals

The One Time It Pays to Be Negative

Add a New Word to Your Vocabulary: SINALOA

Presenting an Offer to a Seller

Practice, Practice, Practice

Chapter 18 Benefits of Business

Why People Are Starting Their Own Businesses

Financial Advantages That Go Beyond Cash

If You Could Live Anywhere, Where Would It Be?

Are You Driving a Car, or a Horse and Buggy?

What Do You Really Want to Do?

Chapter 19 Illuminate Your Fears

Illuminate the Fear by Turning the Light On

Develop Money-Making, Problem-Solving Skills

Don't Sweat the Small Stuff

The Benefits of Making Wrong Decisions

Chapter 20 Get Started Bulling Your Personal Fortune

Make Yourself Uncomfortable

Try Something

Upgrade or Quit

Find a Niche

Courage and Guts

Jerk Yourself Out of the Routine

Wake 'em Up Early and Make 'em Say Thanks

Set Personal Fortune Goals

Day Planning

Keep Your Eyes Open

The Fuel for Wealth

What to Do Saturday Night or Sunday Morning

Come Back for Your Wealth Workout

Self-Help Resources

Acknowledgments

Index