Why invest with Us Do properties grow in value in Nigara Falls

Niagara Falls used to be an economically depressed area. You have rare opportunity to buy at ground floor prices before real estate skyrockets. A few years ago the Indian Seneca Nation was granted permission to establish and operate Las Vegas style casinos in the Niagara Falls/Buffalo, NY region.

Since, the Senecas have opened a HUGE casino in Niagara Falls and have built one of the biggest hotels in the State. Properties that cost $60,000 today used to cost $15,000 to $20,000 just a year ago. There are a lot more casinos on the way along with other real estate developments.

Basically, New York State has decided to duplicate what the Canadians have done on the other side of the bridge in Niagara Falls, Canada. 15 years ago, Niagara Falls was a small, quite town in Canada. Today, it is the Las Vegas of Canada.

Can I refinance and get my money out?

Once you purchase a house with cash, you will be able to take an equity loan against the property. The equity loan will amount to about 80 - 90% of the appraised value of the house. The house should appraise for about $60,000 and probably much more in a few years. You will be able to get the loan within about 30-60 days of the date of purchase of the house.

Therefore, you get all or almost all of your money back within two months. If you take an equity loan, every $50,000 loaned against equity will generate about $350 per month payment. Taxes and additional expenses will amount to an additional $65 per month. Therefore, your net monthly income will amount to approx. $185. Therefore, by taking advantage of this situation, you have cash-flow even after you get your money out.