Find A Good Real Estate Deal – If you can find a property that has some equity in it when you purchase it, you may have an easier time getting financing on that property. To lender it may be almost as good as if you had some kind of down payment on property. Some lenders will consider properties loan to value ratio when they consider loan. Talk to your mortgage broker and see if this factor could help you get qualified.

Try Creative Financing – See if seller would be willing to carry back a second mortgage on home. This is where you set up a contract or agreement with seller that you will pay them monthly payments, including interest of, let’s say, $150/mo on $10,000 dollars of price of property, as a second mortgage. Then, to make it nice for seller, perhaps put in agreement that entire amount is due in full within 2 years or something. That should give you plenty of time to refinance and then seller doesn’t feel permanently locked into contract.

History has shown that market does have incredible run ups (i.e. tech boom) and incredible collapses (i.e. tech crash). In big bull market of late 1990's/2000 everyone was making money until market crashed and then a lot of people gave back all their profits while others lost their shirts.

How many people do you know actually profited from crash?

We all knew it was coming, didn't we?

TIP: One of most profitable things we can do as an option trader is to buy puts in a falling market. It sounds too simple I know but often it's simplest things that can produce most profitable results.

I recently read of about a woman who bought $10,000 worth of puts on S&P 500 a week before massive stockmarket crash of 1987.

She was only a beginner to option trading but she knew enough to see that market was sky-high and that there were dark clouds on horizon.

She was quite surprised (over moon!) to get a call from her broker on following Monday saying that her puts were now worth $500,000!

As everyone was panicking, she was quietly unaware that she was making an absolute fortune! Hard to believe I know, but lesson here is that you don't have to be a rocket scientist to make money by trading options.