Buy & Hold I

Instructor:  Kyle Cross
Level 100
NR Hours: 3
No. of Days: 1/2
 

Content:
This class is designed to assist students in creating long-term, residual wealth. Students will learn the basics necessary to create a buy-and-hold strategy, from property purchase through property disposal. Emphasis is placed on identifying and locating the resources necessary to make a deal successful and to protect the student’s future interests. Students will analyze closing and financing fees and learn strategies that can eliminate fees and maximize cash flow.

Course Objectives:
Understand the buy & hold investment strategy and its benefits. Differentiate available funding options. Identify cash flow variables and obstacles. Understand when a purchase contract is necessary. Differentiate property ownership in a Mortgage State vs. a Deed of Trust State. Learn what title insurance does and doesn’t protect. Review the HUD-1 form and identify and calculate closing costs.

Nouveau Riche™ (NR) offers an educational system for entrepreneurs and aspiring entrepreneurs. NR is the exclusive distributor of the materials, content, presentation design and format, which are proprietary products of Nouveau Riche AcademyTM (NRA). Neither NR nor NRA is a degree-granting or vocational program, and neither is accredited with any academic or standards governing board.  As with any College, courses and instructors may be added, changed, or removed from time-to-time. NR and/or NRA reserves the right to make replacements or substitutions to the curriculum, its content, presentation design and format, as it deems necessary to ensure the quality and effectiveness of its Colleges.