It can often be difficult to obtain a loan from banks, which is why owner financing is becoming very popular among home and real estate buyers. Among the many perks of owner financing, the seller often accepts a low down payment whereas banks often charge 20% or more. In addition, many owner financed [...]
March 20th, 2010 | Posted in Finance | Comments Off
The number one question from all new real estate investors is “Where do I get the Money”? Here are 7 resources used by investors across the country in their businesses everyday and very successfully .
1.Owner Financing – Using the present owner to finance your purchase will give you the best opportunity to make big profits. [...]
March 20th, 2010 | Posted in Finance | Comments Off
This is the age of creative real estate financing. Maybe you remember when financing meant you saved up enough to put 20% down on a house, and then got a mortgage loan for the other 80%? You can still do that, but there are many more options now. Here are ten of them.
1. Second mortgage [...]
March 20th, 2010 | Posted in Finance | Comments Off
There are three important questions that you must understand and answer correctly in order to achieve 90% plus commercial financing! Where to go to locate it? What type of project will qualify? And last, how to negotiate for it?
To start, you must understand the lender’s mindset
.. If you ask commercial lenders what would be [...]
March 19th, 2010 | Posted in Finance | Comments Off
This info is very important for both new and experienced wholesalers, AND buyers of fixer-uppers, to carefully read and understand. We learned it painfully, hopefully you won’t have to
Often times we are asked by investors about using conventional financing for their investor deals. In other words, they want to go through a bank [...]
March 19th, 2010 | Posted in Finance | Comments Off
This is the age of creative real estate financing. Maybe you remember when financing meant you saved up enough to put 20% down on a house, and then got a mortgage loan for the other 80%? You can still do that, but there are many more options now. Here are ten of them.
1. Second mortgage [...]
March 19th, 2010 | Posted in Finance | Comments Off
You have been dreaming for years. Those glossy magazines and snazzy web sites with those wonderful, historic lodgings, glorious gardens, and inviting rooms are a regular mainstay. Your travels have taken you to places where you were greeted by strangers who treated you like old friends. You slept on feather quilts and abundant pillows, awakening [...]
March 16th, 2010 | Posted in Finance | Comments Off
The federal government wants you to own your own home. In fact there’s $200 million available right now to prospective first-time home buyers. President Bush signed into law the American Dream Down-Payment Initiative (ADDI) also known as The American Dream Act. The act helps first time homebuyers with down payment and [...]
February 13th, 2010 | Posted in Finance | Comments Off
With the low prices on real estate these days, acquiring a piece of real property as an investment sounds very attractive. These could be sold at a hefty profit later when prices go back up. A 20-percent down payment for a house and lot has now become readily affordable to an ordinary middle-income [...]
February 12th, 2010 | Posted in Finance | Comments Off
After the technology bubble burst back in 2000 the stock markets suffered a bleak period of decline and investors chose to place their focus on bricks and mortar rather than falling share prices and they began investing heavily into real estate.
As a result the second home and the buy-to-let real estate markets in many countries [...]
February 11th, 2010 | Posted in Finance | Comments Off