Let’s face it. There are a lot of real estate investors out there. Generally after a little research, many of them will know about ‘the lists’ (foreclosures, probate, out-of-state owners etc.). They will find the lists and start mailing to them. Many of those investors will mail postcards that say something like ‘We Buy Houses – For Cash’. Although these
Everyone hears about the ‘creative’ ways to finance a real estate project such as hard money or owner financing. While those methods are quick, they do have their disadvantages. Many times going the traditional route of borrowing from a bank can prove to be more profitable. Banks generally are much more interested in residential home owners. They have a bunch
‘You can’t manage people but you can manage processes and systems.’ You’re ready to meet the potential buyers of your first fixer-upper property. You’ve worked day and night to finish the job, and everything is in place. Just when you’re about to meet your clients, you receive a call from the HOA complaining about your fence panels or the uncut
There are a lot of advantages to using private money or money from private investors to fund your real estate deals: Private money can fund a deal very quickly Private money may not care about your credit Private money is open to all sorts of returns, depending on what rates of return they receive elsewhere Private money will work with