The starting point for any prospective deal is financing. How you plan on financing the transaction dictates just about everything else you do. Financing determines your offer price, the closing date, contract contingencies and earnest money deposited. On some deals the financing option is cut and dry. On others there are a handful of options...Read More
We live in a day and age where being health conscious is in. All you need to do is turn on your TV for twenty minutes and you will find a commercial about eating better or exercising more. As great as being physically healthy is as a real estate investor you also need to focus...Read More
In business the bottom line is always the bottom line. You can have a steady stream of deals coming in but if you aren’t smart with your money it won’t make a difference. One of the biggest adjustments for new investors is accepting the fact that they are running a business. This means focusing on...Read More
Running a business means staying on top of every aspect of it. Not only do you need to be the lead negotiator and head marketer but you are also in charge of the finances. Whether you like it or not the finances can make or break your business. It is not enough to simply close...Read More
One of the biggest hurdles for investors old and new alike is securing financing. You can have everything else with your business in place but without financing you won’t get very far. How and where you find financing has changed dramatically over the past ten years. It wasn’t that long ago when lender financing was...Read More
Everything in real estate starts with obtaining financing. This is the case whether you are a first time homebuyer or a seasoned investor. How the property is financed often dictates how the rest of the transaction will go. Purchases backed by hard or private money can be closed in as little as ten days with...Read More
If you are looking for financing on your next deal you shouldn’t discount your local bank or mortgage broker. Even though traditional financing has received a bad rap in recent years it is still a viable option for the right borrower. The two main lending options are a local bank and a mortgage broker. While...Read More
Flipping real estate is a huge investment, both in terms of time and money. If you don't have cash to back up your deal, then you're going to have to find it somewhere. There are a variety of avenues for flippers who are looking to finance a deal, from wholesaling to fixing up a foreclosure....Read More