Financing is the starting point of any real estate transaction. You can have everything else in place but without financing you won’t get very far. Financing can often be one of the biggest hurdles for new investors. Many investors don’t have the proper credit score or necessary down payment amount for traditional lender financing. They...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
When a property owner agrees to payment of a portion of a home’s purchase price over time, with the debt to the seller registered on the title as a mortgage, it’s known as seller financing, a vendor take-back mortgage or a purchase-money mortgage. This is a home-financing strategy in which you the buyer borrow from...Read More