Success in real estate investing is dependent on financing, unquestionably. Using conventional mortgages can be difficult if you suffer from credit score blemishes, and ultimately there are limits on how many mortgages an individual can have open on their personal credit. That is why private investors are a huge source of financing for real estate investors, and that is why you need to know how to use these sources of money for your investments. In this volume, we will look at when to use private money, and how private money is different from hard money. The correct use of private money sources can loft your real estate career into the stratosphere, as you will be free to do more deals, and do them quickly in comparison to conventional mortgage financing. We will learn how to become successful real estate investors by using private money, with attention to the following:
• When exactly to use private money for real estate deals with specific examples • Where to find sources for private money • How to approach and present yourself to private money investors • How and why to contract with private money investors as debt partners or equity partners • Finding private money partners where you might not expect
Real estate investing is always about knowing how to use leverage and sources of financing to your advantage. As your career accelerates, you will need more and more options to fund the deals you are putting together on your way to becoming a millionaire real estate investor. This volume will help you find multiple sources of private money for lasting relationships along the course of your real estate investing career.
Everything You Didn’t Know About Property And Mortgages, But Wish You Did!
Approved! Financing Your Property Dream is the smart home buyers guide to mortgages, property, investing and making your dreams reality. This easy to read book will teach you:
•Five things you must know before buying a property and mortgage – don’t approach any bank or broker before understanding this. •How to maximise your chances of getting your loan approved – including help on deposit savings and working out how much you can borrow. •The mortgage and property process explained in six easy steps – with the five stressful mortgage mistakes to avoid. •Tips to getting smarter with your money – and how to pay off your home loan in record time. •The accidental investor vs. the planned investor – and why most Australians invest for the wrong reasons.
The Great Australian Dream of owning your own property, or starting an investment portfolio, can become a great Australian nightmare if you don’t have the right knowledge and team to support you and your dreams.
So before taking your next step, read this book carefully and get the insider tips to make confident decisions with your money and your future.
Formerly Real Estate Transactions, Finance, and Development, this book focuses on the purchase, sale, financing, and development of real estate and the significance of legal rules and institutions at various stages of these transactions. Arranged in clearly labeled, self-contained chapters, it allows maximum flexibility for professors to tailor assignments to the needs of various courses, and is suitable for: Introductory Transactions or Conveyancing courses, Mortgage Law courses, and advanced courses in topics concerning realty development and finance.