Real Estate Investing Blog at CREonline.com
Real Estate Investing Information that Works! since 1995
A hard money loan is a form of real estate financing that’s based on the value of the property to be purchased rather than the credit of the borrower. Hard money loans are most often used for house flipping or other investing strategies that require a quick turnaround.
It’s like another tool for your toolbox, and as you’ll see, the benefits of this unique financing strategy are worth learning about. Here’s how hard money loans can help…
My last article, Private Lenders = Cash Flow + Infinite Returns, focused on buying and holding real estate using joint ventures. This article focuses on financing strategies to make short-term real estate ventures easy to finance.
When you use private lenders instead of hard money, you can pay a great rate of return, get in the game, and leave a lot more profit on the table for yourself.
When a real estate investor works directly private lenders, you get the winning combination for cash flow. Both parties are critical to the overall success of the investment–and both parties benefit.
The private lender gets a strong return on his money with none of the work. The investor enjoys an infinite return because he used none of his own money in the deal.
Most investors I interact with want to eliminate the need for bank financing, but the question I am most often asked is Jim, “show me the money.” (This line became very popular after the Jerry McGuire movie.)
Well, the truth is that I do not have a money tree growing in the back yard, so I cannot literally show you the money. I will, however, show you some strategies to help you find your own money and, better yet, start to attract your own money…
Great news. Real estate is on sale throughout the country. Inventory of distressed housing is way up, and we are experiencing the great real estate wealth transfer of our generation.
What is holding you back?
For most investors today, the answer is the lack of bank financing. That’s why I believe 2012 is the year that you should fire your bank and set yourself free.
Successful real estate investors can make money in any economy, in any market, but today’s super-soft real estate market can make it even easier because of the abundance of motivated sellers out there.
Here are 5 real estate investment strategies you can implement right now without using any of your own money or credit.
This is the classic buy low/sell low strategy and…
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