If your credit score is lower than 680, it becomes very difficult to get a loan. This can be a problem since those of us with bad or fair credit are usually the ones who need it the most. It usually takes more than seven years of great payments to see a real difference in... Continue Reading →
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How Paying All Cash for a Property Affects Your Ability to Build Wealth
Many investors choose to pay all cash for an investment property. To be clear, even when investors use terms like “all cash,” the truth is, no “cash” is actually traded. In most cases, the buyer brings a check (usually certified funds, such as a bank cashier’s check) to the title company, and the title company... Continue Reading →
The Private Loan Source Perfect for Growing Your Real Estate Portfolio
Most investors I know are perpetually on the lookout for more capital. Whether they are seeking lenders or partners, real estate investors always need more capital to build their businesses. So, where should you look? Once you get comfortable presenting your business to a potential lender or partner, you will find that some sources of capital work... Continue Reading →
7 Simple Steps to Get Approved for a Conventional Real Estate Loan
Getting a conventional loan is not a complicated process, but there are a lot of moving parts. Allow me to give you a quick summary of the entire process, so you’ll best know what to expect when getting your loan. 7 Simple Steps to Get Approved for a Conventional Loan Step #1: Shop When shopping... Continue Reading →
3 Creative Strategies to Finance Real Estate Deals
One of the things that makes real estate investing so exciting is the creativity one can implement to fund deals. In truth, your ability to fund is limited only by your imagination (and the law, of course), so the purpose of this article is to expand your mind and allow you to explore the more... Continue Reading →