Private Lenders are looking for a better Return on Investment Investors have long struggled with the fact that the market no longer bears great returns as it used to. Days past when things seemed to be even keel, it wasn't so hard to make an investment and see a decent enough return that you [...]
Using Private Money For Investing With Little to No Credit Utilize Private Money as alternative lending You don’t have to use traditional financing. For example, years ago, credit cards were issued for people to buy primarily consumer goods, but using them to purchase and fix up properties. Then, banks would give a business line [...]
Should You Invest In Chicago Real Estate? If you're planning to buy a rehab home, take your time; prices will go higher but slowly. Investments in single-family rental properties have good potential in the next few years, as do investments in housing developments, especially apartments . Mortgages have low risk because home prices will go [...]
1. You Must Understand Your Risk. Obviously, as you take on more debt, your risk compounds. Only buy flip homes for cash. No mortgages. No equity lines. If you don’t have enough cash to swing these deals yourself, take on a silent partner who does have the cash and split the profits. The problem [...]
The Four Fundamentals of Successful Investing Indeed, many achieve success accidentally. But most investors who profit from investing do so by implementing a strategic technique of investment wizardry that’s certainly not accidental, but one that is earned by mastering the fundamentals of a successful investment plan. Know what investing means Knowledge is key! You must [...]
Buying Foreclosed Property By Way of Rehab loans Rehab loans are an excellent choice for borrowers that desire to simplify and expedite the loan process. These types of loans are based on the value of the property being purchased and beneficial for short term flip projects that last a few months to a few years. [...]
Private Lenders Role in Real Estate Investment Business Private lenders are important in real estate investment business. Why? Well, a couple of years, may have been able to get relatively inexpensive loans from your local bank or savings and loan. But those days are gone as traditional lenders are tightening lending practices and in some [...]
Chicago Hard Money Lenders Generally, Chicago hard money lenders are willing to help those people who have difficulty in purchasing a home of their own. They are composed of individuals or small companies who grant home loans at a higher interest rate compared to other lending institutions. They also require a standardized equity from the [...]
Dear Friend, Almost every business must produce new leads and new clients to survive! Where do you get your leads? Networking? Newspapers? Craigslist? Realtors? Do you have an automated system that brings you fresh new prospects every week? If not, when do you plan on creating a system to bring your business new new leads? [...]
What are private mortgages? Private mortgages, which are often called trust deeds or "hard money" loans, are as legally binding as a mortgage issued by a bank. With the banks strict lending policies many borrowers are turning toward private mortgages to fund real estate transactions, like wise, with unpredictable market returns, investors are looking at [...]
