All successful real estate investors have one thing in common – they all know where to find the money. They understand that money is the life blood of the real estate investment industry, and they’ve all invested their time and resources to find reliable sources of finance for their deals.
I agree with a lot of industry experts – the opportunity always lies in the obstacle.
In real estate investing, lack of money is a huge obstacle that most investors cannot overcome. Very few investors ever find a solution to the “money” problem. This means that those savvy investors who do find a solution to the money problem face considerably less competition for deals and can cherry pick the best deals.
Think about it a little differently – why is it that we’re taught to make “cash” offers and “close in one week” when trying to buy a property at a discount? It’s because sellers know that cash buyers have the means to actually buy and close on their property. Most sellers would rather accept a sure thing cash deal than a higher offer with financing contingencies.
The great thing about buying real estate is that although you need money it doesn’t need to be your money. It’s called OPM – Other People’s Money. It’s a trillion dollar industry and its goal is to assist people to buy real estate. Companies like banks and lenders want to lend you money. All you need to do to get their money is understand their rules. Probably the most undervalued part of investing in real estate in finding the right financing for your real estate investment deals.
There are many ways to finance a deal. You can get money from a conventional lender, a private lender, the seller, any third party, the property itself and even gift or grant programs. Don’t limit yourself to traditional funding and don’t be afraid to be creative. Need ideas? Attend our FREE Investment Webinar on Wednesday, Feburary 15.
AT THIS EVENT, YOU'LL LEARN:
How real estate compares to other assets for growth potential.
What are the benefits of real estate investing.
The truth behind the most common myths of real estate investing.
How you can optimize your investing power through real estate.
MY PROMISE TO YOU:
I always do what is best for you, and will never let you close on a bad deal.
Real estate should be purchased for cash flow only; appreciation is a bonus.
Real estate investing is a non-emotional event; I always do the math.
You, as an investor, play a vital role in the real estate market and deserve to be treated accordingly.
The EMA Real Estate Group are your local experts when it comes to investing in real estate. We ensure exceptional service, including both personal consultation (offering vast experience and knowledge on which you can count) and financial advice, particularly about interest and tax benefits for real estate investors.
Emcee Arah - "the REALTOR with Architectural Dimension" – is a Certified Investor Agent Specialist (CIAS). He is uniquely equipped to assist you in navigating today's residential real estate market. Contact us online or by phone at (301) 452-5252. And leave your comments below – we'd like to hear from you.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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