So you’re ready to start investing- but what money do you spend, and how? Here are a few tips about making your down payment, and managing reserve funds.
Acceptable sources for down payments include any of the following:
Cash value in a life insurance...
23-10-2014 Hits:21 Finances Starting Point Real Estate LLCRead more
Money Source: Bank Financing – Meet Fannie and Freddie
Most people read a book on investing or watch a late night infomercial and lose sight of the most fundamental money source available; which is a bank. Let me take this opportunity to ‘groom’ you to look...
20-10-2014 Hits:107 Finances Starting Point Real Estate LLCRead more
Money Source: Exploring Private Funds
Another source of money when financing your investment is private funds. This is one of my favorites because there are so many different definitions that people have for private funds. Some investors think it means that you get money from some...
16-10-2014 Hits:78 Finances Starting Point Real Estate LLCRead more
So you’re ready to discuss a great opportunity for you, and a potential private investor- but where do you start? Like with any business, communication is key in real estate investment. Many aren’t sure how to properly communicate with potential investors, and feel it’s uncomfortable...
13-10-2014 Hits:66 Finances Starting Point Real Estate LLCRead more
Funding Your Next Investment
Depending upon the situation, funding a real estate investment can be the easiest part of the deal or the toughest; but when you really stop to think about it, most of the money you are looking for is right in front of...
09-10-2014 Hits:65 Investing Starting Point Real Estate LLCRead more
We’ve now discussed the importance of credit, and capacity- but do you have collateral? Here we explore the importance of collateral during the underwriting process.
What if a borrower doesn’t pay their mortgage? Collateral mainly refers to the down payment or total equity. However, the type...
08-10-2014 Hits:38 Finances Starting Point Real Estate LLCRead more