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Set yourself up to get all the capital you need for real estate investing!

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Everybody likes money!

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You can go to the Dollar Store; you can go to the dollar menu!

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Money doesn't buy you happiness, but it sure can point the direction, because when you don't have money, a lot of us are sad, because we can't even buy the things that we need and sometimes want!

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But how do you get the money that you will need to buy real estate.  Real estate investing requires “some” money for:

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Closing Cost – usually 2% of purchase

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Earnest/Option Fee - negotiable

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Gap Funding – sometimes it happens when you need “fill” in money

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Down Payment – depends on type of loan

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Repairs – calculated prior to purchasing property

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Holding Costs – insurance, property taxes, utilities

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Conventional Loan:

You can go traditional loans if you are starting out, have great credit and 25% cash to put down.

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If you're a first-time investor or you haven't bought any rental properties yet, you may be able to get a conventional loan at one of the big four banks such as Chase, Wells Fargo, Bank of American or even your credit union.  You will need good credit and about 25% cash to put down on your investment property.

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Using a conventional loan to buy investment properties poses a problem for most investors because at some point you run out of the 25% down, unless you're uber wealthy or have a boat load of cash!

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You might be asking – where else can you find money for real estate deals.  You can find money:

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 Asset Based Lenders – stand alone, or independent banks, community banks

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 Hard Money Lenders – fund fast, second set of eyes on properties

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 Private Money Lenders – relationship based, terms negotiable

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 Creative Solution Lenders – Partnerships, JV agreements, sub-to deals

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PRO TIP:

It is hard for lenders to make loans under $100,000 and for my experience, most of them don't.

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Are you looking for funding and the ability s to get the money you need for real estate investing?  I created The Capital Project Blueprint and Fast Track to Real Estate investing just for you!  A simple plan that points you in the direction of finding and funding real estate investment properties – what are you waiting for?  Download your free copy today!