studying the options. You saw the big picture. You know this is something you
want and you make the decision to move forward. Some of us took money that we
didn't have and invested in the education to learn about real estate investing. We took
money to do our LLC, our business start up( businessr cards, signs, advertising,
meetings , building list , searching for homes and doing the numbers to see if what
we had was a deal. We know that we need to find HML's, PML's to move forward
with this real estate property that we found. There is also securing a property through
Creative financing as well .We all are doing this for our future . We set goals
and made plans There are sources for us , we need to share with others when
we find something that works.
We place an offer on this property and them the process begins . You are to close
in 30 days . You have cost at the get go Earnest money, inspections, sometimes
appraisals are needed.
I know this process well. On one home you may pay $1000 to $2500 just to start.
Then you find the HML's while still trying to find some PML's out there to take
2nd on the " skin money that you need to close, holding cost, 20% that HML require.
Then on the 100% rehab you think that is great but then you find out that on the
100% rehab you have to start the rehab with your own money before they release
any of theirs. So now you need a good chunk to make it happen.
You have invested in your future in Business start up and working capital .
The only thing you have left is your Skin! The deal is slowly going down the
drain and you are faced with there is a solution but where is it and how do I get it?
You spend time seeking answers. You pull back on any offers because you lost
one due to no funding. Your options, are you can Quit, or you can continue to meet
and find the right combination to see it through. It is like putting a puzzle together
until it clicks into place.
Can you start and finish with a good outcome? Of course you can .
It may take a little longer than planned but this is not a race but a journey.
I know because I have been there and this process will continue each time we
find a deal So , You can be a casual investor or an Asset Builder. I myself want to
be an Asset Builder.
There are REI Funding Alternatives: Working with a company that understands
the difficulties that we face in acquiring funding for real estate investors and
new business startups has changed my ability to secure and make real estate
investments
Leveraging other people's money is how this works, so you receive a greater ROI.
If you could establish 25k-200k at 0% interest for initial 12-18months with no up
front fees, would this be somethings that could get you out front? and Do it over and
over again. These funds would place you in a winning position,
with that skin money that you need to fill the gaps . If you answered yes ,
then what are you waiting on You have
nothing to loose and everything to gain . Position yourself for success as an
asset builder.
Go to this site sign up and see if they can help you :
Have a Great Day and Good Luck
Linda
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