5 STRATEGIES FOR SUCCESSFUL REAL ESTATE INVESTING JIM INGERSOLL
One big hurdle that everyone has to get
over before jumping into today’s market is
FEAR.
Where a lot of investors fail,
is they do not invest
in themselves.
1.
Chicken little – market is just terrible…
2.
Can’t buy a house with bad credit, no job and
your checking account for BIG down payments?
no money
NOT MANY! Besides the tough under-writing on
loans and the big down payments, there are more
3.
Landlord “HORROR” stories
problems with bank financing associated with Risk.
Risk with banks comes in the form of full-recourse
4.
ALL deals are always done with banks &
loans and personal guarantees that can put all your
brokers
assets at risk. Banks will limit your ability to build
your cash flow and equity. If you eliminate the need
5.
I DON’T know where to start
for bank financing, you are free to buy as many
houses as you want.
Here are 5 strategies of the investors that are
capitalizing today and making a killing investing in
real estate. Each of these strategies for investing
will help you overcome your own fear and allow
2. Invest with OPM, Private Lenders and a
Financial Friend Network
you to move forward in today’s market.
What does it take to eliminate bank financing?
There are two ways to do it. First, you can get
1. Eliminate Bank Financing
seller financing. The good news on seller financing
is that it is easier then ever before to get it. Did you
Bank financing is a major pain to use and
continues to be the number one challenge that
investors must overcome to find success.
Yes,
you can get fantastic interest rates right now, but
you
have
to
go
through
a
huge
pile
of
documentation, loan applications, provide copies
of your leases and beg an underwriter in order to
get the final loan approved. You will also be asked
to put about a 25% down payment on your
investment acquisitions. How many houses can
you buy if you have to keep pulling money out of