Creative Real Estate Financing and Acquisition Strategy # 9
Private Money Loan
CREATIVE REAL ESTATE FINANCING AND ACQUISITION 101 MATT THERIAULT
Creative Real Estate Financing and Acquisition Strategy # 9
Private Money Loan
• A / K / A : Private Money , Hard Money Loan , Private Mortgage , Private Trust Deed , among other terms .
• Often Appropriate When : Seller will discount the price deeply for cash . Property needs a lot of repairs . You have friends , family or organizations with capital available for investing in real estate and they don ’ t particularly want to dirty their hands with rehabbing or leasing .
• When to Avoid : Avoid hard money situations wherein the entire profit margin goes to the Lender .
Above are 9 basic creative real estate financing and acquisition strategies . There are more , but anything else is essentially a variation of the strategies above . Contrary to popular belief , when it comes to investing in real estate , it ’ s not going to be your credit score or bank account balance that presents your biggest obstacle , it will be your creativity .
Matt Theriault
Matt Theriault has worked as a fulltime real estate professional since 2003 and is host of the popular iTunes Podcast , “ Epic Real Estate Investing ”. Matt shares his insight , investing system and gives back through his free real estate investing course and the Epic Pro Coaching . Download Matt ’ s Free Real Estate Investing Course at http :// EpicProfessionals . com /
Learn more about how wealth is created and how taxes ( your biggest expense in life ) can be virtually eliminated legally , ethically , morally and even with the government ’ s blessing by visiting EpicWealthSaver . com .