Posts Tagged 'property loan'

5 Valid Reasons For Obtaining Loans From Private Money Lenders

Posted on: April 16, 2011

Categories: Other Articles

Author: lbuen

5 Valid Reasons For Obtaining Loans From Private Money Lenders

Funding Real Estate Deals Using Private Money

Private money lenders are a fantastic source of funding for your real estate business. There are several strong points you can get when you finance your deals with private money compared to traditional loans, lines of credit, bank loans and other types of financing.

Perks of Private Money

Private money played an important role in fueling my real estate business forward. Even when I was just starting, private money has been there to help me close bankable deals. The following are some things I like about this form of financing:

1. No Credit Probe. Your siblings, dad, aunt or anyone in the family could be your private investor. You can also request for private funding from friends, business partners and through referral of people who do not want their spare money to… Read the rest

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4 Ways To Source Investment Property Loans

Posted on: February 11, 2011

Categories: Buy, Investors

Author: lbuen

The drop of mortgage rates and the oversupply of properties in the real estate market have encouraged a number of beginning real estate investors to take a plunge into the market opportunities. Hence, many are now on a treasure hunt, not just for investment properties, but for investment property loans to finance their deals, as well. Generally, an investor can tap investment property funding from four sources.

Low and Slow Investment Property Loans From Banks

Savvy real estate investors tend to shy away from banks because they take at least 30 -45 days to approve a loan especially investment property loans. They are also more stringent in terms of credit rating and in requiring some paperwork to establish the financial stability of the borrower. The strong point about banks though is that they charge lesser interest rates than other… Read the rest

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