Rapid Real Estate Investing Results

One of the biggest issues most Real Estate investors are facing right now is with finding funding for their deals. What have your experiences been over the past year? Have you figured out a way to still make it happen.

Please leave some feedback on what you are doing to get deals done. Also, I’m working on finding a way to help you to get these deals done and will hopefully have a webinar over the next several weeks.

My favorite exit strategy right now is to sell properties to owner occupants below full market value. However, this presents a challenge if you are purchasing and trying to quickly turn the property over. (There is nothing wrong with doing this as long as the value of the property will support the price you sell it at. Do not sell your properties for more than they are worth. You are setting someone up for failure if you do this.)

If you have a property you have held for 90+ days, your options are much more open. However, if you are still trying to rehab and then sell to a retail buyer, you have some challenges in this market. Some lenders are requiring you hold the property for a minimum of 30 days and FHA is requiring at least 90 days of title seasoning (you, the seller needs to be on title for 90 days before reselling to an FHA buyer). Do you have the funds to hold this long if rehabbing or doing short sales? I have found a solution to this problem. Let me know if you want more details.

Here is a list of many of your options.
(This list is not a comprehensive list of ways to finance a home and you can use combinations of different methods as well).

1) Use your own cash
2) Use your own credit
3) Use someone else’s cash
4) Use someone else’s credit. (No not identity theft type stuff, credit partners).
5) Find your own sugar daddy to fund (LOL)
6) Use retirement funds from a self directed IRA account. Now this is a really cool way to do things but there are some very specific rules you MUST follow or get pummeled by the IRS.
7) Use someone else’s retirement funds and pay them a fixed rate on a note secured by a mortgage on the property. (This is one of my favorite ways to do this but again, you need to know the rules, and there are many)
8.) Get the owner to hold the financing until you can resell.
9) Find a BIG money 50/50 partner. Now this is great if you can find someone or a company/institution that will do it. This is definitely a more expensive option than some of the others, but what if you could do 3 deals instead of 1 per month and still make the same amount per deal because you could move quickly?

You see, success loves speed. Your most important quality in business and investing is speed of implementation. If you act slowly, someone else is going to beat you to it. That’s why it is important to have ready access to funding for your deals.

I’m going to elaborate on these topics over the next few weeks. If you want to stay on top of this or would like more information about one of these methods in particular, let me know. I have tons of material to help you out.

-MM

P.S. Sign up for our membership site below so you will be notified when I have a new post and when we have our next webinar. You don’t want to miss these webinars, you will learn a ton of great information on them that you can begin implementing right away. Some of the webinars will have something to buy at the end, but they ALWAYS have extremely valuable free info.

_____________________________________
Disclaimer, some of the stuff I present will cost some money. Also, some of it I will get a commission on if you purchase through my link because I have affiliate relationships set up with many specialists in the industry. If you do purchase through my links, it WILL NOT change your pricing for the product at all. In fact, some of my links offer you a discount or extra bonuses from the vendors or with some things I may even offer you a bonus if purchasing through my link. Either way, I always check things out before putting a link to them on my site. I won’t put a link on my site unless I have at least done initial investigations of a product myself.