Why Use Private Money For Real Estate Investing? Limited Hassles and Paperwork!
November 5, 2011 by Kenny Santos
Filed under Real Estate Investing
The last time I went through the traditional mortgage application process I thought I would choke on the paperwork. The number of phone calls and faxes involved was ludicrous. I thought to myself ?There must be a better way.? The good news? there IS a better way, and it?s called private money for real estate investing.
When you initiate the process of applying for mortgage financing, you had best realize that you are unleashing a blizzard? a blizzard of forms, applications, faxes and phone calls back and forth with the lender. If you would prefer not spending countless hours in front of the copier, or with the phone receiver glued to your head, then consider the alternative of private money for real estate investing.
By developing a system of finding and using private money for real estate investing, you will enjoy the benefit of greatly reduced hassle and paperwork. The last private money loan I closed on involved exactly three phone calls and one meeting with my lender to sign a simple note. In fact, we had an enjoyable lunch together, so even that part was completely painless.
The simple fact is that when you develop your own group of lenders, all of whom stand ready to provide you with private money for real estate investing, you are creating freedom for yourself? freedom from the mind-numbing experience of applying for loans, proving you make what you say you make, apologizing for past credit mistakes, explaining gaps in employment, and begging for special dispensation.
Talk about a de-humanizing experience. Why would anyone willingly subject themselves to that, when there is a much better alternative?
The alternative is to apply just a little bit of effort and develop a group of consistent, loyal lenders to partner with. The great news is that when you make a decision to find and use private money for real estate investing there is a wealth of information available to you.
To start your research on finding and using private money for real estate investing try http://www.private-money-real-estate-investing.com.
Now, go make more offers!
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Tom Dunn is a successful real estate investor and author of the popular DealFiles Real Estate Investor Stories free newsletter. You are welcome to share this report, unedited and in its entirety, with anyone you like. You may not remove this text. ? 2007 by Tom Dunn. |
Accelerate Your Real Estate Investing Career By Avoiding The Problems Associated With Poor Planning
February 23, 2010 by Kenny Santos
Filed under Real Estate Investing
Real estate investing is an exciting career, and you’ll have many opportunities to make sales and close deals that make you lots of money. It might be that you rent a property to a young couple, or perhaps you sell an older couple their dream retirement home. Either way, you need to keep in mind some simple steps to make sure you don’t mess up the deal completely. The following tips will help you stay on track and avoid the problems of poor planning in your real estate investing career.
Close The Sale
There comes a point in any sales conversation when it’s really obvious that the person wants to buy. When that happens, don’t keep talking about how great the deal is - get out the necessary paperwork, fill it out and get the deal closed as fast as possible. The more you talk, the bigger the chance that you say something that may actually talk them out of it. If they say they’re ready to take action, then help them do exactly that.
Home Improvements
If you have a property that needs some work, you might find you’re better off waiting until the work has been done before showing prospects through the house. You can spend countless hours telling people exactly what your plans are, but chances are they just won’t be able to visualize the finished product and will walk away. To be fair, they’ve probably been told plenty of empty promises in the past and so just assume you’re telling them a lot of hot air as well. Show them when it’s done and you won’t waste your time.
Don’t Show Off
Okay, so you’ve been in real estate investing for a while and you know quite a bit about it. Good for you! But be wary of spending your time educating your prospects about stuff they’re really just not interested in. Once you start imparting knowledge when the buyer never asked for that information, you’ll probably find they’ve completely tuned out to what you’re saying, and regaining their interest can be tough. Only expand on a point if the prospects ask you to. Otherwise you could either just confuse the prospect or bore them so much they change their minds.
There are plenty more things you can learn about not losing a sale, as these tips are simply a few pointers to get you started. Still, just these few tips can make a big difference to your success rate in real estate investing.
|
Want to really learn how to make money in real estate investing? Then quickly rush over to Successful-Real-Estate-Investing-Tips.info where you will find a variety of real estate wealth building information using rental property, flipping properties and forclosures. |
Why Use Private Money For Real Estate Investing? Limited Hassles and Paperwork!
December 8, 2009 by Kenny Santos
Filed under Real Estate Investing
The last time I went through the traditional mortgage application process I thought I would choke on the paperwork. The number of phone calls and faxes involved was ludicrous. I thought to myself ?There must be a better way.? The good news? there IS a better way, and it?s called private money for real estate investing.
When you initiate the process of applying for mortgage financing, you had best realize that you are unleashing a blizzard? a blizzard of forms, applications, faxes and phone calls back and forth with the lender. If you would prefer not spending countless hours in front of the copier, or with the phone receiver glued to your head, then consider the alternative of private money for real estate investing.
By developing a system of finding and using private money for real estate investing, you will enjoy the benefit of greatly reduced hassle and paperwork. The last private money loan I closed on involved exactly three phone calls and one meeting with my lender to sign a simple note. In fact, we had an enjoyable lunch together, so even that part was completely painless.
The simple fact is that when you develop your own group of lenders, all of whom stand ready to provide you with private money for real estate investing, you are creating freedom for yourself? freedom from the mind-numbing experience of applying for loans, proving you make what you say you make, apologizing for past credit mistakes, explaining gaps in employment, and begging for special dispensation.
Talk about a de-humanizing experience. Why would anyone willingly subject themselves to that, when there is a much better alternative?
The alternative is to apply just a little bit of effort and develop a group of consistent, loyal lenders to partner with. The great news is that when you make a decision to find and use private money for real estate investing there is a wealth of information available to you.
To start your research on finding and using private money for real estate investing try http://www.private-money-real-estate-investing.com.
Now, go make more offers!
|
Tom Dunn is a successful real estate investor and author of the popular DealFiles Real Estate Investor Stories free newsletter. You are welcome to share this report, unedited and in its entirety, with anyone you like. You may not remove this text. ? 2007 by Tom Dunn. |
Accelerate Your Real Estate Investing Career By Avoiding The Problems Associated With Poor Planning
April 22, 2009 by Kenny Santos
Filed under Real Estate Investing
Real estate investing is an exciting career, and you’ll have many opportunities to make sales and close deals that make you lots of money. It might be that you rent a property to a young couple, or perhaps you sell an older couple their dream retirement home. Either way, you need to keep in mind some simple steps to make sure you don’t mess up the deal completely. The following tips will help you stay on track and avoid the problems of poor planning in your real estate investing career.
Close The Sale
There comes a point in any sales conversation when it’s really obvious that the person wants to buy. When that happens, don’t keep talking about how great the deal is - get out the necessary paperwork, fill it out and get the deal closed as fast as possible. The more you talk, the bigger the chance that you say something that may actually talk them out of it. If they say they’re ready to take action, then help them do exactly that.
Home Improvements
If you have a property that needs some work, you might find you’re better off waiting until the work has been done before showing prospects through the house. You can spend countless hours telling people exactly what your plans are, but chances are they just won’t be able to visualize the finished product and will walk away. To be fair, they’ve probably been told plenty of empty promises in the past and so just assume you’re telling them a lot of hot air as well. Show them when it’s done and you won’t waste your time.
Don’t Show Off
Okay, so you’ve been in real estate investing for a while and you know quite a bit about it. Good for you! But be wary of spending your time educating your prospects about stuff they’re really just not interested in. Once you start imparting knowledge when the buyer never asked for that information, you’ll probably find they’ve completely tuned out to what you’re saying, and regaining their interest can be tough. Only expand on a point if the prospects ask you to. Otherwise you could either just confuse the prospect or bore them so much they change their minds.
There are plenty more things you can learn about not losing a sale, as these tips are simply a few pointers to get you started. Still, just these few tips can make a big difference to your success rate in real estate investing.
|
Want to really learn how to make money in real estate investing? Then quickly rush over to Successful-Real-Estate-Investing-Tips.info where you will find a variety of real estate wealth building information using rental property, flipping properties and forclosures. |
Accelerate Your Real Estate Investing Career By Avoiding The Problems Associated With Poor Planning
April 15, 2009 by Kenny Santos
Filed under Real Estate Investing
Real estate investing is an exciting career, and you’ll have many opportunities to make sales and close deals that make you lots of money. It might be that you rent a property to a young couple, or perhaps you sell an older couple their dream retirement home. Either way, you need to keep in mind some simple steps to make sure you don’t mess up the deal completely. The following tips will help you stay on track and avoid the problems of poor planning in your real estate investing career.
Close The Sale
There comes a point in any sales conversation when it’s really obvious that the person wants to buy. When that happens, don’t keep talking about how great the deal is - get out the necessary paperwork, fill it out and get the deal closed as fast as possible. The more you talk, the bigger the chance that you say something that may actually talk them out of it. If they say they’re ready to take action, then help them do exactly that.
Home Improvements
If you have a property that needs some work, you might find you’re better off waiting until the work has been done before showing prospects through the house. You can spend countless hours telling people exactly what your plans are, but chances are they just won’t be able to visualize the finished product and will walk away. To be fair, they’ve probably been told plenty of empty promises in the past and so just assume you’re telling them a lot of hot air as well. Show them when it’s done and you won’t waste your time.
Don’t Show Off
Okay, so you’ve been in real estate investing for a while and you know quite a bit about it. Good for you! But be wary of spending your time educating your prospects about stuff they’re really just not interested in. Once you start imparting knowledge when the buyer never asked for that information, you’ll probably find they’ve completely tuned out to what you’re saying, and regaining their interest can be tough. Only expand on a point if the prospects ask you to. Otherwise you could either just confuse the prospect or bore them so much they change their minds.
There are plenty more things you can learn about not losing a sale, as these tips are simply a few pointers to get you started. Still, just these few tips can make a big difference to your success rate in real estate investing.
|
Want to really learn how to make money in real estate investing? Then quickly rush over to Successful-Real-Estate-Investing-Tips.info where you will find a variety of real estate wealth building information using rental property, flipping properties and forclosures. |

