We continue our Real Estate Investing-Financing the Deal Series
If the applicant has good credit and he/she can show that there is sufficient rationale to invest in the particular project then financing options most likely exist.? Common organizations to obtain financing include banks (commercial or residential types), credit unions, REIT (real estate investment trusts) and many other options.
The requirements are also more stringent in terms of the types of property, carrying costs, income stream (from rental receipts, etc.), etc.? The applicant also needs to have good credit.
While there are markets for higher risk investments, most people want to stick with more conservative options.? Most real estate markets have dropped in value significantly.? It is therefore very important to analyze each deal very carefully.? If the bank feels it is a good investment and is willing to make a loan then the property is most likely a good deal.
Learn More At DistrictREIA?s Next Real Estate Investing Event!
Using OPM (Other People?s Money!) And Partnering in Deals
Source: http://districtreia.com/real-estate-investing/real-estate-investing-financing-the-deal/
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