Creative Financing

[z9402305245]

Most people think there is only one way for the average person to finance a real estate purchase—that is, go to an institutional lender, like a bank, mortgage company, or savings and loan, and obtain a mortgage. If that were the only way to buy real estate, it would be very difficult to make money as a real estate investor. Fortunately, it's not the only way!

To be successful as an investor, you must think creatively and consider the wide range of possibilities that are open to you, such as borrowing money for a down payment from the real estate broker or agent who is helping to arrange your purchase (yes, you really can do that), or using the equity in property you already own as collateral against a loan that you'll use to make a down payment.

The fact is that there are far more creative techniques than there are conventional techniques for financing a real estate purchase. However, to make use of them you have to know what information to look for and what to do with the information when you find it. In short, you have to know how to develop your own technique.
Getting Started (http://z9402305245.googlepages.com/investing101)
Benefit of Investing in Real Estate (http://z9402305245.googlepages.com/benefitofinvestinginrealestate)
Real Estate Financial Benefits (http://z9402305245.googlepages.com/financialbenefits)
Real Estate Personal Benefits (http://z9402305245.googlepages.com/realestatepersonalbenefits)
Real Estate Income Tax Benefits (http://z9402305245.googlepages.com/realestateincometaxadvantages)
Real Estate Perspective (http://z9402305245.googlepages.com/realestateperspective)
Outline (http://z9402305245.googlepages.com/courseoutline)
Expanding Investment Opportunity (http://z9402305245.googlepages.com/step3)
SUCCEEDING INVESTOR (http://z9402305245.googlepages.com/nomoneydown)
REAL ESTATE GOALS (http://z9402305245.googlepages.com/lesson3)
Real Estate Financing (http://z9402305245.googlepages.com/lesson4)
Creative Financing (http://z9402305245.googlepages.com/nomoneydown2)
Creative Financing 1 (http://z9402305245.googlepages.com/cf1)
Creative Financing 2 (http://z9402305245.googlepages.com/creativefinancing2)
Creative Financing 3 (http://z9402305245.googlepages.com/creativefinancing3)
Pre-Foreclosure (http://z9402305245.googlepages.com/pre-foreclosure)
Foreclosure Financing (http://z9402305245.googlepages.com/foreclosurefinancing)
Short Sale (http://z9402305245.googlepages.com/shortsale)
Short Sale Work (http://z9402305245.googlepages.com/shortsalework)
Link Exchange (http://z9402305245.googlepages.com/link)

[jmartin1970]

Great post!!! It took me a while to figure this out when I first started.

[BRITT REED]

What ways can you work out a situation with the broker?

[Codythebest]

What ways can you work out a situation with the broker?

With a borker, not much. He wants to be paid so it's him or nothing.
But with the owner, sky's the limit...

[cgmaker]

Thats not true, you may be able to get a privately owned broker or agent to take their commission in payments. It is a monthly cashflow. You just have to try by asking.

[BRITT REED]

Thats not true, you may be able to get a privately owned broker or agent to take their commission in payments. It is a monthly cashflow. You just have to try by asking.

Have you done this before?

[Codythebest]

Thats not true, you may be able to get a privately owned broker or agent to take their commission in payments. It is a monthly cashflow. You just have to try by asking.

Did you find any so far?

[cgmaker]

Yes I have done it before. I even had the agent loan me the money for a moving truck.

[BRITT REED]

Yes I have done it before. I even had the agent loan me the money for a moving truck.

For real? LOL You just asked?

[cgmaker]

Yes. I wouldnt go in there clueless though if I were you. Be knowledgable about creative financing techniques first.

[maxima]

Just another comment, to get money is one thing whther borrow or paydown, but you definately need a ROBUST investment/financial analysis to predict the outcome by consider all expenses+time+interest+...+growth rate+...... Then you will more or less know how much you will get within specific time.

The more math:mad: in your head, the better return.