|
|
| *Ostroff, Fair and Company>>>Renting & Real Estate |
How to get money to inverst real estate properties? |
I am working as a programer,annual income is $60,000,I want to invest some real estate,but after the loan payment over 46% of my income,It is hard to get loan approved.how do other people get funding to invest big real estate business? they get money the way anyone would to buy a house, essentially you're buying a house and taking out a loan on the improvements you want to make and selling it, and YOU get to keep the difference. Most people who invest in real estate already have some sort of savings, etc to at least put a downpayment on the property, but if you watch even the real estate investment shows on TLC or HGTV, those people are paying a mortgage on the property each month they spend renovating it, etc, so it's just like having a second house, or you can find a friend, etc who can afford it and I'm sure you can work out a deal that if you do the work somehow you can both split the profit. But if it was easy to get money to do it, everyone in the world would be doing it. You Must know your funding sources like the back of your hand, I could probably help you get financing, just email me! Experienced Real Estate Investor |
| Tags |
| Canada Taxes Australia Taxes Small Business Renting & Real Estate Personal Finance Investing |
Finance Categories--Copyright/IP Policy--Contact Webmaster |