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Updated about 2 years ago on . Most recent reply

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Ryan Hickman
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Creative Finance assistance in Arizona

Ryan Hickman
Posted

Looking for assistance with creative financing options advice in the Arizona markets.  The biggest roadblock for me on my first purchase is coming up with enough for a down payment.  Would appreciate any insight.

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Wale Lawal
  • Real Estate Broker
  • Houston | Dallas | Austin, TX
2,434
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Wale Lawal
  • Real Estate Broker
  • Houston | Dallas | Austin, TX
Replied

@Ryan Hickman

Today’s investors should be equipped with not one but several financing options before approaching a deal. Going straight to a traditional lender for a mortgage may seem simple, but this approach will not always guarantee the best loan terms. In many cases, finding the best financing will require investors to get a little creative. That being said, there are so many unique ways to finance real estate it can be hard to fully understand what’s out there. The following creative financing options are a great place to start:

  1. Cash-Out Refinance
  2. Home Equity Line Of Credit
  3. Personal Loan
  4. Seller Financing
  5. Lease Option
  6. Self-Directed IRA
  7. Hard Money
  8. Private Money
  9. FHA Loans
  10. Crowdfunding
  11. Cross Collateral

All the best!

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