How to get ​financing

[Eric Duran]

I am currently trying to learn how this game works. I have, in the past excelled at anything that I set my mind to. I have found that investing in real estate would be a lot easier and safer than fighting in a cage. Which is what I have done in the past to make money.  The problem facing me and prolly a lot of people out there is we have no idea where to even look to get help financing investment properties. I am looking to buy, fix and sell, for a profit I hope lol. If anyone has any advice or any stories I would love to hear anything. Thanks in advance

[Orlando Paz]

For the type of investment you are looking to get into, there are several common methods used. 

- Conventional Lending (Banks and Credit Unions)

- Portfolio Lending

- Personal Line of Credit (For properties around $35k)

- Peer to Peer Lending (For properties $35k and under)

- Government backed (FHA, VA, FNMA, 201k Loans)

- Partnering up with someone who will provide funds, while you provide other value (Ex. Sweat Equity)

- Private lenders (These are usually professionals with funds available to invest)

- Hard Money (Very expensive, but easier to obtain in comparison to banks)

 Hope this gets the wheels spinning!