Real Estate Investing and Marketing
Hi,
Just wanted to create this blog to bounce ideas back and forth regarding real estate investments and the marketing of such properties.
I have bought and sold properties only in the pre-foreclosure status, but am thinking of bank owned homes. I am also interested in hard money loans to Fund My Deals. I am looking for this relationship to fund properties within the Chicagoland Area.
I know most hard money lenders will only fund 65-70% of the after repaired value which makes a lot of sense form the hard money side. If the borrower does not pay, just foreclosure!
I have to be sure I am able to successfully refi the loan once I have taken out a hard money loan, so the qualifying process for a bank loan should be right around the same time as the hard money loan.
I miss the 100% loan days! Those were great. I have set up rent to own programs as well that work very well.
Give me your ideas on funding deals and finding deals.
Comments