A loan that is Secured by a piece of Real Estate PropertyThe funds are generally issued by Private Investors or CompaniesThe Borrower will receive Funds based off of the Property being purchasedThis is considered an All Cash Offer and TransactionTypically, the Length of Loan is a 12 Month TermA Hard Money Lender is an asset-based lenderClosing Times are generally 14 days or lessFinding ways to use other people's money along with your own is essential in Real Estate Investing, that is, if you want to be successful.You are giving yourself the ability to invest in properties you normally would not have been able to, or would have had to wait substantially longer before doing so.Depending on your Real Estate Strategy, the number of houses you can purchase and Flip/Rehab in a given time period, will determine how successful you are.

Does that maybe not make sense, but has anyone seen success with not paying a bill or two and depending on the possibility of a deal first when you can't really scale when exactly that will be?

Key TakeawaysEven a simple understanding of the cash flow basics can improve an investor’s ability to realize profits.There is perhaps one benefit buy and hold investors covet more so than any other: rental property cash flow.Real estate cash flow is a great goal to strive for if you want to realize a passive business strategy.You could argue that there is nothing more investors aspire to achieve in the real estate industry than passive income.

Recent surveys have shown that over 50% of Canada's pop lives paycheck to paycheck, with no ability to weather a financial storm. 

I decided to wait and see if my tenant reaches out to me first then see what there situation is in regards to job situation and ability to pay.

Does have mortgages on your investment properties effect your ability to get a mortgage for your personal home?

The market will change in a few months like others have said so you'll also have the ability to see how things are progressing over time.

They shouldn't panic, but you never know.Finally, make sure you build in protections for situations where the covid-19 crisis might impact your ability to close.

Being able to brand myself and build a team in the future, great training, culture, and ability to have control of growing my business is big for me.I would love any feedback from someone who has worked with any of these brokerages and/or does luxury homes. 

I am about to get back into wholesaling in Northern Indiana and was wondering if the Corona Virus is affecting the ability to wholesale houses, and if cash buyers are still buying or not?