As a real estate investor, learning how to increase credit score can be an incredibly important asset when it comes to obtaining financing for a property. A good credit score will give you the best mortgage payment size and interest rates. Unfortunately, investors can get bad credit scores for a variety of reasons, such as identity […]
Category: Private Money
Being a real estate investor is not contingent on skill. There is another piece of the puzzle you must be able to tackle to be successful: funding. You need to know the parameters of private money loans vs. hard money loans. They have their similarities, but more importantly they do have their differences. Don’t know […]
Positioning yourself as credible when approaching private lenders is the best way you can start a solid relationship with them. Creating a credibility kit is a great way to jumpstart a relationship with a new potential lender. So, what is a credibility kit? According to FortuneBuilders, a credibility kit is essentially an investor tool used […]
When you’re looking for a private money lender to work with on your next deal, there are a few key questions to consider. You’ll want to start the conversation by asking the potential lender what THEY are looking for in a deal. Always begin the relationship by listening, not talking. After you know that you’re […]
The process of trying to get private lenders to return your calls can be extremely frustrating if you aren’t approaching it correctly. This is something we hear a lot in the real estate investing industry—someone gets a hot lead for a potential private lender and then… {{{Crickets}}} There’s actually a few very specific reasons this […]