Raising Capital for Real Estate Investing is Easier Than You Think
Real estate investors can raise money and get access to private loan lenders easier than you may have thought. The secret to getting the money you need quickly is using the right tools to do the job.
Many investors contact me seeking funds for their repo or rehab projects. While hard money lenders and a few rehab loan niche lenders do have money to loan, many times the investor or project does not fit the lending criteria of the lender. Such issues as the borrower’s liquid assets; credit score; income documentation; location of the property; minimum loan amount guidelines and the like result in the lender saying, “NO” to the request.
In my endeavor to help real estate investors find other ways to raise money for their projects, I have discovered two excellent strategies for getting the money you need without hassle and quickly, namely:
[1] Building Your Own Corporate Credit – have access to $200,000 or more in 45 to 90 days.
[2] Get All the Money You Want From People, Not Banks – private lenders (regular people) who want a greater return than what their CD’s are giving them. Also, people with self-directed IRAs are great private lenders looking for a better return on their money. These are the people who will beg to lend you money into the millions (no kidding) on your terms.
Using either of these strategies for raising capital, you no longer need to jump through the hoops of hard money lenders for “loan approval” or max out your personal credit cards to raise money to buy that fixer-upper or spend money on repair costs – all the while jeopardizing your personal credit.
The strategies I recommend will also turn you into a CASH BUYER. That is a powerful position to be in. It can mean the difference between getting your offer accepted over other competitors that need financing and can’t close as fast as a cash buyer.
Strategy #1: Building Corporate Cash Credit
Real estate investing can and should be run like a business. As a business you can build business cash credit for all types of business related expenses. Imagine having $200,000 or more at your fingertips to buy a property for cash based on your sole opinion that the project is a good deal, not an underwriter’s opinion.
Use business credit to pay for rehab costs without using your personal credit or making any personal guarantees.
Use business credit to raise down payment money for larger commercial properties. Use business credit to pay for vehicles, equipment and anything else you need to run your real estate business.
More Benefits of Business Credit:
Separate your business credit from your personal credit.
Stop providing personal guarantees on business credit.
Create a new clean business credit profile.
Have a higher personal credit score by keeping business credit out of your personal name.
Convenience of doing business on credit instead of cash.
Establish credibility with vendors.
Have peace of mind, knowing business creditors can not attach your personal
assets.
Increase cash flow by using credit instead of working capital.
Create a credit profile with the largest business credit bureaus in the world.
Get credit in the business name without ruining your personal credit and without personal credit checks.
Save thousands of dollars in interest payments by getting the best interest
rates.
Click on the Button above to learn more about building business credit to invest in real estate.
Strategy #2: Get All the Money You Want from People, Not Banks
Could you use an unlimited supply of money to do all the residential and commercial deals you can find? If you answered, “YES,” then the easiest way to raise money (without credit or even a job) is to get it from regular people, not banks...and you’ll get it faster, easier and without limits as to how much you can borrower – think what you could do with that kind of borrowing power!
Using private lenders gives you all the advantages of Strategy #1: Building Corporate Cash Credit. However, using this second strategy of private lenders gives you a bigger advantage, and that is being able to raise an unlimited amount of money quickly, into the millions.
Now you may think that raising private money is as simple as asking your friends and family for money or putting an ad in the paper, but it is not as simple as that.
This strategy needs a proven turn-key system to work.
If you make the wrong first impression on your potential private lender, you’ll be dismissed as an amateur or fly-by-night – and it will be difficult to ever reverse that perception. Lenders need to trust you to complete your renovations, make timely loan payments (if there are any), and pay off the loan balance as agreed.
A proven private lender system will make your phone ring off the hook with prospective lenders, win their trust and create a limitless supply of money – ready to be loaned on your terms.
Click the Button above to learn more about getting all the money you want from people for all your real estate deals.
Best wishes in your goals to build wealth through real estate investing. I’m confident these two recommended resources will help you raise money for all your deals and also help you avoid costly mistakes and dramatically shorten the learning curve.
Naomi M.
Many investors contact me seeking funds for their repo or rehab projects. While hard money lenders and a few rehab loan niche lenders do have money to loan, many times the investor or project does not fit the lending criteria of the lender. Such issues as the borrower’s liquid assets; credit score; income documentation; location of the property; minimum loan amount guidelines and the like result in the lender saying, “NO” to the request.
In my endeavor to help real estate investors find other ways to raise money for their projects, I have discovered two excellent strategies for getting the money you need without hassle and quickly, namely:
[1] Building Your Own Corporate Credit – have access to $200,000 or more in 45 to 90 days.
[2] Get All the Money You Want From People, Not Banks – private lenders (regular people) who want a greater return than what their CD’s are giving them. Also, people with self-directed IRAs are great private lenders looking for a better return on their money. These are the people who will beg to lend you money into the millions (no kidding) on your terms.
Using either of these strategies for raising capital, you no longer need to jump through the hoops of hard money lenders for “loan approval” or max out your personal credit cards to raise money to buy that fixer-upper or spend money on repair costs – all the while jeopardizing your personal credit.
The strategies I recommend will also turn you into a CASH BUYER. That is a powerful position to be in. It can mean the difference between getting your offer accepted over other competitors that need financing and can’t close as fast as a cash buyer.
Strategy #1: Building Corporate Cash CreditReal estate investing can and should be run like a business. As a business you can build business cash credit for all types of business related expenses. Imagine having $200,000 or more at your fingertips to buy a property for cash based on your sole opinion that the project is a good deal, not an underwriter’s opinion.
Use business credit to pay for rehab costs without using your personal credit or making any personal guarantees.
Use business credit to raise down payment money for larger commercial properties. Use business credit to pay for vehicles, equipment and anything else you need to run your real estate business.
More Benefits of Business Credit:
Separate your business credit from your personal credit. Stop providing personal guarantees on business credit. Create a new clean business credit profile. Have a higher personal credit score by keeping business credit out of your personal name. Convenience of doing business on credit instead of cash. Establish credibility with vendors. Have peace of mind, knowing business creditors can not attach your personal
assets. Increase cash flow by using credit instead of working capital. Create a credit profile with the largest business credit bureaus in the world. Get credit in the business name without ruining your personal credit and without personal credit checks. Save thousands of dollars in interest payments by getting the best interest
rates.
Click on the Button above to learn more about building business credit to invest in real estate.
Strategy #2: Get All the Money You Want from People, Not BanksCould you use an unlimited supply of money to do all the residential and commercial deals you can find? If you answered, “YES,” then the easiest way to raise money (without credit or even a job) is to get it from regular people, not banks...and you’ll get it faster, easier and without limits as to how much you can borrower – think what you could do with that kind of borrowing power!
Using private lenders gives you all the advantages of Strategy #1: Building Corporate Cash Credit. However, using this second strategy of private lenders gives you a bigger advantage, and that is being able to raise an unlimited amount of money quickly, into the millions.
Now you may think that raising private money is as simple as asking your friends and family for money or putting an ad in the paper, but it is not as simple as that.
This strategy needs a proven turn-key system to work.
If you make the wrong first impression on your potential private lender, you’ll be dismissed as an amateur or fly-by-night – and it will be difficult to ever reverse that perception. Lenders need to trust you to complete your renovations, make timely loan payments (if there are any), and pay off the loan balance as agreed.
A proven private lender system will make your phone ring off the hook with prospective lenders, win their trust and create a limitless supply of money – ready to be loaned on your terms.
Click the Button above to learn more about getting all the money you want from people for all your real estate deals.
Best wishes in your goals to build wealth through real estate investing. I’m confident these two recommended resources will help you raise money for all your deals and also help you avoid costly mistakes and dramatically shorten the learning curve.
Naomi M.
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