Real Estate Deals: Know When to Fold ‘Em!I recently met with a seller at her house. This house was part of an estate and was in very bad shape. It also been many years since an updates had been done.She told me that “she knew pretty much what she was going to be able to sell the house for”. This seller tried to put on a show of confidence even though she knew the house needed a roof, kitchen, bathroom and a lot of other repairs. This house also had some mold in the drywall in the … [Read more...]
Financing Your First Real Estate Deal: How to Pitch Your New Business to Banks
May 27, 2012 By Leave a Comment
Financing Your First Real Estate Deal: How to Pitch Your New Business to BanksWould you lend to two recent college graduates who formed a partnership to invest in real estate, with little starting capital, and no business or real estate background? Just a few short years ago I was one of those college grads, eager to get my real estate investing company off the ground, and as you can imagine, securing financing to purchase our first investment property was a major hurdle. The housing collapse … [Read more...]
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