Leah Kelvin
Active member
For common ways of financing real estate investments, one can turn to traditional bank financing, private money lenders or hard money loans, seller financing, partnerships and joint ventures, crowd funding and syndication for real estate, home equity loans or lines of credit, self directed IRAs , and government backed loans like FHA and VA. Traditional bank financing is where a mortgage is secured following a good credit standing and down payment. Private lenders are usually short-term creditors with charging high interest rates. Seller’s act as the lender in seller financing. Partnerships are beneficial in the pooling of resources. Crowdfunding and syndication enable multiple investors in project investment. Home equity loans tap on home equity Self-directed individual retirement account enables investing retirement funds in real estate Government-backed credits have low down payments It’s important to scrutinize risks, costs and terms by consulting professionals who offer advice that aligns with investment goals as well as financial circumstances.
