Lots of people want to become real estate investors, but they have limited funds for down payments and think that buying and holding or flipping properties are the only ways to make money or build a real estate portfolio. FALSE! There are many strategies for investing in real estate without tons of cash. I’m not going to blow smoke like TV gurus and say “Buy Real Estate With No Money Down or Cash Free Real Estate”. Join us on Monday, February 19th at Corkys in Brentwood,TN at 11:30am-1:00pm and We can show you how to control property through different types of lease options that will allow you to generate a positive cash flow.
If you’re looking at flipping a property with a high profit margin, consider securing your down payment or renovation money through home equity lines of credit, credit cards, selling an automobile or even a life insurance policy. I remember years ago when I took a cash advance on a credit card to buy a house.
However, buyer beware, research your investment thoroughly before turning to these riskier alternative sources of funding. Remember if the deal doesn’t workout you may be delivering pizzas & newspapers to repay your lenders.
Financing for the actual purchase of the property could be possible through private money lenders which you can find at a local real estate investors association or smaller local banks. Some private money lenders & especially banks require your credit history and/or expierance to meet certain criterias.
When you borrow from a person as opposed to an bank, that person is generally going to be more conservative and more protective of giving their money to a stranger.
Just be aware that you may be met with some adversity or skepticism if you do not have a history of successful real estate investments.
To learn more visit us next week at Corkys Bar-B-Q in Brentwood, TN 11:30-1:00pm or join online today.
TNREIA Recommends NTN-Tennessee:
Don’t Let This Happen To You!
Exceptional screening solutions since 1980.
For more than 25 years, National Tenant Network has been focused on a single goal: to help property owners and managers make the best leasing decisions possible. We care about your bottom line, understand the importance of maintaining the integrity of your rental property and strive to provide exceptional service to every subscriber.
As the nation’s oldest and largest national resident screening service, NTN has successfully screened more than 15 million applicants. Our in-depth knowledge of resident screening and landlord/tenant challenges helps us deliver exceptional resident screening solutions.
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Our subscribers are:
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They count on us to help them make informed decisions, eliminate potential high risk tenants and protect their bottom line. Whether you own or manage thousands of units and multiple properties or are an individual landlord, our comprehensive suite of solutions or individual reports will help you succeed.
Subscribe today and protect yourself from unknowingly accepting someone else’s problem and be sure to use TNREIA for the special discount code!
Get your name out to over 2,500 real estate professionals in the Middle Tennessee area. For only $450 per year, you gain access for two members of your company to all Tennessee REIA networking events and workshops, 50% discounts on using Tennessee REIA classrooms for presenting your own workshops, products, and services, regular postings in our newsletter, weekly emails, web page, and postings on our social media outlets, and a 10% discount on all other advertising through Tennessee REIA.
A simple investment of only $450 can put you in a strategic position to reach thousands. By joining us through sponsorship, we put you in front of real estate professionals with networking opportunities and online communication. It is our goal to help our members and sponsors come together to strengthen the Tennessee real estate community.
If you would like to hear more about sponsor benefits, or if you have any questions, please contact us at 615-424-2140 or firstname.lastname@example.org.
START YOUR WHOLESALING OR LANDLORDING BUSINESS TODAY!
Members benefit from Sample Purchase & Sale Agreements, Sample Option to Buy Agreements, Sample Assignment of Sale Agreements, Landlording tools such as Sample Leases, Rental Applications & More…. Everything you need to start your wholesaling or landlording business today for only $99 a year….
Join the TNREIA today and enjoy the benefits of being a part of Tennessee’s most experienced group of real estate investors for only $99 a year.
- • free meetings,
- • discounted workshops,
- • access to Tennessee REIA’s Investor’s Library,
- • valuable networking opportunities with other like-minded professionals and industry experts, and
- • additional member benefits can be viewed on our About Us page.
“The BEST REIA in my opinion. Friendly, relaxed, comfortable, and extremely welcoming to all!” – G. Ward Cheatham County, TN.
“This is the place to be, whether you are a newbie, or experienced. Great place to learn and network. AWESOME group . . . this is the FRIENDLY REIA ” - F. Bryant Wilson County, TN