How to Get Money Back from Your Hard Money Lender at Closing!
Thursday, November 19, 2020
HOW TO GET MONEY BACK AT CLOSING ! Do you want to know the strategy? Leveraging is one of the most important techniques in Real Estate Investing.
There is an evolution in Real Estate investing. Most are taught to begin with Wholesaling so that the investor can generate capital. The next step is flipping and joint venturing that yields higher profits. However, in each scenario there is cash out and each strategy must have an initial outlay to work. We are going to discuss the solution for those that don’t want to use their own capital.
As a real estate investor, one of the most important roles you will play is to put together your deals using a variety of different financing tools. Knowing what type of strategy for you or the end buyer is crucial to closing the deal efficiently.
At this meeting, Joe Boston and John Dudley will describe how to leverage OPM to purchase investment properties.
To Be Discussed:
- The Type of properties that you can leverage
- The buying strategy
- The target areas
- The tools needed to evaluate the property
- The loan
- The numbers and how it works
- Other investment Tools
In this environment it is a good idea to learn the different options that exist without using your own money.