Ten Methods Of Creative Financing

Written by Steve Gillman

Continued from page 1

6. Retirement accounts. The laws get pretty complex in this area, but you can check with a tax attorney to see how you might borrow from your own retirement account to finance real estate investments.

7. Friends and family. Keep it all business, if you use this source, but loaning you money at 7% isn't a gift if their money is getting 2% inrepparttar bank.

8. Note buyers. The seller needs cash. He raisesrepparttar 147582 price, and sells to you for $100,000 with no money down, taking back two mortgages from you for $90,000 and $10,000. He arranged (or you did) for a note buyer to pay him $80,000 cash forrepparttar 147583 first mortgage at closing, getting himrepparttar 147584 cash he wanted. You pay two payments now, one to each note holder.

9. Get a loan on other property. Interestingly, if you take out a home equity loan for a vacation, and then forget to use it for that, you can use it forrepparttar 147585 downpayment on an investment property, without violatingrepparttar 147586 rules ofrepparttar 147587 bank that gives yourepparttar 147588 primary mortgage. In other words, you got in with no cash of your own.

10. Partnerships. For bigger projects, you could arrange for five investors to each put money into a partnership, with your share beingrepparttar 147589 management responsibility instead of cash.

Steve Gillman has invested real estate for years. To learn more, and to see a photo of a beautiful house he and his wife bought for $17,500, visit http://www.HousesUnderFiftyThousand.com

Bad Credit? With Poor Credit You Can Still Refinance Or Get A Home Equity Line Of Credit

Written by Carrie Reeder

Continued from page 1

Obtaining a home equity line of credit is can berepparttar perfect solution for people with remodeling goals, children to put through college, orrepparttar 147551 need for access to extra cash inrepparttar 147552 event of an emergency or unexpected financial situation. You can userepparttar 147553 money for any purpose and gain peace of mind in knowing you are prepared for whatever life brings you.

Refinancing your mortgage or getting a home equity line of credit has beenrepparttar 147554 answer for millions of people looking to realize their financial goals. Even if your have bad credit there are loans and lenders who specialize in helping finance people with poor credit. They can help you reach your individual objectives.

To see a list of recommended bad credit mortgage loan companies online, visit this page: www.abcloanguide.com/lessthanperfectcredit.shtml. Carrie Reeder is the owner of ABC Loan Guide. It is an informational loan website, with informative articles and the latest finance news.

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