3 Ways to Take Advantage of Investment Property Loans
With the current real estate market sporting steady profits, thousands of people jump on the investment bandwagon. You can earn phenomenal returns on your investment by fixing and flipping homes. Though it’s not easy work, it’s extremely rewarding. However, what many new investors don’t realize is there’s more than one way to flip a profit in the real estate industry.
The Investor's Edge is here to show you three ways to take advantage of investment property loans. This way, you can determine which loan is best for you. As a result, you will open the door to financial freedom more quickly and easily.
1. Give Wholesaling a Try
This option is phenomenal if you’re just starting out with real estate investments. The difference between wholesaling and retail fix-and-flips lies in wholesaling covering only half of the equation. In a wholesale deal, you find a property and get it under contract. Then, you sell the deal to an experienced flipper who will rehab and resale the property on their own.
Pros to a Wholesale Deal:
Cons to a Wholesale Deal:
2. Dive into Fix-And-Flips
Retail fix-and-flip deals are a fantastic way to make a large amount of money in just a few months. With one profitable deal, you can get out of debt, repair your credit and save for the future! For example, if you find yourself $10k in credit card debt and you successfully execute a fix-and-flip deal for a profit of $50k, boom! Your debt is paid off, your credit score skyrockets, and you have extra money to put into a savings plan. You also have the option of using a portion of the profit to flip another home!
Pros to Fix-And-Flips:
Cons to Fix-And-Flips:
3. Connect with a Business Partner
If you are just starting out with fix-and-flip investments and have poor credit, taking on a business partner is a very wise investment. A business partner can provide any essential qualifications you lack. For example, if they have capital for the investment and an excellent credit score, they can snag you loan benefits such as lower interest rates and points. Likewise, if they do not have the time to go find and rehab properties, but you do, it could be a match made in investment heaven.
Pros to Having a Business Partner:
Cons to Having a Business Partner:
Now that you know the best ways to take advantage of investment property loans, you can start on the road to financial freedom right away! The Investor's Edge is here to help you put your best foot forward with real estate investment opportunities. You can start off slowly or quickly, with little capital or a ton, with good or bad credit. The Investor's Edge helps hundreds of people become their own bosses and get out of debt quickly with these incredible financial opportunities. These opportunities are out there now, waiting for you!
Find out how you can make money flipping properties with us by attending the next webinar.