Can I Lend Some Money From The Bank ' Then Buy/Own A Real Estate Or Building And Hire It !!Like Getting Money Every Month ' So I Can Pay My Lend Back To The Bank And On The Other Way Im Having My Real Estate Business While Having Money Every Month !!
First attempt to discover any individual you recognize and believe. Whether they're a dealer, agent or lawyer. Just b/c they're this sort of 3 does now not robotically prevent them from being the correct man or woman for you. You have to consider at ease with them. Keep in brain throughout all of this, that they're operating for you. If they aren't operating however simply gathering a paycheck, discover any individual else. Everyone of the aforementioned persons can and can make a large sum of money in case you decide upon to paintings with them. Further, so much markets within the US have tilted closer to the customers aspect to a point. This method you're now within the drivers seat. Everyone within the truly property enterprise demands customers. Best of good fortune. Joe...
One cannot Lend From anyone or anything. They Borrow. Unless you have at least 20% cash to put down, good credit and a great income, no one will Loan you any money to purchase Real Estate.
That what real estate investors do. They borrow money, buy a property, fix it up, then either flip it (resell it) or rent it out. Only the right house works to do this though. You can't just buy any property and expect this to work. It has to be priced right, have minimal repairs needed, and be in the correct location to have a high enough market rent to make money. If you don't know how to find a correctly priced property, inspect it for the necessary repairs, and calculate your total cost on the property when it is done (vs. what you will receive in income), you are not ready to do property investment. Get some books from the library, start reading and educating yourself, then talk to a local real estate investor for info on your local market.
