As a sole actor in your nascent real-estate investment company, you are the only resource managing the process; from raising capital, finding the right property for the deal, building a budget, and working with all parties through to close.
Every day we get calls at Western Capital from fired-up, real estate investors needing financing for their first deals. Unfortunately, there are plenty of pitfalls that we see. Here are a few tips that can help position one for success.
Everyday, I receive many calls about 100% financing on non-owner occupied properties, usually from eager hopefuls who just attended a seminar somewhere and were told they could make money flipping properties with no money down.