How To Use Private Money To Secure & Grow Үour Real Estate Investing
By Tim Houghten
We are certainly in exciting times for real estate investing . A lot may feel like it is changing from our 12year bull run . But if you ’ ve been through a cycle or two in the past , then this may feel a lot more familiar and predictable .
Success in the months and years ahead is going to largely depend on investors ’ financial position and access to capital .
Critical questions all investors should be asking themselves right now include : If their debt has been optimized to survive , what ’ s next ? And , will they be able to secure new funding to keep thriving and growing as more opportunities arise ?
Meet Joe
We caught up with Joseph V . Scorese to gain insight on the lending landscape , including what we can expect from lenders and what types of funding is still available for investors .
Joseph is National Sales Director at BRRRR Loans ( BRRRR . com ), a national private lender focused on providing loans for real estate investors .
He has personally been investing in this space since 1992 . So , he certainly knows a thing or two about the market , how it works and how to make the most of it .
One of the things that Joseph is most passionate about is educating others on the availability of private money and how it can be used to grow their real estate investing portfolio .
What Exactly Are Private Real Estate Lenders ?
Joseph specifically wants investors to understand that there are alternatives to the credit sources that they used to be limited to .
In his opinion , traditional banks and mortgage lenders really let investors down in the wake of the Great Recession . He doesn ’ t see them stepping up to be competitive or provide the backing that real estate investors need now or will need in the next phase .
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