3 Reasons why Real Estate Investor Financing is in Trouble : home remortgage refinancing review article 2009

3 Reasons why Real Estate Investor Financing is in Trouble by Simone Hardy
voteIf you are a new or experienced real estate investor seeking financing for your real estate deals, you may run into some trouble. The old addage, "If the deal is right, the money will come" may no longer apply. Because of the housing meltdown lenders have changed the rules and real estate investors seeking to finance their deals will pay the price. Now more than ever, if you are a real estate investor needing to finance your deals in this economy, you need to know what lenders want to keep to themselves because 1) 286 lenders have gone out of business since 2006, 2) Fannie and Freddie have put a cap on the number of properties you can finance,including your mortgage and 3) If you are self-employed you can no longer qualify for loans using stated income.The above reasons make it necessary for you as a real estate investor seeking to finance your deals to have an edge. Yes, you can still partner with others and get the deal done that way, but what if for some reason that may not be able to take place? What will you do? You need to have the edge that insider secrets that real estate investors financing their deals need to know to get the deal done.
Lenders are less likely to make it easier for you as a real estate investor to get the financing you need. Yes they do need to make loans to stay in business, but they are going to make it more difficult to secure these loans. You will have to jump through hoops - their hoops. But if you have inside knowledge, you'll make it easier for you and your team to secure your financing.