"Private Lending Financing, Bad Credit Mortgages, Easy RE Loan
"Private Lending Financing, Bad Credit Mortgages
, Easy RE Loan
"Want To Find, Attract and Utilize Private Lending Financing To Fund Your Real Estate Needs?"
Try OCF Private Lending Financing!
OCF Private Lending ...
Eliminating and Reducing Banks and Corporate Middlemen!
Drawbacks of Conventional Financing:
The borrower has to qualify based on credit profile, documentation of income, and available assets and cash reserves. The Lender has to approve the condition of the property which can be a major problem if you are buying or financing a property that might need repairs. Because of all the paperwork requirements of conventional lenders they are relatively slow to close, which is detrimental to your timeline or needs. So don't delay get your Private Lending Funding started today.
Benefits of OCF Private Lending Financing
Could you use an unlimited supply of money to fund your real estate needs? If you are unable to obtain conventional financing the answer to that question is a resounding yes! Common sense says that in real estate you need cash to finance real property, right? So nowadays how do you get this cash without having to go to a bank, qualify for a loan, waiting to be approved and having to putt up a huge downpayment? The answer is by using private lenders to fund your real estate deals.
What is a private lender and what is private lending? The definition of a
private lender is an individual that you can negotiate directly with on a
personal basis to borrow money for real estate investments. These are
individuals from all walks of life who do not lend money for a living and may
not know the first thing about the real estate business but who have some form of capital or assets that they can invest with.
These individuals are generally middle class people, who have some extra funds to lend. They can be retired business people, corporate executives,
professionals such as doctors, lawyers, or business owners or even blue collar workers all looking for returns substantially above the paltry 1% to 3% they get at the banks.
When most people think of someone who lends money for real estate they are likely to imagine a wealthy individual, but wealthy individuals are only one category of private lenders. The bottom line is private lenders can come from all walks of life.
So the concept of "private lending" can be defined as the process of borrowing real estate investment funds from private individuals at rates higher than these lenders can normally achieve using conventional investing institutions like banks and conventional investment vehicles like stocks, bonds, CDs etc.
Private Lenders Will Line Up and Rush To Give You Money For Your Real Estate Deals and Here's Why.
Private lenders will be eager to loan you money because of the simple fact that you will be paying them a much higher interest on the money that they've loaned to you than what they are getting from the banking industry. And this loan or their money is secured by the real estate that you will be purchasing or financing. So there is little risk for them when they invest in your property (ies) or business and the fact that the money they loaned you is secured by much higher value real estate is attractive and easy for them to understand, which makes it an even easier sell for you to get them to sign up to your private lending need or program.
You can find private lending prospects through OCFs services and "word of mouth" will spread like wildfire because a great deal of people will find out from their friends or relatives that you pay high interest for their loans on your real estate needs or projects. They will want to get in on the "action" and take advantage of this tremendous money making opportunity that you are offering.
There are many benefits and advantages in using private lending financing. The bottom line is that financing is undeniably an important component of any real estate business. Few individuals have enough of their own cash to use to purchase properties, and those who do, regardless of their
credit situation, generally know better than to use their own cash in their real estate needs.
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