Other Investor Financing Options
In This Chapter
• Finding money other than from a bank
• Working with a mortgage broker
• Using seller financing
• Creative financing options
• Special government programs
Up to this point, you have learned the traditional methods of investing in real estate, and how to finance the properties with traditional loans. There is nothing wrong with being a traditionalist. If it works for you, great.
But sometimes you need to be a nontraditionalist, especially when it comes to real estate investing. Sometimes, you cannot find a conventional bank or mortgage company to say yes to a loan, either because of your credit circumstances or because the collateral is not what they want or will accept.
For example, you ...