Monthly Archives: June 2022

The Value of “Different” Financing

I was having a short meeting this morning with a relatively new investor.

I stopped by the project they were working on and had a few tips to share to help speed things up.

The conversation turned to the email we sent yesterday about “Subject To” financing and when it was a good time to take advantage of that type of deal structure.

By the time we finished one comment got my attention.

“So by Alternative Financing, you just really mean “Different” Financing.”

Exactly.

It was a simple little change in language – but it was great to see the light bulb go off.

It’s a lot of fun when you are early in the process – learning about real estate – and all the different ways you can participate in the industry.

Some people love the hands-on work of rehabbing a house on their own.

Other people really enjoy the marketing and listing of properties.

And still others really get into the financing side of our business.

No matter what part you like the most – nothing happens until some capital changes hands. Somewhere along the way people like to get paid for their work.

When you understand how to finance properties that are a little outside the normal processes, you world will change and the possibilities become endless.

And that’s why this Monday at our WREIA meeting is so important. Over the next few months as rates start to rise and banks start to restrict access to their capital, other sources of financing are going to be incredibly valuable to your business.

Join us Monday night for our June WREIA meeting.

The topic for WREIA this month is:

“Finding Alternative Sources of Financing”

Bring some questions Monday night.

We have a great group of investors who tune in to watch, interact and help other local DC area investors each month.

Come join us!

My sole focus for the June 2022 WREIA meeting is:

Helping you develop the skills to identify alternative sources of financing for your projects over the next couple of years.

Spend a few moments with us at our next WREIA meeting Monday night– it could save you a fortune down the road.

See you Monday!