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3 Ways To Overcome Your Fear Of Financing

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on Thursday, 24 August 2017
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Many real estate investors are allowing themselves to be held back by a fear of using financing. Here’s how to beat that…

Both would-be investors and already active investors can be held back by a fear of using financial leverage. They may fear being in debt, not want to take a hit by having their credit pulled, or just don’t trust the big old banks to pull through or treat them right. These are all understandable concerns. Yet, they don’t have to hold real estate investors back from their goals.

Realize That Leverage is a Must

Leverage is a must for many reasons. It can actually lower risk, help increase diversification, and is vital for 99% of the population to reach their financial goals and needs. Even if your income is great right now, it is essential to create a financial cushion, and build a nest egg for retirement. Only the top 5% of savers may have more than $250,000 in retirement savings. That’s just nowhere near what it going to take to retire today. Once you realize, leverage is a must, it is just a matter of finding the right type that fits your risk tolerance and values. And there are plenty of good options out there.

Non-Resource Loans

Avoiding bad personal debt, or depleting your credit score is smart. Yet, there are non-resource loans and business purpose financing options which don’t require to personally guarantee repayment. These loans are asset based. Either based on the value of the property, or its income production. There are mortgage lenders who offer these options, as well as private lenders who may be approached with your opportunities.

Transactional Funding

Transactional funding is one of these forms of financial leverage. Used in real estate wholesaling, transactional funding means you are in and out of the loan in just a matter of hours. With your deals pre-sold, you already have your exit. Best Transaction Funding requires no credit check, no income verification, and no appraisal, making it one of the fastest, surest, and most efficient types of leverage.

Get in touch and get your Proof of Funds Letter today…

 

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The Best Real Estate Strategy For Starting Out?

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on Monday, 14 August 2017
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What is the best investment strategy for those just starting out in real estate?

Real estate has a place in everyone’s finances. It may either be the primary means of making money and building wealth, or just a core investment which provides essential diversification. So, what’s the best way to get started?

The truth is that the best real estate investment strategy for you may depend on several factors. That may include; the resources you have to start out with (time, money, credit, and skills), and what you like to do. Here are three of the most common and sound ways to get going.

Turnkey Rental Property Investing

Turnkey rentals can be ideal for new investors. They don’t require much time to source, secure, and manage. They don’t require you to be an expert in all areas of real estate. Great providers can bring you quality investments, and handle everything for you. You just put up the money, or combine a down payment with investment property financing.

Private Lending

Those who have a good amount of money to invest may find private lending even easier than rentals. You simply provide your funds to active investors who go out and take all the big risks and do the hard work. You get a set rate of return. This can be done by investing in notes, or negotiating individual loans directly with front line investors. This gets even easier if you invest through a sold asset manager or mortgage broker.

Real Estate Wholesaling

For most, real estate wholesaling stands out as the best initial strategy. It is far easier, and less risky than fixing and flipping houses. It doesn’t require the expertise or substantial capital needed for private lending or buying and managing rental homes or apartments. Wholesaling is faster to learn and can help new investors master the basics, with the smallest amount of risk, and for the fastest returns. It is perfect for those light on resources, and who need to start generating cash fast. It can either be used as a stepping stone to other types of investing, or can become a seven figure plus business.

Summary

There are several great strategies for getting started in real estate. This includes; turnkey rental property investing, private lending, and wholesaling. What’s best for you depends on what you like, and how much time and money you have to begin with. Those thinking about wholesaling can get a free approval for up to 100% financing on their first deal with Best Transaction Funding.

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25 Real Estate Niches For Wholesalers

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on Thursday, 10 August 2017
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Having a niche is important in real estate. There are many more to choose from than most think. Here’s 25 to consider…

Probate and inherited properties

Single family homes

Waterfront condos

Houses with docks and boat slips

Townhouses and gated communities

Cheap and affordable real estate

Green and sustainable homes

Smart homes and technology

High end luxury real estate

Cabins in the mountains

Beach area cottages

International properties

Multifamily apartments

Vacant lots and land

Commercial office buildings

Retail shopping plazas and malls

Mixed use properties

Industrial and warehouse

Income properties

Condemned units and teardowns

Urban micro-lofts

Pet friendly properties

Co-ops

Ranches and rural

Mobile and manufactured housing

Start by finding a good fitting niche for your talents, connections, and what you are passionate about. Dominate that. Become the expert and go-to resource for sellers and buyers. Then expand geographically or into other verticals which can help diversify your income streams, or help feed your lead funnel, or convert missed opportunities.

You can do this all under one brand, or use multiple brand names to really connect with prospects and elevate marketing ROI. There are plenty of choices, and you can mix, match, combine and overlay the above niches, and blend them with other things you are passionate about. For example; Affordable waterfront golf course townhomes in South Florida.

What’s your niche?

Authored by Best Transaction Funding. Where real estate wholesalers come for 100% financing, fast cash, and easy closings for highly profitable transactions. Get in touch and get your Proof of Funds letter so you can make more offers today.

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Where To Find The Money To Flip Houses In 2017

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on Thursday, 02 March 2017
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Where can real estate investors find the money to flip houses this year?

The US real estate market is surging again. Home sales hit a new 10 year record in January 2017 according to NAR and Inman. Yet, it still takes money to make money. So, where can investors find the capital to get started, expand, and make the most of the opportunities?

Lines of Credit & Personal Loans

Despite all of the gurus proclaiming the ability to flip houses with no money and no credit, investors will find they run into expenses. They may find 100% financing for property deals, but there is still due diligence, gas money, and marketing. Personal or small business loans and lines of credit can provide essential working capital, and the flexibility to use it for everything from launching a real estate startup to rehabbing homes. Do expect lenders to demand a reasonable credit score, and normally an existing LLC or business entity to have already been set up for those seeking commercial funding.

Blanket Mortgages

For those who already own portfolios of income properties free and clear, or with significant equity a blanket mortgage can help. These mortgage loans can be used to leverage equity from part or all of a portfolio to bridge out and acquire more property. It provides liquidity to act as a cash buyer, with the simplicity of one set of loan documents.

Commercial Conduit Lenders

A new breed of mortgage brokers and conduits are setting up shop, and are aggressively marketing themselves to investors. They may offer lines of credit, blanket loans, and short-term fixed rate mortgages for rehabbing properties. Many now offer stated income loans. Most still expect significant skin in the game from investors, and often want to see a recent track record of successful acquisitions and exits.

Transactional Funding

Transactional funding lenders provide short-term funding for real estate wholesalers. This is typically 100% financing for back to back house flips. Often no appraisals, credit, or income verification is required. It’s fast and easy to get, and rates can be lower than hard money.

 

Authored by Best Transaction Funding BestTransactionFunding.com is the leading source of transactional funding for real estate wholesalers in the US, where 100% financing, and saying “Yes” is what we love doing all day long.

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5 Places To Find Home Buyers Now

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on Thursday, 01 December 2016
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Where are the end home buyers for your real estate deals now?

For several reasons we could see a new surge in home buying over the months ahead. So how will you take advantage of the potential for more business and smash through your 2017 goals fast?

More Home Buying Activity Ahead?

Between a new bullish outlook on real estate following the U.S. presidential election, anticipation of higher interest rates, looming tax deadlines, and a generation of ex-homeowners now seeing their credit bounce back after the 2008 crisis, there could be more retail home buyers, investors, and funds looking for properties over the next few months.

You’ve probably already set bigger and better income and transaction goals for the new year. With the best transaction funding investors can really do an unlimited amount of deals. The key is having the end buyers lined up to flip them to. So where do you find the buyers now?

China

Despite what Trump has said, we know he has worked heavily with Chinese investors before. New data shows China continues to grow its investment in the US by billions of dollars. With ongoing questions over the future of Asian real estate, and a brighter outlook for America, don’t be surprised if Chinese buyers and investors continue to be one of the most impactful factors in the market in 2017. A smart way to get ahead of the competition here could be utilizing Google ads to reach buyers abroad.

Crowdfunding Portals

Crowdfunding has been swelling in popularity. It may not be as easy to raise money on these portals for the masses, as hoped. However, those that have been successful continue to have a lot of capital to deploy. Look for these buying sources and get right to the money without worrying about launching your own crowdfunding campaigns. They need the inventory. If you can provide it you might have a match.

Note Buyers

There is still a significant amount of distressed property and paper out there. However, those numbers are likely to keep shrinking. Some note investors may need to begin augmenting their deal flow and incomes by investing directly in bricks and mortar. Many already have the capital to make acquisitions.

Lead Lists

Acquire new targeted lead lists of qualified buyers. Data vendors may have lists of those who recently applied for mortgage loans, data by credit score, and more detailed information on investment appetite and strategy. Use them to send emails, direct mail, or call.

Realtors

Don’t dismiss real estate agents. They cultivate big buyer lists and would love to serve them up fresh deals. Just price in whatever commission rates you negotiate and create more win-win scenarios.

 

Authored by Best Transaction Funding BestTransactionFunding.com is the leading source of transactional funding and 100% financing for property wholesalers in the United States.

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Use Transactional Funding To Do More Real Estate Deals

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on Thursday, 27 October 2016
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Want to do more real estate deals?

Who doesn’t right? For many investors transactional funding may be the key to doing more deals. We’re not just talking about boosting your deal volume over the next 12 months, but turning all those leads in your database and on your desk into deals this month.

There is a lot of noise out there in the mortgage lending space right now. Unfortunately, a lot of it just leads to dead ends, dead deals, wasted time, and frustration for real estate investors. So how can Best Transaction Funding Help?

Get Bigger Deals Done

Transactional funding can be ideal for getting those bigger deals done. Perhaps you are wary of taking on a big mortgage or rehab project, but the numbers on the deal work. Transactional funding can be used as ‘dough for a day’ to lock that property down and flip it fast. There are still lots of cheap properties out there, but would you rather make 50% profit on a $40k home or a $4M home?

Get Distressed Properties Financed

There are tens of thousands of distressed properties out there ripe for the flipping. Of course, many of them simply can’t be financed by traditional channels. This can be due to simple issues with missing appliances, worn roofs, old termite damage, or it could be critical fire or hurricane damage, foundation issues, or complete teardowns. Don’t leave these deals for the next guy. You’ll be kicking yourself when another investor makes a mint on them. You don’t have to do the repair work, or put up the cash to fix them. Transactional funding will let you flip them fast to rehabbers or cash buyers, and make a nice profit in the process.

Overcome Liquidity Challenges

It always seems like the best deals come along right when all of your cash is tied up in another deal, right? Don’t let that stop you. Best Transaction Funding offers up to 100% financing, including closing costs. This means you can keep marketing, churning out those deals, and bring in the profits.

No Limit Lending

Too many other lenders still have antiquated limits on the number of loans or dollars you can have out there on credit. At Best Transaction Funding it doesn’t matter. The more deals you’ve got the better.

 

Authored by Best Transaction Funding - the leading source of transactional funding for real estate wholesalers in the US, where 100% financing, and saying “Yes” is what we love doing all day long.

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Zombie Homes Offer Big Potential This Halloween

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on Thursday, 20 October 2016
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There is a horde of opportunities out there for real estate investors this Halloween.

Zombie homes, vacant homes, and distressed properties are running rampant out there. There are still thousands of them. At the same time there is a huge appetite for investment properties and housing. Some cities still have tens of thousands of vacant homes, while investors battle over sparse inventory and the rental market and affordable housing inventory remains incredibly tight.

This means huge opportunities for fast moving real estate investors who get out there, take down some of these zombies, and recycle them.

The thing is that many distressed homes aren’t being publicly marketed. They aren’t on the MLS and they don’t have signs in the yard. Many end buyers either don’t have the know-how to find the owners and make viable offers, or they just lack the time and hustle.

Those investors that are motivated and put in the effort to take action and learn the tactics for finding and contracting to buy these properties have a lot to gain. According to RealtyTrac home flipping profits are up to new highs, and more investors are looking for rehab deals. With homeownership at an incredible low, and more millennials maturing to prime home buying age there is a strong and profitable resale market. Plus, recycling these properties can do a lot of good for young professionals and families and their communities. Real estate wholesalers in particular will find the timing right to do big numbers, and have a big impact.

Thanks to Best Transaction Funding you don’t have to be limited in deal volume based on how much liquid cash you have available right now. Using this transactional funding investors can find, fund, and flip ugly and even scary zombie homes to rehabbers, turnkey providers, and retail buyers fast, while interest rates are low.

These next few weeks are the perfect time to ramp up your business too. With Halloween comes plenty of seasonal real estate marketing opportunities from online content marketing to property tours. Make it fun.

 

Authored by Best Transaction Funding BestTransactionFunding.com is the leading source of transactional funding for real estate wholesalers in the US, where 100% financing, and saying “Yes” is what we love doing all day long.

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What Types of Properties Can I Use Transactional Funding For?

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on Thursday, 06 October 2016
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Which types of properties and real estate deals can benefit from using transactional funding?

As the rest of the real estate world and lenders and banks began collapsing around 2008 transactional funding finally became available to the real estate investor community at scale. Transactional lenders, private lenders, and big funds provided essential liquidity and credit to keep the market alive, and rebounding.

More lenders have now returned to the market, and new conduits are popping up with new twists on asset based lending in order to try to keep fund and bank money working. With all these distractions some investors may not have tried the advantages of transactional funding yet, or may not be aware of how sources like Best Transaction Funding can boost their business in the current environment and make more deals possible. So why use this type of funding? How can you use it?

Property Types Your Transactional Lender May Fund:

  • Single family homes
  • Condos
  • Multifamily properties
  • Commercial real estate including; mixed use properties, hospitality, retail, and office
  • Land and lots

Types of Deals Your Transactional Funding Source May Finance:

Transactional lenders surged in demand when the market was over bloated with REOs and short sales. Yet, there are many, many transactions and scenarios in which they may be used right now.

This may include:

  • Vacant properties
  • Banked owned homes
  • MLS listings
  • Hurricane damaged properties
  • Fire damaged homes
  • Wholesale deals and reverse wholesale deals
  • You lender may even fund mortgage notes

Advantages of Using Transactional Funding:

Transactional funding offers many obvious benefits such as 100% financing, no appraisal or credit score requirements, and great speed.

This, and instant POF letters can all help real estate investors make better offers and be better positioned to compete for acquisitions. It also means being able to take on much bigger deals, regardless of your cash on hand. Some may want to begin using this financing tool much more frequently to leverage lower risk real estate investment strategies as the market begins to shift.

How will you use it?

 

Authored by Best Transaction Funding BestTransactionFunding.com is the leading source of transactional funding for real estate wholesalers in the US, where 100% financing, and saying “Yes” is what we love doing all day long.

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Is Reverse Real Estate Wholesaling Really A Smarter Strategy?

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on Thursday, 22 September 2016
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Is reverse wholesaling a better way to flip properties?

Flipping houses has become incredibly popular thanks to reality TV shows, celebrity home flippers, and a rising housing market. Many investors have found property wholesaling a great way to take advantage of this with less risk, and more volume potential. Now some are pursuing a niche in reverse wholesaling. So how does that work? Could it be a smarter way to profit from the current market?

Reverse Wholesaling has been gaining attention thanks to real estate educators like Kent Clothier at REWW. The concept is simple. Instead of contracting to buy properties or acquiring them, and then going looking for end buyers, reverse wholesaling flips the process around. It means finding the end buyers, then filling their orders with wholesale properties. It’s essentially preselling and taking pre-orders.

Does it make sense? Of course. Instead of investing all the time, effort, and money into inventory which you aren’t sure will sell, or how long it will take to sell, it means the confidence, speed, and enhanced profitability of knowing your deals are already sold before you get them. This decreases risk, and makes sure you are operating at maximum efficiency.

To make this strategy work investors need to target buyers first. The more qualified buyers you have waiting for multiple deals the more you can get out there and do. Of course you will ultimately need the deals, but there are plenty out there if you know where to look. The latest data shows a substantial double digit surge in REOs this year, and there are almost 1.4M vacant homes which could be ripe for flipping.

As a reverse wholesaler your volume and income potential may only be capped by your access to capital. That’s what transactional funding lenders are for. Best Transaction Funding specializes in this type of lending, and can provide up to 100% financing with no appraisal requirements.

 

Authored by Best Transaction Funding BestTransactionFunding.com is the leading source of transactional funding for real estate wholesalers in the US, where 100% financing, and saying “Yes” is what we love doing all day long.

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4 Places To Find More Wholesale House Deals Now

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on Friday, 16 September 2016
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The latest data shows house flipping activity hitting a new high. But with all the extra competition where can real estate wholesalers get the edge and find the deals?

Mix Your Cardio & Scouting Properties

There are thousands of investors out there hunting for deals. Many are getting better and better at using technology to scout potential deals, and to be alerted to new listings. They are marketing more broadly and are sending a lot of blanket mail. Yet, many of the best deals can be hiding in neighborhoods right around you. Most are not listed on the MLS. Often the owners are not proactively looking for buyers. But they can be great deals. Get out there and find them. You can drive. Or you can go deeper by getting on your bike, walking, or running. You’ll get some extra cardio in, and may even get the chance to build more personal connections and relationships.

Note Investors

New data from DistressedPro shows that while foreclosure activity may be declining in most states, bank repossessions and mortgage defaults are still around twice as high as before 2008. Yet, not all are speedily making it to auction or are being remarketed publicly. Billions in non-performing mortgage loans are being sold through back channels, and to note investors. Find these players and offer your help when borrowers just aren’t going to be able to stay on track.

New Real Estate Agents

Thousands of new real estate agents are getting into the game. Very, very few get started with any idea of what they are doing. Training, education, and support is minimal. Most often they face intense competition from their coworkers in their own offices. That leaves them few places to find help when they get stumped or are trying to figure out what to do with leads. Help them out. Make sure they know you are there to buy their good deals, and set them on the right track to find what you are looking for.

New House Flippers

House flipping has become a new craze spurred by endless ‘reality’ TV shows. Everyone wants to do it. Some are making incredible spreads by fixing up and flipping homes. Yet, data from RealtyTrac shows that turn times are reaching new highs at an average of over 180 days. That suggests many are getting stuck. They are having a hard time turning around properties, and many are running out of funds in the process. Be there to take those deals off their hands, and bail them out when the numbers make sense.

 

Authored by Best Transaction Funding BestTransactionFunding.com is the leading source of transactional funding for real estate wholesalers in the US, where 100% financing, and saying “Yes” is what we love doing all day long.

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Does It Matter Who You Flip Your Properties To?

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on Thursday, 25 August 2016
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Does it make any difference who you flip properties to?

Some real estate sellers really don’t have a choice who they sell to. If they list a property with an agent, on the MLS, or at an auction, they really can’t pick and choose. If a buyer comes in with a full price offer their agent is at least due commission for that. But house flippers and wholesalers do have some control.

You can choose who you promote your property deals to. And you should.

Note that you cannot, and should not discriminate in any way, shape, or form. That also means you should be able to back up your choices of buyers. Government and regulators are increasingly stepping in, and at least in one area now control how landlords choose tenants. But it is very important to choose.

Why? We aren’t just talking about selecting the best qualified buyer who is most likely to close on time. That’s a given. However, as the market changes investors will find their future in the business is largely dictated by their buyer choices.

It matters for your reputation. It matters for staying out of legal trouble. In turn this will make a big difference in how many referrals you get, how many repeat deals you do, and the volume you can do. If you are tied to a rehabber who does a shady job and just covers up the mold instead of remedying it, or who does dangerous and illegal electrical work, that can come back to haunt you. Not just legally, but having to live with the fact that you had a hand in harming someone else and their family.

While we all want to maximize profit that also means looking at the long term picture. Are your end buyers pulling a ‘Valeant’ and are pumping up prices so high they are unsustainable, and that they will derail the area due to lack of affordability? Or are they helping people get into good homes and investments while making a fair, but very attractive paycheck?

So how do you get the right buyers? One conversation will usually tell you a lot about a person and their motivations. Google is a pretty handy and fast to use tool as well. Though you can also streamline this process and filter your funnel by sourcing buyers from the right places. Instead of blasting out to the whole world, what if you sought buyers from on and offline groups that shared your same values. Who follows the same people on LinkedIn or Instagram as you do? Who attends the same types of local meetups?

This isn’t an easy decision, and it may not appear to put the most money in your pocket this month. But in two years from now it could make all the differences in whether you are still in the real estate business, and how much of your gains you get to keep.

 

Authored by Best Transaction Funding BestTransactionFunding.com is the leading source of transactional funding for real estate wholesalers in the US, where 100% financing, and saying “Yes” is what we love doing all day long.

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5 Productivity Boosting Tools for Real Estate Investors

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on Wednesday, 11 May 2016
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Elite productivity levels are key to empowering investors to get the best ROI on their time.

It’s not too difficult to make great money in real estate. Yet, to reach your full financial potential and to still be able to enjoy the free time you chose this path for it takes a conscious effort to maximize every minute.

Check out some of the tools that could help you get more done in less time…

1. Upwork

Upwork is the merger of outsourcing giants oDesk and Elance. Here you’ll find thousands of freelancers to help with your tasks. Perhaps even more importantly Upwork offers automated support for tracking the productivity of remote workers, bookkeeping, 1099s, and more.

2. FreshBooks

FreshBooks is great for all those other remote employees and contractors you haven’t hired through a platform. Time tracking tools can be used to monitor work activity of your in-house team while you are away from the office, and to track how much time you are really spending on each deal. It also makes recording expenses easy so that you are prepared to maximize your deductions when it comes to tax time.

3. Trello

Trello is one of the easiest to use project management dashboards. Load your tasks, delegate them to team members, and track progress and store documents all in one place. This cuts down on a ton of communication time and miscommunication.

4. WordPress

A high percentage of websites and blogs now all run on WordPress. Each website designer out there will have their own preferred system, but this works just fine for some pretty strong companies. The easy to use content management system which most of your team will already be familiar with removes training challenges and expense, makes it easy for you to control your own site and slash costly designer labor hours.

5. Google

The iPhone might look cute, but Google really packs a punch when it comes to integrated free and low cost business tools and apps. From Gmail to Drive, and Hangouts to internet marketing tools there shouldn’t be too much you need to do that you can’t do with Google. It’s a great starting suite of tools before you feel you need to branch out and pay for something more robust.

Those looking to slash the time it takes to fund their real estate deals will also find flash funding from Best Transaction Funding can provide rapid, no hassle cash for wholesale deals. For some this will save weeks or months of trying to deal with banks.

What are your favorite productivity tools?

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How Will New Fed Interest Rate Hike Hit You?

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on Wednesday, 16 December 2015
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The Fed has officially begun hiking interest rates. How will it impact you, and the real estate market?

New Fed Rate Hike

The US began raising rates in mid-December 2015, for the first time in almost a decade. Despite the fact that Wall St. has been contracting at just the thought of a hike, and oil prices have only softened, the fed has launched a new campaign to lift rates. The debate has been a catch 22 situation for those in power that have been caught between the fact that we aren’t experiencing real growth, and the fact that low rates haven’t changed that either. A failure to raise rates would kill confidence, but many have feared a hike will only kill off the growth we’ve had. Debates aside we’ll likely see an extended period of rising rates. What does that mean for real estate?

Fear of Rising Mortgage Rates

Major US banks wasted no time in instantly raising prime rate in reaction to the fed move. Many HELOCs are directly tied to prime rate. That means an instant hike to interest and payments for many US homeowners. However, Bankrate.com reports only a modest nudge up in conventional mortgage rates so far; back up to 4%. This upward pressure could grow over the next quarter, and beyond. However, there is often a seasonal dip in mortgage rates in the few days after Christmas for those under contract and desiring to lock in low long term fixed mortgages.

The biggest losers are those with adjustable rate mortgage loans. Fortunately few regular homeowners or long term hold investors have probably fallen for taking out an ARM in the face of a furious rate hike spree. Those that may have may face the need to immediately refinance or sell their properties.

Highly Motivated Sellers

The rate hike certainly puts pressure on sellers. Properties have been priced high based on cash flow and low rates. The numbers are set to dramatically change on many properties. Now is the time for owners to sell fast before the numbers get worse.

Ultimately this is great for wholesalers who may find access to more highly motivated sellers, and motivated buyers, it just might not be as fun for everyone else going forward. Move fast, and make that money.

 

Authored by Best Transaction Funding BestTransactionFunding.com is the leading source of transactional funding and hard money loans for real estate wholesalers in the US, where 100% financing, and saying “Yes” is what we love doing all day long.

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3 Reasons Real Estate Wholesalers Should Consider Flipping To Regular Buyers

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on Wednesday, 25 November 2015
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Should real estate wholesalers be flipping houses to regular home buyers?

A large number of real estate wholesalers focus on only flipping properties to other investors, and often only investors that are cash buyers. This can make business flow easily in many ways. However, some wholesalers may be doing themselves a serious disservice by ignoring retail buyers. Think about the biggest wholesalers on the planet; Costco, Alibaba, Walmart, and Amazon. They funnel wholesale products to end consumers, not intermediaries. So what might be some of the benefits of this approach for real estate wholesalers?

More Volume

The US is currently entering a massive boomerang buying boom. That means an additional 7 million plus repeat buyers coming back to the market on top of millennial first time home buyers, and more affluent move up buyers that are already taking action. Investors make great end buyers, but by opening the doors to more prospects wholesalers can do far more business. Armed with the best transactional funding wholesalers are only limited in deal flow by the number of end buyers they invite to do business with.

Higher Profit Margins

While the normal premise of wholesaling is “buy low, sell low,” regular home buyers can often be sold to at far higher prices. Not unfair prices. You can still give them a good discount. You just don’t need to leave another whole round of profit margin for another investor in the deal. That means far more profit per deal. It also means having to do less deals to meet your financial goals each year.

Diversification and Sustainability

More end buyer options means better diversification and sustainability for wholesalers. An investor buyer might buy up 10 deals a month from you, but what happens when they run out of cash or take a break? What will happen to your income, and the deals you have in the pipeline? Having multiple investor buyers, and the doors open to entertain retail buyers can ensure ongoing success no market what.

 

Will you sell your properties to retail home buyers? Have you been?

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Do This To Sell More Real Estate This Month...

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on Wednesday, 04 November 2015
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We’ve only got a few weeks left to really knock it out of the park, and to finish the year strong. So how can real estate investors crank up the volume, hit their goals, and set themselves up for a great start to the New Year? How can they sell more real estate?

How Do You Stand Out?

What helps real estate investors and businesses stand out today? What makes the difference, and allows some to attract sellers, financiers, partners, and buyers with more ease than others?

Strong offers and well-priced properties in good areas are going to make for good volume. But no one wants to price themselves out of business, and it’s a lot easier if you have people lining up to do business with you on all sides already.

It’s not just about great looking marketing, and well timed messaging, or making more noise than the competition. It’s increasingly about your ‘why’.

As an investor and business owner you’ve got to have real clarity about your why. It’s what drove you to get into real estate. It’s what will keep driving you, and will keep you on the right track to your goals.

While this has often been buried under corporate looking lipstick, your why is increasingly becoming one of the best ways to standout, to connect, to resonate with others. It gives them a reason to do business with you versus the competition.

Examples:

So recent examples of this out there may include:

 

  • Near death experiences or illness which creates an urgency to maximize time
  • A desire to increase sustainability
  • A passion for design
  • Wanting to help distressed homeowners
  • Helping to provide affordable housing
  • Creating a legacy for children
  • Simply wanting to make more money and have more nice things

 

Here at Best Transaction Funding we provide financing to real estate investors because they have been sorely under-served and we understand that serving them in turn helps the wider community of property owners and the economy.

Other examples you may be familiar with are Apple and Steve Jobs, Tesla, Airbnb, and more.

Letting People Know Your Why

So how do investors leverage their why? How do they share it?

 

  • Write blogs
  • Redo your about page on your website
  • Social media
  • Press releases
  • Print marketing
  • Emails
  • Publishing videos

 

Summary

With just weeks left to finish 2015 on a high note one of the best moves for real estate investors is to open up and share more about why they do what they do. Be authentic in telling your story, but don’t be shy about getting the word out there. You might be surprised at the positive feedback.

Authored by Best Transaction Funding BestTransactionFunding.com is the leading source of transactional funding and hard money loans for real estate wholesalers in the US, where 100% financing, and saying “Yes” is what we love doing all day long.

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Trick Or Treat: Real Estate Candy Bowl Is Full This Year

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on Friday, 18 September 2015
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It’s a weird season for real estate right now. Yet, while some are trying to figure if it is a cup half full or half empty scenario, others are already gearing up to celebrate the end of another awesome year in real estate.

Scary statistics

Everything suggests we should be on the brink of the real growth phase in real estate. The recover went well, and the job creation and revenues that brought ought to be kicking in and resurrecting the US housing market for real, any minute. Yet the fed didn’t raise rates in September as feared. One new index says house prices are falling in NY and DC. Add in the roller coaster ride of the stock market in recent weeks, and some might think Halloween has come early this year.

Why savvy investors aren’t spooked

Experienced investors that have been around for a couple of years are more than familiar with quirky stats, and this traditionally soft time of year for home sales prices. They see money is cheap, it’s inexpensive to buy real estate, and recognize the great window to buy low and flip higher between now and the end of year rush.

Trick or treating among zombie foreclosures

Adding to the current deals on the table are many more zombie foreclosures, and distressed properties coming through the pipeline. Savvy property wholesalers with good connections are spoiled for choice. It’s like a big bowl of real estate candy. All they have to do is knock on doors, make the calls, send the emails, keep blogging, and being social, and if it wasn’t for transactional funding they’d have way more deals than they can handle. This is time to be laying down a barrage of contracts and offers to fatten up inventory.

Cashing in

ln just a few more weeks we’ll be in peak party and spending season. Starting at Halloween it is all about the sales, events, and festivities, people feeling good, needing to buy gifts, and to invest. And that all means great sales opportunities for real estate marketers.

For those that have been around a couple of years all of that seasonal real estate marketing collateral should already be getting polished, and be being loaded into systems to be delivered on autopilot. Then the biggest challenge right now is probably what costume to wear this year? Or whether to buy the new Range Rover Autobiography or another of the new range $200k plus cars coming out right now.

If you are new to wholesaling real estate it’s time to get on that, and get ahead of the curve.

 

Authored by Best Transaction Funding BestTransactionFunding.com is the leading source of transactional funding and hard money loans for real estate wholesalers in the US, where 100% financing, and saying “Yes” is what we love doing all day long.

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Wholesaling Real Estate: Get Ready For The Back To School Sale

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on Thursday, 13 August 2015
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Are you ready for some serious discounts on wholesale properties?

Forget the pennies to be saved on tax free days and at back to school sales. You’ll be able to buy the whole class some new threads and books with the profit on a couple of fast wholesale deals.

The sizzling summer mover season is done. There are fewer regular retail buyers in the market. That means less competition for house deals. While lagging data will take a few months to catch up, home prices normally soften during this period. Sellers get nervous because they aren’t used to dealing with seasonal fluctuations. All they get is that no one is showing up for showings. No one is making offers. And if they have one; their Realtors are getting hungry for commissions. This all makes for an excellent time to swoop in and score great discounts on house deals, and to negotiate the terms you want from a power position. It’s even a good time to go back to stubborn sellers and agents and get them to come down to your price. Which of course should be even lower now.

At the same wholesalers should find that buy and hold investors are back from vacation, and are getting serious about business again. This may be a short window to get them, before holiday madness starts, but this puts the icing on the ideal conditions for wholesaling.

So dust off your buyers list, load up on inventory, and flip it!

With a good transactional lender there is no reason wholesalers can’t enjoy a flurry of deals right now. And if you’ve still got time get involved with local backpack drives, and help others in the community that aren’t banking as well as you yet.

Want more tax free days? How about 365 days of tax free real estate investing? Check out next week’s post on how to slash your 2015 taxes by $10,000, and enjoy tax free returns all next year…

Authored by Best Transaction Funding. BestTransactionFunding.com is your leading source of hard money loans and transactional funding and for real estate, where 100% financing, and saying “Yes” is what we love doing all day long.

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Debt vs. No Debt Real Estate Investing

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on Thursday, 09 July 2015
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Is it wiser to use debt leverage to invest in real estate, or pay off all of your bills and stick to cash purchases?

This is an increasingly popular question among aspiring real estate investors. Many have been turned off to all forms of debt. So they question whether they should wait to invest until they are debt free, and then stick to buying properties for cash. Others find this idea absolutely insane given the speed, high returns, and apparent reduced risk of using other people’s money to invest. So who is right? Which method is right for you?

Leverage: The Good, Bad, and Ugly

Financial leverage is unquestionably the most powerful tool available to investors. It can help lower and spread risk, speed up results, and maximize cash on cash returns. But it is also true that leverage can be dangerous is used poorly. If you are constantly in a zero equity position, have negative cash flow, and fail to squash your overhead so that you are truly and sustainably financially free, it is a recipe for disaster.

So leverage is important no matter whether you are starting out with millions or pennies. It is equally important not to drown yourself with debt either. Fortunately, there is a hybrid solution that will make both camps happy, and maximize their investment activity…

The Highly Leveraged Debt Free Way to Invest for Maximum Gains

By using transactional funding for flipping houses as a wholesaler investors can benefit from 100% financing from their deals, but can be debt free again within hours. Best Transaction Funding will provide up to 100% of the money investors need to acquire wholesale property deals that will be instantly flipped. By turning those properties around in days investors are never tied to long term (bad) debt. They make the maximum possible return, with the lowest risk, and enjoy the best of both worlds.

Then those lump sum cash profits can be used to pay off other existing debt like credit cards, car loans, student loans, and home mortgages on personal residences.

But…

Don’t wait. Waiting until you’ve paid off every penny you owe in borrowing right now is just an excuse to stall. That means missing many very lucrative opportunities. And you can’t afford that. Especially if you do have bills. Get started, make money, pay off your borrowings, and claim real financial freedom without being lumbered with long term debt.

Authored by Best Transaction Funding BestTransactionFunding.com is the leading source of transactional funding and hard money loans for real estate wholesalers in the US, where 100% financing, and saying “Yes” is what we love doing all day long.

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7 Independence Day Insights to Rocket Your Real Estate Business

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on Thursday, 02 July 2015
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Use This Independence Day To Rocket Your Real Estate Business To New Highs All Year

By now real estate pros will have launched their Independence Day marketing, or planned days off to recharge. But there are several great takeaways that real estate investors, agents, and CEOs can leverage to boost their business throughout the next year. Check these out…

1. Create Experiences

4th of July weekend explodes and captivates with firework displays, barbecues, and other events. It’s all about experiences. People love experiences. And good ones are a good investment for consumers. They create and anchor emotions. For brands this creates buzz, bolsters positioning, and more. It’s a part of why so many millions are spent on sponsoring major sporting events, and Super Bowl advertising. Think about how to create better experiences throughout your processes from marketing to buying homes, to selling homes.

2. Gratitude

At its core Independence Day celebrations all about gratitude. Highly successful leaders, entrepreneurs, and real estate investors practice the power of gratitude on a daily basis. Kick start every day with a list of things you are grateful for, and celebrate those things. It will do wonders for your daily mindset and productivity.

3. Flex Your Freedom

While Americans love to complain about how their freedoms have been increasingly infringed upon, the truth is that we are still one of the freest nations in the world. This is especially true when it comes to making money and investing in real estate. Too many others will never, ever get a glimpse of this freedom, and many die risking their lives to experience it each year. We have the freedom to learn, invest, buy real estate, and move up the ladder, and give back. Let’s use it to our full ability.

4. Treasure It, Protect It

More than just using our freedom, we need to treasure it, and protect it too. Millions have given their lives for it. And protect it with their lives, and while away from their families every day. There is perhaps nothing more priceless. So while not all of us are designed to be in the military, intelligence, diplomacy, security, or politics, we still have a responsibility to protect those freedoms, and should want to for our own, and children’s sakes. For real estate pros that means doing business right, getting involved in protecting the industry and what is best for consumers, and refusing to compromise that.

5. Anniversary Celebrations

Anniversary celebrations are more important and valuable than we normally give them credit for. They are anchors to history and propellers for the future, they unite us, and make us remember what is important. For real estate investors this can also be applied to anniversaries of being in the industry, of relationships with clients and business partners, and more. Think about how to use this concept to strengthen bonds and build on success each year.

6. Themed Marketing

Hopefully all real estate business owners unleashed some really great 4th of July themed marketing for this year. There are so many reasons to dive into the reason to do this. In fact; that’s a whole book or two. If you missed it this year, you’ve still got summer, Thanksgiving, Halloween, the end of year holidays, and Independence Day 2016. Just make sure you are well ahead of the game.

7. The Value of Time Off

Once you’ve set up and automated your real estate marketing it’s time to take off for holidays like this. These holidays are important, but even more so is the quality time with those you love, and re-energizing to keep going. Don’t skimp on the time off!

 

Authored by Best Transaction Funding BestTransactionFunding.com is the leading source of transactional funding and hard money loans for real estate wholesalers in the US, where 100% financing, and saying “Yes” is what we love doing all day long.

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Birddogs 2.0: How To Boost Your Buyer’s List With Social Assistants

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on Thursday, 14 May 2015
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Maximizing potential for real estate wholesalers is all about the buyers list. So how can today’s property wholesalers build their lists bigger and faster?

With endless amounts of distressed inventory out there, unlimited capital from Best Transaction Funding, and retail property prices moving up fast, there is no reason wholesalers shouldn’t be blazing through their goals. Still, a lot depends on having a great buyers list. Your buyers list helps you to act with confidence knowing you’ve got deals sold, even before you ink contracts or make an offer.

The Trouble with Birddogs

Real estate investors have been told they should be using ‘birddogs’ to roundup deals for decades. But the lack of a system, and fragmented and half-hearted way it is normally approached has often yielded little results. Many investors have randomly offered others some type of reward for bringing them deals. Few have probably seen much action from this. But that doesn’t mean it can’t work if done better.

In order to work wholesalers need motivated referral agents or buyer recruiters that are actually equipped to bring them in deals and prospects. The need to offer some form of system and support, and really motivate these individuals to make this a priority.

Birddogs 2.0

Wholesalers do need to watch out for the legalities of their setup. They might want to have their attorneys prepare some form of contract, or in some cases hire new social birddogs as independent contractors. They also need to be sure they don’t cross licensing laws. However, there are several ways to overcome the challenges of yesterday’s birddogging tactics…

  1. Get people integrating this with what they are most passionate about
  2. Give them a better name and title than ‘birddogs’
  3. Create a system and support mechanism

What Should They Do?

The problem with selling has always been, well…selling. Referrals are always better than direct sales pitches. So what wholesalers need is a small army of assistants who are passively referring people to their buyers list. In a comfortable way.

Some ways to do this can be via personal Facebook pages, bloggers, casual networking, and dinners or other fun events. You’ve got lots of people out there with big networks that trust them. When they make referrals in a passive way it can carry a lot of weight. And all they have to do is to start talking about real estate, mention this person they know that is constantly serving up awesome deals on houses, and point them to their landing page to punch in their email to get alerted to new deals. They get to do what they are passionate about, and can get paid while having fun.

Your new agents can be made up of friends and family, local experts or notable social butterflies you reach out to, or hires you make via online platforms.

Try it out…

 

Authored by Best Transaction Funding BestTransactionFunding.com is the leading source of transactional funding and hard money loans for real estate wholesalers in the US, where 100% financing, and saying “Yes” is what we love doing all day long.

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