How to Avoid the Fannie and Freddie Rule of 4 Property Limit For Real Estate Investors
Fannie and Freddie have recently enacted restrictions that have really impact real estate investors by limiting each investor to no more than 4 loans. In today environment with traditional mortgage very hard to get, this new restriction will severally limit the amount of business serious real estate investor can perform. However, there is an alternative that has no restrictions. Private lending is a consistent source of funds to purchase real estate deals that you can go back to again and again and again. In fact, the more you use, the more will become available as you develop relationships with more private lenders. Private lender loans can be both short term money to buy and flip or long term money to buy and hold. A private lender is defined as an individual or company (not banks) that you can directly talk with on a one-on-one basis to get money for investing in real estate. The money you borrow will be used to invest in rental real estate investments or for extra money over and above money from a bank to cover down payments and closing costs. Private lenders come from in all forms and may in some cases not know much about the real estate investing business. But Private lenders do have extra cash or assets they can invest in your real estate investment deals. Private Lenders are generally middle class people from your local community. They can be retired business people, corporate executives, professionals such as doctors, lawyers, or business owners or even blue collar workers. Rates and Fees Private lender loans serve as a good option for the real estate investors. Private lender loans have several advantages including low rates and fees as follows
If you would like find out more about private lending simple click the links below. I invite you to learn more about Private Lending and get my new FREE 20-page ebook titled "Discover the Secrets of How to Fund Your Real Estate Deals with Private Lenders!" by clicking here http://realestatewealthtoday.com/FREE-eBook.html Mike Lautensack is a full-time real estate entrepreneur in Philadelphia, PA and creator of the Private Lending Presentation Kit. This powerful done-for-you kit is loaded with tools and techniques to attract and develop a consistent stream of private investors into your real estate business. To learn more about this kit and receive your FREE Real Estate Wealth Newsletter go to Private Lending Presentation Kit Download your FREE eBook titled "Discover the Secrets of How to Fund Your Real Estate Deals with Private Lenders" and learn how to fund your real estate deals with Private Lenders!
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