Tag Archive for: #finances

Consider a 911 Loan today!

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How can a 911 loan help you? If you are like most investors, you have used your personal credit cards to keep projects moving along as well as ensuring that business expenses are paid. However, the problem with this method is that the balances on the personal credit cards can drive down your credit score. A lower credit score can result in a higher chance of getting denied for a loan for your next project. It is important to remember that real estate investing is a leverage game. The better leverage you have, the easier real estate investing becomes. 

By using a 911 loan you can pay off your credit cards and other loans that report on your credit report. This will increase your score and in turn create better leverage and loan options for your next project. 

Contact Us Today! 

Are you in the best position for the best loan rates? Contact us today to find out if you need to consider a 911 loan today! 

Free Tools For You! 

We also have free tools available! Download the Credit Score Checklist.

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Now Is the Time to Act

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The world is a little crazy right now.

But that craziness has placed real estate investors in a unique and POWERFUL position.

With time on our hands and the market in constant fluctuation, now this is the PERFECT time to boost your cash flow.

That’s right: BOOST.

How?

A few strategies:

  • Lower your rates: Rates are at an all-time low. If you wait until the market rebounds, you might miss out on those rates and get locked into much higher, more expensive rates.
  • Improve your return on credit (ROC): Wherever you are with your financing, it’s always worth a checkup to see if you can get a Return on Credit increase.
  • Skip a payment or two: With rising job uncertainty, some of your tenants might have a harder time covering their rent. Put yourself in the best financial situation possible. Give them a couple months of no payments. And once they start paying rent again, consider lowering their payments. If they’re safe, you’re safe.
  • Get out of private loans. One simple point can increase your cash flow. For example, a $300K loan could mean hundreds of dollars in your pocket.
  • Look at interest-only loans.
  • Lower your term and rate.

Don’t wait until the markets rebound. You might miss months or even years of lower payments.

NOW is the time to act!

Let’s get the process moving TODAY.