How to Get Your Deals Pre-Approved
For Funding in as Quickly as 24 Hours

Finding the right deal funding can be challenging. Whether you are doing residential investment property or commercial income property, dealing direct with the right lenders can make all the difference. Without having funding options for your deals, you lose potential profit opportunities.

It doesn't matter whether you have been investing for years or if you are new to real estate and just getting started. To successfully get your deals funded simply depends upon having a variety of readily available loan program options. Why? Direct lenders can fund purchase, refinance, and even cash-out based on the value of the property, NOT based on your personal income, assets or credit-score.

Rather than relying only on a handful of loan program options, investors can now do better. Dealing with a "loan broker chain" is not the solution. In fact, loan brokers often charge thousands of dollars in additional points and fees on a single loan. Those additional points and fees eat away at your deal profits. With 470+ direct lender program options, you can compare lender rates, terms and fees to get the best deal funding options for your deals and protect your "bottom line".

* Unable to quickly match deals to deal funding that makes sense
* Unable to find discounted property deals with monetizable equity

You have probably tired of doing one internet search after another for investment property loan options. As a real estate investor, it is often frustrating and fruitless to spend hours and hours searching for a suitable direct lender for your deal. Hundreds of hours of your valuable time can be wasted on searches and websites that offer "old lender lists" that often include "banks" and other "credit lenders" that only accept perfect-credit and large down payments for investment property.

Every time you conduct a "blind search" on the internet to find an appropriate lender for your deal, you waste valuable time that you could be investing in working on the deal itself. Many real estate investors find themselves on this "hamster wheel" approach to deal funding. Instead of that approach, wouldn't you rather be, in minutes, tapping into the top direct lenders who are "in the business" of funding deals for real estate investors, and have already funded billions of dollars of investment property deals?

Whether you are doing residential investment property or commercial income property, you need a variety of deal funding options to buy and sell, fix and flip, rental property, rehab to rent, construction, development, and land. Private hard money lenders and bridge lender funding is available from direct lenders for all of these deal types. By submitting a properly prepared "deal scenario", a direct lender can pre-approve your funding in as quickly as 24 hours and provide a "proof of funds letter" for you to use to submit with your offer to purchase the property.

Successful real estate investors use these direct lenders for purchase, refinance, cash-out, and portfolio loans. There are also options for investors with bad credit, bankruptcy and foreclosure. Fact is, some of the most successful real estate investors have terrible credit, but that doesn't stop them from getting deals funded because they use direct lenders who do not have minimum credit-score requirements for funding approval. These direct lenders fund based on the value of the property, not on the investor's personal income, assets, or credit.

Real estate investors who are doing 1-2 deals a month or more, have a system. They choose the right discounted deals which have sufficient "built-in equity". Investors then monetize that equity by doing fix and flip and rental property deals. Direct lenders are able to fund deals that have 50% to 65% LTV (loan to value), which means there is 35% to 50% monetizable equity. That equity margin reduces the risk for a direct lender funding the deal on the basis of the value of the property asset.

Submitting a deal that lacks substantial equity is a mistake, because these direct lenders are property asset lenders and cannot fund deals that have no equity. For example, if a property deal is worth $100,000, the lender cannot lend 100% LTV because that would too risky for the lender to fund. So how does an investor purchase a discounted property deal with up to 100% purchase funding? The key is to focus only on discount property that has a 50% to 65% LTV funding requirement.

Believe it or not, these discounted properties are available. Banks, government agencies, and portfolio lenders have these REO (real estate owned) properties for sale. These properties are usually acquired by the bank when the property is foreclosed. Then the bank tries to auction the property. If the property is not sold at auction, then the property becomes a "bank owned REO property". Real estate investors can purchase these vacant REO properties, directly from the bank, rather dealing with an emotional, distressed homeowner who is in a bad situation.

Successful real estate investors know where to acquire these discounted property leads and focus only on those deal types. Rehab lenders base their loans on the ARV (after repair value) of the property. This is a huge advantage for a real estate investor because the loan is not based on the "as is" value of the property. For example, a rehab property may have an "as is" value of $50,000, but the rehab after repair value could be as much as $125,000 and sometimes more. Most often, rehabs are only "cosmetic" which means that the property may need improvements such as painting, flooring, cabinets, appliances, and landscaping. Rehabs requiring more extensive remodeling such as adding a bedroom, bathroom, or garage, are also completed by investors.