Real Estate Investments Flagstaff AZ

A former college student explains how he got started investing in real estate while still in school.

First Magnus Financial Corp
(928) 774-3171
2380 N Oakmont Dr Ste 1
Flagstaff, AZ
 
Wallick And Volk Inc
(800) 280-8655
320 N Leroux St Ste A
Flagstaff, AZ
 
Moria Development Inc
(520) 556-9524
403 North Humphreys
Flagstaff, AZ
 
Countrywide Home Loans Inc
(928) 774-9088
2 S Beaver St Ste 230
Flagstaff, AZ
 
Bank Of America
(520) 526-2574
4550 N Highway 89
FLAGSTAFF, AZ
Services
Mortgage Brokers

State Mortgage LLC
(928) 213-9959
5200 E Courtland Boulevard
Flagstaff, AZ
 
Pacific Coast Mortgage Inc
(928) 213-0569
3190 S Debbie St
Flagstaff, AZ
 
Home123 Corporation
(928) 226-8266
1300 W University Ave Ste 100
Flagstaff, AZ
 
State Mortgage
(928) 213-9959
5200 East Cortland Boulevard
FLAGSTAFF, AZ
Services
Mortgage Brokers

GMAC Mortgage
(928) 522-8599
4650 North USHighway 89
FLAGSTAFF, AZ
Services
Mortgage Brokers

Real Estate Investments

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Like most people without an extra $100,000 or so in the bank, you probably aren’t considering a sizeable real estate investment at this point in time. After all, the average house prices in your area may be anywhere from $100,000 to $400,000 depending on the market. Why would a college student or someone with a new career even look at such a substantial business enterprise?

One of the most common false impressions about real estate investing is that you need a lot of money to get started. But what if I told you there are several ways to invest without using your own money? That’s right! Although property typically does require a pretty good chunk of money to acquire, it doesn’t have to be your money. Now, in my biased opinion as a full-time real estate investor, that is one of the great perks of the business!

There are literally thousands of banks, lending institutions, and private individuals eager to loan money to those with some cash and/or credit. These benefits can be illusive, but there are still plenty of ways to finance a deal when you find the right one. After I got out of college, I used “hard money lenders” to purchase several of my first properties. These lenders rarely require any money down or even a credit report when the loan to value is low enough. Of course, you need to be sure you have negotiated the best possible price on the property in order for the deal to work (but that is another article, altogether). Hard money lenders usually lend up to 70% of the property value....


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