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Insider Secrets to Financing Your Real Estate Investments: What Every Real Estate Investor Needs to Know about Finding and Financing Your Next Deal »

Book cover image of Insider Secrets to Financing Your Real Estate Investments: What Every Real Estate Investor Needs to Know about Finding and Financing Your Next Deal by Frank Gallinelli

Authors: Frank Gallinelli
ISBN-13: 9780071445436, ISBN-10: 0071445439
Format: Paperback
Publisher: McGraw-Hill Companies, The
Date Published: December 2004
Edition: (Non-applicable)

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Author Biography: Frank Gallinelli

Frank Gallinelli is founder and president of RealData® Inc., one of the top software companies for individual real estate investors. He is the author of What Every Real Estate Investor Needs to Know About Cash Flow.

Book Synopsis

Your complete reference guide to finding, financing, and building a portfolio of exceptional investment properties

Insider Secrets to Financing Your Real Estate Investments is today's most comprehensive examination of financing alternatives for real estate investors. From types, terms, and sources of mortgage loans to tips for convincing even the most demanding lender, it provides everything you need to know to overcome one of real estate investing's most important hurdles—getting the money to buy the property.

More than that, however, this no-nonsense guidebook supplies you with a wide-ranging introduction to virtually every aspect of real estate investing. Vital topics covered include:

  • Strategies for setting your real estate investing parameters, then finding and evaluating properties that meet those parameters
  • What lenders really want to see before they write you that check
  • "Rules of Thumb"—Dozens of concise action items throughout the book that tell you what you need to know, now

Real estate investing has allowed thousands of average Americans to start with a modest investment and build exceptional, lifelong wealth. But before you can excel, you must learn the basics. Insider Secrets to Financing Your Real Estate Investments is a boot camp for real estate investing, revealing what you need to know to succeed, why you need to know it and, most important, how to convince lenders to give you the money to start.

Frank Gallinelli is founder and president of RealData® Inc., one of the top software companies for individual real estate investors. He is the author of What Every Real Estate Investor Needs to Know About Cash Flow.

Table of Contents

Acknowledgmentsix
Introductionxi
Part IHow to Choose A Real Estate Investment
1Identify Your Comfort Zone3
2Where Do You Find Good Properties to Buy?11
3Line Them Up-How to Compare Potential Investment Properties19
4Don't Get Burned-Doing Your Due Diligence39
Part IIFinancing Your Investment Property
5Types, Terms, and Sources of Loans53
6How Much Can You Borrow?77
7All Cash, No Cash, or Some Borrowed Money?89
8Line Them Up Again-Comparing Loans115
9How Do You Convince a Lender to Finance Your Real Estate Investment?119
Part IIIThe Offer, the Closing, and Then What?
10What's Negotiable?145
11The Turning of the Screws-What the Lender May Demand149
12How to Read a Closing Statement153
13Forms of Ownership167
14The Morning After-What Do You Do Now That You're the Owner?173
AppendixLoan Tables179
Glossary185
Index197

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