Short term bridging loans are loans that help you to bridge the financial gap between sale and purchase of your property. These loans provide you with substantial funds at the time of property purchase. Now with the help of short term bridging loans, you can easily buy property without taking much mental stress and pain.

Short term bridging loans provide financial aid to those who are interested in buying new property and selling the existing one. Short term bridging is a secured loan borrower can pledge either old property or new one as collateral.

Due to their short term nature, the interest rates on short term bridging loans are slightly higher. You can advance a good amount as short term bridging loan ranging from £100,000 to £400,000 depending upon the value of the collateral placed. The repayment term has to be met within 1-12 months.

There are two forms of short term bridging loans available. Open ended and closed ended loans. If you have not yet found a buyer of your old home, then open bridging loan are for you. But in case if you have already finalized the deal of purchasing and selling your property, then you can opt for closed bridging loan. You can base your decision on your financial conditions and prevailing situation.

Anyone can apply for short term bridging loans. Facing credit problems? No problem, because borrowers with bad credit like CCJs, IVA, bankruptcy, arrears and defaults can also apply. These loans will surely facilitate your property buying needs.

Short term bridging loans can be easily applied from banks, other financial institutions and online as well. Online is the most convenient and fastest way of applying. Thanks to the tough market competition which will help you to entail funds at lower rates easily. Also you can get better terms and conditions as well.

A huge financial gap may arise while buying property. It becomes difficult to mend this gap when you don’t have sufficient funds. But Short term bridging loans help you fix this problem easily.

Eva Baldwyn

The Real Estate Investment Academy is a complete and easy to understand roadmap to financial freedom. Condensing years of hands on and formal education of real estate knowledge, the academy presents clear and concise steps that will lead to complete fiscal independence. These logical and straight forward steps and tips provide a tangible spring board from which anyone can launch a profitable real estate investment career.

By showing you how to identify potential investments, you will learn how to separate the profitable, low risk opportunities from those that may be less advantageous. You will learn how to finance these investments with no upfront capital on your part. Finally, you will learn how to identify potential buyers for your properties and how to close the deal while securing a huge profit margin.

The first step to financial freedom is to correctly identify potential real estate investments. The most important aspect to consider is a property’s profitability. Profitability has two sides – the amount that an item costs to purchase and the amount that an item can sell for. Ask yourself the following question: Can I sell this property for more than I bought it for? If the answer is yes, then you have identified a prospective opportunity. You can maximize your profit by expending a minimum amount of time or upfront costs. Real estate that has been foreclosed or defaulted on or has been sold due to back taxes typically has an extremely low sale price. These are only a few examples of motivated sellers. The more motivated the seller, the lower the initial investment will be.

The next step to fiscal independence is to secure the money to make the purchase. The Real Estate Investment Academy teaches investors how to procure this money without actually having to utilize your own money. While this sounds too good to be true, many real estate deals are made without an upfront investment on the buyer’s part. Therefore, if you can find a property that can be bought and resold quickly. This transaction leaves you with all the profit of the sale without any cash up front.

In order to reap these huge profits, you need to find potential buyers. This process is a bit more fluid. However, there are no shortages of buyers in today’s market. A buyer might be a first time home buyer, an investor building their real estate portfolio, an individual with a commercial interest, or any one of a hundred other possibilities. The idea is to match the real estate with the buyer. Do your homework. Keep in mind such things as location, condition and other things that might help make a property more desirable.

Follow these simple step by step instructions the Real Estate Investment Academy teaches and you too can be on your way to financial freedom.

K. Van Liew
http://www.articlesbase.com/business-articles/the-real-estate-investment-academy-a-guide-to-financial-freedom-704894.html

As you learn real estate, you will quickly realize the money that can potentially be earned.  There are a plethora of opportunities to pursue including with loan foreclosures.  As a homeowner faces default on their loan and the potential for foreclosure, you as the investor have the opportunity to help the homeowner while profiting at the same time.

Homeowners are going to miss loan payments for a variety of reasons.  If it continues too many months in a row, the loan holder is going to issue a notice of default.  Within this notice of default is going to be information on how much they owe and the time period they have to pay it back.

During the time the homeowner receives the notice and the foreclosure sell arises, there is a legitimate opportunity for a real estate investor to help the homeowner out with their problem.  The difficult part is the two meeting up.

As an investor, you need to learn real estate resources and tools that can help you take advantage of such a prime opportunity.  In many states and counties, the Recorder’s office makes the notice of default public by posting it at the local courthouse or simply by posting it on the internet.  As soon as you find the notice of default, it is up to you to contact the homeowner and offer your assistance.

From there, the investor can often take over the property as well as the responsibility for the loan by offering a reduced sales price.  What this will do is allow the homeowner to leave the property and the problems behind while you as the investor deals with them.

As for the homeowner, they will benefit from not having a property foreclosure on their record that will damage their credit score.  This will allow them to purchase a home down the road.  In exchange, the homeowner typically will give up most of the equity they possessed in the property.

If there is a sufficient equity left in the property, the investor will be able to make a profit.  If you learn real estate properly, you will know when to invest in a home and when not to.  Obviously, you do not want to get involved in something that has little to no equity whatsoever.

However, if there is no equity in the home you can negotiate with the bank to reduce the outstanding loan balance in exchange for a quick sale.  What this will do is give you as the investor the necessary equity to make a profit.

There are a number of ways you can profit from real estate investing and foreclosures today.  As you learn real estate, make sure you understand when to invest in a foreclosure situation and when to back off.  This can be the difference of you profiting greatly or just wasting your time.

Peter Vekselman
http://www.articlesbase.com/real-estate-articles/learn-real-estate-investing-and-foreclosures-today-688060.html

Theirs thousands, probably even millions, of residential real estate investors who are securing the future of themselves and their families right now as a result of the real estate “blood bath”. These are savvy investors who have taken the time to learn the ins and outs of how to successfully buy properties from motivated sellers without using their own money.

Are you one of these people?

If not, it’s time to change that. There’s several ways to buy distressed properties and make a killing off them. For the sake of this lesson, I’m going to stick with one way which I’m constantly asked about by both new investors and seasoned investors alike. What I’m referring to is hard money loans and while they aren’t my favorite way to acquire property, sometimes they are necessary. The reason for that is simple. Right now is probably the best time to buy real estate that many of us will see in our lifetimes. However, money is much harder to come by right now than it was a few years ago. Banks, while not most investor’s choice of funds, have significantly tightened their lending criteria. Because of this, you may soon be faced with the decision of either using hard money to fund a great deal or passing on it entirely. If it truly is a great deal….why not use the hard money?

Hard Money Loans Are Still Readily Available

In case you don’t know, hard money lenders make loans in days, not months, like conventional financing. It’s fast and usually easy and can be used to buy anything from a yucky house® to a pretty house with a ton of equity. But…it comes with a price tag. The name “hard money” typically refers to borrowed funds which have “hard” terms and a high interest rate. By “hard terms”, I mean you may pay 5 points up front and have a 12 month balloon payment. In other words, if you borrow a hundred grand it may cost you 5 grand when you borrow it and you may be required to pay it back within 12 months.

While that’s not always a real exciting idea, it’s sometimes the only way to get a great deal done. I don’t know about you, but if I’m looking at a $50,000 profit within the next 60 days and that’s the only way to get it done…I’m using hard money.

That’s the Good News, Here’s the Bad…

Before the marketed turn in a downward direction, hard money was pretty easy to come by. Lenders ranged from big institutions to people who pulled some equity out of their primary residence and used it to lend money on discounted properties. Well…those days have come and gone and we’re left with much fewer choices. To complicate matters even more, not only are their much fewer choices but the choices we do have now are much more difficult to qualify for.

Here’s what happened…

Speculative “investors” bought everything they could find to buy when the market was hot. They often used hard money loans to buy and then planned on quickly reselling for a profit or refinancing the hard money loan with conventional financing.

Well…that plan blew up in their faces!

The speculators saw the market turn downwards and conventional financing options disappear and they were unable to meet the obligations of the hard money loans. This left the hard money lenders in a position where they were forced to play the role of “repo man” and foreclose on a bunch of houses which were rapidly depreciating. Now they’re more in the “asset management” business than the hard money business. Those who didn’t go out of business entirely are still lending…but much more cautious.

How to Find the Needle in the Haystack

So, where does a new real estate investor go to find a good hard money source that will lend them money to do deals? I’ll tell you in just a minute, but first, let me share a quick fact with you.

I’ve been involved in hundreds of real estate transactions and I’ve only used hard money a handful of times. There’s usually a better, more profitable way. The trick to finding that “better, more profitable way” lies in your education. You will learn a ton of “better, more profitable ways” with your course of the month which you receive as a member of www.YuckyHouseTraining.com. You literally have a new course delivered to your doorstep each and every month…make sure you use it!

Anyways, if you absolutely must use hard money, I have compiled a list of hard money lenders in the paid area of the No BS Investor website. From what I know of the lenders I listed for you, they’re reputable. Just remember though, you have personal access directly to me as you real estate coach with your No BS Investor membership, so use it before you go out and borrow hard money on a deal. I can probably steer you in a more profitable direction.

Sean Flanagan

ooookkkk! so I am a realtor and i need some tactics on how to sell this distressed house that i have listed. House is empty in OK shape but does need a little work. the home is vacant but shows nicely. owner is elderly and is having a fit because of taxes and no tenants… like i said some work is needed. but how do I show buyers the "vision" that the place has???

By distressed , do you mean discounted ?
If it is structurally sound and bargain priced ,
Pick up a bunch of pamphlets are Home Depot or Lowes for flooring , appliances and lighting .

Focus on the sound structure ( to include foundation , roof , electrical and plumbing ) and now the buyer can spend their savings on making the home the way they want it .
Get it before some contractor puts in tacky linoleum or paint they would not like and have to do again .

good luck

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