Sunday 20 March 2011

Ways to Obtain Funding for Real Estate Investing by Sunil Tulsiani

USING BUSINESS OR CORPORATE CASH CREDIT

As a real estate investor or business owner Sunil Tulsiani notes that you may have been using your personal credit profile and credit cards for many ventures. Credit card companies, however, have become more stringent in the use of your credit cards. Sunil Tulsiani recalls that you may have experienced increases in your interest rate or a reduction in your credit line. Instead of using your personal credit and personal credit cards, Sunil Tulsiani explains that you can raise money for your real estate projects or working capital by establishing and building excellent business and corporate credit up to $200,000 and more in a short period of time, without hiring an expensive consulting service. Sunil Tulsiani believes that real estate investors should be using a business entity such as an LLC or corporation for their investment activity instead of a sole proprietorship and having business credit is one of them.
  
Business owners, such as Sunil Tulsiani, understand that the biggest advantage of having business credit is saving money. With no personal guarantees and regardless of what your personal credit looks like, your good business credit score will lower your interest rate on all types of borrowing for business services including:

-Business credit cards
-Lines of credit
-Real estate
-Vehicles
-Office equipment
-Business loans and leases
-Many more types of business financing

USING PRIVATE LENDERS

One of the easiest ways to raise money — without credit, a job, and NO PERSONAL GUARANTEES, namely, to get funding from regular people, not banks, and you’ll get it faster, easier and without limits as to how much you can borrower. Just think what you could do with that kind of borrowing power!

Using this strategy of private lenders gives you the ability to raise an unlimited amount of money quickly, into the millions. Why would regular people want to loan you money? Because they are looking for a better return on their money than what their Certificate of Deposits are paying or other very low interest rate investments, and they have the security of the real estate you are buying.

USING SOCIAL LENDING

Across the world social lending is being utilized as an alternative to traditional bank and personal loans, according to Sunil Tulsiani. Social lending sites connect individual lenders and borrowers through a peer-to- peer network that is streamlined, efficient, legally formatted, profitable, and most importantly, helpful. Social lending sites provide an opportunity to reduce loan rates and loan costs for borrowers and provide a rate of return for lenders which may beat investment alternatives.

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