Category: Business Financing

What is the BRRRR Method?

It might be a little chilly outside, but you’re going to be saying brrrr for some other reasons. Particularly, when it comes to real estate investments. BRRRR stands for Buy, Rehab, Rent, Refinance, Repeat, used in real estate investing. When done right, you could earn a hefty return on your real estate investment within a few short months, helping you quickly build up a decent passive income. Here’s what BRRRR is and how it can boost your real estate investments.… Read More

How to Refinance Your Investment Property

If you own a rental property, refinancing your investment property can help free up extra money for future investments and reduce your monthly payments. However, refinancing an investment property isn’t as easy as refinancing a home mortgage. There are stricter requirements, and more costs to worry about.  Below, learn about the benefits of refinancing real estate and how to refinance your mortgage.  What are the benefits of investment property refinancing? Refinancing investment real estate can be a smart choice even… Read More

How to Use Business Credit to Buy Real Estate

Building solid business credit is a wise goal for any business owner — including real estate investors. Business credit may help you qualify for commercial loans in your company’s name (often at decent interest rates).  In this article, learn how to use business credit to buy real estate, types of business loans, and the benefits of building business credit in real estate. Business Credit In Real Estate With many types of investment property loans, lenders check your personal credit reports… Read More

How a Cash for Keys Agreement Works for Landlords

Many popular books on building personal wealth advocate residential real estate investments. The idea is that becoming a landlord by purchasing multiple properties and leasing them to renters creates a regular passive income over time. However, most landlords would laugh at that idea, as the job can often be the opposite of “passive.” Handling property maintenance, unexpected repairs, payment issues, and problem tenants are frequent sources of landlord headaches. However, the idea of “cash for keys” aims to simplify at… Read More

Business Line of Credit Requirements: Everything You Need to Know

A business line of credit can be a vital source of working capital for small business owners. Instead of providing a lump-sum amount up front like a term loan, you’ll get a revolving line of credit that you can use, pay off, and use again over a predetermined period. If you’re considering this financing option, however, it’s important to know that business credit line requirements can vary from other types of small business loans, though there can be a great… Read More

How to Find an Apartment Loan

Buying an apartment building isn’t the same as purchasing smaller investment properties. The payoff can be higher (assuming your investment goes well), but the risk may be higher as well — both for you and the lender.  On the plus side, a multifamily apartment building can have excellent income potential. It might generate consistent cash flow and grow your real estate portfolio. Plus, when you have a vacancy (or even a few vacancies), they likely won’t impact your bottom line… Read More