PRIVATE MONEY IN REAL ESTATE INVESTING PHOENIX, ARIZONA

The American economy continues to concern people with unemployment at 10%, banks are still foreclosing on homes, and the threat of international unrest in other countries lay heavy on the heart of Americans. Gas continues to decrease and increase in a short time frame. The Federal Government is working on building consumer confidence by entering into the market by giving incentives and creating rules in the market. Will this help? Well, the unemployment rate is still at 10% and people are still losing jobs.

I believe people are tired of losing their money on Wall Street. Wall Street will continue to receive their fat bonsuses as Americans continue to take it in the shorts. Where else can they put their money? Real estate is a great option for them. Investors need access to private money in order to take down a great real estate deal with plenty of equity into the deal. I am seeing more and more people that want to learn how to fix and flip homes. We have provided this service here in Phoenix, Arizons. We teach people how to fix and flip homes not listed on the multiple listing service.

I believe a real estate agent needs three things to be successful when working with new and existing investors:

1. Must have ample investors to service
2. Must have deals so investors keep coming back
3. Private money to close the deals

Here are some of the advantages of using private money when dealing with real estate investments:

• Receive a discount on the property since one is closing faster
• No credit check
• Ample funds
• Cash flow
• Obtain money for repairs
• Flexible terms
• Develop key relationships  
• Creative methods when structuring the deal
• Several exit strategies
• Higher return on one's money 18% or more
• Create a note
• Conclusion:

We are in the middle of another real estate crisis. Home prices have been slashed to their lowest level in years. There are so many deals in the market. One must be in position to offer and close on a property very quickly when dealing with banks. Private money gives you the confidence needed to play the game. Then, you develop a reputation for closing deals at banks and in your community. People will start sending you deals left and right. Now, all the deals are coming to you based upon a solid closing reputation. Suddenly, there is no competition.

About the author: Harry F. D'Elia III is the Founder and CEO of Real Estate and Beyond. Host of the popular Real Estate and Beyond radio show hosted each Saturday from 12-2PM Phoenix time on KKNT 960 AM. Harry continues to assist people in building their wholesale residential portfolio one home at a time. Please visit www.DeliaTeam.com for further detail or call at 480-303-1800. Make the Call, Set the Plan and Do the Deal$.