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Real Estate Investing with Bank Funds

Real Estate Investing with Bank Funds
It may seem like using bank funds is the right choice to begin your investment carrier. You can walk into the bank, talk to people face to face, and do business the old fashion way. But wait. Remember all those old movies when the bank moved in to take over the widow’s property? Does that really happen? It can and it will if you don’t make those payments. Let me ask a question. Do you really understand the terminology in the multi-page agreement? There may be more in those papers than you expected. You may want to have a Real Estate attorney look over those loan papers before you use bank funds to begin your investment carrier.
In many cases bank funds are great for real estate investors. Bank funds have been used for years and have funded some of the largest real estate investments in the world. Which brings up a point. Why is there one standard loan agreement for the little guy, and a host of others for large investor? Of course the large real estate investor will bring in a lawyer. Or a team of lawyers. That is common sense. Then why does the ... more

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