This article is about my most-used creative financing tool: self-directed retirement account loans. Using this tool, you can create your own network of individuals who can loan you money for your real estate investing deals, which is like creating your own “private bank.” If you are looking for alternative sources to fund your real estate [Continue Reading]
Archives for March 2014
My Creative Financing Toolbox
(And Why You Need It Too)
In my last article, I gave 6 Reasons I Prefer Creative Financing to Bank Financing. Bank financing isn’t bad, of course. There are many times when it’s very appropriate. My main problem with bank financing is that it can be limiting when depended upon too much. Instead, I like to have a large, flexible, [Continue Reading]
6 Reasons I Prefer Creative Financing to Bank Financing
I graduated from Clemson University in 2002. Soon after graduating I began real estate investing full-time with a business partner. Like many recent college grads, we were ambitious, a bit naive, and cash poor. We started when easy-money loans were the norm, but it turns out that having no job, no experience, and no assets [Continue Reading]