First Christian Church

Making Money In Real Estate

An important question you must ask yourself is ‘why invest in real estate‘, because if you do not have a solid understanding of why you are investing your time, money and energy in real estate you will washout quickly.

Many large cities have one or more publications meant only for foreclosure and distress property notices, but the best and safest way to find foreclosure homes would be to find a reputable listing service first.

Any investment approach does require research, time, fix-up, and perhaps even cash upfront, however this approach is not for everyone, but if your situation allows for it, you may be able to snag a great deal on a nicer home than you could otherwise afford.

Learn to starting taking notice of anything pertaining to real estate, as this is how you learn to make money in the real estate market, and this will make you more in tune with the entire real estate market if you take the time to learn about it and the growth trends.

Lenders generally make loans based on the income and credit of the borrower, and they generally follow standard lending guidelines that are set by Fannie Mae or Freddie Mac, and all forms used are standard.

You will have to provide any lender with the requisite down payment, proof of where it came from, and a few months of cash reserves in the bank.