Press Release Summary = In a recent blog, noted real estate investor Alan Cowgill told new investors why they should seek private lenders to help build their business.
Press Release Body = SPRINGFIELD, OH - If real estate investors need to move fast and avoid having deals get away from them, they need to use private lenders rather than the traditional sources of funds. That's according to Alan Cowgill, a nationally known real estate investor, trainer and author. Cowgill's comments came in a recent edition of his web log aimed at new investors.
"When I started my real estate career, I heard about the necessity of finding private lenders, but for four years I continued to go to banks and jump through their hoops," Cowgill said. "But then I quit my job, and I found that banks wouldn't loan me money. I realized I needed to bring private lenders into my life very quickly."
Cowgill's article details some of the advantages of using private money for real estate investments. Among other points, he listed the following advantages:
Private lenders are fast and you can buy at a discount There's no credit check and the transaction doesn't show up on your credit card Funds are unlimited The investor stays in control and sets the rules Investors can make offers with confidence Private lenders are flexible The investor can structure quicker and more profitable exit strategies.
In the article, Cowgill went on to explain that using private money prevents the delays and uncertainties of waiting for a bank loan. Using his own experience as an example, he pointed out that once investors have access to private money, they won't have to worry about deals slipping through their fingers and they can make offers on properties knowing they can proceed to closing.
"Besides the fact that private lenders are really a great group of people, they're the very foundation of a profitable brokerage business," Cowgill said.
Alan Cowgill is a speaker, author, and real estate entrepreneur. He is president of Private Lending Made Easy and the founder of Integrity Home Buyers, Inc., a real estate investment company in Springfield, Ohio. His blog appears regularly at www.privatelendingmadeeasy.com.
Contact: Alan Cowgill, President Telephone: 1-866-831-3540 Email: mkt@integrityhomebuyers.com
Web Site = http://www.privatelendingmadeeasy.com
Contact Details = Contact: Alan Cowgill, President Telephone: 1-866-831-3540 Email: mkt@integrityhomebuyers.com
2012
