Manage episode 247534897 series 1923829
In episode 213 of Financially Simple, Justin lists the ways in which you can pay for Real Estate investment.
As you consider getting into Real Estate investing, you might need to take out a loan to buy the property. Justin looks at the different types of loan available, as well as other possible lines of credit, that you can use to purchase an investment property.
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01:31 - How Can You Pay For Investment Real Estate?
02:42 - Conventional Loans
04:28 - Federal Housing Authority Loans
05:40 - 203k Loan
08:20 - Veteran Affairs Loan
11:44 - Adjustable-Rate Mortgage
12:47 - Private Money
13:37 - Hard Money
15:06 - Home Equity Line of Credit
16:08 - Retirement Money
16:21 - Conclusion
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Host Justin Goodbread, Certified Financial Planner, Certified Exit Planning Advisor, Certified Value Growth Advisor. He is a serial entrepreneur, author, speaker, educator, Investopedia Top 100 advisor, and business strategist with over 20 years of experience. Justin owns Heritage Investors LLC, a registered investment adviser with the State of Tennessee. Heritage Investors only transacts business in states where it is properly registered or is excluded or exempted from registration requirements. This material is for general information only and is not intended to provide specific advice or recommendations for individuals. To determine what is appropriate for you, please consult a qualified professional. The Financially Simple podcast provides information, guidance, and support to Small Businesses in the United States.