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You want to be a real estate investor. Sure! The profit margin is quite high, but at the start of your journey, you will need lots and lots of cash to invest. Here are some of the real estate investor loans Dallas lenders can provide you with.
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Conventional Mortgage Loans are provided by the banks and mortgage, require thorough documentation and long processes.
Hard money loans are provided by professional lenders, but they are faster to acquire, involve less paperwork and does not depend on credit score.
Private Money loans are requested by the individuals who have capital, like a friend, family member, colleague, or neighbor.
Fix-and-Flip Loans are taken by hard money lenders for the purpose of renovating a property and selling it at a higher price.
Home equity loans are used to borrow money for buying a home or property against the equity of the existing home.
Commercial Investment Property Loans are intended for buying a commercial property and the investor needs to have a solid business plan and good credit score.