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This Real Estate Investing Video Shows What It’s Like To Buy An Investment Property

Real estate investing is one of the most desirable ways to make money and build wealth. It's really no secret and there are an infinite amount of books and courses you can buy to learn how to make money with real estate investment strategies. The trouble most people have getting started with real estate investing is actually knowing what to do and coming up with a decisive plan on how to take action to buy an investment property. The second big barrier people face is actually having the courage to invest money into a real estate investment property.

Matt from TailHappyTV recently started a new section on his YouTube channel detailing his very first real estate investing deals. In the video Matt shows his conversation with his agent and how the real estate investment deal took place to begin with. The video shows how much money the homes cost and how much money is being spent on home renovations on the properties. He also gives a forecast for the projected profits and time line for the return on investment for his first real estate investing properties. If you have been looking for an example of how to get started investing in real estate you may gain some insight into what it's like to be a new real estate investor and what a phone call may look like. The video is not intended to be financial advice or recommendations, it's simply a story telling video from TailHappyTV documenting a true real estate investing process which does not have a final outcome yet.

Features of a Hard Money Loan

People who have the opportunity to invest in property may need a hard money loan to continue with the purchase. This type of mortgage is a financing tool people use to get home or multiple residential units so that they can first buy it and then resell it. Hard money loan has many important features:

1. The private money mortgage is one in which investors gain access to funds to purchase property for resale from the hard money lenders like baymountaincapital. The hard money loans can help homeowners because it can allow an investor to buy their homes when they desperately need to sell their previous property.

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2. A hard money loan is based on the collateral. The collateral is a home or residential unit. Because the business is of a risky nature, only about 50% to 60% of the normal value of the property can be covered by a hard money loan. 

3. To obtain an investment property loan, you do not need to have a good credit score. An important consideration is whether you will be able to repay the loan or not. 

4. You do not have to expect an early repayment clause in hard money loan investment property. This is because the nature of the product fund is for a short time. You are not legally bound to immediately pay the loan, but the expectation is that you will.