Monday, 9 February 2015

How to Finance Investment Property



If you want to be one of the thousands of people who own commercial or residential commercial real estate, you will need know how to finance investment property expenses including your property loan and sometimes renovation expenses. You can easily do this by having good credit, knowing where to find financing and being prepared with the proper paperwork.

1. Run your credit history to make sure you are in a position to secure financing.
  • Follow up with correcting any mistakes on your credit report.

2. Fund your investment property with your own monetary resources.
  • While it is a high-cost venture, financing with your own capital leaves you with fewer people or entities to answer to and less red tape to go through.
  • Funding the property by yourself, though, means that you also assume all of the risk as well.

3. Consider taking on a partner or partners.
  • Splitting the cost with an investment partner or partners will again allow you to avoid red tape, as well as not sink all of your money into one project.
  • While you may have a positive working relationship with your partners, make sure that you have an iron-clad contract in place.
  • Agree on what percentage each partner is going to put in as well as what percentage each partner will be paid out.


About Us

MCHI-THANE has always been very clear that fine housing complexes and shopping malls cannot stand in isolation. A great City is the sum total of great buildings, great infrastructure and great people. MCHI has been committed to growth of the real estate sector and is credited with the harmonious growth and rise in quality and standards of construction in Thane City in the past decade.

Its aim as an Association of Developers has been to seek rational rules and regulations which are uniformly applied across the board as this will to a great extent result in speedy construction, cost reduction, fair pricing and a push for better quality standards at par with the developed world, with a high level of transparency.

No comments:

Post a Comment