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Follow on Google News | Money For Investing In Indianapolis Foreclosures: Buy And Hold Vs Fix And FlipIn this economic time, getting the money to do the deals is barrier for many. Private money, home equity lines, and cash are the most common ways people are buying with us, no question. However we have some new options.
By: Erik Sale Our homes are officially approved for IRA and 401K investing, and we have non-recourse lenders that will lend to your IRA. Ask us about how to get this started for you. We also have hedge lending now available. Hedge lending once only popular for ultra premium purchases like yachts, planes, sports cars etc, has now found a place in the realm of real estate. Our customers can now create a hedge account and use their stock portfolios to buy Indianapolis foreclosures with cash. No liquidation of stock necessary. You keep the stock, and the stock gains. And you get real estate, cash flow and profits, with no money out of your pocket. If your stock portfolio does not do well...no problem, just walk away as this loan is completely non-recourse as well. We are now working directly with a hedge lender to create more buying power for our clients. Ask how we can do this for you. If you are committed to traditional lending fear not, we have banks that are still lending. The key here is local banks, community banks, credit unions etc. Loans for small banks have increase significantly in the past quarter, 6.8% to be exact. Here is information from Business Investor's Daily. Sure a borrower needs great credit, verifiable income and a big down payment. But money is available, now mostly from community banks and credit unions. And interest rates, though higher than those for conforming or jumbo conforming loans (currently capped at $625,500 in most places), aren't staggering. The lending meltdown among big national banks is proving to be a boon to community banks and credit unions. Loan volume for lenders with less than $1 billion in assets rose 6.8% in the third quarter of 2008, says Pacific Coast Bankers' Bank in San Francisco, one voice for community banking and a holding company for 156 banks. "You have faucets getting turned off" among national lenders, said Steve Brown, PCBB's chief executive. "But you have community banks continuing to lend." More information at http://www.ezkeyre.com # # # Cash flow and foreclosure real estate investing--providing affordable positive cash flow properties, rehabbed, rented, and managed, with 1 year guaranteed rents. Our mission is simple: Extraordinary real estate deals and exceptional relationships. End
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