Government Grants, An Alternative to Scare Real Estate Financing

With the Exit of Traditional Mortgage Financing Investors Turn to New Ways to Finance Properties and Repairs
By: Marv Uetel
 
March 23, 2009 - PRLog -- Real estate investors are among many people left out in the cold as a result of the recent mortgage meltdown.  Some investors have exited the industry due to increased difficulties with mortgages but others are thriving in the current real estate investing market.

Get Real, The Real Estate Investing Show for the Rest of Us spotlighted an alternative source of investing on a special edition of the show.  Jillian Wheeler Coleman, grant consultant and real estate investor shared her expertise with the real estate investing audience regarding tapping into a large pool of government and private money provided to private real estate investors each year.

Jillian shared that there is a large pool of government grant money earmarked to provide much needed affordable housing.  The federal government in conjunction with many local and state governments are providing funds to purchase homes for the sole purpose of these homes being rented out to qualifying tenants.  Ms. Wheeler states that this becomes a win-win for both the landlord and tenant as the affordable housing market is served efficiently and through the free market economy model of private real estate investors.

In addition to money being available to purchase rental properties existing landlords may qualify for government grants to provide repairs to their existing rental properties.  More information is available through the weekly show Get Real at www.getrealrei.com.

Get Real is a top  iTunes business podcast that can be heard at www.getrealrei.com , through a news reader at http://feeds.feedburner.com/GetrealREI or by searching for “get real real estate investing” through iTunes.  Get Real provides a down-to-earth, real world view of real estate investing for current and future real estate entrepreneurs.
End
Source:Marv Uetel
Email:***@getrealrei.com Email Verified
Zip:28117
Industry:Real Estate, Government, Financial
Location:Mooresville - North Carolina - United States
Account Email Address Verified     Disclaimer     Report Abuse



Like PRLog?
9K2K1K
Click to Share