MyHouseDeals Announces New Funding Portal to Facilitate Transactional Funding for Real Estate Investors
“Investors keep citing a lack of funding as the main factor preventing them from doing business.”
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Using the new funding portal is a seamless process. To get started, homebuyers just click or hit the Get Funding tab on the MyHouseDeals homepage. From there, they’ll answer a few quick questions about the deal, as well as their goals and preferences. The investor is then automatically matched to a hard money lender or an individual private lender in the residential, commercial, or construction sector that is best suited to carrying out the business.
The financing portal breaks the biggest barrier for investors preventing them from raising capital for their real estate transactions. It greatly increases the likelihood that a loan will be approved, allows investors to find the right lenders for their businesses, pre-qualifies with a pre-approved loan, and gives them peace of mind by making it a repeatable process.
The hundreds of lenders participating in the program must meet a high standard which ensures that only top notch lenders participate. Investors benefit from the lowest interest rates, the best repayment terms, and the highest loan-to-value ratios (LTVs) to maximize their profits. The initial feedback from investors who have used the funding portal has been largely positive.
About MyHouseDeals
Founded in 2005, MyHouseDeals is the leading online community for residential real estate investors providing networking tools, on-demand training and real estate lead generation, including access to wholesale real estate deals, motivated seller leads and national investor foreclosures.
Contact:
Vlad Vidaeff
REI network, LP
713.701.5540
[email protected]
SOURCE MyHouseDeals
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https://www.myhousedeals.com/