Investors Turn to Creative Financing in Today's Market

Major Changes in the Mortgage Industry has Prompted Real Estate Investors to Find Unique Money Sources

[ClickPress, Wed May 14 2008] 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 difficul-ties 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 many of those financing options in this week's episode. Hosts Judson and Lynn Voss highlighted some of the techniques they are currently using to purchase homes. Many of the homes being purchased help out distressed homeowners in foreclosure or nearing foreclosure. Real estate investors routinely assist these homeowners by taking over the payments to their home and making up back payments to avoid the foreclosure process.

Other opportunities exist for real estate investors through owner financing. Without the need for the bank's strict underwriting guidelines homeowners are able to sell their homes to professional real estate investors. With favorable terms and getting out from under a mortgage they can no longer afford this has become a popular option. Real estate inves-tors on the other hand are able to get financed for homes they can afford but would otherwise be unable to finance because of the lack of stated income loans in the wake of the recent mortgage meltdown. 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. The Husband and wife duo provides a down-to-earth, real world view of real estate investing for current and future real estate entre-preneurs.

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