For long after the rest of the country fell under the implosion of major financial institutions, much of Texas still enjoyed an appreciating housing market. Even two years after almost the entire country was seeing double digit declines in property values parts of the Dallas area were still growing strong. Unfortunately, while there were great deals available for investors, the mortgage industry was crumbling. This meant that virtually overnight the systems and strategies that many real estate investors were using came to a stand still. All of the great loan programs seemed to have become extinct.

However, one Dallas based real estate investment firm discovered the power of private real estate lenders. With rising foreclosures there became many properties available at 30-60% of their after-repair-value (ARV). They found that private mortgage lending companies would now loan both the funds to purchase these properties and the money to complete the repairs. This means that properties could be bought and rehabbed with almost zero down using private mortgage lending. In turn this means that properties like these financed by private real estate lenders could then easily be sold to other investors or even end buyers. Big discounts could still be offered in order to make the deals attractive and ensure that properties could be flipped quickly. They could be sold at 75-90% of their new higher market values after repaired to buyers who would either live in them or could rent them out with good cash flow. The best of these deals could also be retained and rented or sold on a rent-to-own basis. This meant positive monthly cash flow, plus being able to sell these homes at full market value in 12-24 months down the road to cash out the 35-45% equity still available!

This Dallas based real estate investment firm used this model to amass a portfolio of cash flowing properties valued at over $20million in just a of couple years. Using private real estate lenders you too can take advantage of the great bargains available all around the country today. Banks and government agencies like HUD are burdened with masses of non-performing loans and thousands of properties that can be bought for 30 to 65 cents on the dollar. Regardless of whether you are looking for properties to flip or houses to renovate and rent out, private mortgage lending can help you accomplish your goals. One thing is for sure, it is unlikely that these deals will last forever and the chances of seeing property prices this low again in your lifetime are probably pretty close to non-existent. Another technique that was used by this firm and is critical to remember in this market is that it is not just cities that are doing well or poorly, it is individual neighborhoods and zip codes. In order to not only profit from the current opportunities but to obtain the maximum funding from private real estate lenders, you must look at the trends on the zip code level. This will also enable you to get the best terms on private mortgage lending and be able to turn properties around quickly.  Please visit NoteFlo to learn more about how to obtain a private mortgage loan.