• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Norcross Real Estate News

Trending Stories About Residential & Commercial Real Estate News

NORCROSS Real Estate News
Residential & Commercial Real Estate

  • Home
  • RESIDENTIAL
  • COMMERCIAL
  • HOUSING
  • MORTGAGES
  • INSURANCE
  • INVESTING
  • NEWS/TRENDS
  • Meet the Team

Michael Eisenga

Michael Eisenga Reveals How to Raise Money for Real Estate Investments

September 7, 2021 by NREB Staff

Mike Eisenga, a seasoned real estate investor and entrepreneur, has several insights for anyone trying to raise money for real estate investments.

COLUMBUS, WISCONSIN, UNITED STATES, Sep 7, 2021 /EINPresswire.com/ – There’s never a wrong time to invest in real estate. Nobody can say that about any other investment decision. As someone with decades of experience as a real estate investor, Michael Eisenga knows this. He therefore strongly recommends adding real estate to your investment portfolio. At the same time, he also understands that many people have difficulty finding the necessary funds.

“Never abandon the idea of ​​investing in real estate because you are unable to bring cash to the table,” suggests Michael.

According to the US Census Bureau, individual real estate investors own over 74% of rental properties. While very few investors have the cash or collateral to invest out of pocket, many can still raise funds for their investments.

Anyone looking to invest in real estate should not assume that they are not qualified for bank financing. There are several programs that could fit perfectly. These include low down payment loans, veteran programs, and rehab loans. Many of them don’t require the standard 20% deposit or perfect credit.

There are two options today that weren’t on the table a few years ago. The first is person to person (P2P) lending. This includes looking for funding from individuals, not banks. There are several P2P lending platforms that investors can use to partner with investors. With P2P lending, borrowers have to repay investors interest.

The second option is crowdfunding. Here the investor pitches his project on the crowdfunding platform in order to collect funds that are made available by many people. In return, the donors are entitled to future investment profits.

Many investors can also get into the field through partnerships with others. There are a few options here. The first is to form a partnership and the second is real estate investment groups.

“Check out all potential partners and put all agreements through a lawyer who represents their interests,” suggests Mike Eisenga.

Finally, anyone interested in short-term real estate investments should consider seeking out a hard money lender. Hard cash loans are high-interest loans that are secured by the property. They are usually designed for quick payouts, ideally when selling the property in question. Because tough financiers value a property above the borrower’s creditworthiness, it is easier to qualify for financing.

About Michael Eisenga
Michael Eisenga is a successful commercial real estate investor with a banking and financial background and a former mayor of the city of Columbus. As President of American Lending Solutions, a mortgage lending company (founded and operated from 2000 to 2018) and First American Properties, he has a track record of starting and operating successful businesses. Mr. Eisenga is also dedicated to real estate development and construction, mainly serving smaller communities. Especially in the area of ​​senior housing.

Michael S. Eisenga
First American real estate
email us here
Visit us on social media:
Facebook
LinkedIn

You just read:

News provided by

September 07, 2021 at 20:30 GMT


EIN Presswire’s priority is source transparency. We don’t allow opaque clients, and our editors try to carefully weed out false and misleading content. If, as a user, you notice something that we have overlooked, please make us aware of it. Your help is welcome. ONE Presswire, Everyone’s Internet News Presswire ™, seeks to define some of the boundaries that are appropriate in the world today. Please see our editorial guidelines for more information.

Submit your press release.

Originally Appeared Here

Filed Under: INVESTING Tagged With: Michael Eisenga, Michael Eisenga is a successful commercial real estate investor, US Census Bureau

Primary Sidebar

More To See

Where to Focus Your Renovation Budget when Planning to Sell Your House

Where to Focus Your Renovation Budget when Planning to Sell Your House

When you’re preparing to list your home, it can be difficult knowing where to spend money on improvements that will attract more buyers. the Cost-benefit report 2021 provides valuable insights and shows the average costs of 22 common renovation projects and their value retention when sold. Using this data, we share the renovation projects that […]

Can Air Purifiers Actually Remove Dust from the Air?

Air purifiers are a popular home remedy for all kinds of ills, from smog to odors. But are they really effective at removing dust? Does it make sense to spend money on an air purifier when you can just use your air conditioner? Let’s look at whether air purifiers can really remove dust from the […]

5 Tips for Finding the Right Contractor for Your Renovation

5 Tips for Finding the Right Contractor for Your Renovation

When considering a home renovation, it is important to use the right contractor to ensure the job is done professionally and to your satisfaction. Make sure you finish the research before jumping in and hiring any contractor. But what else can you do? We’ve put together five tips to help you find a reputable contractor […]

First Look At Newest Farmland Investment Offering With 11% Target Annual Return

Farmland has been one of the most underrated real estate investments, but easier access to this asset class has opened the eyes of many investors to the benefits that investing in farmland can offer. Why invest in farmland? Agricultural goods are the United States’ largest export, with a total volume of US $ 135.7 billion […]

Privacy Policy | Terms and Conditions | About/ Contact
Copyright © 2022 · NORCROSS Real Estate News . Log in