10 Real Estate Investing Tactics (8 – 10)

So, here they are.

The last 3 real estate investing tactics. For the previous 7 tactics, see the links below.


The FHA, created in 1934 to heal the housing market during the Great Depression, doesn’t lend money to homebuyers, but insures lenders against default on loans that meet FHA criteria. FHA loans are popular with many buyers because it is basically the only loan product in the current market that still requires a relatively low down payment — less than 5 percent. The FHA also has a loan program called 203(k), which is popular with homeowners seeking mortgages for major renovations. The streamlined version of the 203 (k) loan program requires a 3.5 percent down payment, and covers up to $35,000 in renovations and repairs.


An FHA loan works if you’re buying a property to live in, but if you’re buying investment properties you won’t qualify. Buying with cash is one option for investors, but another option is to use conventional financing, backed by Fannie Mae or Freddie Mac. Investors can buy up to 10 properties, including their primary residence, using conventional financing.


Hard money financing can be a good option for a select group of investors who want to buy more than 10 investment properties and who are not able — or willing — to pay in cash. Hard money lending is most appropriate for the buy-and-flip investing strategy because the term is usually short, around one year, and the interest rate is high, often north of 12 or 15 percent. Investors are better off when they can pay back the loan in a few months.

(The content of this message is taken from RealtyTrac Agent Advocate; Volume 6 Issue 6.)

Randolph County has its share of both short sales and REO properties (foreclosures) available right now. If you are interested in finding out more about properties for sale in the Asheboro and Randolph County areas, call or email me today.

I make offers for you on HUD properties for sale in NC….

For tactics 1 & 2, click here: 10 Real Estate Investing Tactics (1 & 2 of 10)

For tactics 3-5, click here: 10 Real Estate Investing Tactics (3-5)

For tactics 6 & 7, click here10 Real Estate Investing Tactics (6 & 7)

Waynette Hoover Araj


336-953-6526 direct



RE/MAX Central Realty

231 S. Fayetteville St

Asheboro, NC 27203


One response

  1. Pingback: 2010 in review | Real Estate in Asheboro

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