Real Estate Investing with Government Grants

There’s no question real estate investing requires some kind of financial exchange – for each and every transaction. Whether the money comes from your own pocket, from an equity partner or a government grant – acquiring a property means some kind of assets are changing hands.

We know that private money deals are quite common these days. And, of course you can take out a loan – short or long term – which involves applying, qualifying and repaying with interest. Obviously coming in with a cash offer will get you there faster and at the best purchase price, but as a new investor this may not always be an option.

What’s Great About Grants?

The primary difference between a grant and a loan is: you don’t have to repay a grant. Nor do you accrue interest or have to pay taxes on the funds. Every grant will have a specific purpose; which will become evident as you explore the wide variety listed online in free grant directories.

As with a loan, grants also have an application process. But, it’s more about coming in with a viable project which provides worthwhile solutions to a particular void. Your integrity, clear intentions and experience with the proposed subject count.

Be sure to apply for multiple grants to better your odds for getting all the money that is needed for the project.

Where Do You Begin?

For a new investor, one type of grant may be especially motivating as you being to build your brand: fixing and flipping properties in a local neighborhood which has seen decades of neglect. Most cities appreciate citizen involvement and their private foundations and public offices will make available free grants to help accomplish improvements they cannot afford to do within their budgets.

Fortunately, the availability of grant money has increased over the years; to include categories such as environmentally-conscious updates for your home or business; assistance for first time home buyers and seed money for startup entrepreneurs. In fact, a grant may just fit perfectly into your initial game plan – and I can help you with all of this.

To your best success,

Laura