“Houston Real Estate Investors Dream Team” reached #1 on Amazon.com’s Best Seller List in the Real Estate, Buying and Selling Homes and Real Estate Investments categories on Tuesday, June 16, 2015.
The book was compiled from interviews and the experiences of top real estate investing consultants in the Houston, Texas area on the specific and powerful topic of creating a real estate investment business. Each contributing author has spent years helping new and seasoned real estate investors, not just with practical advice on how to have a real estate investing business, but providing actual services so that investors can use their time and money in more practical ways.
Yarborough, a real estate investor himself in the Houston, Texas area, ran into the same road blocks many investors run into when trying to secure financing for properties they want to purchase. As the president of Capital Concepts, a mortgage company in Houston, he searches for new and different ways to finance a property, in addition to offering traditional lending options to the real estate investing market.
In this chapter, Yarborough shares, “The guidelines for conventional financing got so tight from an overreaction. People need to know there are other types of loans. As long as you’ve taken care of your credit, you’ve been responsible with acquiring more debt, and you’re buying a good property, there are other portfolio-type lenders that will lend to you.
I really struggle to explain to people that there are so many types of loans available. You might not qualify for this loan or that one’s unavailable at this time, but then we can look at Plan B. I think one of the biggest tools I have and one of the largest ways I can help people is by showing them the different products that are available to them.”
In addition to assisting with financing projects, Yarborough offers guidance and education to those investors who work with him. He buys property using what he calls the double close technique. This involves buying property with both equity and cash flow. If someone has to turn around and sell a property quickly, he will still have some money at the end of the sale, instead of losing money, as so many do.
Yarborough’s personal investing portfolio is impressive and a testament to the wisdom of the advice which he offers to other investors. His investing expertise and his lending company are two important assets that real estate investors in the Houston, Texas area should be aware of.
For more information about Blake A. Yarborough, visit: http://4SmartMoney.com
“Houston Real Estate Investors Dream Team” is available in the Amazon Bookstore at http://www.amazon.com/gp/product/B00Z959WQ4.