Did you know you don’t have to use traditional lenders to qualify for a loan to buy houses.
Today Chris and I will discuss 3 ways we’re buying and fixing up houses using our IRA, 401k and business credit lines. You can invest in real estate and buy houses without begging banks for loans. But what’s the best way to do it????

Need financing? Find out how much you qualify for in Business Credit Lines:

Earlybird Registration for the Foreclosure Summit here:

At 6pm EST, my friend Chris Birch and I will go over creative real estate financing strategies that have opened up a world of opportunity for us both. If you’re struggling trying to figure out how to come up with the money to buy your next house, this training is for you…

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If you are looking to buy a house, there are several ways to go about it. While using conventional methods such as applying for a mortgage or paying cash are the most common ways, there are some more creative ways available that may be worth considering.

One such method is using your IRA or 401k to buy a house. This option is known as a self-directed IRA or self-directed 401k. It allows you to invest in real estate by using your retirement funds. With this method, you can purchase a property as an investment and benefit from the potential for appreciation, rental income, and tax deductions. However, it is important to note that this option comes with certain restrictions and rules that you must adhere to, so it’s important to consult with a financial advisor before proceeding.

Another creative way to buy a house is by using your business credit. If you are a business owner, you may have built up some credit for your business that you can leverage to purchase a property. This option can be particularly useful for those who don’t have a lot of personal savings but have a business with a good credit score. It’s important to note that this method requires careful planning, as defaulting on a business loan can have a significant impact on your business and your personal credit.

Finally, investing in real estate itself can be a creative way to buy a house. This may sound counterintuitive, but investing in real estate can provide you with the means to purchase a property. This can be done by purchasing a property and renting it out, then using the rental income to pay for the mortgage on another property. If done correctly, you can build a portfolio of properties over time that can generate significant income while also providing you with a place to live.

In conclusion, there are several creative ways to buy a house beyond the traditional methods. These three methods – using your IRA or 401k, leveraging your business credit, or investing in real estate – all provide viable options for those looking to buy a house in a different way.