Why Private Money For Real Estate Investing - Alan Cowgill

Released on = March 16, 2007, 1:35 pm

Press Release Author = Kirk Winkler/ProMedia Strategies, LLC

Industry = Real Estate

Press Release Summary = In a recent blog, noted real estate investor Alan Cowgill
told new investors why they should seek private lenders to help build their
business.

Press Release Body = SPRINGFIELD, OH - If real estate investors need to move fast
and avoid having deals get away from them, they need to use private lenders rather
than the traditional sources of funds. That's according to Alan Cowgill, a
nationally known real estate investor, trainer and author. Cowgill's comments came
in a recent edition of his web log aimed at new investors.

"When I started my real estate career, I heard about the necessity of finding
private lenders, but for four years I continued to go to banks and jump through
their hoops," Cowgill said. "But then I quit my job, and I found that banks
wouldn't loan me money. I realized I needed to bring private lenders into my life
very quickly."

Cowgill's article details some of the advantages of using private money for real
estate investments. Among other points, he listed the following advantages:

 Private lenders are fast and you can buy at a discount
 There's no credit check and the transaction doesn't show up on your credit
card
 Funds are unlimited
 The investor stays in control and sets the rules
 Investors can make offers with confidence
 Private lenders are flexible
 The investor can structure quicker and more profitable exit strategies.

In the article, Cowgill went on to explain that using private money prevents the
delays and uncertainties of waiting for a bank loan. Using his own experience as an
example, he pointed out that once investors have access to private money, they won't
have to worry about deals slipping through their fingers and they can make offers on
properties knowing they can proceed to closing.

"Besides the fact that private lenders are really a great group of people, they're
the very foundation of a profitable brokerage business," Cowgill said.

Alan Cowgill is a speaker, author, and real estate entrepreneur. He is president of
Private Lending Made Easy and the founder of Integrity Home Buyers, Inc., a real
estate investment company in Springfield, Ohio. His blog appears regularly at
www.privatelendingmadeeasy.com.

Contact:
Alan Cowgill, President
Telephone: 1-866-831-3540
Email: mkt@integrityhomebuyers.com


Web Site = http://www.privatelendingmadeeasy.com

Contact Details = Contact:
Alan Cowgill, President
Telephone: 1-866-831-3540
Email: mkt@integrityhomebuyers.com

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