How can I find a creative financing expert?
- Samantha Iacobbo
- Mar 16, 2024
- 2 min read
Updated: Mar 20, 2024
Finding a creative financing expert typically involves reaching out to professionals with expertise in real estate investing, financing, or legal matters. Keep in mind that creative financing is a niche and most traditional experts know very little about it. Here are some steps you can take to find a creative financing expert:
Real Estate Agents: Most people turn to a real estate agent when looking for creative financing options, but the truth is that the majority of real estate agents know very little about creative financing. Real estate agents specialize in traditional property sales but generally know nothing about the niche area of creative financing.
Real Estate Investors and Investments Groups: Joining real estate investment groups or networking events can help you connect with professionals who specialize in creative financing. Seek out investors who know about creative financing or attend local meetups, seminars, or workshops where you can learn from experienced investors.
Online Forums and Communities: Explore online forums, social media groups, and communities focused specifically on creative real estate investing. Keep in mind that the average realtor group will know little about this, so be cautious. Engage with members, ask questions, and seek recommendations specific to creative financing.
Real Estate Attorneys: Real estate attorneys can provide legal advice and guidance on creative financing options, HOWEVER, like real estate agents, if the attorney does not engage in these types of deals regularly (and most do not) then they are most likely misinformed about creative financing. Only seek out attorneys who have current experience in this area. When speaking with an attorney, ask how often they have done creating financing deals and what investors or groups they have worked with. If they can’t point you to groups they have worked with, find someone else.
When seeking a creative financing expert, it's essential to vet their credentials, experience, and track record of success. Most people (realtors, attorneys, brokers) will point you away from creative financing because they don’t know anything about it and don’t know how to make money in these kinds of deals. Still, that doesn't mean it’s not a good option for you.
Here at Black Belt Investments, LLC, we are accredited in creative financing by the Creative Financing Real Estate Association (cfrea.org). With thousands of creative deals closed and decades of experience, CFREA has both the knowledge and the network to handle any creative financing situation. Contact us with your questions and if we can't help you directly we can find someone who can.
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