Covid Loans for RE Investing or Business Working Capital at 0% APR!

REW 15 | Covid Loans

Moneeka Sawyer takes the time to raise awareness about the availability of a loan that’s made to help you get through the COVID pandemic. Know the basic requirements to get a loan of $25,000 up to $150,00 which you can use as a business or investment capital. Listen in and don’t miss this limited opportunity to get a jump start on real estate investing.

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Covid Loans for RE Investing or Business Working Capital at 0% APR!

I want to chat with you a little bit about funding. The question that I get the most from you ladies is, “I don’t have the money,” or “I don’t know where to get funding.” In the past, on this show, we’ve talked a little bit about private funding and how to get private money. We’ve talked to mortgage brokers. We’ve talked a lot about this, but now I want to talk about what we have access to during COVID. Because businesses are closing down, there are a lot of lenders out there trying to create opportunities so that these businesses can come back up and can continue to survive.

What they’ve made available to people is what’s called a bridge loan. The bridge loan is a personal loan and they’re offering these loans between $25,000 and $150,000. They’re good and they’re based strictly on your credit. If you have a 640 FICO score or better, you would be able to get these loans. These loans are directly related to our current times. Lending guidelines are a little bit more lenient. You get 0% for up to 21 months. This is designed to get you over that hump. If you’re a business owner, that’s great. How does this relate to real estate investors?

REW 15 | Covid Loans

Covid Loans: You can use a bridge loan either to buy a property at full price or to use as a downpayment towards a property and then get another mortgage.

 

We’re seeing some interesting things in the market. People have to move, people lose their jobs, and they’re not able to continue to pay their mortgages. They just want to sell or they want to get out. You can use these bridge loans to buy one of those properties and you can pay full price. You don’t have to go out and negotiate a lower price or anything like that. You can use a bridge loan either to buy the property or to use as a down payment towards a property and then get another mortgage.

I wanted to share this with you because it’s a new opportunity that’s come up simply because of COVID. It’s 0% for 21 months, it’s a killer deal. I don’t know how long it’s going to be available. I wanted to make sure you guys knew about it and that you can apply. All you need is a 640-credit score. They will have a few other questions, but it’s not hard to qualify. I’ve seen a lot of people go through and get those loans to help them to either invest or to help them through this hump. I wanted to offer you that opportunity. If you want to find out more, go to BlissfulInvestor.com/funding. I hope this helps. Email me if you have more questions. You know where to reach me and I’m here to help. I want to support you guys as much as I can. Have a great day. I’ll talk to you soon. Bye.

Important Links:

Find out about special programs available right now that are designed to help businesses survive through the covid crisis.  Businesses can use the funds as working capital to give them needed cash flow during these tough times.  Real Estate Investors can use the money as a down payment or to purchase property.The exciting things about these loans:0%APR for the first 21 months.

Minimum FICO is only 640.

Loan amounts between $25,000 to $150,000

We’re not sure how long these programs will last, so check it out as soon as you can.

For more information go to Blissfulinvestor.com/Funding

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Moneeka Sawyer
 

Moneeka Sawyer is often described as one of the most blissful people you will ever meet.   She has been investing in Real Estate for over 20 years, so has been through all the different cycles of the market.  Still, she has turned $10,000 into over $5,000,000, working only 5-10 hours per MONTH with very little stress. While building her multi-million dollar business, she has traveled to over 55 countries, dances every single day, supports causes that are important to her, and spends lots of time with her husband of over 20 years. She is the international best-selling author of the multiple award-winning books "Choose Bliss: The Power and Practice of Joy and Contentment" and “Real Estate Investing for Women: Expert Conversations to Increase Wealth and Happiness the Blissful Way.” Moneeka has been featured on stages including Carnegie Hall and Nasdaq, radio, podcasts such as Achieve Your Goals with Hal Elrod,  and TV stations including ABC, CBS, FOX, and the CW, impacting over 150 million people.

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