Frequently Asked Questions
Please reach us at if you cannot find an answer to your question.
How are you able to have unlimited resources?
ALOVERA Strategies LLC has national resources of over 15,000 real estate buyers, investors and Private Money Capital Investors. All are actively looking for Real Estate opportunities.
Why is it so important to have your Capital in place before seeking investment opportunities?
Five key reasons why having capital in place before an investor finds a deal is crucial:
1: Transaction Protection: Partnering with the right capital provider offers an added layer of protection for your transactions. It allows you to navigate complex deals, mitigate risks, and ensure the successful completion of transactions, even in challenging circumstances.
2: Enhanced Credibility: A well-capitalized company demonstrates financial stability and strength. This, in turn, boosts your company's credibility in the eyes of investors, partners, and stakeholders. It can also improve your access to additional sources of funding and partnerships.
3:Risk Reduction with OPM (Other People's Money): Leveraging OPM can significantly reduce your personal financial risk. By using funds from investors or lenders, you can minimize the impact of potential losses on your own capital while still benefiting from potential gains.
4: Avoid Missing Out on Opportunities: Having capital readily available ensures you can seize promising investment opportunities promptly. You won't risk losing out on a potentially lucrative deal simply because you don't have the funds in the bank when you need them.
5:Scalability: With sufficient capital at your disposal, you can effectively scale your business operations. This ability to expand and grow rapidly can lead to increased market share, revenue, and profitability.
Can you explain the importance of Earnest Money Deposits (EMD) in real estate transactions, and how does your lending service assist with them?
Earnest Money Deposits (EMD) are initial funds deposited by a buyer to demonstrate their seriousness in purchasing a property. As a real estate lender, we can provide capital for EMD, ensuring that you have the necessary funds available to make strong offers and secure properties. This service helps you compete effectively in the market. Add an answer to this item.
What is a Double Closing, and how can your lending services facilitate it for real estate professionals?
A Double Closing, also known as a simultaneous closing, is a real estate transaction where two separate property sales occur on the same day. Investors may use this strategy to purchase and sell a property without using their own funds. We can provide the necessary financing for the initial purchase, ensuring a smooth and timely double closing process, which can be advantageous for real estate wholesalers and investors.
What should real estate investors and wholesalers look for when choosing a lender for their financing needs?
When selecting a lender for real estate financing, consider the following factors:
Experience: Look for a lender with a track record of working with real estate investors and wholesalers.
Loan Types: Ensure the lender offers the specific types of loans you need, such as EMD, Bridge Loans, PMLs, and HMLs.
Terms and Rates: Compare interest rates, loan terms, and fees to find the most favorable terms for your situation.
Flexibility: Choose a lender that can tailor loan solutions to your unique needs and timeline.
Reputation: Check reviews and ask for referrals to gauge the lender's reputation and reliability.
Finding the right lender can significantly impact the success of your real estate investments and wholesale transactions.