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    eptable part of the borrowing process. Watch for fees that are excessive or hidden. Do the arithmetic yourself to be sure everything adds up correctly.

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    One of the most common challenges for new—and sometimes even for experienced—real estate investors is getting deals funded. When you’ve got a great deal and you’re having trouble finding the money you need to close it, you may be tempted to take a loan with terms and conditions that will work against you. There may be times when this is an acceptable strategy—and times when you should walk away from the loan, even if it means walking away from the deal.

    When you see one or more of the following red flags, think carefully and explore all your options before you accept the loan.

    Higher than normal fees. There are fees and costs associated with originating loans that are an acceptable part of the borrowing process. Watch for fees that are excessive or hidden. Do the arithmetic yourself to be sure everything adds up correctly.

    Higher than normal i

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    re having trouble finding the money you need to close it, you may be tempted to take a loan with terms and conditions that will work against you. There may be times when this is an acceptable strategy—and times when you should walk away from the loan, even if it means walking away from the deal.

    When you see one or more of the following red flags, think carefully and explore all your options before you accept the loan.

    Higher than normal fees. There are fees and costs associated with originating loans that are an acceptable part of the borrowing process. Watch for fees that are excessive or hidden. Do the arithmetic yourself to be sure everything adds up correctly.

    Higher than normal

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    table strategy—and times when you should walk away from the loan, even if it means walking away from the deal.

    When you see one or more of the following red flags, think carefully and explore all your options before you accept the loan.

    Higher than normal fees. There are fees and costs associated with originating loans that are an acceptable part of the borrowing process. Watch for fees that are excessive or hidden. Do the arithmetic yourself to be sure everything adds up correctly.

    Higher than normal

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    efully and explore all your options before you accept the loan.

    Higher than normal fees. There are fees and costs associated with originating loans that are an acceptable part of the borrowing process. Watch for fees that are excessive or hidden. Do the arithmetic yourself to be sure everything adds up correctly.

    Higher than normal

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    eptable part of the borrowing process. Watch for fees that are excessive or hidden. Do the arithmetic yourself to be sure everything adds up correctly.

    Higher than normal interest rate. If you have less-than-perfect credit, you can expect to pay a slightly higher rate than someone with a top-notch credit rating—but it shouldn’t be exorbitant. Know what the going rates are; if the lender is asking for more than six percent above prime for a first mortgage loan, look elsewhere.

    Prepayment penalties. Don’t put yourself in a position of losing a substantial amount of your profit through prepayment penalties if you want to refinance in a year or two or if you sell the property.

    Extra services you don’t want or need. Some lenders will bundle things like life or disability insurance into your loan. Not only is this the most expens

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