Real Estate Investment Meeting to Focus on Funding

The Diversified Real Estate Investor Group (DIG) has relocated to new digs - at the Talamore Country Club in eastern Montgomery County. The nonprofit organization is opening wide its doors to anyone interested in learning more about real estate investment.

Moderated by Kathy Gilmore, a DIG member and real estate investor of 15 years, Kathy will serve as a presenter and meeting moderator, along with a panel of DIG experts at the Jan. 26 “Show Me the Money” presentation and question and answer session. The 90-minute discussion will focus on how real estate investors can successfully find and negotiate for funding.

“January is a good time to get your money lined up,” said Gilmore, who has experience with flipping, wholesaling, leasing and rentals. “Anybody who wants to do real estate investing has to figure out how to get money.”

Gilmore, along with the panel, will explain how to use mostly other people’s money to finalize real estate deals.

According to experts, 2017 could be a good year for prospective real estate investors to take the plunge. With existing home sales of 6 million to 6.5 million in 2017 along with 160,000 new homes planned for construction up to 2024, real estate experts are predicting a strong year for U.S. housing in 2017.

DIG Executive Director Stephanie Pappas is hoping 200 to 250 people attend the meeting. Its new location, at the Talamore Country Club in Ambler, is more centrally located for most members, she said.

The organization is looking to continue its mission of educating real estate investors and welcoming new, prospective members, according to Board President Frank Nestore.

“We hope to see some new faces on January 26,” Nestore said.

Anyone interested in learning more about real estate investing, as well as experienced investors and new investors who have undertaken one or two deals are welcome to attend.

During the meeting, each of the DIG panelists will offer a 10-15 minute discussion, followed by a Q&A session. Some of the topics to be highlighted include:

· Buying with subject to the current mortgage, owner financing, or lease options

· Construction loans

· Investment property mortgages

· Refinancing after a cash purchase

· Private lenders, hard money lenders and partners

· Self-directed IRA loans and purchases

DIG panelists will share examples of deals that were creatively financed. DIG vendors will explain the investor funding programs available and how to qualify.

If you go

DIG will hold its first meeting of 2017 on Jan. 26 at Talamore Country Club, 723 Talamore Dr., in Horsham Township with networking beginning at 6 p.m. A discussion regarding real estate funding with Kathy Gilmore and DIG panelists will begin at 7:30 p.m. and continue until 9 p.m.

About DIG

The Diversified Real Estate Investor Group (DIG) is a nonprofit organization founded in 1978. The organization consists of approximately 1,000 members who work as either full-time and part-time investors, beginning investors, real estate brokers and agents, attorneys, accountants, property managers, renovation specialists, appraisers, bankers, and people who want to enjoy the many benefits of real estate investing. DIG’s goal is to help real estate entrepreneurs gain practical knowledge of real estate investment and management through education, discussion, and networking. To learn more, visit www.digonline.org.