Everything real estate investors need to know about finding, financing, and closing real estate investment deals Navigating the complexities of real estate financing can be a major obstacle for the real estate investment novice. Now this quick-reference guide arms them with a road map for finding, evaluating, and financing golden investment opportunities. From due diligence made easy, to writing winning loan proposals, to successfully negotiating with sellers, to making sense of closing statements, Insider Secrets to Financing Your Real Estate Investments covers all the bases. Using dozens of annotated forms and checklists, Frank Gallinelli tells you what you need to know
First, the professional side: I am the author of "What Every Real Estate Investor Needs to Know About Cash Flow...," now in its third edition. It is actually about a lot more than just cash flow. It provides readers with a basic grasp of how income property investments really work and serves as a handbook for understanding essential financial measures related to real estate investing. I have a second book, "Insider Secrets to Financing Your Real Estate Investments," which was released in December 2004. In 2008 I released "Mastering Real Estate Investment," a sequel of sorts to the "Cash Flow" book. Readers of my books have often asked if I planned to give any classes on this material, so at last I released an online video course, "Mastering Real Estate Investing." You can find a complete outline of the course content at learn.realdata.com My company's website, realdata.com, has a strong educational component and I write a series of articles about real estate investment and development for that site. Speaking of education, I also served for 15 years as Adjunct Assistant Professor in Columbia University's Master of Science in Real Estate Development program, teaching real estate finance. I founded RealData in 1981 to provide usable, affordable software for investors and developers who weren't necessarily proficient with computers. Most of our products perform pro-forma analyses that range from basic to quite sophisticated. Besides information about this software, my company's site offers a variety of resources that you should find useful if you're interested in real estate investing or development. On the personal side: I started off life in Hoboken, NJ, home of the other Frank -- the one who could sing. We moved to Connecticut when I was about six and that's where I've lived ever since. I graduated from Yale in 1968 and then taught English and math for several years in New Haven. That might explain why I've written books with a lot of formulas and no split infinitives. I received a graduate degree in education, then left the classroom to go into real estate, became an investor, and the rest, to coin a cliche, is history. My wife Jean and I have been married for more than 50 years. We have a son who taught for 13 years in China and Korea. He is now back in the states with his wife and daughter, living just a healthy bike ride away. We're fortunate to have our daughter, son-in-law, and grandson also living within jogging distance. My CV notwithstanding, I always wanted to be a writer, although the great American novel was really what I had in mind. Nonetheless, I'm very grateful for the opportunity to be launched into print. And maybe that novel is still lurking somewhere.