Financing Your First Real Estate Deal: How to Pitch Your New Business to BanksWould you lend to two recent college graduates who formed a partnership to invest in real estate, with little starting capital, and no business or real estate background? Just a few short years ago I was one of those college grads, eager to get my real estate investing company off the ground, and as you can imagine, securing financing to purchase our first investment property was a major hurdle. The housing collapse … [Read more...]
Financing Your First Real Estate Deal: How to Pitch Your New Business to Banks
May 27, 2012 By Leave a Comment
How a Commercial Short Sale Can Save the Day
April 19, 2012 By Leave a Comment
How a Commercial Short Sale Can Save the DayAs an investor, you’re looking for opportunities to help people. That should be your ultimate goal.Often, in bad economic times (like the past few years), companies need to reduce their asset load due to decreases in property values. In essence, the properties that were once assets are now burdens and foreclosure is a very real possibility. However, for an investor with a focus on what will happen down the road – not how the next mortgage payment … [Read more...]
A Home Run with Hard Money?
April 13, 2012 By Leave a Comment
A Home Run with Hard Money?I had made up my mind. No more debt.No more credit cards. No more car payments. No more hard money loans. Sure, paying 18% was steep. But that wasn’t the real reason I decided to give up leveraging my fix and flip deals. Borrowing money had bankrupted me in 2007. The funny thing about creditors is they don’t give a damn if your real estate investment portfolio drops in value by 65% – they still want their monthly payment.Then the summer of 2009 rolled … [Read more...]
Can Real Estate Investors Make A Difference?
January 4, 2012 By Leave a Comment
Can Real Estate Investors Make A Difference?Foreclosures, Short Sales, Repossessions, Default, Resales! A nation’s homes shape the quality of its citizens’ lives. Homes are where the workaday world ends and family life begins. Life’s passages take place in our homes; they are where children grow up and memories are made. Homes form the building blocks of every community.Not since the Depression has a man-made disaster so threatened America’s homes and housing stock as the … [Read more...]
Can We Predict Real Estate in 2016
October 31, 2011 By Leave a Comment
Can We Predict Real Estate in 2016Real estate investors, like mortgage note buyers, need to have a clear understanding of not only their own investments but also of the broader real estate and economic world. Your decision on whether to put up your own money would vary widely based on differing assumptions of property values declining 20% over the next five years, versus those values climbing by 20% over the same time period. As a mortgage buyer, I’d like to know what interest rates will … [Read more...]
Are Short Sales on the Rise?
August 19, 2011 By Leave a Comment
The latest statistics suggest that short sales are on the rise and foreclosures are on the decline. According to research from Moody's Investors Service, in August 2009, short sales accounted for 8% of bank distressed property sales. As of mid 2011, short sales have jumped to more than 25%. Meanwhile, the time it took for a borrower to go to foreclosure grew from an average 14 months in early 2009 to 24 months in mid 2011. Why are short sales on the rise and foreclosures on the … [Read more...]
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