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Services for Real Estate Pros - Hard money lending for investors in NH and MA
Tips, discussion and rants about Hard money lending to real estate investors, real estate investing, private lending and private lenders, mortgage investing and private hard money lenders

ARCHIVED BLOG POSTS

2011 

This post is from an email from John T Reed. He's one of my favorite authors on real estate investing and isn't much on sugarcoating, so I love reading his stuff. He sent this email to pitch his book, How to Protect Your Savings from Hyperinflation and Depression. It's ok with me that he pitches,...
01/31/2011
A few weeks ago I wrote about my cell phone cleaning up my language for me when I dictated into it, and it transcribed my voice into text. It was hysterical, if you missed it, check it out here first.  For those of you who don’t know me, my name is Ann Bellamy.  It matters because of what I’m abo...
01/27/2011
Ok, this is a little bit of a rant. I get many phone calls from investors seeking financing for large multi-family complexes in other states. These investors are typically seeking the down payment funds to purchase large complexes in emerging markets. I don't know any hard money companies that su...
01/24/2011
Overall, this book is considered to be the most definitive guide on landlording. I don’t agree with everything in the book, certainly I don’t provide curtains in starter apartments. Blinds, yes, but not curtains. But the author has a great handle on landlording. Not to be confused with real estat...
01/21/2011
Hard Money Myth #5 Hard money lends 100% of your purchase and rehab costs The reality: This is the "skin in the game" concept. It used to be, in an appreciating market, that it was easy to find 100% financing, even with hard money. Not any more. If you are borrowing all of the purchase money, and...
01/19/2011
Hard Money Myth #4 Hard money lenders make risky loans. The reality: While the collective wisdom, even among real estate and mortgage professionals, is that hard money lenders make risky loans, our experience is that the opposite is true. Because such lenders are typically lending their own money...
01/16/2011
A few of us were networking after a real estate investor meeting the other night. A friend had gotten a new Droid and was amazed at what it could do - pull up listings, get him to the listings, etc. I also have a Droid, and decided to check my email. I explained to him how I was starting to use t...
01/11/2011
Hard Money Myth #3 Hard money is too expensive. The reality: Hard money is likely going to be more expensive than that advertized by traditional lenders, i.e. a bank. However, bank financing may not be an option, for any of the following reasons: 1. A quick funding date may be impossible for a ba...
01/10/2011
The Massachusetts Supreme Court recently upheld a decision in the controversial Ibanez case. To oversimply, many lending institutions assigned mortgages to other entities without the assignment paperwork having been created and recorded. These new entities initiated foreclosure proceedings. The a...
01/09/2011
Hard Money Myth #2 Borrowers are desperate, in trouble and without options. The reality: Most hard money borrowers are solid, successful businesses that have circumstances or opportunities that do not fit well into the rigid structure of institutional lending.  They choose the hard money route be...
01/06/2011
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Ann Bellamy

Lending to real estate investors since 2006
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