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cashflow: Refinancing your Foreclosures - 10/11/07 07:11 PM
I would like to shed some light on refinancing hard money loans.  Hard money loans can have an interest rate ranging from 8% to 22%, so refinancing into a 7% loan can save you interest expense.  Most hard money refinances I see come from the purchases of foreclosure.  Since the future of forclosure investing is strong in most areas it is good to have an exit strategies from a hard money loan.
Things to think about with a hard money loan:
What is your interest rate?Are there any balloon payments due? When?Do you have an extension fee to extend the length of your loan period?Are you selling or … (1 comments)

cashflow: Create Cashflow with Lower Interest Rates - 10/09/07 08:30 PM
 Cashflow is a very important part of the real estate investment world. There are a number ways to increase you cashflow on an investment "rental" property.  Today I want to talk about the INTEREST RATE on your investment property and ways to reduce it to lower your payment and increase your cashflow.
Here are a few ways to lower your interest rate:
 Shop at least 3 lenders - Make sure you are comparing apples to apples when you do this.  Factor the same number of origination and discount and make sure the term is the exact same. The term is a 30 year … (3 comments)

 

Investor Loans

Scottsdale, AZ

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Community First Financial, LLC

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