real estate: FUNDING GUARANTEED FOR REAL ESTATE PROJECTS - 07/13/09 12:48 AM
 
With Conventional Financing Stalling  Why not consider creative financing for your Real Estate Investments?
I have recently partnered up with a source  that provides Guaranteed Funding for your projects
Minimal Loan Amount $10 Mil NO CAP
 No  LTV's to consider
 No financial statements; tax returns, etc.
No exit strategy
No business plan
 No pre sales or pre leases
Absolutely NO Risk to Investor 
100% funding for Raw, yes raw land
Acquisition and development
Construction
 Bulk REO's
Purchase
 Refinance
FUNDING AS QUICK AS 30 DAYS!
Real Estate Investor/ Developer MUST have minimal liquidity of $40K to $300K
For additional Information about this … (0 comments)

real estate: Here is Your Opportunity to Pick a Lender's Mind... - 06/16/09 09:58 AM
Are you a Real Estate Investor specializing in Apartment Buildings?    Want to take the guess work out of applying for financing?  Curious to see exactly what you qualify for? 
Tune in Thursday June 18, 2009   at 10:00 am  EST  to listen to a lender discuss his apartment building financing programs.  Tim will discuss:
 Types of Properties that qualify;
U/W Guidelines;
Interest Rates;
Terms and Conditions
 Join us, listen, call in and get funded! 
Have other financing needs?  Call in and run your scenario past us!
 
http://www.blogtalkradio.com/REI-Financial
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real estate: Mezzanine Financing - 05/13/09 10:21 AM
Mezzanine capital in finance refers to a subordinated debt or preferred equity instrument that represents a claim on a company's assets, which is senior only to that of the common shares.  In Real Estate Finance, mezzanine loans are often used by developers to secure supplementary financing for development projects.   They have become increasingly popular. They are most often used for acquisitions, equipment purchases, and working capital or to refinance high interest rate loans.
Mezzanine loans are meant to plug the gap between what a permanent lender is willing to lend and what the borrower is requesting. Mezzanine loans are similar … (0 comments)

real estate: Private Money, The Solution ! - 05/13/09 03:29 AM
 If I had a penny for every call I get from Real Estate Investors/ Developers telling me that they just cannot seem to get funding for their real estate projects, I am sure that I would be a billionaire.   It is a pretty sorry state of affairs that seasoned Real Estate Investors/Developers are having a harder time getting funding then first time home buyers.  I don't mean to give the wrong impression, but really, we are talking about high net worth individuals with good credit, decades of experience, having trouble getting funding to complete their very viable projects.
While the current … (0 comments)

real estate: Bridge Loans ... A Solution to a Growing Problem - 03/06/09 12:58 AM
With mounting sentiment that more distressed real estate may be about to hit the market place and fewer conventional lending sources there is a growing number of real estate investors/developers pursuing short term purchase and refinancing solutions.
Many loan requests today will likely fall into the laps of private short term lenders seeking high risk adjusted returns.
Real Estate Investors are finding that bridge loans are the solution to purchasing new investment properties and developers are finding them a source to refinance maturing loans. It is interesting to note that bridge lenders are busier today than in recent history.
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real estate: The 1031 Exchange Basics - 03/05/09 12:41 PM
Real Estate Investors and business property owners are always looking for tax relief from capital gains. The following is an explanation of the 1031 exchange.
A 1031 exchange is a tax deferment technique based on Section 1031 of the IRS code and is sometimes called a Starker exchange in reference to a court case ( Starker v. U.S.) that allowed future real property exchanges to be treated as a simultaneous exchange which facilitates some legal tax avoidance. In layman's talk basically a 1031 Exchange is an IRS authorized process where like-kind business or investment properties are exchanged without immediate tax liability … (0 comments)

real estate: Benefits of Investing In Apartment Buildings - 03/05/09 12:38 PM
First time apartment building buyers often approach their new investments using an analysis that only takes into consideration the first few years of ownership .This is a big mistake as it doesn't take into account that apartment buildings see a great investment profit over a longer term.
 I would recommend that when doing an  ROI analysis, you consider holding the property for at least 5 years to see a decent profit on it. It is important to keep in mind, that if you buy your multi-units in good areas and keep the property in good condition, you can increase your rent … (0 comments)

real estate: Take An Apartment Building From A Zero To A Ten in 12 Months Or Less - 03/05/09 12:36 PM
The strategy is simple but not easy.  First you need to find an apartment building or complex that is not being operated efficiently, buy it for a decent price, increase its net income and sell it for a profit
Begin by cleaning the property up and doing some minor landscaping. 

As with any real estate you want your apartment building/complex to have curb appeal.  This will be the first impression that potential tenants will have.  If the building/complex appears not to have been taken care of on the outside, most times they won't bother to call you to see … (0 comments)

real estate: Screen Potential Tenants To Avoid Headaches and Legal Fees - 03/05/09 12:33 PM
Of course your primary objective is to make money when you own rental properties, and to do so is to have tenants.  However, you certainly don't want to rent to just anyone, to do so will end up causing unnecessary headaches and even future legal fees (eviction costs).  Here are some suggestions to ensure you fill the vacancies with good tenants.
Start with having the potential tenant completing a rental application form that asks for the following information and never accept one with missing or incomplete information.

Credit Check Authorization - in order to ensure that you are getting tenants … (0 comments)

real estate: Things That Make You Go HUH?? - 03/05/09 12:28 PM
Does the name Stanford Kurland sound familiar?  You probably won't recognize the name, but surely you will recognize the company that Mr. Kurland is the former President of... Countrywide.  The same Countrywide that was the lending institution that has become synonymous with the excesses that led to the housing bubble.
While Mr. Kurland insists that he always insisted that loans only went to borrowers who could afford to repay them he has been accused of being at the center of a culture shift at Country in 2003 as the company popularized the low teaser rate mortgage loans that adjusted so high … (0 comments)

real estate: A Ray Of Sunshine Amid The Housing Storm? - 03/05/09 12:26 PM
This wasn't reported in MSM but Radar Logic reported on Wednesday March 4, 2009 that home sales rose 7% from a year ago.  The largest gain took place in areas of higher foreclosed homes such as Las Vegas, Phoenix, and California. The gain has been attributed to affordability and low mortgage rates. 
The point I am trying to make here is the same thing I have been saying all along, if the MSM would bury their  " doom and gloom" reporting and mention this, it is my opinion that the market would recover more quickly.

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real estate: Kudos To CitiMortgage - 03/05/09 09:22 AM
Sometimes kind acts are worth mentioning twice.   CitiMortgage President and CEO Sanjiv Das told CNN Radio on Tuesday March 3, 2009 about their plans to assist their recently unemployed borrowers.
In an effort to help homeowners stay in their homes, CitiMortgage is offering their recently unemployed borrowers the opportunity to have their mortgage payment reduced to $500.00 a month for 90 days, with the possibility of an extension depending on their individual situation.

Borrowers that want to be considered for this benefit must submit documents proving that they are recent recipients of state unemployment benefits.
This certainly … (0 comments)

 

Charlene Wohlhart

AMF O'Hare, IL

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