203k marketing - 08/30/10 12:04 PM
Marketing for the 203k is simple... put your information in front of the public and they will come. It is that simple but you need to tell them you are going to do so. So many people put on seminars but fail to tell anyone they are doing so. If you get the word out you will get participation. 
Sam, a 203k consultant on the east coast has 3 seminars per week and brings in about 15-17 203k loans per week. That is enough for most lenders. There is a direct correlation  between the number of seminars you give and the … (5 comments)

203k properties - Clearlake Oaks, CA - 08/22/10 12:57 PM
Well we have done some interesting properties this year already. 3 modular homes which are a little unique in that we had to use the existing foundation and remove the original modular home that was on those foundations on two of them but the third was an older, small stick built home on a permanent foundation where it was coming off and a larger modular home, was being put in it's place. The wonderful thing about modular homes these days is that the costs are so well controlled since they are built in a factory that the home owner reaps the … (1 comments)

203K LENDERS - 08/14/10 07:25 PM
More and more 203k lenders are purchasing our 203k software particularly if they are specializing in the Streamlined "k" as it allows up to five trade contractors and creates specs and contracts for each. It also provides all their necessary paperwork for the submission of a 203k loan when added to the 203b paperwork they create. If you like doing the 203k loan you will love this software. You can get a trial version from our website. Call if you have any problems with the download.
More and more FHA lenders are getting into the Streamlined "k" and it is a … (4 comments)

203k for Realtors and agents - 08/10/10 06:32 PM
Two events planned this week. 
Both at RE associations at 8:30 am
Wednesday, tomorrow at the Masonic Hall 800 Rose Avenue, Modesto, CA
Thursday at the Oakdale Golf Course at 243 North Stearns Road, Oakdale, CA
Hope to see you there
… (2 comments)

Capitalizing on these economic times - 08/09/10 07:43 AM
The real estate market is and always has been a place for entrepreneurs to make money. Millions are being made right now all around us by those who are willing to take the plunge. The problem is that too many of you haven't a clue as to how to go about it. I see REIA and clubs opening all over the country and that is a real good thing for new investors or wanna bees. It gives you a chance to get your feet wet and hear lots of stories of how others are doing it in your area. These are … (3 comments)

The Sleeper - FHAs 203k loan - El Sobrante CA - 08/05/10 08:36 AM
I have been baffled and befuddled for years about the 203k loan program. When I got involved with it in 1994 it was an exciting thing to see a loan product for buyers or owners, purchase or refinance, that could also provide monies to make needed repairs. Wow, I thought, this is wonderful. I've never stopped thinking that by the way. 
I started giving a seminar to the public every week in 1995. I wanted to become and expert on the program and I felt the way to do that was to put myself out there and take on questions about … (2 comments)