Mortgage Update

The time is NOW for Fix-Flips! We all know it is a real challenge to buy, finance, improve, re-sell (fix-) flips. I can make this a lot easier and speed things up with mortgage loans and investor funds (up to 100% of cost) - and referrals of/to developers, realtors, and buyers.... Real Estate is ...

It may be a buyer's market, but REOs and short sales are a real challenge to buy, finance, and manage. Yet significant profits are made by astute fix-flip developers who have more opportunities than they can financially handle, and who are willing to accept financing of a profit sharing basis. If...

Automatic credit monitoring during the loan process is now in effect! This is a potential minefield: No applications, new, or more credit during the loan process! See below. /// Overall market activity may be low, but fix and flips are popular. Go here to price a scenario. If you want to consider...

You are not going to like this! Fannie Mae Loan Level Price Adjustments (LLPAs) are going up effective April 1st, 2011, drastically increasing loan pricing. See below. /// There is another Fannie initiative that can increase the cost of borrowing. Borrower credit will can be re-examined prior to ...

Happy New Year, and best wishes to all for 2011!  I see opportunities on the investment front: the economics of rental and fix-flip properties make a lot of sense. I have both loans, and investors for this. /// Home buyers, often driven by market stats, will probably not be in a hurry, but maybe ...