investor loans: Where Has All the Private Money Gone? - 09/29/08 05:52 AM
It seems in years gone by, I used to get all kinds of e-mail sfrom "Private Investors" or "Hard Moeny Guys" touting their cash to lend. Headlines like "close in 24 hours", "fast service" and my all time favorite ",y wallet has no bottom".
Well here we are and I have … (0 comments)
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investor loans: What my mortgage broker can do even in this very different market - 07/08/08 10:44 PM
Here is an email that my mortgage person, Craig Nesbitt said in an email to someone in my office--
"As we discussed on the phone over the weekend I wanted to send you a brief synopsis of some of the loan scenarios that we can do. I have greatly enjoyed working … (1 comments)
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investor loans: Calling All Jackson County Oregon Real Estate Investors Don’t Stop Now!!! - 05/15/08 10:53 PM
Southern Oregon Investors: Have you already purchased and financed 10 investment properties, and are now being told by your lender you will be unable to take advantage of the many buying opportunities we are seeing in our current local real estate market? You have good credit, you can qualify with full … (0 comments)
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investor loans: STATED INVESTMENT PROPERTY REFINANCE.........HELP!!!! - 05/08/08 09:53 PM
OKAY MY FELLOW ACTIVE RAINERS, PUT YOUR BRAINS TOGETHER FOR THIS ONE! I REALLY NEED TO GET YOUR HELP ON THIS ONE! I HAVE A GUY THAT IS A SELF EMPLOYED LANDLORD/PROPERTY "FLIPPER" WHO SHOWS AN AVERAGE $12,000 IN INCOME AND IS A 696 FICO. THE GUY ONLY OWES $20,000 ON … (8 comments)
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investor loans: Detroit Hard Money and other investor financing available - 05/05/08 06:33 AM
My Loan Closed Today, Inc. has hard money available in the City of Detroit and surrounding areas. If you are in need of purchase and rehab money, we are the place to go. Even if you already own the home, we can help do a hard money refi. Below is the … (0 comments)
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investor loans: Detroit Hard Money and other investor financing available - 05/05/08 06:30 AM
My Loan Closed Today, Inc. has hard money available in the City of Detroit and surrounding areas. If you are in need of purchase and rehab money, we are the place to go. Even if you already own the home, we can help do a hard money refi. Below is the … (0 comments)
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investor loans: What is the Best Loan For You! - 04/21/08 10:45 PM
Get the best mortgage loan for you
When you decide to buy a Your First Home, a New Home or Commercial piece of property, or even decide to refinance your current mortgage, it's a big step. You can trust Debi Simmons of Meridian Financial, Inc. to find the loan program that's best for you. … (0 comments)
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investor loans: Lending Guidelines on Investment Properties - 02/20/08 12:18 PM
Fannie Mae & Freddie Mac Mortgages
Nearly every Bank, Credit Union, Mortgage Banker and Mortgage Broker can offer the loan products backed by the federal charted companies Fannie Mae and Freddie Mac. Investors that have good credit, can document income and are ready to put money down can acquire a loan from … (0 comments)
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investor loans: Financing Mistakes by Real Estate Investors: #1 - 02/18/08 05:26 PM
#1: Quitting your Day Job before Establishing a 2 Year Self-Employment History
I got 3 calls just last week from Real Estate Investors inquiring about financing. All 3 had recently (in the last 2 years) quit their day jobs to invest in real estate full time.
Kudos to these brave souls for … (2 comments)
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investor loans: California Builder Consultant on The Norris Group Radio Show - 02/15/08 02:37 PM
Bruce Norris is joined this week by builder consultant and founder of John Burns Real Estate Consulting, John Burns. Bruce and John discuss how busy John has been consulting investors and builders who have never experienced a downturn, what industries these new investors are coming from and if it’s cyclical, … (0 comments)
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investor loans: Radio Interview with PIMCO VP - Mark Kiesel - 02/08/08 03:28 PM
This week Bruce Norris is joined by Executive Vice President of PIMCO, Mark Kiesel. PIMCO is one of the largest specialty fixed income managers in the world, with $746.3 billion in assets under management and more than 900 employees in offices globally. Bruce and Mark talk about the strategies of … (0 comments)
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investor loans: Radio Interview with C.A.R.'s Chief Economist - Leslie Appleton-Young - 02/08/08 03:25 PM
This week Bruce Norris is joined once again by Chief Economist for The California Association of Realtors, Leslie Appleton-Young. Bruce and Leslie discuss how lenders are exiting existing properties differently this cycle, feedback from frustrated REO agents, a due on sale moratorium, why adjustments in the lending industry has to … (0 comments)
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investor loans: Bye Bye My Favorite Investor Driven Wholesale Mortgage Bank in the Sky: Aurora Loan Services closing Mortgage Wholesale and Correspondent Channels - 01/17/08 05:33 PM
I am not the first to report this on Active Rain, that award goes to Kate Bourland: The Bloodbath Continues - Two Majors Leave the Wholesale Market, but I might be one of many who will miss this bank, as I am deeply saddened to see them leave this challenging market.
Here is … (3 comments)
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investor loans: Southeastern Real Estate Investors January Meetup - Marietta Georgia - Focus On Short Sales - 01/12/08 10:20 AM
Get Your FREE Copy of the ORIGINAL "10 Mistakes Every Real Estate Investor Makes"
Get insights to ways you can avoid mistakes in real estate investing. Includes bonus mistakes added several times per year.Includes valuable information you can take with you on your next deal.
Southeastern Real Estate Investors January Meetup … (8 comments)
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investor loans: Needing Loan Officer(s) - 11/24/07 03:05 PM
Im in need of a loan office who can handle investor type loans, primarily on the refi side. However if you have a good source for rehab funds, that would be a huge plus. Likewise, Private Money source would be even better.Another opportunity lies within an officer who specializes in FHA, … (6 comments)
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investor loans: Don't say "Creative Loans" don't exist: 90% investor stated! - 08/31/07 12:29 PM
Just to keep the media blitz from totally "blacking you out". There are programs at great rates for good credit borrowers.
Check this out. A borrower with a 720 score can still do 90% investor stated! At a fixed rate in the 7.xx% range!
Now, here's what you do. Let your investors know … (3 comments)
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investor loans: Program Updates (Thanks for ALL Your Emails - Here Are Your Answers) - 08/15/07 10:38 AM
Clarification - we are licensed only in Georgia and Florida (we were previously licensed in all 50 states but that doesn't mean anything and it doesn't help us service our clients any better). I don't know about anyone else's programs because everyone is changing regularly including agency loans (FNMA/FHMLC)
Thank you everyone … (0 comments)
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investor loans: Deeper and Deeper and Deeper We Go - 100% Investor Rate Hits 17% Interest - 08/09/07 10:58 AM
The loan holdout for 100% investor financing just announced a rate change. But let's go backwards ...
In January of 2007 if you had a 620 middle credit score and could not document your income or assets I could get you 100% investment (non-owner occupied) money at about 9% blended rate on … (4 comments)
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investor loans: Pre-Fab Contruction, Commerical Lending, and Investor loans - 04/21/07 12:09 PM
Commerical Lending, Contruction, and Investors
Common Theme for this Blog will be two schools of thought .
Buiding it or Buying it
Should we build it? or Should we buy it?
What method will return the best investment or cash flow on the bellow areas?
The 2nd school of thought follows the money. What brings the Best ROI for … (3 comments)
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investor loans: A Quick Investment Lesson in Photos - 01/22/07 11:53 AM
When a loan officer asks you if a property is in "move in condition" this is NOT what they mean:
Believe it or not we have had applicants for investment grade mortgages tell us that a property like this was "move in ready" and adding "it only needs cosmetic repairs".
WAKE UP!
This … (4 comments)
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investor loans: Investing in Daytona Beach Shores Real Estate - 01/19/07 09:11 AM
We are writing this article to you to introduce a unique and exciting investment strategy that we are bringing to the area and are offering to a limited number of people. Bringing years of real estate and mortgage experience to the table, we have developed an investment plan that allows investors … (0 comments)
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investor loans: Investing in Daytona Beach Real Estate - 01/19/07 09:09 AM
We are writing this article to you to introduce a unique and exciting investment strategy that we are bringing to the area and are offering to a limited number of people. Bringing years of real estate and mortgage experience to the table, we have developed an investment plan that allows investors … (0 comments)
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investor loans: Investor Financing News - 01/17/07 12:23 PM
I really do not know how to spell it but here is a picture. Most likely it would be spelled "shoo" or "phyew" but it is that sound you make when you just came through a strenuous time. That is how I feel as an investment lender.
Just a few years ago … (0 comments)
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investor loans: Why Choose Mike Linton of Maranatha Mortgage? - 01/14/07 09:51 PM
… (0 comments)
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investor loans: Ten Things You *MUST* Know About Real Estate Investments (For Agents AND Investors) - 01/02/07 04:37 PM
Okay - here come some "industry secrets". They really are not secrets at all but the average loan officer, real estate agent and even real estate investor do not know these key things that can sting you. Also keep in mind that these are general rules and guidelines and some or … (3 comments)
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investor loans: Hard Money Basics - What, When, Why, and Where? - 12/27/06 10:22 AM
One of the more frequently asked questions from new investors and real estate agents is, "What is hard money?" The answer is much less mysterious than when and why to use hard money. Hard simply means it is tied to a "hard" asset such as real estate, gold, silver, etc. For … (4 comments)
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investor loans: Rapid Acquisition and Real Estate Investors - 10/24/06 03:53 PM
It's fairly new to help lenders limit market exposure to a single borrower. As a direct lender for real estate investment loans we don't have this stipulation on our inhouse loans however many of the lenders to whom we sell 100% real estate investment loans have recently added the underwriting guideline … (1 comments)
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investor loans: The FHA 203k Loan - When is it not the solution? - 09/26/06 09:01 AM
I can mark my calendar. In fact, I can almost set my watch. Every time there is a big investor seminar or other function here in Atlanta I'm going to get the phone calls. Dozens of new investors wanting to use an FHA 203k loan to acquire an investment property.
Let me … (2 comments)
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investor loans: Deferred Interest Mortgages: Investing the Money Saved from a Negative Amortization Payment Can Make You Money - 09/07/06 04:48 PM
Negative amortization loans go by many names depending on the lender you are using. Some of the common names are, deferred interest loans, payment option ARMs, Choice Option arms (adjustable rate mortgages), They all boil down to the same thing, they are loans with interest rates based on MTA, COFI and … (0 comments)
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investor loans: Rapid Acquisition: What it is and how to avoid getting bitten. - 09/03/06 05:58 PM
Rapid acquisition is familiar to all of us in the investor niche. It's something a lot of Loan Officers who don't regularly deal with investors could run into with your clients like a brick wall. Here's what you need to know as a Real Estate Agent about Rapid Acquisition:
If your client … (2 comments)
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investor loans: No Seasoning Cash Out Refinancing On Investment Properties - What Does It Mean? - 07/30/06 01:06 AM
SOME CONTENT OF THIS ARTICLE IS OUTDATED - LENDING GUIDELINES HAVE CHANGED 100% NO-SEASONED CASH OUT REFINANCING ON INVESTMENTS IS NOT CURRENTLY AVAILABLE (2007)
PLEASE DO NOT CALL ABOUT THIS PROGRAM! THIS ARTICLE WAS WRITTEN IN LATE 2006 - THIS IS LONG GONE!
There are several types of "seasoning" in real … (4 comments)
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