private money: Hard Money in our current market - 07/15/08 03:22 PM
Hard Money in Our Current Market
How private lenders can make or break your clients
I have had many people asking me about Hard money loans in the past few months so I thought I'd give you a brief overview of what they are and how they can be
(2 comments)
|
private money: Hard Money Pitfalls - 07/04/08 06:18 PM
There are many hard money lenders out there today and they are growing in number due to the economic slowdown but they are not all alike.
There are some honest companies and individuals that are trying to fill the gap for people turned down by banks by offering them financing when
(5 comments)
|
private money: Private Money Bridge Loans can work for you. - 06/19/08 11:41 AM
If you are in need of some quick capital for a real estate project or just need to tap into some of your real estate equity quick, a private money loan may be the way to go. With the credit crunch we are experiencing right now the availability of capital in the conventional
(0 comments)
|
private money: Is anyone doing Private Money Lending? Investor with 10+ mortgages & 750 credit score needs loan fast! - 06/15/08 10:08 AM
I am an investor with 10 mortgages, a 750 credit score and 25-30% downpayment. All of the banks are telling me that guidelines have recently changed and most banks won't loan to a buyer with more than five mortgages. Can anyone help me obtain a loan that is not hard money
(5 comments)
|
private money: Business Cards! Learn the 10 Secrets Every Successful Real Estate Investor Must Knows To Make An Ordinary Business Card Into A Marketing Machine! - 06/05/08 12:30 PM
The purpose of any business card is to get potential sellers to call you. It is not to impress your family and friends, show off creative art work or flash an impressive title you gave yourself. But simply to get motivated sellers to call or email you that they are interested
(2 comments)
|
private money: Hard Money Loans AKA Private Money Loans - 06/04/08 07:37 PM
With lenders tightening up their guidelines making it harder to qualify, many people have turned to hard money (or private money) for their lending needs. What is a hard money loan? A hard money loan is usually funded through a hard money lender or broker from an individual investor's funds. These
(1 comments)
|
private money: Any Luck with Private Financing? - 06/01/08 06:19 PM
I am looking for bridge financing for a small resort project in Southern Oregon. Does anyone have any real contacts or real people who are loaning for this type of thing? I need about 5 million for a payoff of existing loan and some extra for acquisitions and enhancements. Contact me
(3 comments)
|
private money: Private Lender Needed - 05/29/08 06:44 AM
Unusual deal....
Borrower requires quick cash infusion of $1.3MM to finalize purchase of an IRS Tax Lien Certificate to be securitized after the redemption period by two commercial healthcare buildings in Texas with a current tax assessed value of $2.75MM. Borrower will pledge $1.2MM in equity in Florida real
(3 comments)
|
private money: Commercial Finance - 05/28/08 09:50 AM
Leverage Remington's Expertise and Market Knowledge to Make Your Project a Success
Remington's expert Advisory Services help clients carefully evaluate and restructure transactions that may have existing financing challenges. Our team develops advanced strategies to create new and alternative financing opportunities that can help supplement or replace conventional lending sources.
By
(0 comments)
|
private money: Reg-D Funding? Is it worth it? - 05/25/08 09:38 AM
I was asked the other day how we structured our Reg-D funding(also called a PPM or Private Placement Memorandum). It's a term you don't hear very often I admit. But if you've got a sweet deal and you can prove it, it's a great way to secure a lot of capital.
(0 comments)
|
private money: Get Equity / JV Financing... - 05/16/08 12:10 AM
Get Equity / JV Financing... Developers need JV Partners or paid in capital. Let me help you.
Outside the box financing on commercial, construction, acquisition & development projects from $1M - $500M and Standby letters of Credit, direct to providers for Proof of Funds/Balance Sheet Enhancements from $250k-$500 Million.
Good
(0 comments)
|
private money: Credit Crunch - There Are Many More Options - 05/01/08 01:01 PM
This real estate market has been tough on many investor's credit history. Investor's that walked away from a bad investment or upside down on a property will have their credit ruined for many years. Now these investors would like to either buy more property or find a new residence but their credit
(1 comments)
|
private money: Private Financing Opportunities Available Now– Use your Savings, or your IRA to invest at rates of 10%-12% today. - 04/10/08 12:35 PM
As the changes within the mortgage industry continue, we see an increased opportunity for private investors to lend on real estate deals. We are looking for individuals who want to earn a higher return on their current savings or IRA funds. WE HAVE DEALS RIGHT NOW, READY TO BE FUNDED. All of
(2 comments)
|
private money: Professional Project Funding Services---Environmental-Energy-Green-Humanitarian - 04/08/08 04:27 PM
Our firm helps environmental, socially-redeemable and humanitarian projects find funding. We focus on the 100M USD + range and have excellent resources, please contact us if you are seeking funding in for such projects.We work with projects with the following parameters: * 100M USD+, up to 500B * International Projects
(2 comments)
|
private money: Your Commercial Investment and Lending Source, NATIONWIDE! - 04/01/08 07:38 PM
Hello Active Rain!Just wanted to make sure you were all alerted of our services! Commercial Investment Source is a FULL SERVICE commercial money placement firm. We do all types of commercial lending, from conventional commercial loans, to hard money, private equity, business acquisition, franchise aquisition, capital infusion, capital connection, future sales
(1 comments)
|
private money: LOOKING FOR PRIVATE MONEY - 03/13/08 09:27 AM
HELLO ALL I AM LOOKING FOR SOME PRIVATE INVESTORS FOR VARIES PROJECTS. RIGHT NOW I HAVE A CLIENT LOOKING TO INVEST GOODWILL MONEY IN A NEW RESTAURANT CONCEPT THEY ARE OPENING IN WELLINGTON FL. THIS GROUP HAS MANY YEARS OF EXPERIENCE IN THE RESTAURANT BUSINESS. I HAVE A FULL BUSINESS PLAN
(0 comments)
|
private money: Hard Money Lending 101 - 03/02/08 04:34 PM
The term "Hard Money" generally refers to private short term loans (6-24 months) with individuals as opposed to institutional or bank loans, which usually have more stringent underwriting guidelines, for both the type of property used as collateral and the credit worthiness of the borrower. Typically an investor will us a Hard Money Lender
(2 comments)
|
private money: Hard money and who uses it. And should you offer it? - 02/08/08 04:42 PM
The name does not make this an inviting loan product but the fact is this is a very useful loan under the right situation. Investors use it all the time. That fact is it's a great product to offer. It also can be a complicated one due to it's fast pace demands,
(0 comments)
|
private money: Hard Money Solutions For Commercial and Construction Transactions - 02/06/08 12:42 AM
Commercial properties financed with hard money are increasingly becoming a viable option to that of institutional money. Some of the reasons for this include institutions wanting fully amortized payments and/or amortizing these payments over a shorter time frame than the traditional 30 years. Additionally, for acquisition of commercial property, the main
(0 comments)
|
private money: Hard Money in Minnesota & Wisconsin - 02/05/08 09:12 AM
Hard Money With home prices and interest rates down there are a lot of people looking for Hard Money. What I have seen the most of is residential rehab hard money requests. It seems with all the bank foreclosures many investors are buying up properties. How Residential Hard Money Works: Property and Rehab costs
(2 comments)
|
private money: A Busy Week - 02/01/08 06:59 PM
The week has been a whirlwind. I worked on sending out two applications and worked on sending out a loan closing package. The process here is streamlined but there are a lot of T's to cross and i's to dot. The loan was very complex with many moving pieces and a somewhat
(0 comments)
|
private money: Think Detroit! - 01/26/08 10:15 PM
Looking for the deals for real estate investments, think Detroit. Where else can you purchase a property for less than a used car? If you know what you're buying, and have an agent looking in the right places you can buy for under $20,000, put about $10,000 into repairs and have
(0 comments)
|
private money: We offer Funding for Green, Humanitarian and Enviornmental and Energy Projects. - 01/24/08 12:41 PM
(0 comments)
|
private money: Broken Priority: When "Free and Clear" Isn't Good Enough for the Bank - 01/20/08 06:55 AM
The retired couple sitting in my office were incredulous. They had: photos, architect drawn plans, and aloan denial letter from a local bank."We own the property free and clear," said the husband. "We bought it as is, and we also bought the rights to the plans." He was a builder from out of state who knew
(32 comments)
|
private money: New commercial loan programs - 01/18/08 02:06 PM
Commercial loan Programs We offer a variety of programs to meet your specific needs. Our Loan amounts range from $100,000 to $10,000,000 on most conventional products, with up to $100,000,000 available from our Private Equity lenders. We have Stated and Standard documentation programs with low credit requirements and unique underwriting guidelines to
(0 comments)
|
private money: Hard Money to Loan on Investment - Commercial - Business properties - 12/03/07 11:19 AM
(1 comments)
|
private money: Private Money (COMMERCIAL REAL ESTATE) - 11/29/07 08:48 AM
We Provide Hard Money Financing for Commercial, Non-owner Occupied Properties and some Residential Properties!What is Hard Money: A hard money loan is a specific type of financing in which a borrower receives funds based on the value of a specific parcel of real estate. Hard money loans are typically issued at
(0 comments)
|
private money: Do I dare tell my clients? - 08/03/07 11:30 AM
Do I dare tell my clients about private rehab money? The moderately priced (nice verbiage, I know!) residential properties our clients purchase are often bought at a discount due to the need for repairs, foreclosure, bailouts and so on. The objective of our clients is either "Buy to Hold" for their own portfolios
(0 comments)
|
private money: Hard Money Residental, Agricultural & Commercial Loans - No FICO Needed - 07/08/07 09:33 PM
Hard Money Residential, Agricultural & Commercial Loans - No FICO Needed Hard Money Residential, Agricultural & Commercial Loans - No FICO Needed. Quick Closing. Foreclosure & Bankruptcy OK. Nationwide. Refinances are based on Appraised Value. Purchases based on Purchase price. I represent a Hard Money private investor. If you have a
(7 comments)
|
private money: Saturday, Building your Business and Raising Private Money - 05/17/07 05:41 AM
FREE BONUSES!! Valued at over $495! Each attendee will receive a complete video and audio package of the seminar, plus a CD ROM Disc containing all the documents to produce to prospects and their advisors establishing the legality of Self Directed Pension Plans investing in Real Estate and other investments, including all
(0 comments)
|
private money: Learn How to Raise Private Money and More! - 05/11/07 05:53 AM
Check this out - http://futurewealthclub.com/currentseminar.htmlThis is going to be AWESOME!May 19th, 2007All day seminar on how to raise private money and build yourbusiness.Raising Private Money- Developing the skills to attract the money- Creating the corporate image- Designing marketing material- Setting up/Implementing marketing plan- Sales letter, telephone scripts- Networking presentation- Learn how
(0 comments)
|
private money: See you tonight! - How to Raise Private Money, Ft Myers, FL - 05/03/07 04:33 AM
Thursday, May 3rd, 2007How to Raise Private Money as a Real Estate Investor Malcolm Doney, Malcolm is a successful and professional wealth creator used to controlling millions of dollars of other people's money by understanding, simplifying and communicating to them all that they need to know to create, protect and continually
(2 comments)
|
private money: FWC - How to Raise Private Money as a Real Estate Investor - Thursday, May 3rd - 05/01/07 05:19 AM
Thursday, May 3rd, 2007How to Raise Private Money as a Real Estate Investor Malcolm Doney, Malcolm is a successful and professional wealth creator used to controlling millions of dollars of other people's money by understanding, simplifying and communicating to them all that they need to know to create, protect and continually
(2 comments)
|
private money: "INVESTMENT CHOICES" - 03/26/07 06:40 PM
DO YOU HAVE CD'S, RETIREMENT ACCOUNTS OR OTHER INVESTMENTS NOT RETURNING ADEQUATE RESULTS? Elizabeth was simply stunned to hear what her banker told her. "I'm sorry Elisabeth, but I can't do any better the 5.350% on those CD's. What was she going to do? Elizabath felt drained to hear her
(0 comments)
|
private money: big boys in the block to save the sub prime crunch lenders - 03/16/07 05:21 PM
Rumors have sprung up that Goldman Sachs is interested in buying Accredited, which helped their stock price yesterday. National City said that it wrote off $11 million stemming from subprime home loans, expects to write off more, and may boost reserves by $50 million because an insurer is rejecting mortgage-related claims.
(0 comments)
|
private money: grim news of foreclosure in the late night news - 03/14/07 09:58 PM
NBC News reported the grim news last night that foreclosures are now 4 times higher than they were in the year 2000, the rate of failures are growing daily and that there's no end in sight. The stock market crashed on worries about all the "bad" news. It's fascinating
(0 comments)
|
private money: is it the demise of the sub prime lenders - 03/04/07 11:54 PM
Subprime mortgages are offered to home buyers who fail to meet the strictest lending standards. Lenders specializing in such loans, like New Century, Country Wide, Indy Mac rely in part on big banks known as warehouse lenders to finance their operations. These backers require that subprime lenders meet certain
(0 comments)
|
private money: Nervousness: sub prime in real trouble - 03/04/07 11:46 PM
Federal bank regulators demanded tougher standards for subprime loans, saying they're worried that borrowers of adjustable-rate mortgages may not understand the risks associated with them. Overall, many market watchers are blaming the complacency that had seeped into markets over the past year, and especially the U.S. market's uninterrupted run higher
(0 comments)
|
private money: san jose foreclosure looming >? who to blame. - 02/26/07 03:43 AM
I have saved a lot of clients who are in the process of foreclosure, or has received NOD. They have been remnants of the boom recently created by the short term low interest rate which the FED gifted to the people. It has been incentive for me in helping them, but the
(1 comments)
|
private money: factor economy plays for real estate - just a thought - 02/26/07 12:56 AM
Real Estate is still bright in the future. It is not really chaotic as been said. The economy is going up, brave new economy is coming out, BRIC (Brazil, Russia, India, and China) is growing double digit. The economy is moving in a fast paced. Here is what I know,
(1 comments)
|
private money: who cares if you miss a mortgage payment ? - 12/25/06 05:08 AM
What happens if you don't make your monthly mortgage payment? In some cases, the original lenders are taking the biggest hits. In typical contracts, mortgage banks agree to buy mortgages back from Wall Street in the case of a payment default within the first 90 days. H&R Block (owner of Option
(2 comments)
|
private money: Utilizing the advantages of hard money to help build up your real estate equity and investment portfolio - 12/23/06 02:27 AM
Real estate investing is one of the most common uses of hard money funds. Real estate investing is a cash intensive financial activity. In order to take advantage of ongoing projects, investors often require more operating capital than conventional banks are prepared to provide on short notice. When conventional financing takes
(1 comments)
|
private money: does a good loan officer really care what rates do? - 12/15/06 03:12 AM
A fool and their money are soon invited everywhere! If a loan officer knew exactly what rates were going to do, would that make a difference in the amount of business that they funded? Many would argue "no", since some believe that market timing takes a back seat to good marketing and
(0 comments)
|
private money: hard money ~ loan - 12/11/06 06:36 PM
Hard Money is a diversification to an already used income stream.Loan Officers don´t use it as much as they could out of some unknown reason? Not quite sure if it´s education of products or fear of telling someone about a 12% rate,The rates are obviously a difficulty to the product but
(5 comments)
|
private money: hard money - 12/11/06 06:34 PM
Hard money is based on equity. Appraisals are looked at with a closer eye than a Subprime/a lender. If the value isn´t there, and your appraiser is pushing value, you will get an appraisal cut. Instead of telling your appraiser what you "need" the value to be, just let your
(2 comments)
|
private money: Hard money doesnt mean stupid money---Hard lenders read: - 12/11/06 06:32 PM
Ive been watching the requests multiply for 'hard' money, and some of them border on the ridiculous. Hard money lenders are not stupid,(well, most of them anyway) and there is usually more at stake for them than a regular wholesale selling off to a big investor. They are driven more by
(0 comments)
|
private money: Realtor, Builder Campaign Tries to Turn Market's Tide - 12/10/06 06:54 AM
Seminar offers optimistic outlook for Jacksonville home market RISMEDIA, December 8, 2006-(MCT)-In the wake of fewer home sales and increasing inventory, local home builders and Realtors are arming themselves with a weapon they hope will help turn the tide in the local market: Information. A seminar on Tuesday held by the
(0 comments)
|
private money: Fannie mae? are they doomed - 12/08/06 02:56 AM
How much do you care about FHLMC & FNMA? An article in yesterday's Wall Street Journal mentions that "home builders and real-estate brokers oppose any effort by the government to shrink Fannie and Freddie, contending that their purchases of mortgages are vital to the housing market. With the housing market
(0 comments)
|
private money: ownit mortgage is gone ~ who is next to come... dooms in the mortgage industry is coming! - 12/07/06 01:38 AM
People doing business with Ownit Mortgage received this notice yesterday: "It is with deep regret that we inform you Ownit Mortgage Solutions will cease operations on December 6, 2006. For the past three years, we have pursued a mission to influence the mortgage industry toward increased affordability options for a
(7 comments)
|
private money: home equity line ~ where are you! - 12/07/06 01:35 AM
For borrowers, opening a home-equity line of credit is no longer a slam dunk for three reasons: the rates are higher than they were three years ago; if prices slip a borrower could owe more than their house is worth, and the cost of construction may actually be greater than
(0 comments)
|
private money: don't be the last to default - 12/05/06 04:02 PM
California home-loan defaults rose to their highest level in four and a half years last quarter as lower sales of houses and condominiums and slowing price gains made it harder for homeowners to sell and pay off mortgages. Banks and other lenders sent 26,705 default notices to California homeowners, more
(0 comments)
|
private money: check this one out ! - 12/05/06 03:58 PM
Good morning! If you find a decent lending niche, and can fill it, that is regarded as a success. Have you ever wanted to loan money to a friend or family member, but wanted to maintain a formal lending relationship? Here ya go! http://www.circlelending.com/ I heard their ad on the
(0 comments)
|
private money: some interesting theory - 12/05/06 03:55 PM
British economist John Maynard Keynes remarked that the stock market is like a beauty contest that was popular in England at the time. A newspaper would print 100 photographs, and people would write in and say which six faces they liked most. Everyone who picked the most popular face was automatically
(0 comments)
|
private money: mortgage trivia - 12/05/06 03:53 PM
HomeSteps is the second largest owner/seller of single family real estate in America. Who are they? Basically a division of Freddie Mac, they are a free-of-charge service available to homebuyers and real estate professionals. http://www.homesteps.com/ Who is the largest? Not Century 21, or ERA, but HUD, the government department basically
(0 comments)
|
private money: ever bought an REO property - 12/04/06 08:06 AM
Lenders refer to foreclosed homes as REO, short for "real-estate owned", and they try to sell REO homes as quickly as possible to minimize holding costs. In the first half of 2006, REO properties accounted for 3.1% of all U.S. home sales, up from 2.4% two years earlier. Are there
(1 comments)
|
private money: venturing in JV partnership with a real estate equity firm. - 12/04/06 03:45 AM
Getting your hands tied in JV Partnership>? with a real estate equity firm. Check this out first. Real estate investment and advisory company that provides strategic real estate counsel and creates real estate investment opportunities for individuals and institutional investors. They evaluate, arrange, structure and finance real estate investments for our own account,
(1 comments)
|
private money: dO i StIlL NeEd HeLp In PoStInG ~ hElP mE eXpErT ! - 12/02/06 08:05 AM
Need Help With A FORCLOSURE??I have been working with the real estate investor who has studied the foreclosure process. We are familiar with the procedure and understand the many ways in which owners can halt the foreclosure and perhaps save their property and equity. It is in our practice to contact owners who
(1 comments)
|