Eventually, you'll have an investor client who needs to close on a deal ASAP, and needs immediate cash to purchase the property they want. Eventually you'll have a retail client whose financing is rejected during escrow, and just needs a bit more time to be approved for a mortgage. In the meantime, these deals are usually failures and everyone walks away empty-handed.
A solution to these two very common issues is hard money. Many agents overlook this as an option, when they could be using it to expand their client base, … (1 comments)
Rescue deals that would otherwise tank due to financing woes! HARD MONEY MADE EASY – Our 3 CE Credit Class! Hard Money Made Easy shows agents how to: Powerfully leverage Hard Money. Introduce the option of using hard money to your clients Expand your abilities to serve investors Rescue traditional transactions that would otherwise fail due to rejected financing Stand out from other agents, and be bold and powerful; able to serve an expanded, more lucrative client base Source short and long term loans that aren’t available through banks or conventional lenders
I’d like to know YOUR experiences with continuing education. Sure, you’re fulfilling the requirements of your state, but are you truly learning anything valuable? Is there a course you’d like to have available to you, that hasn’t been created yet? I don’t come across very much discussion from agents themselves regarding their continuing education. Please share in the comments!
Tuesday July 15, 2014 12pm-1pm When this valuable seminar is over, you will: Add a hard money lender to your Rolodex of real estate service professionals Introduce hard money to your investor clients Learn the power of leveraging hard money Lunch will be served to all who attend this event in person.
Location: 63 W. Main St., 2nd Fl Mesa, AZ 85201 Bank of America Building, between Center and McDonald
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hard money: The Relationship Between Investors And Hard Money Lending
- 05/01/14 07:06 AM
My company bids at the foreclosure auction on behalf of our clients, and also provides hard money loans to allow those investors with winning bids to pay for those properties within the required time frame. In Arizona, a winning bid must pay an immediate $10,000 deposit, and pay the full remainder by 5pm the next business day. Obviously, this doesn’t allow nearly enough time for obtaining a conventional mortgage, so hard money lenders can provide the required cash in one day to allow the investor the ability to buy and control the property. If there were no hard money … (0 comments)
hard money: Hard Money Loans Create Opportunity!
- 02/07/14 07:27 AM
Somewhere right now there’s a new real estate investor who would like to get in the game of buying property at the public foreclosure auction. This investor knows that if he makes a successful bid, he has to pay $10,000 immediately and the remainder of the full price within 24 hours, and he either doesn’t have it or it represents his full bank roll. He is worried that if he pays cash, he won’t have enough capital left to do necessary repairs t get the house ready to sell. So this causes him to not make a bid and miss … (0 comments)
hard money: RE Agents: What You Need To Know To Work With Investors
- 12/23/13 06:20 AM
If you ask most agents if they are prepared to work with investors, you will probably get a ‘yes’, but that’s probably not very accurate. To be able to work with investors, you have to know what investors want, how to source inventory that is NOT in MLS, and how to source and use hard money.
Investors are looking for property that they can acquire at much less than market value, something you will probably not find in MLS. Many of the investors we deal with want to buy a property, do some repairs, and then sell it quickly. … (4 comments)
NOT WHEN YOU NEED ONE! 
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