michigan hard money: If you can read, you can cook! - 09/15/11 09:26 AM
My wife's comment has always been, "If you can read, you can cook".  My mistake early on in our marriage was telling her I can't cook, obviously she was well prepared for this.  Honestly, I can cook a few dishes but I work too late to get home in time to make anything before 9pm (that's my excuse for now). But, I do have one dish I made when I was single many years ago and my wife loves it and I can still cook it, because it's so simple. So here you go guys, and we know you can read!
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michigan hard money: Hard Money Investor Expectations - 01/30/10 02:49 AM
If you're looking into buying mortgage secured Hard Money Notes, or any type of Note for that matter make sure you receive as much information as possible.  When buying mortgage Notes you should require all of the information a conventional lender would expect, a recent property appraisal, full loan application (1003 is best), borrowers credit report, income documentation, title insurance commitment or policy, and all of the borrower's loan documentation, ie: Note, mortgage and disclosures.  Make sure you receive assignments for both the Note and the Mortgage, the later must be recorded.  The more information you have the more likely you'll be able to … (0 comments)

michigan hard money: Detroit Hard Money Investment Note that's available for sale, short term bridge-loan 1st mortgage at 15.9%. - 01/24/10 09:08 AM
Metro Mortgage Investments LLC has a new 1st Mortgage Note available for sale.  We are a Michigan licensed mortgage lender, originating, processing, underwriting and selling short term investor bridge-loans on houses in and around Detroit, self-directed IRA's are welcome.  Our latest 1st mortgage Note that's available is $90,000, the house is 5,034 sq. ft., 4 bedrooms, 4.5 baths, 4 car garage, built in 2006 in a gated community and recently appraised for $195,000, that's 46% LTV on the CURRENT VALUE.  Along with our 1st mortgage our borrower brought in $73,000 cash to close on this purchase, middle credit score 700.
Due to … (0 comments)

michigan hard money: Video on Private Hard Money for Real Estate Investors - 09/19/09 02:18 PM
Copy and paste the following link into your browser - http://www.youtube.com/watch?v=HsmIPgWyc4Y
Or, just go to YouTube.com and type "HardMoneyMi" into the search field for several videos on Hard Money for Real Estate Investors, Using a Self-Directed IRA for Investing, How to Price the Rehab Project and Hard Money as an Investment.
Trent Dalrymple
Metro Mortgage Investments LLC
Trent@HardMoneyMi.com
(248) 547-3006
 
 
 
 
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michigan hard money: Banks or Investment Advisors, what they don't want you to know about your IRA! - 09/12/09 10:14 AM
One of the most misunderstood and under-utilized IRA's is the "Self-Directed" IRA.  Here's why: a true self-directed IRA will be one that allows you to purchase Private Mortgages, investment property or invest in private companies.  These are different than the IRA's offered at your bank or investment broker's office that provide the usual stocks, bonds and mutual funds.  Here are a few Self-Directed IRA custodians:
Pensco Trust www.penscotrust.com
Guidant Financial Group www.guidantfinancial.com
Equity Trust Company www.trustetc.com
The Entrust Group www.theentrustgroup.com
Once you decide on your custodian you can roll-over your 401(k) from your previous employer or transfer your current IRA and start making an annual return of 14.9% … (7 comments)

 
Trent Dalrymple (248) 854-0625, Allowing Mortgage Professionals to Lend Nationwide (Home State Bank)

Trent Dalrymple (248) 854-0625

Allowing Mortgage Professionals to Lend Nationwide

Bloomfield Hills, MI

More about me…

Home State Bank

Address: 2535 E Southlake Blvd, Suite 220, Southlake, TX, 76092

Office: (248) 854-0625

Mobile: (248) 854-0625



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