foreclosure investing: Rates - Debt-Equity inv. - >50% loan apps close - 10/27/12 10:40 AM
Lenders close on majority of mortgages
For the first time this year, lenders actually closed on more mortgage applications than they rejected. Info.
 
 
The new role of flippers in the Housing Economy
Real estate flippers were a prominent feature of the American housing bubble during the first decade of the 21st century. In just a few years, flipping went from being a business opportunity to a lifestyle. Info
 
 
Get into the flipping game at low risk and no hassles
As a debt-equity partner you avoid the vagaries of project management, and avoid the entrepreneurial risks. The basics. … (1 comments)

foreclosure investing: SFD REOs - REO refis - Stock loan - REO X-collateral options - 10/19/12 05:55 AM
Single vs Multi-Family REOs
Apart from market forces, the value of single family homes is a typically not a function of rental value, but things like type, size, age, condition, layout & design, neighborhood, etc.
We invest mostly in 2,3,4 unit properties because the values are mostly a function of cash flow. In a soft resale market (and strong rental market), the risks are lowest, profit margins the best, profit erosion less likely, and losses very unlikely.
Now that the resale market is firming up we have renewed interest in single family dwellings, preferably SFDs that need small rehab, cosmetic work … (0 comments)

foreclosure investing: Project# 6314938 - Mortgage-secured REO investment - 04/29/12 10:44 PM
Here is a current investment summary. As always, a quick response is needed. 
Project term: 4-6 months. Purchase and renovation, 2-family property NJ 07108 Funding requirement is 93% of cost, representing 45% of After Repair Value (ARV) Exit: Refinance Projected annualized ROI: 58.6% Investment, and profit share, and interest, are secured by:
1.     First mortgage; and
2.     Developer company shares (the ownership of the property essentially, avoiding the need for foreclosure in the event of default) 
Download the Investment Summary
 
Let me know right away, if interested. I will send you the information package when available.
 
Review "Safe & Smart REO Investing"
 
 
… (0 comments)

foreclosure investing: REO investments: What's new? - 03/29/12 03:45 AM
Housing markets are picking up a little, and lenders are liquidating more properties.The occurrence of both of these phenomena serves us very well: More opportunities of course, and re-sales of repaired properties become more viable.
The projected ROIs are strong, mostly in the 30-50% range.These returns are achieved with mortgage-secured investments that rarely exceed 60% of the after repair values. Truly amazing! This will not last forever, but for now we remain faced with what I believe are the best (high return/low risk) real estate investment opportunities of a lifetime!
Renting the properties out, followed by a quick refinance remains the … (1 comments)

foreclosure investing: REO investments with limited hands-on involvement - 02/28/12 02:06 AM
REO InvestmentsNobody knows when real estate markets will rebound, but many people are looking to invest. The best opportunities are foreclosures and short sales.  Banks own these properties but don’t want to lend money for buyers to take them off the banks hands.  These are called "REO" properties, are often in need of repair, and can be purchased for 20-50 cents on the dollar.The next question is how to execute the project profitably. REO projects have inherent operational risks and hassles. Have you ever watched a rehab show on TV?  Everything always takes longer and costs more than planned for, and the … (0 comments)

foreclosure investing: Rates at all time low - FHA loan limits - Flip investment/financing - 08/05/11 06:59 AM
I have been advocating mortgage-secured fix and flip investment and financing for over a year. I submit that with unstable stock markets and real estate markets the concept is soundly validated. It is a low risk/high yield way to invest - and to get highly profitable fix and flips done.  My investors and are first mortgage-secured at less than 60% LTV with 20%+ returns on investment. Not a single project is in trouble, and the developers are making their profits. Read up and/or watch the  "Smart Fix and Flip Investing" video (Registration needed). - Paul
Bad news, or good news? Check out the recent bad news. It’s … (0 comments)

foreclosure investing: Market indicators! - FHA limits - Fix-Flip opp - Secrets to getting a mtg - 07/09/11 12:16 PM
Time to jump in, if you have not already? I see many investments with great cash-on-cash returns (there's one below). Good deals are still to be had, but rock bottom buying opportunities are dwindling, low rates, strong rental market, and now also an uptick in sales. The timing is right I think - PReal estate stocks benefit from renewed interestFORBES: Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Dow Jones U.S. Real Estate Index Fund (IYR) where we have detected an approximate $185.3 million dollar inflow - that's a 5.0% … (2 comments)

foreclosure investing: This market's for you! - Self-directed IRAs - 06/11/11 08:00 AM
This market's for you!  Low prices, low interest rates, great cash on cash returns - whether home-buyer or investor, this market's for you!  What's holding us back is groupthink ("it's a bad market, and we all agree on this"), and fear to think outside the box. I provide mortgage financing, and make/manage fix and flip investments. Whether you are a realtor, buyer, investor, or developer, I'm here to assist! /// I believe that where markets are heading should have little to do with investment decisions at this point, but if you're in to  prognosticating you may want to read this for a few opinions.  … (1 comments)

foreclosure investing: For those who have the means to "press forward" - 05/22/11 12:53 AM
In 1843, my favorite magazine, The Economist, said we have "a severe contest between intelligence, which presses forward, and an unworthy, timid ignorance obstructing our progress"
This couldn't be more timely if it were written today - and about our real estate market.  There are a lot of people who are paralyzed with fear when it comes to making real estate investments now, and that's reasonable.  A standard real estate investment can be very risky right now with the instability of housing values. 
But for those who have the means to "press forward" through this and look for ways to still make money in the … (0 comments)