fix and flip: Private Real Estate Lending in Colorado - where we have been!
- 10/31/12 02:48 AM
Since 2006, when we formalized our years of informal lending experience into our loan fund, we have made loans all over our great state of Colorado. It’s really fun and our serious investor borrowers value our insight and ability to understand their complex real estate transactions to fund their deals.
Our loans are always for business, investment, or commercial purpose.
Our loans have been made to Corporations, Trusts, Estates, Limited Liability Companies, Partnerships and, of course, Individuals.
We have made loans secured by Industrial, Office, Retail, Land, Special Use Commercial, Multi-family Residential, Condos and, of course, Single Family … (0 comments)
For fix and flip investors, who take virtually unsalable homes, make them new again for consumers and sell them, the last couple of years has presented a challenging environment. The cartel is withholding properties from the market (hoarding!) and declining to sell them at prices that allow them to be properly rehabilitated for a potential homeowner to purchase.
For rental investors, the market is also difficult. While rental demand is very strong, financing is a challenge and suitable homes are slow to come on the … (0 comments)
fix and flip: The Real Story in the Denver Housing Market: What goes down May stay Flat!
- 03/08/12 09:18 AM
Chapter 1: Dinosaur Roars! We just read in the Dinosaur Post (Denver Post, March 6, 2012) that “Housing sales up, inventory levels down in metro Denver.” In essence, the sources and the writer are painting a rosy picture of home sales in Denver to boost sales in the upcoming Spring and Summer selling season. The Dinosaur Post has become a booster for realtors in the community.
While there are good reasons to buy real estate, low inventory of homes listed for sale hardly proclaims the boom that one source said, “We’ve got a market that’s really moving.” Although, he … (3 comments)
fix and flip: How to Succeed with Offers on Bank/Asset Manager Properties
- 02/10/12 11:11 AM
Frankly, I feel pity for the Asset Managers charged with maintaining, listing and liquidating foreclosed properties. They have a tough job and must do it almost entirely through others' eyes, with no opportunity to jump in their car and check out the property. Additionally, they don't really have any long term business relationships in your market, which go a long way toward smoothing out the relationships during the process. We don't deal directly with these folks(even though our qualification letters invite any one and everyone to call us with questions they may have about our loan), since our borrowers are negotiating through … (4 comments)
fix and flip: A Few thoughts about Fix and Flip Investors' Best Practices
- 02/07/12 03:58 PM
Among other areas we finance business people doing fix and flips. This is a savvy crowd, operating in a constantly changing market. Here are a few of what I consider "best practices" among fix and flip investors: They envision how their fixed up house will show (and know exactly what it will cost), before they buy it. They follow a ruthless discipline of knowing what a house is worth to them. They know they will not retire on one or two flips, but they will retire on one or two flips per month. When the house hits the market, lot's of … (6 comments)
Since 2006, when we formalized our years of informal lending experience into our loan fund, we have made loans all over our great state of Colorado. It’s really fun and our serious investor borrowers value our insight and ability to understand their complex real estate transactions to fund their deals.
;)
;)
