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.
Here is a current investment. Please contact me if you have any questions/interest.
2012 housing recovery is real
Both home prices and home sales in September continued at levels higher than last year, according to the RE/MAX National Housing report, a survey of MLS data in 52 metropolitan areas.
Rates near record lows. Home construction up
Freddie Mac Primary Mortgage Market Survey shows fixed mortgage rates edging slightly lower with the 30-year fixed averaging 3.37%, just above its all-time record low of 3.36%, and the average 15-year fixed dipping to a new all-time record low at 2.66%. More
Open for business - Anything 1-4 family:
1. Home loans: Fannie/Freddie/FHA, etc. Info
2. Commercial loans to 65%ltv.
3. Construction and rehab loans: Up to 80% x cost. Info
4. REO funding: Up to 100% x cost. Info
5. REO investments: Low risk, high returns. Info
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