Military Experience Eligibility for VA Loans How does a retired or active military personnel member qualify for a VA loan based upon their military experience? * An earlier discharge date for a service-connected disability may still qualify you. ** Officers who separated from service after Continue Reading
VA and FHA Mortgages & the Housing Boom (Part 1)
By Rick Tobin The most flexible and easiest qualifying mortgage loan product in America is the VA (US Department of Veteran Affairs) mortgage loan. Between 1944 and 1966, approximately 20% of all single-family homes built or purchased were financed by the VA home loan program for active military or Continue Reading
Wildcat Lending Helps Investors Roar Toward Their Goals With Fast & Easy Funding
The house flipping market seems to be moving faster than ever. Opportunities are plentiful. Though success in getting started or dominating your market is still all about having the funding on tap. Don’t let those deals get away like a herd of gazelles. Let Wildcat Lending put a spring in your step Continue Reading
Getting Prepared for After COVID-19
By David Mashian Thankfully, we now see a light at the end of this tunnel. We all have been self-quarantining, and are eager to get back to “normal” life. It will be a new normal, and things will not be where you left them before the quarantine. Even now the people in China are cautiously and Continue Reading
Interview With Bruce Norris of The Norris Group, Riverside, California
By Christina Suter, FIBI Pasadena I recently spoke with my industry colleague and good friend Bruce Norris about what it took for him to break through from who he was as a young man to the guru he is today. Bruce is an active investor, hard money lender, and real estate educator with over 30 years Continue Reading
Stratton Equities: Hard Money Loans Versus Fix & Flip Loans
New Jersey based mortgage lender, Stratton Equities, reviews Hard Money and Fix & Flip Loans Programs Regardless of the type of investor you are, Stratton Equities (www.strattonequities.com) has an array of loan programs that are designed to meet all your mortgage needs. Our background in real Continue Reading
What’s Triggering Non-Performing Mortgage Loans In 2020
By Fuquan Bilal Deals on non-performing mortgage loans are in high demand. So, with the economy and housing market reportedly so strong, what might trigger mortgage defaults, and give note investors more assets to buy? Being alert to these causes of default can give you the edge to see where Continue Reading
Allowing a Lender to Cross Collateralize Against Additional Property
By Edward Brown There are times when a lender is going to ask for additional [real estate] collateral in order to make a borrower a loan. The most likely scenario for this is when there is not enough equity in the target property. Other scenarios include a borrower with less than stellar credit, Continue Reading
A New Era Of Zero Interest Rates?
By Fuquan Bilal We could soon be in a new era of zero interest rates. What will it mean for investors, the markets and you? Could We Have Negative Interest Rates? The president has been pushing for lower interest rates. We could even potentially see zero rates and even negative interest rates. Continue Reading
Fire Your Real Estate Banker!
By Mark Willis, CFPⓇ Lake Growth Financial Services “A banker is a fellow who will lend you his umbrella when the sun is shining, but wants it back the minute it begins to rain.” -- Mark Twain Ain’t that the truth? As we look ten years back on the Great Recession, we can see how much has changed, Continue Reading
So Many Ways to Buy
By Bruce Kellogg #1 – Cash Purchase This is the simplest method: write a check, wire the funds, etc. But more needs to be known etc. a) The investor needs to calculate their percent cash return on their cash invested in order to compare with other investment opportunities in front of Continue Reading
Why Banks Do Not Lend on Certain Loans that Appear Conservative
By Edward Brown Ever wonder why banks shy away from loans that appear to be relatively conservative? There are numerous reasons banks avoid making loans that, in general, one would think have a high likelihood of paying back. According to a banker who works for a well known bank, during the Continue Reading
