Image from Pixabay By Michael Mikhail, CEO Stratton Equities Real estate investment loans can be tricky and it can be unclear at times which ones are the best. While there are many versions of loans, let’s go to the basics. There’s a time frame that you need to pay for your loan. It can be on Continue Reading
4 Reasons You Should Always Repay Your Loans
By Gabby Darroch If you’ve been with me for a while, you know you are not required to repay your policy loans. And if you’ve ever wondered, “If I don’t have to repay my loans, why should I?” let’s set the record straight. The Caveat In the initial stages of using your policy it’s important to note Continue Reading
VA and FHA Mortgages & the Housing Boom (Part 2)
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
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
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
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
Yield Compression – Why are rates in California for alternative real estate financing declining in a rising interest rate market?
By Edward Brown The Prime Rate has been slowly increasing over the past six months, but real estate financing in the alternative sector in California has actually decreased. Why? Competition between private lending companies in real estate [also known as hard money lenders] has increased Continue Reading
Warning to All Renters: Renting a House Could Cost You A Million Dollars
By Lex Levinrad The Distressed Real Estate Institute has a report called “Warning to All Renters: Renting a House Could Cost You a Million Dollars!” The report was based on the findings of a Distressed Real Estate Institute study that looked at data on thousands of single family homes in South Continue Reading
12 Steps to the Closing Table and the Big Check
By Kathy Kennebrook (The Marketing Magic Lady) Okay, so your property is under contract, you’ve pre-qualified your prospect; they are working with the lender and everything is moving right along, right? Not necessarily. There are several steps to a successful closing and we are going to cover Continue Reading
UNDERSTANDING Lines of Credit
By Dr. Teresa R. Martin, Esq There are many different ways to borrow money. You can go to a bank for various types of loans. You may choose to use pawnshops or payday loans. Credit cards are another idea. You can even borrow money from friends or family. Another option is a line of credit. Continue Reading
