Will Bank Lending Standards Loosen in 2013?
Monday, November 12
 Getting a bank loan these days requires a lot of time and patience. Thirty to ninety day funding windows are the norm, so if you have a need for speed you may be out of luck. As home prices continue to rise, and interest rates remain historically low, many people wonder if banks will loosen thei...
Regulators to Craft New Mortgage Lending Standards by January
Friday, November 09
 As most people in the mortgage lending industry well know, the Dodd-Frank and the Consumer Protection Act have made it even more difficult for consumers to obtain loans by trying to “protect” them. By placing new and expensive regulatory requirements on mortgage lenders, many mortgage companies ...
A Family Team of Real Estate Investors Scores Big in 2012
Thursday, November 08
 About one year ago, we had a young, twenty-something man contact us about our rehab loans for real estate investments. I started asking him questions about his experience level and he told me that he and his parents had been doing real estate investing together. They had completed a handful of s...
Looking for a Safe Place to Park Your Cash? Real Estate Lenders Earn 9% Returns
Wednesday, November 07
 Looking for a low risk place to park your cash and earn a nice return? Rates aren’t moving up anytime soon, and the Fed said it will keep short-term rates near zero until 2014. Savings accounts are paying from 0.2 percent to 1.05 percent.  Money market deposit accounts are paying 1.25 percent wh...
New Banking Standards May Put Community Banks Out of Business
Thursday, November 01
 The new Basel III banking standards will require banks to hold more capital and may devastate local and community banks. Banks are expected to comply by 2019, which means most of them will have to deleverage their balance sheets and revamp their operational standards. For smaller, community bank...
How Are You Financing Your Real Estate Purchases?
Monday, October 29
 With so many cash buyers out there, including hedge funds and foreign buyers, how are you financing your real estate purchases? Are you buying with all cash or do you have a source of financing?  Many real estate investors are using a combination of debt and equity financing to buy real estat...