Archive of Brian Brady's Articles

Brian Brady is a 22-year veteran of the financial services industry with the last 15 years in residential lending. He lives in Del Mar, CA, with his wife and daughter, and is active in the National Association of Mortgage Brokers, Knights of Columbus, and Chamber of Commerce.

Brian has written 5 article(s) for the BiggerPockets Blog.


Economy

How Would a U.S. Treasury Default Affect You?

by Brian Brady | February 26, 2010

You gotta be thinking about this…at least I hope you are.  If you’re an investor with any portfolio of substance, the unrest associated with the financial institutions was nothing compared to what the sovereign debt default continuum might bring.  Here’s how I see it playing out: Sovereign debt is going to default en masse. Greece [...]

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Financing Real Estate

IRA Lending Offers Residential Real Estate As Suitable Asset Class

by Brian Brady | February 19, 2010

Q: What’s the problem with residential real estate as a growth asset? A:  It grows slowly. Q:  How might an investor enhance that return? A:  Leverage. Owner-occupied real estate has long been considered a “good investment” for the “average Joe” because it has enjoyed a supply/demand imbalance since World War II.  Applying leverage to that [...]

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Economy

Where Have All The Houses Gone? Can we Fix the Growing Shadow Inventory Problem?

by Brian Brady | February 5, 2010

If you know who Pete Seeger is, you’ll recognize that I’m about to pirate the song he sang about the cyclical nature of war.  Hang in there.  I promise I’ll tie this into real estate investing. Where have all the houses gone? Gone off balance sheet, every one. When will they ever learn? When will [...]

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Mortgages & Lending

FHA 90-Day Flip Rule Suspended: Lenders Hesitant To Change

by Brian Brady | January 29, 2010

If you’re a real estate scavenger, who likes to buy foreclosure properties at a deep discount and “flip” them to retail home buyers, the FHA anti-flipping rule has always been a thorn in your side.  Come Monday, February 1, 2010,  HUD has agreed to suspend that prohibition for a period of 12 months. 123flip.com reports [...]

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Mortgages & Lending

Imprudent Use of Leverage: A Contrarian Opinion

by Brian Brady | January 22, 2010

Contrarians zig while other investors zag.  They hold to the belief that most people receive news too late and act irrationally.  Warren Buffett illustrates the contrarian approach best: A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful. Let’s talk about how mortgages can be applied [...]

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