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Real Estate Investing

3 Things I Look For In a Lender

by Ken Corsini | November 30, 2011
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There are many lenders around the country who have the ability to underwrite loans for investors. However, I have found that most lenders who attempt investment loans get tripped up along the way and are unable to close these loans.  Having coordinated hundreds of loans over the last several years, I have learned how to [...]

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Financing Real Estate

If You Can’t Find Real Estate Financing, Find a Partner.

by Ken Corsini | September 21, 2011
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With lender guidelines continually tightening, investor financing has become more difficult than ever to obtain. Investors that I worked with even a year ago to acquire investment properties with conventional financing are having trouble getting approved for a loan in the current lending environment. Whether it’s a borrowers borderline debt to income ratio, credit score, [...]

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Financing Real Estate

5 Things Private Money Lenders Want to Know Before Investing With You!

by Spencer Cullor | September 6, 2011

If you’ve been investing in real estate for a while, chances are you have considered using private money lenders (investors) to grow your business. Most people fail when reaching out to potential investors because they don’t answer the five critical questions that every private lender must have answered before investing with you (even if they [...]

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Real Estate Investing

Private Money: When 18% is Less than 12%

by Marty Boardman | September 1, 2011

I was never late.  I always paid my bills on time.  The mortgage.  The credit card.  The car payment.  Electric, water, phone and cable – like clockwork every month.  Heck, I even paid for magazine subscriptions 3 months prior to expiration. Then suddenly, in August of 2007, there was too much month and not enough [...]

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Mortgages & Lending

Banks will not lend! What to Do With Balloon Payments

by Kevin Kaczmarek | August 10, 2011

Yesterday was another roller coaster ride on Wall Street and outside of your mutual funds, stock and bonds, what happened yesterday has a major impact on your real estate business. For months now we have been talking about buying and selling properties with seller financing. There was one particular article that now has a greater [...]

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Real Estate Interviews

Getting the Bank to Say Yes! An Interview with Greg Brister

by Joshua Dorkin | July 6, 2011

In our interview with real estate investor, Greg Brister (13:38 minutes), we get into how to deal with your banker in order to get your loan closed. Learn what due diligence you need to do and how to prepare your documents before you walk in the door of the bank. Greg also walks us through [...]

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Real Estate Investing

How I Structure My Lease Option Deals

by Jason Hanson | June 12, 2011

Two weeks ago I mentioned that one of the easiest (and free) ways to get a lease option deal is by calling “for rent” ads in your local newspaper. This week I’m going to share with you how I personally structure my lease option deals to make sure I get paid. First off, remember that [...]

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Real Estate Interviews

Interview with Hard Money Lender & Real Estate Investor: Kevin Amolsch

by Joshua Dorkin | June 7, 2011

Kevin Amolsch is a real estate investor and hard money lender located in the Denver, Colorado area. In our interview with Kevin (26:54 minutes), we get some great tips about topics such as using owner financing, lease options, wholesaling, building a portfolio, the life of a landlord, tenant screening, building wealth, and hard money loans. [...]

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Mortgages & Lending

Green Mortgages: Three Types

by Justin McHood | July 6, 2010

Have you ever heard of a “Green Mortgage”? If not, you may soon. They seem to be gaining steam along with the rest of the “green” movements. In order for a mortgage program to be considered a “green mortgage” program, it simply has to have an incentive that can be added to a regular mortgage [...]

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Real Estate News

The Ten Best in RE.net This Week: July 3, 2010 Edition

by Dean Ouellette | July 3, 2010
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1 ) Times are changing. Fannie and Freddie over the last few years have been lowering the time required before you can get your next mortgage after you have a foreclosure or short sale. Now Fannie Mae Changing Guidelines For Strategic Defaulters which will make it harder if they determine you are a strategic defaulter. [...]

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Real Estate

The Ten Best in RE.net This Week: June 20, 2010 Edition

by Dean Ouellette | June 20, 2010
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1 ) REALTOR, it is such a hot button word for many agents. How many agents are told they cannot use the word the way they are using it such as in website names . . . a lot of them. Realtor -vs- Real Estate Agent. When is it Appropriate to Use the Term Realtor? [...]

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Real Estate News

The Ten Best in RE.net This Week: June 5, 2010 Edition

by Dean Ouellette | June 5, 2010
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1 ) If you are in real estate you have probably done some unique things to try to get some business. I bet you have not seen many more creative ways than this: Desperate or Innovative? Realtor Selling on a Street Corner. If it doesn’t work out he at least will have street begging to fall [...]

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Mortgages & Lending

FHA Rules Changing Faster Then I Change My Underwear

by Peter Giardini | March 18, 2010
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I hope I got your attention?  If you have not been paying attention to the changes the leading mortgage lender in the country is up to, you may want to start paying attention now! A little background:  For many years FHA has served a specific portion the home buying population that could not obtain mortgages [...]

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Foreclosures

One Fifth of Homeowners Underwater

by Charles Feldman | February 10, 2010
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So many homeowners are now underwater (they owe more than the value of their property) Obama may want to offer a federal program to give scuba lessons to everyone! More than one fifth of ALL homeowners were underwater in the last quarter of 2009, according to Zillow.com and reported by BusinessWeek. And, if that weren’t [...]

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Commentary

Walking Away From Your Upside Down Home: The 75% Solution

by Charles Feldman | February 3, 2010
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There has been much debate of late about whether or not it is morally acceptable for homeowners who currently own more for their mortgages than what their homes are actually worth to just walk away from their property, using their “new found” money to pay for a cheaper rental unit, perhaps. Today’s New York Times [...]

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