Why JP Morgan Chase’s Credit Tightening May Be a Positive
Tuesday, April 14
Just the other day JP Morgan Chase announced their plan to tighten credit by raising certain criteria. The first item was to raise the minimal down payment to 20%. The second was a minimal FICO score of 700 to be approved. This was apparently done to free up staff dealing with a huge surge in ...
Covid-19 & Capital Markets. Why you may not get a commercial loan.
Friday, March 27
Written By: Frank Greco, Managing Director SafeHarbor Investments Anton Mattli, Co-Founder & CEO, Peak Multifamily Funding As real estate investors, we look forward and rely on financial leverage to both acquire assets and boost total return on investment. With the Corona Virus pandemic ra...
Watching Your Local Government Matters
Friday, March 15
At a recent gathering of fellow real estate investors, a Proposed Ordinance that was introduced in the city of Newark, NJ was discussed. Specifically, it is Ordinance 18-0804; Amending Title 18, Chapter 5, Security, Article 1, Housing Guards - Armed Security.The existing Ordinance requires, as I...