Will New Second Lien Holder Rules Help Short Sales?
Tuesday, February 09
Episode 6 - Changes to HAMP May Mean 2nd Lien Holders are Willing to Play Ball on Short Sales On Friday Bank of America agreed to work with the federal government on their second lien holder plan in the HAMP program. This means that they will start to work with mortgage companies who ho...
Structuring Private Lending
Friday, February 05
The REI MInute - Episode 5 - How to Structure Private Money Deals With the collapse of the mortgage market it is imperative that you look for outside sources to fund your deals. Today show asked a very important question when bringing other people in to finance your deals... "How would yo...
First Time Homebuyer's Tax Credit Extension
Tuesday, February 02
The REI Minute - Episode 4 - 1st Time Homebuyer Tax Credit Extension Last week there was a lot of talk surrounding the idea that congress needs to extend the 1st Time Homebuyer Tax Credit beyone it's April 30th deadline. Everyone from NAR (National Association of Realtors) to economists ...
Getting Paid on Wholesale Deals - Viewer Question Friday
Saturday, January 30
The Real Estate Investing Minute - Episode 3 - Viewer Question Friday Kevin asks, "When wholesaling a property what is the money received considered? Is it a commission or profit? if it is commission would you not be conducting real estate without a license? How do you explain to the bank...
HUD Opens the Foreclosure Flood Gates
Wednesday, January 27
No More 90 Day Seasoning On today's special edition of Wha'ts News we discuss the new HUD temporary lift on 90 day seasoning to finance homes. This is going to be big for real estate investors who buy foreclosed homes and then want to fix and sell them quickly. No more waiting forever to get ...
Short Sale Fraud by Big Banks - TRM 1
Wednesday, January 20
If you are doing short sales then you need to check out this story about big banks allegedly asking for money off of the HUD to get your deals to go through. Isn't it time we all just got along and played by the rules? Big Banks - We want to help you, let us do it!! Links Mentioned on thi...