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lenders - Page 6 - Strategic Real Estate Coach

My Life in Real Estate: Rehabbing Bank Owned Properties, {Case Study Heights Drive Part 2}

Tag: lenders

My Life in Real Estate: Rehabbing Bank Owned Properties, {Case Study Heights Drive Part 2}

I’m back with another installment of “My Life in Real Estate”, this time checking in on one of my most recent rehab projects – 193 Heights Drive. This is part 2 of this case study. Part 1 I recorded 2 months ago and we showed you this house when we first started the project. In […]

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3 Ways To Fund Your HUD Home Purchases

Lately I’ve been telling you about some incredibly easy yet profitable ways to purchase HUD homes for pennies on the dollar. This is a tool that every smart real estate investor should have in their arsenal because it’s a great way to generate consistent profits – there is no shortage of HUD homes to purchase. […]

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What Private Lenders Want to Know

I’ve said it over and over… in order to be a successful real estate investor and build the business you’ve always dreamed of, you need to have access to private money. Sure you can do some quick wholesale deals with no cash of your own and make a small profit, but in order to go […]

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“Know Before You Owe” Proposed

The Consumer Financial Protection Bureau this week unveiled its proposed “Know Before You Owe” form. This short, simple 3-page form will summarize the costs and risks of a loan in three pages. It is designed to make it easier to shop for a mortgage and help avoid costly mistakes. If approved, this form would replace […]

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3 Most Common Questions From Private Lenders

When you’re meeting with prospective private lenders, they will have questions - they want the reassurance that their money is going to be safe. If you’ve done your job, you’ve already educated them about the benefits of investing with you in real estate as opposed to putting their money in stocks, bonds, annuities or CDs. […]

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9 Successful Short Sale Exit Strategies

There’s been a lot of attention in the news over the last year+ about short sales and how they are nearly impossible to do anymore. Well, I’m here to tell you that in my business, short sales are thriving. Short sales always have been, and continue to be, an integral part of my investing strategy. […]

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Lease Options Bring Quick Profits By Matching Buyers & Sellers

Educated, savvy real estate investors have the upper hand in today’s marketplace. Why? Because today’s housing market and economy are still a total mess, but the result is a wealth of opportunity, if you know where to look and how to look. Unfortunately too many investors don’t know where to even begin. They’re using systems […]

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Military Gets House Support on Foreclosure Protection

The House of Representatives voted overwhelmingly to approve broader foreclosure protection for military servicemembers in an amendment to a military spending bill. The amendment will extend a stay against foreclosure from nine months to 12 under the Servicemembers Civil Relief Act (SCRA). The proposed expanded SCRA would encompass disabled vets, spouses of fallen servicemembers and […]

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Which Lenders are the Fastest for Short Sales?

RealtyTrac recently put together a list outlining which lenders/servicers move through the short sale process the fastest and the cheapest. The frontrunners? Freddie Mac, Fannie Mae and FHA have the shortest timelines with 193 days, followed by Ally Financial at 321 days and PNC Financial at 353 days. The short sale timeline being used as […]

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”I’ll Take a Case of Water, A Flat-Screen TV and a Mortgage”

Wholesale clubs truly are becoming one-stop shops for everything you need... giant boxes of cereal, lawn furniture, bulk toiletries, and now… mortgages. After testing for a year, Costco is launching a full-service mortgage lending program on its website, in conjunction with First Choice Bank and 10-other lenders. To date, the lending partners have issued over […]

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