Archive for financing
What is Inflation? Great video explaining inflation and exactly what it is…
If you’re like me… you probably have a good idea of what inflation is… … but don’t completely understand it and exactly how it works. This morning I found this awesome video that answers your question, “What is Inflation” and it gives you an entire history of inflation and how we got where we are [...]
Getting financing with poor credit and no money for real estate investing…
Recently a reader sent in a question regarding the age old question that almost all new real estate investors have: How to get financing when you have poor credit and no money? Really, it takes a mind-shift from one paradygm to another. Most people think from the standpoint of lack. Successful people think from the [...]
Purchasing real estate subject-to: Real estate investing technique
One of the best ways to acquire real estate is to purchase subject to the existing financing. This allows you to acquire the property without having to go to the bank and beg for money. Also, motivated sellers are more likely to allow you to take over the existing financing because they just want out [...]
Let’s clear a few things up on the “How to read a mortgage rate sheet” videos
I know its been a little while since our last post here… IT’S BEEN CRAZY AROUND HERE WITH THE LAUNCH OF 3 NEW PRODUCTS IN MY OTHER COMPANY! Anyhow… that’s no excuse… so as soon as these products are off the ground, I’ll be back to devoting a bunch of time into giving you the [...]
How to read a mortgage rate sheet – Video tutorial Part 2
And… here is part two of the “How to Read a Mortgage Rate Sheet” video tutorial. This video starts exactly where the previous video left off. If for somereason you cannot view the video, place a comment on this post and I’ll play a little “tech support” Enjoy… As you can see… a mortgage rate [...]
How to read a mortgage rate sheet – Video tutorial
Hey all… Here’s the first part of the video that I promised. I know that probably less than 5% of borrowers truly know what a rate sheet is and how to read one… so I decided to put together a quick (14 minutes between the two videos) video that walks you through the process. The [...]
How to read a mortgage rate sheet – Be on the lookout…
Hey! I know its been a little while since my last post here… its for a good reason. The company that I am VP for (Settlement Professionals Inc.), is launching several big programs and products in the next 30 days and I am busting my a$$ trying to get this stuff done. In case you [...]
New study results – What lenders need to do to boost business with minority borrowers
As a native Oregonian, I have definitely seen big changes in the demograhics of people who live here and who ultimately end up buying homes here. I know… I’m not living in S. California where the demographic changes have been much more prevalent… but Oregon has seen its share of demographic changes in recent years. [...]
Schumer wants government bail out for those in foreclosure… WHAT?!!
I know this is old news, but I just had to put in my 2 cents. Ol’ Mr. Schumer in New York is trying to bring out the proverbial life raft for borrowers in foreclosure and the subprime banks who are the “victims” of the recent rash of defaults (like the nifty graphic I whipped [...]
The unspoken word: Real estate commission vs. mortgage broker commission
I’ve actually thought about this topic for a long time… but just didn’t really know how to phrase my opinion. I’m friends with many real estate brokers and can understand their side… On the other hand, I was once in the lending industry and know it first hand from that side of the coin as well. [...]
