Financing and Credit

Does Anyone Know of a No-Seasoned Refiance bank in Houston, TX area?

I am eanestly looking for a bank that will do a cash out no-seasoned refinance based upon the appraised value in Houston, TX. The bank can be in another city as long as they will refinance in and around Houston.

I currently have a lender that will do a no-seasoned refinance rate and term. But this is not working out as well.

Please PM me and I can give you my email address.

Your help will be very appreciated. Thank you,

Support among members

I just attended the workshop in Philadelphia this past weekend. I absolutely loved it but I have severe hardships capped off by a diagnosis of Parkinson's Disease 27 months ago compounding my deteriorated financial situation. I want very much to acquire a diamond package. is there a member in the group that will help me via Hard Money ? We can negotiate a healthy ROI for you through the acquisitions I will make at the Boots On The Ground program
in my town in 3 weeks and of course The Summit in Las Vegas?

Hard Money List - FREE - still...

Many of you may have noticed a previous post in which I offered a hard money lender list of almost 447 lenders. 25 people responded wanting to help. However, for one reason or another most (21 people) were unable to complete their sections in a timely manner. Because of this I hired out the list to ensure it is completed. The list will be done in approximately two weeks.

I will still give the list to you for FREE (You can also purchase it if you want). Here is how:

1) You can give me a bank, that I do not have, that does No-seasoned refinances and refinances off of appraised value in your area. If you have this I will send you a series of questions (easy) that give details about them.

AND

Would I be able to purchase a business property with a VA advance?

I might want to utilize my advance to purchase a pad manufacturing as a backing vehicle. I am utilized and not over leveraged in any method. Considerations please. Much obliged.

7% interest on your money!

What I need: $100-150k

What I have: A mixed use property, worth about $300k, free and clear.

What you'll get: 7% on your money for the next 3 years.

Would love to have someone help us out! Let me know if you'd like to make some money!

This Week’s Short Articles

Homebuilder Sentiment Slips but Still High

February brought an easing of homebuilder enthusiasm with the real estate market. The sentiment indicator dropped slightly in February. However, homebuilder sentiment has been high for several months, and this slippage was from an indicator number of 47 down to 46. The causes are stated to be ongoing uncertainties about job growth and rising costs for building materials.

Home Sales Rise

The National Association of Realtors reports that the sales of previously owned homes rose in January to the second highest level in three years. Sales rose by 0.4 percent in January compared to December to a seasonally adjusted annual rate of 4.92 million units. This was the second highest level since November of 2009.

I Need Hard Money / Private Money Lenders

I'm a real estate investor who lives in Buffalo New York but buys property across the country. So I'm
looking for Hard Money or Private Money Lenders who
aren't concerned with credit or my personal income
just the numbers of the deal.

Please let me know. I believe I could make the
both of us a lot of money.

Thanks for reading !!

Don't have Earnest Money?

Back in the day I got a deal under contract and didn't have any earnest money to put down, but I knew it was a steal and I would make $10K+ easy on an assignment. I ended up going to www.cashcall.com and got a $5K signature loan within 10 hours and ended up assigning the contract a week later for $25K. I have never been a big fan of hard money or loan sharks, but some deals are worth the effort and it sure paid off for me in that case.

Hope this helps,

D

Investors Be Aware of Money Laundering

The crime of money laundering is growing in the U.S. Since laundering money is only profitable when large amounts can change hands in ways not easily traced, these crimes are normally associated with banks and other financial institutions.

However, real estate deals also can involve larger fund transfers, many times in cash. Especially with the high number of foreclosures and investors buying distressed homes for cash, attention should be paid to how money laundering works and is disguised by high dollar transactions.

26 Creative Financing Techniques!

Hi everyone!...What is below is 26 proven techniques to get money for your deals!...Feel free to learn!...

1. Hard Money Loan -
Asset based
None/low qualifying
Similar to bridge loan in that they are short term.
High points, fees and rates
Usually 65-70% loan to value

2.Portfolio loan-
Loan made by smaller banks ie…Credit Unions/Comm. Banks
Does not sell into secondary market they keep in house
Conventional rules need not apply
Loans based on Income/Value of the property not your credit and income

3.Master Loan Commitment-
Negotiate a “Loan Commitment” like of credit with a portfolio lender
Rehabbing, flips and even long-term refi’s from hard or private money
Great for big rehabbers, developers and mortgage brokers

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