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How to get a commercial loan
It all starts with a decision to get a commercial loan. Once you decided to get a loan there are 10 steps you need to take before the loan escrow is started. Some of the steps are very short and will take only minutes, some will take days or even weeks based on the size and nature of the loan. 1. Prepare a short executive summary of your commercial loan request. There are hundreds of different types... [Read more]
Hard Money Bible
Mr Smith, a retired home owner who owns his home free and clear, discovered that the house next door is up for sale by a bank as a REO. That same house sold 2 years ago for $548,000. At that time Mr Smith’s pregnant daughter and son in law were eager to buy but could not qualify since they are self employed. The bank who foreclosed on the house is listing it for $275,000 and Mr. Smith would love... [Read more]
The most useless information you ever needed.___ What brand name cookie if stacked one on top of the other, would stretch to the moon and back three times over?
What brand name cookie if stacked one on top of the other, would stretch to the moon and back three times over? Oreo cookies-Oreos were introduced in 1912 by the National Biscuit Company (N.B.C.) and were first sold as the Oreo Biscuit. It became the Oreo Sandwich in 1921, the Oreo Creme Sandwich in 1948, and the Oreo Chocolate Sandwich Cookie in 1974. No one knows for sure how the name Oreo came... [Read more]
For those mortgage brokers who are still in business
Frankly, unless you get enough leads you are doom, especially now when only small portion of the leads are converting to loans. The good news is that finding the right lead you still make good income. Why? because today (and more than ever before) borrowers need to convert equity to cash and or reduce their payments and since many conventional lenders are no longer lending a good broker can be rewarded... [Read more]
How to Get a Bad Credit Mortgage Loan
How to Get a Bad Credit Mortgage Loan 1. Your first goal is to get as many investors as possible to read your loan request. Go to http://www.lendinguniverse.com fill out one free real estate loan request safely and securely. Your Social Security Number is not required. Finish your loan request in 2-3 minutes The website have videos and demonstration on how to best use it. Step2 2.Get your own special... [Read more]
