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An Apartment Building Refinance can not only increase your cash flow in the short run with today’s favorable rates, but also if done correctly help with your future exit strategy.   Apartment Building Owners can today get Non Recourse Loans that are also assumable in the future.
Eligible Properties: Existing multifamily structures that are at least 3 years old, with market rate, moderate income or subsidized rents.
Commercial Space:  Limited to 20% of net rentable area and 20% of effective gross income
Borrower:  Single asset, special purpose entity, either for profit or non-profit
Loan Amount:  …

The real estate correction in the Arizona investment property market has presented many opportunities for small residential investors, to large commercial investors and developers seeking distressed prices on qualified assets.  
The common denominators in successfully closing distressed opportunities are relationships and having access to capital.  Without access to capital and quality relationships to access distressed opportunities, obtaining profitable assets is very difficult.  Private money lenders are a key component in not only the Arizona real estate investment property market, but all across the country.  
Private money lenders are able to offer the capital necessary to …

It’s easy to confuse private money with hard money for real estate investment purposes, but the truth is they are quite different. There are points however where they are similar though, for instance, it is possible for hard money to originate from a private individual same as private money. This article deals with the differences of the two, though. Let’s start.
Hard money requires points paid immediately on securing the loan. It has high interest rates, is low loan to value, and it draws for any repairs. Hard money is not …

Household grants from $10,000 to $40,000 Available from City for First-time purchasers of  owner-occupied Two-Four Unit Buildings. The City of Chicago has an unusual amount of two and four-unit owner-occupied buildings in the many interesting, livable neighborhoods that offer parks, recreation, ethnic restaurants, and a sense of local community.  Owning a two to four-unit building provides additional income, and allows for future extended family living.
There are many options in the new grant programs. Home purchase assistance is available, reducing down payment and closing costs for first-time buyers who are purchasing …

 
                                                                                                                                       
Private lenders and hard money lenders have fueled our economy while conventional banks still continue to stay on the sidelines for investment property loans. What has become evident is that there is so much demand in the market for private money that it’ a great window of opportunity for investors to particpate and earn high returns.
Investors must be smart in their anaylsis of deals however, for many investors and borrowers the age old adage that real estate values always go up is not necessarily true. While real estate has been …

Multiple Investment Property Loans
The housing bubble and subsequent credit crunch has made underwriters ultra conservative in how they evaluate residential investment property loans.
Are you a borrower that wants to refinance or purchase, but is having trouble because you already have 4 financed properties? If this describes you then take comfort in our new mortgage that allows for up to 10 financed properties. This mortgage will allow for purchase and/or refinancing. Take a look at some key information on this new program:
Financing w/ Multiple (4+) Properties
* Eligible Properties- 1 to 4 …

The real estate investment loan market has under gone a fundamental reset after the economic crash.  Out are the loose underwriting guidelines that helped perpetuate the real estate bubble and in are very conservative conventional underwriting criteria for funding of investment real estate.  Gone are the low money down and highly speculative option arm and stated programs investors where using in years past and are fully documented, 75-80% LTV programs that require solid FICO scores.   The reality is that for loans for investors ( non-owner occupied properties) is that available …

The mortgage fraud report is release quarterly . View the full report here.

The Federal Housing Finance Agency has extended the government’s Home Affordable Refinance Program by 12 months.
HARP’s new end date is June 30, 2011.
Originally known as Making Home Affordable, HARP aims to help homeowners refinance their mortgage who may otherwise be ineligible because of falling home values.
There are 4 basic HARP criteria every borrower must meet:
1. The existing home loan must be guaranteed by Fannie Mae or Freddie Mac.
2. Your home must be a 1- to 4-unit property
3. You must have a …