Rapid Real Estate Investing Results

While commercial and residential real estate were certainly much worse off two years ago, we still have a VERY long way to go before we can say that real estate is recovered.

The one place that real estate seems to be doing better right now is in the first time home buyer area.

This is a market that certainly is in better shape.  I think that many people in their second or third homes have decided that they are just going to stay put for now unless they are moving due to a job change.

So, my recommendation if you are thinking of getting into real estate or  kicking your business up a gear, is to focus on the first time home buyer or first time home renter market.

These are the homes that are priced below the median value for the neighborhood.

Focus on 3 bedroom homes, pref with at least 1.5 bathrooms.

As far as commercial and multi-family markets, they still have a way to go as well and I believe that they will suffer for several more years.

Multi-family properties will likely recover faster than the rest of the commercial sector.

If you are a multi-family or commercial owner and have issues with your current financing,  comment on this post.

I won’t publish it if you don’t want me to.

I can help with your commercial and multi-family real estate capital structure and specialize in commercial loan modifications.

Technorati Tags: commercial real estate funding, real estate funding

I haven’t posted in a while because I’ve been lining up several new loan funding sources for commercial and multi-family loans.

I am pleased to announce that I now have several options for you if you are in the commercial or multi-family real estate market.

I can even help you if your loan is currently under water or even being called due.

Yes, that’s right, my team can help you get out of a loan that is underwater and get a new loan in place or maybe even purchase the property from you if you just want out.

If  you are looking for a new loan, or to refinance or pay off your current lender with a negotiated amount, we will need the following information.  Then I will setup a call with my team to discuss your options.

There are NO upfront fees!!

1) Is this a Purchase or Refi
2) Current NOI:
3) Current Debt:
4) Current Value:
5)Loan Amount Requested:

Contact Marshall at 513-310-8456 or go to my other site for a free report on how to get your loan approved.

http://getcommercialfundinghelp.com/index.html

Contact me today to discuss your loan options at 513-310-8456.

Technorati Tags: commercial loans, real estate financing, real estate investing

After getting beat up by traditional lenders, I started searching for alternative lending sources.  Hard Money, Private lenders, and bridge lenders.
I had many colleagues having the same issue with traditional lenders.
Since this is such a common issue right now, I developed strong relationships with a couple of preferred hedge funds to help get deals done.

You must be careful who you deal with in this market of “Alternative Lending”.  You need to be sure whomever you work with is not out to just get an upfront fee.
Additionally, you need to find out where the capital is coming from and you want to make sure that lender has the capital on hand, not just “committed capital.”  These types of loans are scrutinized heavily and there is much due diligence that goes on for a commercial property.
You should also perform your own due diligence on your potential lender, the good one’s will expect that and will be more than happy to prove it to you.

Think about this, if you let your EMD go hard, you better be sure that the lender you are working with can actually fund your deal.  Once that EMD goes hard, you are going to lose it if your lender can’t come to the table with the capital.  How would you like to lose a 250K earnest money deposit because you didn’t do your own due diligence on your lender?

Here are two quick points that you can do once you have an agreement from your lender that they will do the deal.

* References – Ask for references of recent deals similar to yours that they have successfully funded… make sure they are recent.
* Proof of Funds – Ask for a proof of funds letter.  Most frequently, this should be on the lender attorney’s letterhead.

Those two steps will save you a bunch of heartache.  There are other ways to vet out your lender, but these two are the most important steps.

I am now sourcing deals for several hedge fund lenders that focus on commercial real estate backed bridge loans.
If you have a project that you need funding for and have been turned down by traditional lenders or just know that they will never fund it and you don’t want to waste your time, I would be happy to discuss your deal and see what program it may fit into.

Even if you have a deal that may be able to be funded by a traditional lender, bridge capital may be your best option if you need to get a great deal on a distressed property.

Traditional lenders take typically 90-180 days or more to fund a commercial deal.  Contrast that with a bridge loan which can be closed in less than 30 days.

If you were a seller, would you rather get your money in 30 days or 180?  Many lenders for REO properties can not wait that long for a property to come off their books.

With this in mind, whom do you think is going to get the best price on an asset, someone with quick close bridge capital or someone with a traditional lender that will have to wait to get funded?

Some borrowers that have been offered principal reductions on their current loan can not even go to a traditional bank.  If the FDIC has the loan from a failed institution, they may require that they be taken out by a Non-FDIC insured institution.  This is another area where a bridge lender excels.

Once you have taken down the asset with bridge capital and the property is stabilized, then you can refinance into agency paper for a better rate and longer terms.

The bridge lenders I work with do NOT charge upfront fees.
I have a capabilities presentation you can review.
They will provide the proof you need to vet them out.

Leave me a comment here to discuss your commercial loan request or download your report at the link below and then get in touch with me.

Marshall

http://GetCommercialFundingHelp.com/bizloan/

You need to know this information on how to vet out your real estate lender.

Technorati Tags: commercial real estate, funding solutions, real estate financing, real estate investing

I put together a list of everything we will need to get your funding request approved for a commercial bridge loan.

For the fastest review of your funding request, be prepared to provide the following documentation:  (After initial review we will need additional documentation for verification, but this will allow us to get started)

_______Executive Summary for the project or funding request.

_______Existing mortgage loan information

_______Personal financial statement and schedule of real estate owned for each principal borrower (Anyone with 20%+ Ownership

_______Past Two Years Financial Statements for the property certified by your CPA

_______Interim Financial Statements for property or business certified by your CPA

_______Current Rent Roll certified by sponsor

_______List of capital improvements performed within the last two years (include dollar amount and completion date) certified by sponsor

If you would like a more detailed plan of how to get your loan request approved, check out our free report at this link.

http://GetCommercialFundingHelp.com

Technorati Tags: commercial real estate, commerical real estate investing, funding solutions, real estate investing

While our U.S. Government may be misguided in some of it’s programs and re-distributing the wealth ideas, some of the programs still make enough sense to pursue them.

Many big time commercial real estate investors have used government grants and loans to build ENORMOUS commercial real estate empires.

If you would like to hear about some of these programs and what YOU might be able to do with them, enter your e-mail in the form below to subscribe to my free “Government Grants and Funding Solutions” newsletter.

Over the next several weeks, I’m going to be gauging how much interest we have. Once I know that, we will finalize the schedule for a private, free webinar with THE top Government Grant getting expert I know.

So, make sure you sign up for the newsletter and I will keep you updated on our progress.

P.S. If you don’t sign up, you will likely not be reminded about the webinar once it is scheduled. Then you’ll be sitting around one day thinking, “Man, whatever happened with that government grant webinar I wanted to see”. Come on, you don’t want to miss this!

 

Email:

We respect your email privacy

 

Technorati Tags: government funding, real estate investing

Doug Fath just posted his new “Guaranteed Funding”
video and I wanted to make sure you were one of the
first to see it . . .  There is no opt-in or e-mail address required.

Just go watch the video at my link below.

====>  http://rapidreiresults.com/shfund

This is the video that shows you how to get
Guaranteed Funding for your Student Housing
deals even if you’re credit sucks and you don’t
have any funds . . .

And you’ll never even have to talk to a bank.

====>  http://rapidreiresults.com/shfund

A lot of folks have been asking Doug for this
video, and I really think it’s the best video he’s
EVER made…

====>  http://rapidreiresults.com/shfund

Check it out now and see for yourself…

Marshall

Disclosure: I am an affiliate for Doug’s product.  I fully believe in what he has put together for you and I would NOT be referring you to him if I didn’t think it was a quality product.  Do your own due diligence before purchasing anything from anyone.  With that said, if you decide to purchase training from Doug or anyone else I may refer you to in the future, my company will likely be compensated.  Fair enough?

Technorati Tags: funding solutions, real estate investing, student housing investing

Do you have your own bank setup so you can strike quickly on any deal?

If you are well beyond getting your first few real estate investments under your belt, do you have the funding you need?

Well, what if you could just fund yourself.
What if you could fund yourself and all of the smart deals your friends have as well.

Find out Tuesday night how to get there.
Put your name and e-mail address in below and you will receive further instructions on how to join us.

Technorati Tags: funding solutions, private lenders, private lending, private money, real estate investing

________________________________________
UPDATE: Since we couldn’t do the webinar last Thursday due to the weather, see my next post regarding what is now available.

http://rapidreiresults.com/wordpress/?p=553

This latest post explains how to get the special report on funding commercial real estate deals with hedge funds, both for your own deals and for finding funding for other investors.
________________________________________
Thursday Feb 11th at 9pm eastern time. You MUST register
and I’d do it RIGHT NOW:

Check out this video from Marcus and Millichap president Harry Green where he weighs in on the state of commercial real estate.

Back to our webinar info:

Here’s what you’ll learn:
UPDATE: **************************
Sign up now and get access to the replay webinar.
You will be automatically sent the information to get to the replay, plus the special report will be sent to you.
*********************************

* How to enter the secretive realm of the
hedge funds, to connect them with money making
opportunities right in your neighborhood right now

* How to benefit from the commercial real estate
crash, without investing a dime in buying or selling
properties

* How to find deals with almost no work, so you
simply introduce someone to a private equity
fund or hedge fund and get a guaranteed
commission that can be enormous

* How to find a lender as opposed to yet another broker.
The difference? You’ll have access to the direct
decision-makers on the loans you want funded. And
they’ll have access to private equity and hedge fund
investors because everyone is participating in the
loans, not brokering them to someone else

* How to submit a deal so that there is no further work
required on your part

* A simple “back of the envelope” way to know
that a deal is likely to fly, and when it’s not.

* What makes a good deal or a bad deal

* How to go to networking meetings and find deals
right and left

* How to connect applicants with lenders with a simple
two page form guaranteeing you will get paid, so that
is ALL you have to do, you’re done, and someone else
makes you money while you move on or pursue your hobbies
and spend time with family.

* How to make the big money in “commercial
loan modifications” and “workouts”

Register for the webinar here:

BTW. This training webinar alone is easily worth thousands to a
person who is willing to take the action steps and there MAY not
be ANY replay:

Full Disclosure: While Richard and I are covering a ton of great
stuff on the call, he can’t possibly teach you everything you
need to know in a 1-2 hour webinar.
There is an offer at the end to get further training and support
from Richard and his team. If you decide to purchase his program,
my company will be compensated and you’ll be helping me feed the
children (The Moreland Children, 4 with a 5th one on the way .

Get this though, if you decide to purchase the program, I’m going
to include a very special bonus to help you with your online
marketing as well. You’ll be able to apply this bonus to ANY
type of business you are doing online.
Remember though, there is no obligation to purchase anything
and the webinar alone is going to be worth some serious money.

Technorati Tags: Bank negotiation, commercial real estate, government funding, investing education, real estate investing

Hey, did you hear the news?

Unless you get direct updates from the FDIC, you probably haven’t heard this yet. SIX (6) banks went belly up on Friday. That is a total of 15 for the year!! Last year, we only lost 140. Yeah right, ONLY 140. That was a HUGE number. This year is going to be an even bigger year of banks closing. I’ll bet that we see between 200-250 banks get shutdown.

So… WHO do you think is the most motivated seller out there right now? They don’t want you to know it and they put up a great front, but the banks and other lenders are the MOST motivated sellers for today and likely for the next 2-3 years. Why are they so motivated?

It’s simple actually, but not intuitive. The banks are getting hammered by the FDIC right now, so much so, the FDIC can not even keep up with the numbers of banks that they need to close. If the FDIC had the manpower and a way to handle it all, they would likely get it all over with quickly like ripping off a band-aid… but they can NOT handle all of the volume.

The Office of Thrift Supervision is one of the agencies that goes in and examines the banks’ books. If the bank is found to be out of compliance in the number of performing loans to non-performing loans and the amount of cash on hand, they have serious consequences.
So serious in fact, if the deficiencies are not corrected quickly, they come in and close down the bank. That is why you can bank on at least 2-5 banks closing on any given Friday right now.

What’s even worse, to help correct the issue, banks are calling commercial loans due to build up their cash reserves. The strange thing is, they are calling the PERFORMING LOANS due!!! They are then taking significant discounts on even performing loans just to raise cash. The reason the call commercial loans due is because they CAN. It is written into most of the commercial loans out there that the bank can call them due.

So, how can YOU take advantage of this situation?

If not more importantly, how can you HELP in this situation? Well, you and I are not going to fix this problem ourselves, it is just too big. However, there are several ways to help sellers, the banks and your own wallet in this economy. First, you need to arm yourself with the knowledge and the capital to get it done.

Good news!! If you are already dabbling with commercial real estate, or you think you’d like to, there are many ways to get involved. I suggest start small, learn the language and get relationships.
I will be hosting some webinars over the next several weeks to help you in that education process.

Also, if you missed my webinar on Thursday night, go below for the encore call.
You’ll see why once you get a chance to see it.

My guest has a way to accelerate your involvement in commercial real estate by hooking you up with funding straight from Government agencies that MUST lend this money out. In fact, they added an additional $4.5 Billion to this amount in 2009… Tons of it is still available.

If you tried to get on the call Thursday and couldn’t get connected, I would like to apologize. We had an issue with the original webinar link so we had to create a new meeting. A few people e-mailed me to let me know they connected but only saw a blank screen. So, I’m very sorry about the issue. To make up for it, Tuesday night I’m hosting an encore webinar.

Anyway, enter your name and e-mail address below for the replay.

***************************************************
Enter your name and e-mail address here for access to the encore of our webinar on Government Funding Solutions for Investors and Developers. It happens Tuesday, February 23rd at 9:00 PM EST, 6:00 PM PT.

***************************************************

We covered a TON of the questions that everyone sent in during the registration, and some of mine, too.

Of note, Sean went over:
• Low Income Housing Tax Credits
• HUD Programs
• Section 8
• The effect of the economic stimulus bill on us investors
• What the foreclosure bill has done to the market
• How much government money is available to us
• Soft financing programs
• Real live case studies
• And so much more

Full Disclosure: While Sean covered some great content on the call and there is no charge for the webinar, he can’t possibly teach you everything you need to know in a 1 hour webinar. There is an offer at the end to get further training and support from Sean.
If you decide to purchase his program, my company will be compensated and you’ll be helping me feed our children.
Just need to let you know that.

Technorati Tags: Bank negotiation, funding solutions, government funding, real estate, real estate financing, real estate investing

Guest article written by: Sean Carpenter

Foreclosures, Foreclosures, Foreclosures. That is a very popular term these days and yet folks are queasy about the investment real estate market.

Where do homeowners go when they lose their house?

Market rate housing or subsidized housing?

Traditionally, people do not have anything upon foreclosure and market rents are staying high in competitive markets. This leaves the affordable market as a great source for former homeowners.

A recent Associated Press Article outlined this crisis but also warned of another pending crisis.

The value of tax credits – what us developers are often given by the government when doing large deals – is worthless.

Keep reading…

“The government knows there is a crisis” and are looking for ways to fix it.

In fact, as I have been saying quite frequently, the Stimulus Bill is actually providing for holders of tax credits through the tax credit exchange program.

This isn’t bad, this is good!

So instead of working your tail off to get the tax credits, then getting your award, you now may not need to seek a investors.

Why? Because they are buying the credits back!

It’s time to figure out what deals are working and how best to get that next deal structured. Look for areas hard hit by foreclosures and see if you can put a larger scale project together.

The tax credits come through and you can either search for an investor or seek government assistance.

Easy enough? Don’t forget your developer fee – yep, that’s cash at closing!

–

Sean Carpenter is the nation’s leading expert on Government Deal Funding for Real Estate Investors and Developers and has spent the last 12 years both consulting and getting funding for his own deals. I hosted a special webinar with Sean a few weeks ago. Currently, I have a replay of the webinar available. On the replay, you will find out about what’s involved in getting funding for your deals courtesy of Uncle Sam.

Enter your name and e-mail address below to reserve your spot for the webinar replay and find out more about what we covered. This is a very hot topic with all of the bail out money being thrown into the economy. The replay is available as soon as you verify your e-mail address. You will be able to watch it right away.

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Material Connection Disclosure: If you click on a link on this website, you may be using an affiliate link. This means I may be compensated if you purchase something from the company on the other end of the link.

Disclaimer: This is not legal advice or even financial advice. The opinions and information here are written to entertain and inform you of my experiences from Real Estate Investing. I can’t possibly know your financial situation or whether you will have the ability, motivation or determination to put forth the effort that is required to put a system or idea in motion to profit from it.

Before embarking on any business venture, you should consult with your financial advisor, accountant, lawyer and other professionals to help you determine if it is a worthwhile venture and to discuss the risks. I make no claims about how much money YOU will make with any of the information shared here on this site or any other website or e-mail that I may send you.

As in ANY business, your results will vary based on your own knowledge, determination, motivation and financial resources available to you.
____________________________________

Technorati Tags: funding solutions, government funding, investing, investing education, real estate, real estate financing, real estate investing