My Experiences and Recommendations as an Investor to help grow your Real Estate Investing business.
I have 5 Free videos for you to watch today as we kick off a BEAUTIFUL day.
These videos will show you how to become a true Transaction Engineer in today’s real estate market.
Go take a look at these 5 Real Estate videos today. They will not be available for free for long.
As you may know, my primary real estate focus for the past year and a half has been on the commercial funding side of the business.
However, I still have a portfolio of SFR houses.
Whenever I get a vacancy, I crank up my marketing in that area and get a ton of potential buyers calling, registering on my website and e-mailing me.
Problem is, I only have 1 or 2 SFRs at a time that I need to fill.
Well, what the heck should I do with all of those other leads, just flush them because they don’t want what I have? No friggin’ way. I find someway to use those leads.
Here is what I do and you can too even if you still haven’t taken the plunge into real estate.
Either way, go check this out below… you might learn something that will change your biz forever.
===> http://rapidreiresults.com/blueprint/
You see, my buddy Zack just made an announcement:
Making money is officially no longer difficult! Not when a raw rookie — a preacher, in fact — does an $8,000 deal with just a cell phone and a couple of local car rides…
…in one single week! And when you see how easy it is, you’ll know it’s something you could do with your eyes shut.
You gotta check out this thing for yourself. It’s an amazing education you can use to make a few quick grand, too!
Just click the link below to get this — and five other fast wealth-building strategies — for free!
===> http://rapidreiresults.com/blueprint/
But there is a catch: (you knew there would be!)
You got to download these strategies now. Because they’re only going to be available for download for a few short days.
Then they’re gone.
So click the link below now, while you still can get them at no charge!
===> http://rapidreiresults.com/blueprint/
Talk soon,
Marshall
P.S. I almost forgot to tell you — these are actual blueprints of the six different strategies Zack uses in his real estate investing every day. And he’s built a million dollar a year business with them! Get these at no cost to you, while you still can:
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:
http://getcommercialfundinghelp.com/index.html
Contact me today to discuss your loan options at 513-310-8456.
For the last couple of days, I’ve been telling you about some free videos about how to “hire” your very own free employees.
The videos are all about how to get free employees for your business.
They were created by my friends, Justin and Dreama Lee.
The response to these videos has been
overwhelming.
http://RapidReiResults.com/employees
People are going nuts, wanting to know how they too can hire their own free employees… whether this is actually legal… and whether it really works.
These questions are all answered in the video they’ve just released today…
http://RapidReiResults.com/GetFreeWorkers
In today’s video, the dynamic duo of free employees present actual case studies…
* Showcasing entrepreneurs who are
succeeding wildly with their own internship programs
* Talking to interns themselves about how they feel about being part of this process (here’s a hint: they love it!)
* And even “pulling back the curtain” on their very own business, showing exactly how interns impact their day-to-day operations.
You’ve got to get your hands on today’s
video. And fortunately for you, just like all the other videos in this series, it’s absolutely free.
http://RapidReiResults.com/getcheaplabor
To Your Success,
Marshall
P.S. What’s the first thing you will have your new free employees do for your business?
DISCLAIMER:
If a product or service is mentioned or referred to in this email, you should assume that we either own it or are promoting it as an affiliate or because of another material relationship/connection.
Now go get your free employees!! 
As entrepreneurs and small business owners, we often have many more things on our plate than we can handle.
I’m sure you have said to yourself, “If I just had an assistant that could take care of THIS”.
In fact, you may have even taken on some employees or have a virtual assistant. You probably still have things that are not getting done.
Important, but not critical tasks. Things that you know would help grow your business but you just don’t have the time to get them done.
You’ve probably debated if it would be worth it to bring on another employee or contract out the work but you might not want to go to the expense.
See, this is where we have all forgotten about something big businesses know and take advantage of.
What if you could take on an extra employee or two but not have to pay them?
That’s right, what if you could get a free employee?
Go check out this video to see how you can get your very own free employee.
No, this is not some scam and it’s not some new government program.
Take a look at what my friend Justin and his wife are doing in their business.
http://RapidReiResults.com/GetFreeWorkers
I’ll admit, when Justin first told me about this, I was thinking no way this is working. I thought he must be hiring virtual assistants from overseas. (You can get some good ones but they still cost money. )
These are Free Employees.
It’s like virtual assistants on Steroids.
Justin said that it definitely was not outsourcing to overseas firms. He told me that these are smart, well educated folks that…
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.
http://GetCommercialFundingHelp.com/bizloan/
You need to know this information on how to vet out your real estate lender.
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
I wonder how Warren Buffett feels about Commercial Real Estate?
According to Bloomberg News, Warren Buffett just predicted we will NOT see a double dip recession in the U.S. economy.
Berkshire Hathaway is up approximately 25% for this year while most companies are still down or only seeing single digit increases in stock prices.
Do you think Buffet’s comments are just him trying to have a “Self-fulfilling prophecy” due to the large stake he has in Wells Fargo or are we really on a solid path to recovery?
One thing is for sure, real estate is still hurting badly, both commercial real estate and residential. Banks are still taking a beating and will be for quite some time. Also, our unemployment numbers are still around 10%. Hardly a recovery if you ask me… but I’m not an economist…
Some banks are still lending though. Also, Fannie and Freddie are apparently doing basically 100% financing again for first time homebuyers. This is very interesting. I wish they’d do that for Commercial Real Estate.
Also, there are a few hedge funds that are lending or purchasing Commercial Real Estate. They are taking advantage of these low prices and you should too. You need a down payment or an equity partner to use them to fund your deal… about 30% down, but they will generally do it if you or your team have experience and if the deal is big enough.
Want to know how to give yourself the best chance of getting your commercial real estate deal or small business loan funded?
Go download my free report on ‘How to Virtually Guarantee Your Commercial Loan Gets Approved”
Make it a GREAT week!
Marshall
P.S. If you have a great commercial property to sell, we might be interested. Looking for Multi-Family, Student housing and Commercial Real Estate Performing Notes. Notice, we are not looking for residential right now.
$3 Million to -$10 Million range. Cap rate of 10-12+ Leave a comment below if you have something and I will contact you with more specifics.
How many free and clear houses would YOU need in order to ride off
into retirement?
The magic number I have always heard was 10 free and clear houses…
Is that number good for you? What’s your number?
So… what is a free and clear property?
Free and clear simply means there is no debt on the property.
So, all of the rent is coming in and going to property taxes,
repairs and then into your pocket.
When most properties only clear a few bills per month when managed
correctly, if you have no mortgage payment
that makes things work much easier.
Could you get there other ways? Well, of course. There are so
many ways to get there it is hard to list them all. However,
housing is a basic need. That’s why affordable housing is such a
strong investment but you MUST buy it right. You can’t pay retail
for ANY investment.
Smart stock traders know this. The smart one’s buy low and sell
high.
The stupid ones buy when prices are getting closer to peak value
and then end up selling on the downside. So, they buy too high and
then they sell too low.
With credit markets being so tight right now, everyone that is
selling is taking a big hit… including the banks. It does NOT
matter what asset class you are interested.
If you have capital, you are in good shape because you can hold on
until pricing recovers AND you can purchase now at deeply
discounted prices.
There are tons of people that MUST Sell in any market. It happens
because life happens. Even in the best of times, there are some
sweet deals made because people don’t want to go through the time
and trouble it takes to improve a property so they can get the most
out of it. So, they take a discounted sale price just so they can be
done with it. Those are the every day deals.
What if you could get a property with no mortgage right NOW?
A friend of mine, that runs a hedge fund focusing on Bulk REO pools
gets those deals all of time.
Would you like a free report that shows you how you can do this?
Click this link for the Bulk REO Secrets Report.
Think of this, how many people buy lottery tickets?
How much do people waste on those lottery tickets?
Well, I have news for you, this real estate market could be YOUR winning lottery ticket.
Heck, maybe you don’t like to learn new things?
Get out of your comfort zone and learn some useful information.
Get in the house giveaway here:
http://rapidreiresults.com/house
What could you do with a house with no mortgage on it?
Flip it quick to pay off some big bills?
Hold onto it for a while and collect the rents?
Hold it for 40 years and use it for retirement?
Hold it for a year or two and trade up later to a bigger, better
property, perhaps a multi-family building?
P.S. I will be hosting a webinar soon to show you how to use your
retirement funds to invest in real estate without getting a penalty
from the IRS. Can you imagine how quick you could build your IRA
if you could flip a few deals in your retirement account…
especially in a Roth IRA.
For now, go check out Susan’s free report on the Secrets of BULK REO Investing
Did you realize there have already been 103 failed banking institutions in the United States this year?
They always happen on Friday… so expect to see a few more tomorrow.
I have been projecting out to the end of the year that we will have at least 180 failed banks for the year.
Is that a high number?
Let’s explore it. Below is a link to the FDIC website where they list all of the failed banks for the past 10 years. It’s a little bit top heavy don’t you think?
http://www.fdic.gov/bank/individual/failed/banklist.html
I will break it down by year because I haven’t done that for a while.
Year – Number of failed banks
2000 – 2
2001 – 4
2002 – 11
2003 – 3
2004 – 4
2005 – 0 (Yes that’s a Zero)
2006 – 0 (Another big goose egg!!)
2007 – 3
2008 – 25 (UH OH!!)
2009 – 140 (YIKES!!!!)
By July 24th in 2009 – We had 64 banks shut down
This year, by July 23rd – We have had 103.
Maybe you think things are slowing down a little now?… They aren’t. You watch.
By the end of 2010, we will have at least 180 failed banks… maybe more. Here is a little more detail about this year’s stats. You will notice that we aren’t slowing down, staying pretty steady if you ask me.
Month – # of bank failures in 2010
Jan – 15 Failed banks
Feb – 7
March – 19
April – 23
May – 14
June – 8
July – 17 (None just prior to the July 4th Holiday and we still have one more Friday to go as I write this)
Do you think the FDIC is concerned about this… or about the perception of the public?
I’m going to tell you that they absolutely are. Do you remember in October 2008 when the FDIC bumped up the FDIC Insured Coverage amount for deposits from $100,000 to a whopping $250,000? That was directly related to consumer sentiment about the stability of our banking system. It was a temporary measure to increase the coverage. They had said at the time this would be lowered back down on Dec. 31 2010 – projecting the crisis would be over by then.
Guess what… they just made it permanent. Well, actually it was made permanent by the “Dodd-Frank Wall Street Reform and Consumer Protection Act” signed on 7/21/2010 by the President, see the press release below.
http://www.fdic.gov/news/news/press/2010/pr10161.html
So, who are these banking institutions that are failing? Well, they are NOT the big banks. You know, the “Too Big To Fail” banks like Bank of America, Citi, Chase, Wells Fargo. Nope, these banks all got their whopping tarp money and are making a TON of money off of zero or nearly zero interest loans from the FED.
The banks that are failing are YOUR neighborhood banks. You know, the one’s with only 2 or up to maybe 10 branches. Those are the majority of the failures. This is all getting swept under the mat on the news. Nobody is even covering it. Why is that? Do you think they are being told to “Pipe Down” about the bank failures?
This would be newsworthy in any other year. For some reason, the news media does not care about it.
Well, I have an idea for you. Go talk to your local bankers and let them know what you do. See if there is a fit for you to help them or some of their clients.
If you are a Realtor, maybe you can help them with their marketing.
If you own a landscaping company, maybe you could help them clean up their REO properties to give them some curb appeal.
Are you a contractor? See if you can do some work on the houses to make them show better on the inside or outside.
If you are out of work, there IS work to be done. I’m totally serious!
Maybe, if the bank won’t pay you upfront, you could do a little profit sharing with them or negotiate with them to get paid when they sell the property.
Or, if you have no work right now, maybe you could use one of these properties as a showcase of your talents. Create a history book of the property, what you did and how it turns out.
What if there was a way that you could not only help your local bank get out of trouble, but also help the local property owner get new funding?
There is a lot of work ahead of us all to get this economy going. Housing is a huge opportunity, but start out slow if you are just getting going.
