Posted on September 06, 2009 by admin

A key element to being successful in the real estate business is having the ability to fund your deals once you have secured them with a purchase agreement. If you find tons of deals but have no way to fund and close them you are never going to take advantage of your opportunities. You would be like a fisherman without a pole. A golfer without any clubs.

There are many ways to fund real estate deals. You can either buy real estate to hold long term in your portfolio or you can quick-turn houses for fast profits. Whatever you choose to do you are going to have to fund these deals to start the money making process.

Posted on August 27, 2009 by admin

The Federal Deposit Insurance Corp. (FDIC) said Thursday that more lenders ran into financial trouble during the second quarter as the recession continued to saddle banks with soured loans.

The number of troubled banks rose to 416 at the end of June from 305 at the end of March. This is the largest number of banks on its “problem list” since June 30, 1994, when 434 banks were on the list. This brings the total assets at troubled banks to $229.8 million

Posted on August 24, 2009 by admin

As an investor, the idea investment is one that I can buy, sale, and make a modest profit with as minimum hassle as possible. I imagine that this idea is basic with all investors. Yet I don’t understand why more and more investors are not taking advantage of the current market by selling their investment properties with seller financing.

Seller financing is my most preferred exit strategy for homes that I purchase via cash or subject to. Seller financing offers more advantages to the seller and buyer. Not to mention that the current market is full

Posted on August 06, 2009 by admin

Excerpt taken from Taylor Bean & Whitaker Press Release:

TAYLOR BEAN MUST CEASE ALL ORIGINATION OPERATIONS EFFECTIVE IMMEDIATELY
“TAYLOR, BEAN & WHITIKER MORTGAGE CORP. (“TBW”) RECEIVED NOTIFICATION ON AUGUST 4, 2009 FROM THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD), FREDDIE MAC AND GINNIE MAE (THE “AGENCIES”) THAT IT WAS BEING TERMINATED AND/OR SUSPENDED AS AN APPROVED SELLER AND/OR SERVICER FOR EACH OF THOSE RESPECTIVE FEDERAL