by bsmith | Mar 31, 2022 | How I View The World, Mortgages, Real Estate
Regardless of your position on the war in Ukraine, beyond the appalling human destruction and suffering that has occurred, the Ukraine war was lost before it began for all concerned. Regardless of the military outcome, a change has occurred in the world order that...
by bsmith | Jan 8, 2021 | Investments, Mortgages, Private Lending, Real Estate
Private lending is a great tool to maximize real estate returns. Typically you can only finance up to 80% LTV (loan to value) on a rental property with traditional lenders. By adding additional mortgage debt through the use of a second mortgage, it is possible to...
by bsmith | Jan 8, 2021 | Investments, Mortgages, Private Lending, Real Estate
Real estate investors involved in house flipping projects often secure private lending. Perhaps they lack the renovation funds needed to complete the project. Perhaps they enjoy the ease of the private funding process. Private lenders use a “common sense” approach to...
by bsmith | Sep 16, 2020 | Mortgages, Private Lending
People ask me about the type of private mortgage deals we fund and why customers would enter into a private mortgage arrangement over a more traditional bank mortgage. Private lenders lend using a “common sense” approach. Each application is considered based on a...
by bsmith | Jun 2, 2020 | Mortgages
Let’s consider your income, credit, down payment, liabilities, pre-payment options, pre-payment penalties, mortgage restrictions, portability, assumption options, amortization, age, location, rents, and more. Wait, what was your question? Your goal is to obtain the...
by bsmith | May 19, 2020 | Mortgages, Real Estate
You are buying your next house. You ask your realtor what their role is in the process. 9 out of 10 realtors will give you these two standard responses; “My role is to find you a house that meets your requirements and negotiate the best price for you”. (Don’t take my...
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