In the movie “Tomorrow Never Dies,” James Bond says; “You forgot the first rule of mass media, Elliot! GIVE THE PEOPLE WHAT THEY WANT!” Well, knowing what they want is half the battle.

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Both real estate investors and hard money lenders want to reduce risk.  One way for an investor to do that is to create an LLC or Corporation for the specific deal .  This is still an advantage for a borrower who can only obtain investment property financing a private hard money lender because of poor borrower credit . This type of loan can be a NON-recourse loan which means, that you as the investor is not obligated on the loan .

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Both real estate investors and hard money lenders want to reduce risk.  One way for an investor to do that is to create an LLC or Corporation for the specific deal .  This is still an advantage for a borrower who can only obtain investment property financing a private hard money lender because of poor borrower credit . This type of loan can be a NON-recourse loan which means, that you as the investor is not obligated on the loan .

Read the rest of this entry

Both real estate investors and hard money lenders want to reduce risk.  One way for an investor to do that is to create an LLC or Corporation for the specific deal .  This is still an advantage for a borrower who can only obtain investment property financing a private hard money lender because of poor borrower credit . This type of loan can be a NON-recourse loan which means, that you as the investor is not obligated on the loan .

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To refinance a first and second mortgage requires some extra considerations. Depending on your equity, you may find that combining the two mortgages results in a higher interest rate. You may also find that you have to carry PMI with the refinanced mortgage.

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In real estate terms, for sale by owner…that is a major challenge. This may seem like a daunting endeavor, but it is by no means impossible. Although your house has been listed with a Realtor, there have been no new developments. You do not need to listen to a Realtor who tells you that it can’t be done your way if you have your own ideas as to how your home can be better sold…Commission is received when the product is sold. Maybe I should send you a few ideas if you’re ready to sell your house on your own now.

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A number of things likely come to mind when you think of virtual real estate investing. If you are already familiar with real estate investing you may think of short sales, bulk reo investing and virtual real estate investing or you may think of it in terms of real estate portfolios and real estate retirement plans or even hard money lenders. You probably also wonder how these things play out in real estate investors life in the current economy.

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