Dealing With “Balloon” Payments
By Bruce Kellogg “Amortizing” Versus “Balloon” Notes An “amortizing” note is one where the principal amount is paid off over the term of the loan. A “balloon” note is one where the payments are not sufficient to retire the debt, and an outstanding balance is due at maturity. What Is The Problem? The problem arises […]
Yield Compression – Why are rates in California for alternative real estate financing declining in a rising interest rate market?
By Edward Brown The Prime Rate has been slowly increasing over the past six months, but real estate financing in the alternative sector in California has actually decreased. Why? Competition between private lending companies in real estate [also known as hard money lenders] has increased over the past five years. This has led to […]
Is the Secrecy of a Land Trust Lawful?
By Randy Hughes, Mr. Land Trust Land Trusts have been used in the United States for over 100 years, primarily for privacy of ownership. Many people, for various reasons, want to own real estate without public knowledge. Perhaps they are a celebrity, politician (President Obama owns his house in the Chicago suburbs in a land […]
Free Money….. No, Really! It’s True!
By Reggie Brooks Our Government makes hundreds of different programs available to distribute billions of dollars to us in the form of grants, low interest loans, and subsidies. The money is then appropriated by politicians who are smart enough to know that the best way to keep their jobs is by funneling Government money into […]
Texas Cash Cow Arrest — Beware of Real Estate Fraud
By Kathy Fettke The arrest of a Texas developer, who’s well-known in the real estate industry, is a big reminder to thoroughly vet the people and deals you are working with. Phillip Carter of Frisco is accused of taking $17.5 million dollars from investors for development projects in North Texas but authorities say he used […]
Should You Foreclose After a Charging Order?
By Garrett Sutton The charging order is a key to LLC asset protection. If you are sued in a car wreck and the victim wants to get at your assets, the charging order (n many states, including Wyoming and Nevada) is the victim’s only relief. It provides for a lien on distributions, meaning the victim […]
Underwriting a Loan Transaction where the Borrower is a Family Trust
By Dan Harkey A property owner may choose to hold title to a property by creating a family trust. The “JQSmith” Trust dated February 31, 2020 will become a separate entity similar in nature to any other entity, Corp, LLC, or partnership, but with different rules, regulations, and standards of care. “John Quincy Smith, as […]
Making Money and Understanding Tax Lien Certificates
By Ted Thomas The simplest way to understand tax lien certificates is to realize all real estate is taxed by the county and sometimes the county and municipality. Property taxes are collected to provide many different benefits to citizens of the county, for example property taxes pay for schools, they pay the sheriff’s department, they […]
The Secret Sauce to Managing Your Wealth…Do You Have One?
By Anita Cooper “To say that I was a failed investor is putting it mildly…” Steve Rozenberg, founder of Empire Industries, LLC and full time commercial airline pilot, knows what it’s like to have your property investing aspirations crash and burn. After 911, the airline industry was very shaky…he wasn’t sure he’d have a career […]
Cogo Capital: Still Dishing Out the Dollars to Fund Property Deals
By Tim Houghten Cogo Capital’s founder, Lee Arnold, reveals his unique approach to funding real estate entrepreneurs, and how millions of dollars are being poured into nationwide deals through Cogo Capital. This is Your Moment & Cogo Capital Wants to Fund it Lee Arnold says Cogo is attracting a windfall of new loan requests from […]