Entries from March 2009
[ April 13, 2009; 6:30 pm to 8:00 pm. ] On April 13, Jeff Scislow, Attorney at Law Matt Engel and myself with be taking about the New Obama plan “Making Home’s Affordable” program. We will be sharing tips on how to modify your loan, when you should just file bankruptcy and when a shortsale might be appropriate.
If you are interested in attending, please give [...]
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Tags: Upcoming Event
In Mathew 6:19, Jesus states “Stop storing up for yourselves treasures on earth, where moths and rust destroy and where thieves break in and steal. For many, this statement begs the question, should I not be saving for my retirement? In my opinion, this statement is not as much a call to never save again [...]
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Tags: Faith
March 20th, 2009 · 1 Comment
I continue to be impressed at Fannie Mae’s willingness to find creative ways to get more real estate investors into more investment properties in an effort to stimulate our suffering housing market.
Fannie Mae has created a new investment property financing program called Fannie Mae Home Path. This program allows the real estate investor to purchase [...]
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Tags: Bank Facts · Investment Mortgage Financing · Investment Property General · Mortgage Financing · Mortgage Rates
On March 4, the Obama administration released an outline of what they are calling the “The Making Home Affordable Program.” There are two parts to this plan. First, if you are current on your mortgage and have good credit, stable income and your loan is currently back by Fannie Mae or Freddie Mac, you will be [...]
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Tags: Debt Reduction · Loan Modification · Mortgage Financing
One of the biggest questions I get from real estate investors from week to week as an investment property mortgage coach is: Can I pull cash out of my investment property?
I will come back to the answer of this question but first want to give you some back ground on investment property financing as a whole that I feel [...]
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Tags: Bank Facts · Investment Mortgage Financing · Investment Property General · Mortgage Financing
[ March 21, 2009; 12:00 pm to 3:00 pm. ] If you have ever been interested in the great opportunities in North Minneapolis, let us drive you around. This is a rare bus tour where we will drive you around the areas, show you both rehabbed houses and for sale properties. The tour will leave at noon on Saturday, March 21, from nearby Robbinsdale and [...]
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Tags: Upcoming Event