Spotting Tire Kickers - Hard Money Bankers
Wednesday, May 04
Tire kicking is a term in real estate that refers to people that will never do a deal in the industry but are constantly involved in either the education portion or networking side of the business. Tire kickers that are constantly in the education mode usually are not the dangerous kind. These...
What Is A Good Real Estate Deal? - Hard Money Bankers
Tuesday, May 03
A good deal is something every investor should be able to spot easily, right? The truth is, most investors are not able to spot a good deal. I have several clients that I work with that have a sense for good deals and always seem to be onto the ones that are good. I have others that 50% of the...
Money=Time : Hard Money Bankers
Monday, May 02
Money equals time is a very cliche saying in business that is thrown around a lot. Most people say it with a smirk on their face or not really know what it means. Time does in fact equal money so lets look at why. It works for two reasons. The more money you have the more time you can potenti...
Loan Approval In Pennsylvania
Friday, April 29
"Your loan has been approved" is a set of magic words that everyone likes to hear when buying a house. The funny part about getting a loan approval is that banks tend to make it into this large drawn out process that results in a lot of anxiety and anticipation. When evaluating a loan for a loa...
Private Lending Vs Hard Money - Hard Money Bankers
Thursday, April 28
Private lending in Pennsylvania markets is almost the exact same as hard money in Pennsylvania markets. For that matter, I am sure it is the same in any market with a few small differences. Both kinds of lending come from either a private or personal fund. They both have to be able to close qu...
REO Properties In Pennsylvania Are Not Unique - From Hard Money Banker
Wednesday, April 27
REO properties in Pennsylvania are the same as REO properties in South Jersey, Maryland, DC, Northern VA and any other state you can name. People constantly ask me if REO properties are a good source to get their deals from. They think that banks and brokerages will just hand them properties an...