The Opportunity of Opportunistic Capital
Make sure your portfolio is ready for the expected wave of foreclosures hits. As a lender, there are few things less desirable than having capital on the sidelines for extended periods of time. Idle capital [...]
No Magic Bullets
Hard work and execution built Constructive Loans. Ben Fertig, president of Constructive Loans, readily admits his entrepreneurial trajectory was not a “rags to riches story.” Though he’s worked with well-capitalized partners, his focus and drive [...]
Connecting Deals and Lenders
These lead-generation resources and tips help lenders and borrowers connect. Private lenders and borrowers looking for deal financing run into a number of challenges trying to find and connect with each other. On the one [...]
Bridge Loan Market is Changing Tides
In the wake of COVID-19, new lending trends are emerging in the bridge loan market. In March, COVID-19 disrupted everyone’s daily life. From curfews and lockdowns to wearing a mask in public, to schools and [...]
Opportunity Continues to Grow in Single-Family Rentals
Residential lenders considering new products to grow their business in 2021 and beyond may find single-family rental an attractive option. By John Beacham The real estate sector is feeling the effects of the pandemic unevenly. [...]
Case Study: Home Remodel “Opens Up” Traditional California Home
A full remodel of a worn-out home in a popular Los Angeles-area neighborhood exceeds expectations, in spite of the pandemic. This traditional home is nestled in the San Fernando Valley region of Los Angeles, with [...]
How the Extension of the Eviction and Foreclosure Moratoriums Will Impact the Rental Housing Industry
The housing market has had to endure a tumultuous journey keeping up with interest rate volatility, revamped credit requirements, and forbearance requests as a result of the COVID-19 pandemic. The executive order signed by Presiden [...]
How to Find Distressed Properties to Invest in Real Estate
The current real estate market has created an ultra-competitive environment for home buyers. No longer are the days when real estate investors could outbid competitors, secure a property, and flip it for an easy profit. [...]
FORECLOSURE SALES HAVE GENERATED $1.2 BILLION IN SURPLUS FUNDS FOR DISTRESSED HOMEOWNERS SINCE 2016 ACCORDING TO AUCTION.COM SELLER STRATEGY REPORT
· Report also shows online auctions reduce REO holding times 52 percent · 71 percent owner-occupancy for resales of third-party foreclosure sales Irvine, Calif. — March 31, 2021 — Auction.com, the nation’s leading distressed real [...]
The Commodization of Private Lending
More consolidation is coming—which coalition of federated solutions is going to lead the way? Is private lending following in the footsteps of the owner-occupied lending market and becoming a commodity? Is the pace accelerating in [...]
Business-Purpose Loans Should Be Exempt from Relief Measures
AAPL opposes foreclosure moratoriums and mandatory forbearance on business-purpose loans. COVID-19 has created some of the most far-reaching impacts our industry has seen. It is no surprise then that governments at all levels took some [...]
Last Call: New and Better
How I’ve worked with others has also defined my career path. I was born in Media, Pennsylvania, a small town outside Philadelphia—Go Eagles! My mom helped me get my first job, which was stocking [...]
How to Evaluate a Private Money Construction Loan
If you look out for the best interest of your investor and do your due diligence, these loans can provide a great return. As the COVID-19 crisis has ravaged many parts of the real estate [...]
Business-Purpose Loans Should Not Be Subject to Mortgage Lender Licensing
AAPL advocates for national business-purpose loan exemption from mortgage licensing. Generally, private lenders in states that require a mortgage lender license to make a business-purpose loan are already licensed, and those in states that do [...]
Recovering Your Investment from Bankrupt Borrowers
Borrowers filing for bankruptcy is normal, but you must have a good plan and a good bankruptcy attorney to help you get the highest recovery in the shortest amount of time. This is the first [...]
Insurance Coverage Guidelines for REO Properties
Make sure your properties are appropriately covered if the expected wave of foreclosures hits. Foreclosures are expected to surge in 2021 because of the pandemic and subsequent financial crisis. Some people believe they may double [...]
Pivoting in the Private Lending Space During a Global Pandemic
How easily can you reposition your business model to weather the bad times? Unprecedented. Pivot. Peloton. Puppies. Quarantine. Zoom. These are just some of the words that have come to embody our current environment. How [...]
The Housing Boom is Just Getting Started
As Q4 2020 wraps, we are in the midst of an absolute housing boom. This is undeniable and beyond that, it’s happening in the middle of a recession. Existing home prices are surging. New home [...]
5 Tips for Vetting Your Hard Money Real Estate Lender
There is a lot of money to be made in the real estate investment business. But while the HGTV celebrities make it look easy, for the rest of us, success is all about putting in [...]
The CFPB Answers to the President Now
What does this mean under a Biden presidency? This is a follow-up to “The Future of the CFPB Is at Stake,” published in the Q2 2020 issue of Private Lender. On June 29, 2020, the [...]
