Part 6 of a 6-part series: You Can’t Do it “A Loan”
Other Articles in this Series: Part 1 of a 6-part series: The Very Last Nail Part 2 of a 6-part series: Cover Your Asset Part 3 of a 6-part series: The Foreclosure Process Part [...]
New York Wants to Kill Your Deal
Senate Bill S3060E introduced in the New York state legislature would dramatically increase the transfer tax on fix-and-flip residential property. The New York state legislature is trying to pass a law to dramatically increase the [...]
What You Need to Know About the Centralized Partnership Audit Regime
Fund managers may not be aware of their new role during an IRS audit of companies with partnered members. The new centralized partnership audit regime (CPAR) introduced by the Bipartisan Budget Act (BBA) started with [...]
Driving Development in Texas
Vincent Balagia has kicked Stallion Funding into full gear to provide hard money loans to real estate investors in Austin, Dallas, Houston and San Antonio. Vincent Balagia was 26 years old when he founded Stallion [...]
ABS Appoints New Chief Sales Officer
LONG BEACH, Calif., December 12, 2019 - Applied Business Software, (ABS), the leader in loan origination and loan servicing software, announced today the appointment of AJ Poulin to Chief Sales Officer, (CSO). Poulin began his [...]
Last Call with Paul Jackson: Finding the Silver Lining
In March 2008, our firm closed on a multifamily development site in Uptown Dallas—one of the hottest submarkets for development in the city. The hallmark of our firm’s investment strategy was to acquire value-add real [...]
The “Platformification” of Private Lending
Technology is ushering in a new generation of private lenders armed with the tools to drive growth and achieve scale. Peer-to-peer lending may have exploded with the advent of the internet, but savvy private investors [...]
Member Spotlight | Nema Daghbandan
Go on, we dare you to ask this self-proclaimed "car nut" what his all-time favorite automobile is. You'll enter a world of detail, and if you have a serious interest, can embark on an hours'-long [...]
American Association of Private Lenders Announces New Ownership
Kansas City, Missouri – November 8, 2019 - As of November 5, 2019 ownership of the American Association of Private Lenders (AAPL) was transferred to a new majority owner, Eddie Wilson. Wilson joined the association [...]
6 Exit Strategies for Multifamily Investors
Your borrowers should have an exit strategy from the beginning to prevent problems later. An exit strategy is a plan that an investor uses to liquidate their position in a financial asset. Real estate investors [...]
Look Before You Leap Into Faraway Deals
Assessing the risks of low-rent/high-cap rate investments in out-of-state markets. Many investors, primarily those in California, have investigated purchasing rental property in states they would have previously not considered. The reason? The low capitalization rates [...]
4 Ways a Green New Deal Could Present Opportunity for Private Lenders
The GND can create opportunities for private lenders to make money while playing a role in rebuilding and renewing the country’s vital infrastructure. Suspend disbelief for a moment and imagine the Green New Deal (GND) [...]
CIVIC FINANCIAL SERVICES SURPASSES $3 BILLION IN FUNDING
Institutional private money lender announces funding milestone Redondo Beach, CA, – Civic Financial Services proudly announced today it has surpassed $3 billion in historical loan funding volume to date. The institutional private money lender has [...]
CoreVest American Finance announces acquisition by Redwood Trust
NEW YORK, NY and Irvine, Ca.—October 16, 2019— CoreVest American Finance, LLC (“CoreVest”) has announced that Redwood Trust, Inc. (NYSE: RWT) has purchased CoreVest American Finance Lender LLC, a leading nationwide originator and portfolio manager [...]
5 Types of Loans a Hard Money Lender Won’t Fund
If borrowers give you grief about turning down their application, it's probably because they have these misperceptions about hard money lending. Hard money lenders tend to see just about every type of loan request on [...]
Making the Right Technology Decisions
Integrating your business with technology is key to avoiding disruption of its future. Today’s Landscape: The Risk of Disruption Unlike other industries turned upside down at the hand of technology, private lenders have yet to [...]
Earning Your Team’s Buy-In
Strategies for breaking down barriers that stifle projects, progress and profits. Whether you’re the Big Kahuna or middle management, you wake up every morning knowing the buck stops with you at the crossroad of Leadership [...]
Opportunity Zones: Are They an Opportunity for You?
Opportunity Zones can be a complicated subject for beginner and expert alike. Opportunity Zones—sometimes referred to as OZs—are a hot topic with real estate and investment professionals. They’re a popular discussion for good reason. If [...]
Lender Limelight with Ray Sturm: Popping the Cork on Startups and Entrepreneurship
Ray Sturm’s life and business lessons “In the early days of a company, nothing happens unless you make it happen.” Ray Sturm learned this pillar of entrepreneurship quickly in his career. It was 2009,—years before [...]
GRC Update: New Jersey Passes Licensing Law for Nonbank Servicers
New Jersey is but one state where challenges to private lending are occurring. AAPL’s Government Relations Committee (GRC) is constantly scanning nationwide legislation to review for current changes to the law that could affect private [...]
