Is the future of commercial real estate gloomy for investors? If small business continues to be deprived of working capital and eventually forced to close up shop, what is the future of retail, office, and industrial real estate? It’s been a “feeding frenzy” in commercial real estate.  But ev...

I wanted to continue on this discussion from last week’s post, “Checklist for Fast Closings of Private or Hard Money Loans.” I found a few good items that I wanted to add to this checklist.  In an older article out of the Scotsman Guide, written by John Kutac of Western Capital, some oth...

Most investors who seek private or hard money need it fairly quickly.  Reasons can include: –Other Notes coming due –An unexpected interruption in funding –A quick takedown of real property being offered at a deep discount Or, the worst, a Note being called due by the bank wi...

I have an awful story to share with a good ending.  A developer friend, who I have put deals together for in the past, called me frantically yesterday. With a halfway completed commercial office building, his private banker of over ten years, just told him that the bank would be pulling his line of...

“..Be fearful when others are greedy and to be greedy only when others are fearful.” Warren Buffett. Blake Reese -told me this quote and now it is one of my favorites.  With so much fear in the market, placed in every nook and cranny by the media, its easy to forget that now is the time...

I learned a very valuable principle at a meeting I attended last week. It was an “ah-hah” moment for me when I heard it and thought it worthy of sharing with you. Whenever we meet anyone or talk with anyone we are talking to the entire network of individuals that that person knows. Each ...

I can’t tell you how many horror stories I’ve had to listen to lately where banks are calling Notes due from investors.  Many of these investors are heavily invested, with a ton of cash and time into these deals.  Fortunately, none of this defunct financing I helped put together! But, ...

Are stated income loans a thing of the past? Many people say stated loans are the reason for the current turmoil in the credit markets.  I tend to disagree. I think banks made poor underwriting decisions with stated income loans. I also think stated income loans are a necessary wheel in the economy...