Michel's Blog

The Government Bailout Plan's Impact On Real Estate Investors The past few days my head has been spinning. If you’re like me, then you’ve probably been reading everything you can get your hands on to understand how we went from Treasury Secretary Henry Paulson’s assertion that, “Everything’s unde...

Now that the mortgage market for buying investment real estate is all but dead - investors need to have other sources available or go out business.  Fannie and Freddie will no longer be available for investor mortgages, traditional banks and saving and loans will not touch investors loans for man...

Well in the last several days or weeks the Fed has bailed out the Freddie and Fannie for up to 300 billion - then AIG at 85 billion - now they are talking about buying all the bad debt and may total trillions and today the US Treasury gave the Fed $200 billion wow that is lot money you and I are ...

Looks like it is finally happening - The US Government is taking over Freddie and Fannie and nearly $6 billion in debts. Apparently, Morgan Stanley was about to issue a report says (now hold your breath) that both Freddi and Fannie had over stated assets on their accounting records and have less...

Private money offers many advantages to the real estate investor over traditional mortgage borrowing or hard money loans. When compared to other types of mortgage loans, private money loans provide immediate access to cash; very few restrictions, extra control and low cost for the real estate inv...

Private lending is the practice of borrowing money by a real estate investor to be used to purchase rental real estate directly from private lenders rather than a bank or other commercial lender. Private lenders tend to be ordinary people such as doctors, lawyers, accountants, business owners and...

Finding a private money lender is an essential part of any real estate investor’s business. In the old days (pre 2006) you could easily get a mortgage or even hard money loan simply by showing up in the lenders office and filling out an application. If you could walk and talk you qualified for a ...

I have talked to several people over the weekend and beleive Freddie and Fanie may be natioanlized and brough onto the US taxpayer's bill this week or over the the long labor day weekend - This may turn out to be the largest bailout in human history as the US tax payer is being forced to step up ...

Struggling banks are tightening loans to U.S. businesses. We saw the signs in mid-June and it seems to be getting harder and harder for healthy and growing businesses to get financing. If banks continue on this path of restraining business access to capital and credit, companies cannot grow, expa...

Introduction Private lenders are the single most important persons in your real estate investment business. Why? Well, a couple of years ago, you may have been able to get relatively inexpensive loans from your local bank or saving & loan. But those days are gone as traditional lenders are tighte...