Feb 27, 2020
Bill shares a story of an investor who bought a property in a flood zone and was unable to get financing.
The story has a fairytale ending that you won't want to miss.
Feb 27, 2020
One of their customers bought in 2012 in Charlotte, NC, and borrowed $600,000+ from Bill and Wendy.
He got the house under contract. He did some renos. The buyer backed out. The borrower was stuck with a house. The prices of nearby houses continued to increase in value.
His loan needed...
Feb 11, 2020
Wendy shares how they started out lending to real estate investors.
Bill talks about how an investor started out borrowing from their fund to buy and sell houses. Then as his portfolio grew and he had a huge nest egg, they took some of that money and put in Bill and Wendy's fund and watch it grow passively.
Now he uses...
Feb 10, 2020
A good investor is someone who educates themselves no matter how much they already know. They make decisions based on numbers rather than emotion. They buy based on profit/or cash flow, not appreciation. They have the best interest of the other party in mind.
They believe in steady plodding and know that plenty of...
Feb 9, 2020
When the listing does not allow FHA financing or want cash only.
That means there are issues a lender will not allow in a loan. Watch out for estate sales, dirt roads, clouded titles/quiet titles, community wells, easements, shared septic systems and mobile homes that have add-on structures. All of these can cause...