This year i started my mortgage company (Charity Funding Group) We are California’s first charity lender.We meet new, emerging needs in our communities and our nation.We help sponsor many local and international charities,churches, schools and organizations.We donate 10% of total closing cost to the organization of your choice.We are a small personalized business,based off of strong refferals.My team has been together for 4 years and we close loans in about 2 weeks, which is the fastest i know of in the business. Lately the refferals have been slow.I want to do some advertising, but do not want to waste my money and do not have much capital to advertise with.Does anyone have any good suggestions for inexpensive advertising? If you or anyone you know needs any info. or is interested in refinancing,we have about 75 diff. programs available and work with the top investors in the country.I would love to help,and discuss your options. Please help support my company and what we stand for.

There is a " Term Asset-Backed Securities Loan Facility " whichi is supposed to " get credit flowing more normally again," It is for a trillion in lending for households and businesses, especially commercial real estate which is not doing so well lately

"Under the program, which got off to a slow start in March, the Fed provides loans to investors. They use the money to buy newly issued securities backed by auto and student loans, credit cards, business equipment, commercial real estate and loans guaranteed by the Small Business Administration."

Do you think this will get us out of the recession, or do you think it will get us into deeper trouble?
http://news.yahoo.com/s/ap/20090925/ap_on_bi_ge/us_bernanke

I am looking at buying a 90 unit storage unit facility. It is fenced and does not have power/water to the property. I’ve seen the 2006 & 2007 taxes for the property. They claim the gross income appr. k (both years) They are asking 9k for it. I spoke with my lender. I have to come in w/ 30% for a commercial loan. I’m considering offering 5k, so I would bring ,500k via 1031 exchange. My loan amount would be 7,500. With a loan of 7.3% so payment of 50. So they average k a month. But taxes/insurance/other expense eat up about 0. Do you think it’s worth the hassle for 0 a month? The units are about 15 miles from my house. I currently work a full time job and not sure if I want to take this on. My job is flexible so I could leave during the day to meet people if needed. Any other investors opinion?
I have researched starting from scratch. 1 acre of land (the units sit on 1 acre) is appr. 0-160k, the units to be built are appr. k each (3 buildings) For a total of 5k. The units have the potential at full rental to make k.

I’ve been looking into investing in multi-family/commercial real estate near Cincinnati. I was talking to an old friend of mine about the possibility of no-money-down purchases. He said one deal he has been successful with in the past is where the purchase contract stipulates that you pay a 10% balloon payment due in 2 years, and that serves as the down payment. Have you seen anything similar to this? It seems pretty hard to manage unless you have a young desperate seller. However I would like to know if such easy transactions exist for investors with little to no capital.

we are first time home investors. looking for a good hard money loan lender. with nothing out of our pocket except the closing. we are in calif. we want to get big. so looking for someone to get us started
credit score is approx 678. and we are looking for up to 75% of loan so we are fix it up

I have a start-up business. I haven’t sold or bought anything, due to the fact I don’t have any start-up funds. I have never used a credit card so I have no clue what my credit score is or even if i have one. I need a line of credit of at least 0,000. I don’t have anything to use as collateral except stock in my company. Where can I get a line of credit that my business would qualify for? And yes I do have a business plan.
My business plan has down a Line of Credit as the source of start-up funds and/or investors i.e. selling shares of the company. But regardless I need at least 0,000 to start it up.
I live in Idaho. Hopefully that covers enough informationwithout me having to make to many "Add details" hehe.

I sent K to McGee Investment Group in NC last March 2008 to invest on an East Plaza Development project in Kansas City, MO.

Here is what happened -

1.) McGee received my K
2.) McGee said he gave the K to the builder of the property in MO. (The plan was for me to receive 00/mo for two years plus the principle investment of K at the end of two years.)
3.) Two months later, Thomas McGee said there was a problem with the builder in MO.
4.) I sent numerous emails (for weeks) requesting information about the reason they had a problem in details.
5.) Finally, Thomas McGee said he had a private holding company (He will not tell me the name of the holding company) to buy me (investors of East Plaza development) out. He said he got the report from the holding company.
6.) Without any solid information or report, Thomas said the holding company offered me K to buy me out plus K at the end of two years after the project is completed in MO.
7.) I waited for months and sent emails and emails requesting him to send us the report. He gave me some bullshit stories like "My computer crashed", "I completely forgot", and "The report was sent" and I never got any report and the later he said "it must be lost in the PO".
8.) Finally, we had enough and demanded K to be sent back to us. He said he would do that.
9.) Thomas changed stories like "due to the bad economy, we have to close all my properties in order to pay all of my investors including you"
10) This month (Nov), he said he has been sending checks and transferred funds to my investors all week and let me see where we stopped today where you money is located"
11.) I told him "I can have to talk to my attorney about this and he said "he would be welcomed to have your attorney to talk to my legal council about this".

This whole thing forced me to work second job to pay for the K loan. I had a difficult finding attorney who will take action against them in NC from Dallas where I live.

Any advice what I need to do first? We REALLY need the K back!

Thank you!

Also how would I GET A PRIVATE investor to loan me money for property? It would never be a good deal for the investors would it? Say you take where I live if you spent 1 million you could buy a 10 room apartment complex and if you rented it it would generate about 5,000 a month. Now pretend I wanted an investor to get me the million to build them and let's say I own the property but am just paying for the building. Pretend I gave him 4 thousand of the five for say 10 years that's 480,000 dollars return so far but let's also say after that 10 years the security he bought turns into equity but it is still only worth 500,000 since half so the investor wouldn't get any return DETAILS DETAILS

I manage a group of investors that invest in many different types of venture..we are looking at RE and I am not sure if I should get my RE license. Many says that there are too much restrictions and find yourself not in compliance..I NEED some ANSWERS Quick…Also..can I do mortgage loan without an RE license?