So I have applied to about 20 scholarships already and plan to continue…but I’ve already been denied by 7 and it’s getting very discouraging. I’ve gotten Trustees Merit Scholarships from three of my schools, but of course…they’re private and the rest is still a bit of a challenge to pay for. My family makes about 90-100,000 a year…and I understand that that might be the biggest problem for me in receiving the scholarships…but my family went from literally rags to riches. When my parents had my brother in 1982, when they were still in Vietnam, my dad couldn’t even eat because he had to feed my mom and my brother. My mom even told me that she went as far as stealing yams from somebody’s field and my brother almost died because of malnutrition. So, our family has come a very, very long way.

Another adversity is that my mom experienced a lot of domestic abuse and we all know it’s because my dad at least got a high school education and she didn’t…so he discriminates her. These reasons are why I want to go to college so bad but I don’t want to have to have my family pay for my education. Majority of my financial aid are loans.

My question is why is it so hard for me to get scholarships otherwise? I have a background a showcase a true desire for a good future, I have a 3.96, did both honors, IB, and Running Start (dual credits), been involved in four school activities and held two leadership positions in them, interned at a commercial real estate firm for 17 months, helped with my family business since I was in 8th grade, and have had my share doing work in the community.

Most of the scholarships I apply for factor in "financial need" in their considerations…but I find it so unfair that a person who tries so hard might walk into college empty handed. I also hate that the adults are always telling me "oh, there’s so much money that goes unwanted every year" or "oh, there are millions of scholarships out there, even scholarships where you’ll be awarded for liking purple" or something which is ridiculous because those statements aren’t true at all. I don’t know anyone my year that has even applied for half as much as I did…seriously.

Does your church have any loans or debts in any way?

I’m noticing a lot of churches are starting to have shortfalls, just like what i was expecting. I’m just trying to figure out how they collapse. Do they fire their pastor because they can’t afford him?

"Foreclosures and delinquencies for congregations are rising, according to companies that specialize in church mortgages."

"Congregants have less money to give, and pastors who stretched to buy property in the boom are struggling to hold onto their churches."

Source:

http://news.yahoo.com/s/ap/20090314/ap_on_bi_ge/rel_banking_on_faith

It is now being considered that an individuals contribution to a religion being tax deductible is an indirect way of the government funding the Religion. When the government disallows the individuals contributions to a religion as being tax deductible and loans dry up will more Churches be closing their doors?

Special favors and contracts to certain companies and private contractors, billions in bailouts to the largest banks and lenders, loans and bailouts to "too big to fail companies," the Federal Reserve which consists of private banks that make private profits from controlling the US money supply, special laws/treaties/agreements that favor corporations (NAFTA, eminent domain, China as the most favored nation, low import tariffs for Chinese products, government subsidized incentives to outsource, etc.)–when will there be a separation of corporation and state?

OK, so my older sister found a few churches for sale in our area- the smaller one at 0,000 and the larger at 0,000 (we like this one better because of more parking space/building size). We would like to turn it into a center for everyone, that will provide lots of free services for the needy, work in conjunction with other not-for-profit organizations in the area, and also be a spiritual (though not specifically religious) center. I think this is a great cause.

While we can get a mortgage and/or loans, our family is certainly not poor- our father (there are three daughters) is a wealthy businessowner. However, we don’t have the money to just point-blank buy it, because our father may not be willing to invest. This is a lot of money. How might we get some help in paying? Possibly community fundraisers? I mean, if we begin an official organization, we can raise money and get donations and partnerships… any other ideas or similar stories? We are in Rochester, NY.

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.

Who owns the property the church stands on? How does your church get paid for? Do the churches get loans from banks? Who builds the churches?

Please all Jehovah’s Witnesses don’t answer this. I have posted a question just for your religion previous to this you can find with this link:

http://answers.yahoo.com/question/index;_ylt=Ape4EqGzymMv0pqkWNvPsGfsy6IX;_ylv=3?qid=20080531060824AAQlyuy

This is for all the other religions.
I have also been calling different churches in this area and talking with the treasury depts. They are very helpful and informative and glad to answer my questions.
Some of the churches have volunteers to help with building or remodeling old buildings. They do contracting with professional builders also. The churches take out loans if needed from banks. All of them have building funds within the church to donate to. None so far have a main office that they get loans from so there haven’t been interest paid to a main office of their religion. Some have pledges like there was mention in some answers here. Not all. Nobody is fully committed to paying a pledge like a personal bill. If they can’t pay, they aren’t going to be sued for the money.

I’m looking forward to more answers here. And thank you for your answers as they are most helpful and informative.

I have a niece who spends more then she makes. Is always in debt. Never saves for retirement. Designers things was only things she use to buy. She has gotten to the point she is going bankrupt. The last time I tried to help was over a year ago. I offered to refinance her mortgage, and pay off her credit cards, and get her up to date on her 2 car payments. It was going to cost 12,000. And her monthly bills would go down by 0. After paying one car payment, of close to 0 she said she did not want to refinance her house, and just wanted the money to pay off her credit cards. Which would only lower her monthly bills buy 0. That is not good financing. I said no. And since then I have not given any more money. Except for a small gift, for birthday, or now Christmas.
The problem now is she is mad at me because even though money is tight, I have given a few hundred to charities this year. And I signed up for 0 to my church to buy a gift for needy kids for christmas. I usually give to kids under 12yrs old and for the older older kids. My niece is mad that I most likely be giving more to a stranger. By the way I have forgiven over ,000 in loans in the last 10yrs

Am I wrong.
I am an uncle not a aunt. But thanks for the support. I get weak every few months and feel guilty. Thanks for making me strong again.

Just watch TV for a couple of minutes and you’ll see how much bull#@&! is said. examples like:
money lenders saying " call us for loans, we don’t care what ur credit is, we trust you". or these medical companies that say university and clinically approved miracle pills. These ads are such bull%$#@. how can the government allow this false advertising to go on. are there not any governing bodies to oversee this? and if so why aren’t they being sued. It seems more like this is not the land of the free, but more like the land of the scam artist. I live out of the country for half the year and its very embarassing when foreigners laugh and make fun of how america is full of scams and people that abuse the system, and you can’t argue back because they’re right.

Let’s start with the facts

(1) I have about 120k in student loan debt from law school and undergrad. I am only paying what I can on this right now, which is about per month, which is only paying off the interest on one of the loans. Please no lectures on the magic/horror of compounding interest.

(2) I graduated from a respectable law school in May of 2008 and passed two state bar exams on the first try.

(3) I applied to hundreds of attorney jobs every year through out law school and after graduation. There really aren’t any jobs out there.

(4) I did get a job though, but it’s probably the lowest paying attorney job in the world at k per year at the least respected firm in the county. It’s sort of out in the sticks, but still close enough for me to drive to everyday. The guy is a terrible lawyer and a werido, but whatever, I need a job. There was supposed to be a bonus every 10 weeks involved, but I figured out on the first day that there will never be a bonus because the bonus is based on collecting payments from the clients, who never pay their bill. The work is family and criminal law, which is not what I set out to do, but it’s ok I guess. I took this job only about 2 months ago and the firm is apparently financially insolvent and can’t always pay all the employees on time, but so far I’ve always been paid.

(5) I’m taking an accounting course at the local community college with an eye toward applying to a business program, maybe an mba.

My question is, should I apply to an mba program? I have little or no business experience because I applied to law school right out of college and I’m worried that even after graduating with an MBA I still won’t be able to find a job and will just be in more student loan debt.

Should I quit working at this firm because it has such a terrible reputation? My current plan is to quit as soon as he can’t pay me, but my alternative to working there would probably be document review, which is a career-killer from what I’ve heard but pays more (/hr or something). Should I keep working at this firm even if he can’t pay me? Jobs are so very scare these days, especially for attorneys in my region.

Should I register, study for, and take another state’s bar exam in the hope that passing that will finally make me attractive enough to another law firm and they will pay me a real salary?

I also have my real estate license. If this joker can’t pay me, should I quit and start selling condos and homes and leasing commercial spaces?

Keep in mind that I’m actively applying for jobs elsewhere. Feel free to ask additional questions.

I would prefer it if someone with a few years of business or legal experience would answer this question.

Dealer Services Corporation says car theft is sanctioned by the Uniform Commercial Code. After being convicted of the conversion of Behyar Fariba’s cars by a San Diego jury in May 2008, DSC filed an appeal.

DSC claims that they had no knowledge of Fariba’s consignment agreement at the time DSC gave loans in 2005. However, DSC ran off with over fifty employees of Automotive Finance Corporation, another floor plan lender, who had just finished making loans.

However, Fariba probably didn’t know that both DSC and their cohorts AFC were both unlicensed as lenders in California at that time. AFC did not obtain a California Finance Lenders License until August 7, 2007. DSC just got their California Finance Lenders License on May 27, 2009. AFC made loans in California for more than eight years before obtaining a license, DSC only waited a short four years.

How can a UCC1 be used like this to steal cars that DSC and AFC don’t have the titles to?

Hi everyone,

I’m a sophomore currently in my spring semester of college. Next year I’m hoping to live off campus with 3 other girls, and my budget is VERY cheap–can’t pay more than 0/month (not including utilities).

My parents are currently paying loans for various expenses and CANNOT afford to finance any part of my rent, meaning they cannot co-sign anything.

Is there a way out of this? Please help, it is much appreciated.

I’m working with a Community Redevelopment Corp (503c), and we’re looking to raise substantial capital (M) to acquire numerous lots in the community (though the city, tax liens, foreclosures, & landlords – community is in blight). This is part of a considerable effort for us to rebuild the community – we’re redeveloping the entire neighborhood and are partnered up with the city (Philly) and building relationships with local investors and businesses to help make this happen. This money will be used to obtain our planned commercial districts. We’re offering a 20% return for this investment – but more importantly, we’re looking for people that are in this with a positive spirit – helping us rebuild homes (vs. driving out residents through gentrification) is better than any profit.

We’ll use the land to support a line of credit for payback & obtain more lots – this land, along with our vision, will be sold to developers

I just don’t know where to start to find this kind of capital
Thank you for the suggestions; we’re exploring those routes (i.e. loans from government (and we have obtained several grants) and institutions (the are helping, but expect us to build our portfolio first) – we’ve come to the general conclusion that the private industry is our best source (i.e. the high interest we’re offering). Any other thoughts?
whoa – might be helpful if I included some details on this.
www.eastparkside.org &
www.parkside-venture-investments.com (this is the site of our marketing and investing support)

A month ago we were able to quote commercial mortgages with excellent credit in the mid 5′s low 6′s, even though treasuries have actually dropped since then, money has gotten much scarcer so banks are charging more to borrowers, simple supply and demand. Rates have actually gone to the mid-high 6s to the low 7s on good credit now. That is what the market is yielding. I know that most of our loans are commercial jumbo, but that the lack of money is going to trickle down and affect the residential lending markets and even though rates and treasuries are going to drop in the future, lending rates are going to go up, again…all about supply and demand.

I came across a commercial lender offering 4% loans it sounds way to good to be true, so I think this is a scam

I just got the Yahoo! Real estate e-mail.
right at the top it states:
"Please do not reply to this message. If you have questions or wish to unsubscribe from this COMMERCIAL email, see the instructions at the bottom of this message."

I wonder how much they are getting payed by Lending Tree and quick loans.

I went to a private commercial arts school and have about K in loans, just wondering what your payments are and how much you are in debt because I called my lender today (my grace period is up next month) and they seemed INCREDIBLY high. yes, I know thats a lot of debt, and I will pay it back (duh) and I have 25 years, but was just wondering about other peoples situation.

Let’s say I want to buy a commercial property for 200K and don’t want to put do 30% and get into an 8 – 10% interest rate commercial mortgage. I own a very profitable company which grosses 1M per year, Bank are always offering this company large loans or equity lines on the business. What is my company borrow me some money, at a fair interest rate of say 5% simple interest and I use it to buy this property ?

What are the advantages and disadvantages? From what I can see. I will have lots of money on the loan (interest) and not have to make a large down-payment and I’ll own the properly free and clear.

Thanks guys.

We are interested in a 3 unit property on the same plot of land. A friend of mine just bought a 9 unit where 7 units were in one building and 2 were in another. He was able to get one commercial loan for the 7 units and a residential loan for the other. So if there is a property we are looking at that has 3 separate buildings, could we get three separate loans? There is one house and two cottages.

I am a licensed commercial real estate agent in phoenix, az, and am interested in providing insurance and mortgage services to my clients,essentially I want to be able to shop 5 lenders/insurance companies to provide my clients the best deals.

How do I identify 5 banks/insurance companies that do commercial transactions?

How much money can I make by providing these additional services assuming that all transactions are more than 300K ( for loans + insurance)

Thanks

I am a licensed commercial real estate agent in phoenix, az, and am interested in providing insurance and mortgage services to my clients,essentially I want to be able to shop 5 lenders/insurance companies to provide my clients the best deals.

How do I identify 5 banks/insurance companies that do commercial transactions?

How much money can I make by providing these additional services assuming that all transactions are more than 300K ( for loans + insurance)

Thanks

our residential & commercial property was sold in a sheriffs sale & i need to find a lender that handles property redemption loans

Let’s say I want to buy a commercial property for 200K and don’t want to put do 30% and get into an 8 – 10% interest rate commercial mortgage. I own a very profitable company which grosses 1M per year, Bank are always offering this company large loans or equity lines on the business. What if my company borrow me some money, at a fair interest rate of say 5% simple interest and I use it to buy this property ?

What are the advantages and disadvantages? From what I can see. I will have lots of money on the loan (interest) and not have to make a large down-payment and I’ll own the properly free and clear.

Thanks guys.

I am trying to purchase a mixed use building (5 residential units and 2-4 commercial stores) in NJ. I know that commercial mortgages are a little different from home mortgages (i.e. there are no 30 year loans).

What different types of mortgages are available for purchasing a building like this?

Also, the money borrowed to buy a home is called a mortgage, is it also the same term used for buying a commercial property?

What is going on with RE market?
Residential vs. Commercial?
Property Values?
Loan Defaults?
Institutional Losses?
Why is it so difficult to get a mortgage now?
What are the causes?
What types of loans were the culprits of the bubble?
How did Wall Street make it worse?
What forms of fraud did borrowers commit? Are they the victims?
What conflicts of interest existed among the various market participants?
What were some of the excesses of the lending institutions?
How is it possible that the US residential crisis could bring down the global financial system?

I saw this ad for real estate sales…I did sales for 6 months with Coldwell Banker, and I left 2 months ago…I miss it already! I was wondering, is 795 a lot per transaction?

You can do Real Estate & Loans ***** 100% Commission******

21st Century Real Estate & 21st Century Funding

*100% Commission on Real Estate & Mortgage
*5 Flat fee per transaction (E&O Included)
*Residential & Commercial
*No mandatory meetings
*No monthly fee
*No desk fee

*******Branch Opportunity, Must be Licensed and experienced*******
5 Flat fee
Call for details

Serious answers…
10 points best answer.

I’m in my early 20s, and I’ve always wanted to be a real estate agent. I kmow someone who does it part time, but we live in New York State. Even though the economy is bad and is affecting the real estate market, isn’t a good time to get in the business if there are so many foreclosures? Because of buying homes cheaper than the orignal price? But, then again the banks aren’t giving out a lot of loans…Is there anything that is prospering related to real estate right now? Probably commercial real estate, but I would have to college for it, right? I went for Business, and Marketing. So, I don’t think I would be able…

Are there locations in the United States that are doing better in real estate? People still need homes in this economy. And what other things could I do related to being an agent, that will help me still be able to sell and buy homes??? I need some ideas…

THANKS FOR YOUR HELP!!!

Once I rennovate it will have rentable apts, and a store. What is the best type of loan to get for such an endeavor? Would a home equity loan be the right one to seek? My credit score is a little above 700. What banks are easiest to obtain loans from?

My current loan on some real estate is coming to term, and I want to extend for another term. Vacant land, good payment history, a lot of equity, good credit.
Edward, this doesn’t concern my vote. My vote will be…mmm…unconventional.
Wow, Howard! Not only can you can solve all my problems, you offers loan in my local currencies! I’ve been looking for a lender that provides loans at the best exchange for Pjhtra to US Dollar!

Looking to purchase land, and build income property, warehouses, and need to do it without income verification AND little to zreo down payment…

I have decent credit, 745, and currently own 2 houses, one as my primary residence and another as income property…

Any loans/lenders who can supply 100% financing with a no doc or stated income loan for commercial property? Loan amount will be 0,000

Thanks