Blog

Fix-and-Flip Loans Explained

Being a real estate investor (or a real estate agent working with one) is not for everyone, that’s for sure.  There is a reason people don’t dive into the real estate investing pool. They don’t understand how the deals are being financed.  Let me give you a quick breakdown of how some fix-and-flip deals are […]

Creating v. Competing

In the not-too-distant past, marketing and advertising were costly and, quite often, labor-intensive (which means “costly”).  With social media being readily available and free to everyone, that significantly evened the score for everyone involved.  So, instead of having a handful of players who have the money and means to go after a target audience, we […]

A VA Loan Myth Dispelled

  Recently, I had the pleasure of meeting with a person who is new to being a real estate agent but not new to selling a house. Our conversation turned to the subject of her own home that she and her husband were about to put on the market. She wanted to know what mortgage […]

Offense Doesn’t Need to be Offensive

Pulling credit. For numerous reasons, when I’m in the middle of taking a mortgage application, and I ask the borrower for her/his social security number, I often get these responses: “Do you really need to pull my credit?” “Can we wait to pull my credit until . . . ?” “I’m not comfortable giving that […]

Credit: Crush or Be Crushed

Canceling Credit Cards, is this a good or a bad idea? Often, when someone has clawed and dug their way out of debt, they destroy their credit cards and cancel their accounts.  Many do this because they blame the credit cards and look at them as plague-carrying rats.  In other words, they fail to acknowledge […]