Borrowers turn to non-banks for mortgages as traditional lenders shy away

By Mike Wheatley | March 2, 2017
Borrowers are ditching traditional banks in their droves in favor of financial institutions that do not offer savings or checking accounts.
House Flipping, Real Estate Investing

Banks make house flipping easier for investors

By Mike Wheatley | January 2, 2017
Although home prices have been raising steadily over the past year, house flipping is still extremely popular among investors. And it’s the banks that are being credited
Featured News, Mortgage, US Real Estate

Wells Fargo, JPMorgan Chase, reveal new 3% down payment mortgage programs

By Mike Wheatley | May 30, 2016
Some banks are moving away from Federal Housing Administration mortgages and instead coming up with their own low down payment home loans targeted at those who’re struggling to meet the standard criteria.
Commercial Real Estate, US Real Estate

Memphis Commercial Real Estate Moving Forward

By Brian Kline | April 23, 2015
Memphis commercial real estate continues showing signs of prosperity. Especially with the rebirth of the Downtown area. One strong indicator is the recent sale of the Raymond James Tower at 50 North Front Street. Noteworthy is the purchase is being made by a New York based group of private investors under the new landlord entity […]
Featured News, Investing, US Real Estate

Why The Housing Market Is No Longer A Good Investment

By Donna S. Robinson | April 25, 2014
The wealth-building potential of the US housing market was reliable and predictable for many decades following the end of World War II. But today, it's becoming clear that this "wealth-building potential" has been hijacked.
Mortgage, US Real Estate

Small Lenders Making a Big Difference

By Brian Kline | December 13, 2013
According to Inside Mortgage Finance, smaller banks and nonbank lenders are now dominating the mortgage business. A study found that these previously nontraditional mortgage lenders make up about 60% of mortgages today compared to about 39% in 2009. Of course, this depends on how you define smaller banks and nonbank lenders. When considering those outside […]
Featured News, Investing

Are Hard Money Loans Worth the Hassle?

By Brian Kline | October 8, 2013
The title is a tough question to answer on several levels. The answer is "yes" hard money is a hassle when it comes to the cost and terms of the loan. The answer is "no" when you have a great deal but you need immediate cash to close it. Beginning and Experienced Investors The answer […]
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