The Dallas Morning News had a report yesterday from Mortage Insurance firm PMI Group, that found that the D/FW housing market was one of the least likely in the country to see a decrease in home values. If you would like to see the full article you can find it here DFW Home Prices Least [...]
Archive for the ‘Dallas, Texas Information’ Category
Roy Cotton was the lucky winner of the We Fund Houses iPhone Giveaway at the December DFW REIN meeting this month. Here’s a picture of Roy just after he got his new phone. If you want your chance at a new iPhone its not too late. Any deal submitted and funded in December at We [...]
We are running a promotion for the month of December over at www.WeFundHouses.com
Anyone who submits an Application For Funding after December 1st that closes and funds before December 31st will receive a new iPhone!! Its just that simple. Here’s your chance to own one of the hottest products of 2007! We will run more promotions [...]
The Wall Street Journal recently had an article about people hoping to get offers on their houses, burying statues of St. Joseph in their yards. I am not sure exactly how having the Saint buried in the yard brings in the buyers, and I haven’t seen any hard data on the effectiveness of this program, but…..whatever [...]
This the second in a series of posts about the Six biggest
mistakes investors make with Hard Money
loans.
Mistake #2: Not Getting Pre-Approved
I liken this mistake to the guy that
shows up to his construction job
without a hammer on his toolbelt.
Simple, yes. Stupid, yes. But
having a pre-approval letter
from a reputable lender in your
brief case at all [...]
One of the biggest keys to success in Real Estate investing is building a team of professionals around you that you can trust. There are so many pieces to the puzzle, that no one really does it all themselves, you need to surround yourself with reliable, talented people that make your business operate at its [...]
A recent article in Forbes magazine listed Ft. Worth as one of the best cities for real estate deals. Noting that Ft. Worth was undervalued and affordable, and hadn’t experienced a huge post boom price correction, but was expecting acceleration in sales volumes, which would make this an ideal time to invest. For the list [...]
In a recent speech in Florida, former Fed Chairman Alan Greenspan expressed the opinion that he thought the worst of the subprime problems were over. If you want to read an article about it you can find the link here.
John
Two words: Don’t be.
Everyday I get questions from other investors like: “With the big credit crunch in the mortgage markets, am I going to be able to sell my houses?”, “Should I look at holding my properties since there are fewer buyers out there?”, and on and on.
All of these are legitimate questions and [...]
Before Adam and I founded We Fund Houses, I was looking to get some deals funded last year and I ran into a term I hadn’t seen before on some other hard money lender’s sites. That term was “interest reserve”. It sounded harmless, but when I talked to them on the phone and found out [...]
