Often rental property owners setup their ownership of their property in an LLC or a corporation.  That way if there is a tenant who sues or if there is a claim against the landlord that insurance doesn’t cover, or exceeds the insurance coverage amount, there are certain protections having ownership in an LLC (Limited Liability…

After 6 long years of extraordinarily low interest rates, the outlook for 2015 is that the Federal Reserve will finally start to allow rates to rise.  We see that at the 2 day Fed meeting this week that the Fed is ending its program of buying bonds and leaving the market to its own natural…

Recently we purchased several loans from various sources, but all had something in common.  Income property we feel is the best security for a trust deed to be against.  Having rents to rely on to pay for the mortgage payment makes it very unlikely for any default.  We of course consider loans that are on…

Lately we find ourselves buying Notes from Banks and Private Equity funds more so than private parties. Our website and blog pages are addressed more to the private party who carried back a loan via a sale of a piece of Real Estate. The main business we have conducted for 35 years is the Note…

Our main business is buying promissory Notes secured by 1st T.D. positions on income property in Southern California.  Being at this since 1979 makes us one of the oldest companies in the business.  Having 35 years of real world experience doing something you are good at makes you an expert.  Our expertise comes after many…

We assist many of our borrowers and investor clients as well by arranging financing for their apartment buildings. Whether a purchase or refinance, we can assist in arranging up to $5,000,000.00 of permanent financing through one of our institutional lenders that we interface with. Last week we locked in a 10 year fixed rate loan…

As the year draws to a close, we can certainly say that by nearly all accounts 2013 was a very good year for the mortgage industry. (unless you were in default loan servicing). The Federal Reserve has made things easy for borrowers by their quantitative easing policy (at least through the first 1/2 of the…

With the government shutdown last month and interest rates taking a slight uptick (even though they are still near historic lows), the housing market is the slowest since October 2012. This means that sellers will have to be more creative in order to get their properties to sell. In the past some sellers have carried…

Having a busy office is always an indication you are doing the right thing. Often we are too busy to make blog entries, it has been overdue for us so here we go. Recently we have had a flurry of loans come through from non-private party sources. Our bank loan portfolio purchases are when the…

After a flurry of loan purchases, I have a moment to write our blog entry. Having a realistic expectation of the purchase price of a loan you are selling is key to pleasant transaction. If your loan is written at an interest rate that is low (5% or under) and your loan runs until the…