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The Basics Of Using Hard Money To Buy and Fix Investment Property RealtyBizNews
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFnNkRKYRAbhu0TUvGUYsUSGG6PnAamp;url=http://realtybiznews.com/the-basics-of-using-hard-money-to-buy-and-fix-investment-property/9878990/bThe Basics Of Using Hard Money To Buy and Fix bInvestment Property/b/b/abr /font size=-1bfont color=#6f6f6fRealtyBizNews/font/b/fontbr /font size=-1by Donna Robinson - 31 January 2012 Hard Money is a type of bloan/b that is generally used by real estate investors to purchase and repair a piece of real estate. Lenders are mostly small companies or private individuals with funds to binvest/b./fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=dJZb7YJiEE0RVtMnobrb/b/nobr/a/font/div/font/td/tr/table

Aeriance unveils closed-end fund for property loans Citywire.co.uk
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGniU2FJnUJTIfJbrQDtkoZFdDKlwamp;url=http://www.investmenteurope.net/investment-europe/news/2142397/aeriance-investments-plans-filling-property-lending-gap-left-banksimg src=//nt1.ggpht.com/news/tbn/LfGgoEzOPT38IM/6.jpg alt= border=1 width=80 height=80 /br /font size=-2Investment Europe/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNETsDJ5_KUFWduP0digomi2y_c-RAamp;url=http://citywire.co.uk/new-model-adviser/aeriance-unveils-closed-end-fund-for-property-loans/a561607bAeriance unveils closed-end fund for bproperty loans/b/b/abr /font size=-1bfont color=#6f6f6fCitywire.co.uk/font/b/fontbr /font size=-1by Emma Dunkley on Jan 31, 2012 at 13:16 Aeriance bInvestments/b has launched a £100 million closed-ended debt fund, providing access to bridging bloans/b for residential bproperty/b transactions in London. The fund, Orel, aims to capitalise on the dislocation b/b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGniU2FJnUJTIfJbrQDtkoZFdDKlwamp;url=http://www.investmenteurope.net/investment-europe/news/2142397/aeriance-investments-plans-filling-property-lending-gap-left-banksAeriance bInvestments/b plans filling bproperty/b lending gap left by banks/afont size=-1 color=#6f6f6fnobrInvestment Europe/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGg0nyOcvBDJkERQJtAawP5P_ZI2Aamp;url=http://www.ipe.com/realestate/aeriance-launches-bridging-loan-fund-for-londons-golden-postcodes_43858.phpAeriance launches bridging bloan/b fund for London#39;s #39;golden postcodes#39;/afont size=-1 color=#6f6f6fnobrIPE.com (registration)/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=dbEl-2DXMOUIenMFEO--CM-ZEvtTMnobrball 3 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

RED Finances $72 Million FHA Insured Sub Rehab Loan For Aimco Apartment ... San Francisco Chronicle (press release)
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFHLA4nVA1gNMp1zukFdCcQQwPbmgamp;url=http://www.sfgate.com/cgi-bin/article.cgi?f%3D/g/a/2012/01/31/prweb9151882.DTLbRED Finances $72 Million FHA Insured Sub Rehab bLoan/b For Aimco Apartment b/b/b/abr /font size=-1bfont color=#6f6f6fSan Francisco Chronicle (press release)/font/b/fontbr /font size=-1The financing covers the rehab and permanent financing phases for the bproperty/b owned by Denver-based REIT (real estate binvestment/b trust) Aimco and will help stimulate the economy with local jobs. Red Mortgage Capital, LLC, the mortgage banking arm of b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=dpH1x52EMm2ovfMnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

Dan Gilberts investment plan for downtown Detroit begins to takes shape Crains Detroit Business
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNE4uIBrotdungH0S62vFaL26qis0Aamp;url=http://www.wkyc.com/news/article/227829/3/Dan-Gilbert-buys-historic-Detroit-buildingimg src=//nt1.ggpht.com/news/tbn/4Rh6pOTwPFhDlM/6.jpg alt= border=1 width=80 height=80 /br /font size=-2WKYC-TV/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNF-xQ6DCZZue6MfRW4eea46YD0Pygamp;url=http://www.crainsdetroit.com/article/20120130/FREE/120139998bDan Gilbert#39;s binvestment/b plan for downtown Detroit begins to takes shape/b/abr /font size=-1bfont color=#6f6f6fCrains Detroit Business/font/b/fontbr /font size=-1By Daniel Duggan Quicken bLoans/b Inc. founder Dan Gilbert announced today the acquisition of yet another building in the city of Detroit. The former Federal Reserve Building at 160 W. Fort St. will be the latest addition to his portfolio./fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFZw1SkfA6c1lO-oEdovK9YxLklqgamp;url=http://www.detroitnews.com/article/20120131/BIZ/201310370/Gilbert-adds-ninth-building-Detroit-empire?odyssey%3Dmod%257Cnewswell%257Ctext%257CFRONTPAGE%257CpGilbert adds ninth building to Detroit empire/afont size=-1 color=#6f6f6fnobrThe Detroit News/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=d_WG9Kv19-hZHoMrNV-ESZ5j_R7yMnobrball 53 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

BNC Bancorp reports $797000 profit for fourth quarter Winston-Salem Journal
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNG1abQ2KgqJ41pfWWeVyvV2qA1bbAamp;url=http://www2.journalnow.com/business/2012/jan/31/bnc-bancorp-reports-797000-profit-for-fourth-quart-ar-1875357/bBNC Bancorp reports $797000 profit for fourth quarter/b/abr /font size=-1bfont color=#6f6f6fWinston-Salem Journal/font/b/fontbr /font size=-1A significant uptick in revenue and continued improvement in its bloan/b portfolio enabled BNC Bancorp to post a $797000 profit in the fourth quarter, the bank reported today. The net income would have been $1.4 million excluding a $601000 b/b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNG3ozAhtzLljroJAXVdYDWVRs12dAamp;url=http://www.marketwatch.com/story/asb-bancorp-reports-fourth-quarter-results-2012-01-31ASB Bancorp Reports Fourth Quarter Results/afont size=-1 color=#6f6f6fnobrMarketWatch (press release)/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=dlVqtxoFfihAzUMxqOGfegvyEdgNMnobrball 61 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

2nd Home Purchase -- Loan Qualification

My wife and I are looking into purchasing a 2nd home that we would rent out to her parents. My question is, how tough would it be to get approved for a loan on the rental property and would we be able to get a reasonable rate? The house would be around $140K and we could put down 20%. How tough is it today to get financing on a rental home? We both have credit scores around 800, make 125K a year, and have no other debt than student loans. We currently owe $200K on a house worth around...



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