by Glen | May 4, 2020 | hard money, nightly rental real estate
Disney World closes, ski resorts shut down, Hawaii quarantines all visitors , and travel comes to a screeching halt. What happens to the “sharing economy” when people stop sharing? What does this mean for Airbnb and companies like WeWork? For almost 60% of people...
by Glen | Apr 23, 2020 | commercial private lending, Coronavirus 2020 real estate impact, Hard Money Commercial Lending, Real Estate economic trends, Real Estate Trends, Real estate Valuation
I always love spring in the Rocky Mountains, to see the pull of the seasons with snow and flowers starting to bloom. Eventually spring always wins 🙂 If you read the news, it sounds like the world is crumbling with 22 million jobs lost and a predicted 30% GDP...
by Glen | Apr 15, 2020 | credit scoring
We are still lending in cash! It is amazing that the federal reserve has flooded the markets with cash enabling banks to borrower at historic rates. Furthermore, banks are considerably healthier today than they were in 2008. Unfortunately, this is not translating to...
by Glen | Mar 29, 2020 | Coronavirus 2020 real estate impact, hard money, Other Questions, private lender, Private Lending, Process/Loan Submittal, Program Details
The Coronavirus pandemic has thrown the economy off a cliff leaving many equity rich property owners with no cash flow. The pandemic has caused many residential and commercial tenants to defer or totally miss payments as the economy shuts down. Property owners are...
by Glen | Mar 24, 2020 | Coronavirus 2020 real estate impact, Hard Money Lending, interest rates
We are still lending as we fund and hold our loans in cash! If you have been watching the mortgage market, your head is likely spinning. Last week, a mortgage rates drop for 30-year fixed mortgages hit a record low of 3% less than a week later rates have...
