Archive for August, 2007
Monthly Archive
Monday, August 13th, 2007
Stated Income Loans
Stated income loans (sometimes called Alt-A) became popular in 2002, and have since become mainstream. They were created by mortgage lenders as a way for those with unconventional, irregular, or cash incomes to qualify for a mortgage loan. These individuals have the income to afford a mortgage and have acceptable credit, but […]
1 Comment » - Posted in Borrowing by Roger
Thursday, August 9th, 2007
Flippers and Wholesalers and Bird-dogs, Oh My!
Bird-dogging or real estate jobbing is a great way to get started on a career in real estate investing. A bird dog is a property locater or deal finder for an established real estate investor. The bird-dog is paid a fee for finding these potential real estate deals. The amount of the […]