Philadelphia Forges Plan to Rebuild From Decay. Reminds me so much like parts of Newark, New Jersey.

Philadelphia Forges Plan to Rebuild From Decay. Reminds me so much like parts of Newark, New Jersey.

After reading this article about Philadelphia, I often wonder if a land bank would help in  Irvington, New Jersey. There are so many pockets of mostly abanded buildings on some streets. I know it would work in the central ward in Newark, New Jersey.

We’re on the lookout for a commercial property

We’re on the lookout for a commercial property

We are all cash buyers looking for studio space in Monmouth, Middlesex or Ocean Counties, NJ. We will consider mixed use, warehouse or factory shells.  Any condition. Email or call Andrew at 646-584-1239 Must Haves minimum 2500sq. ft (per floor) or more warehouse type space large, wide-open space indoors 15+ ft ceilings parking Extras natural […]

Fannie Mae, Freddie Mac extend “first look” program for homebuyers competing with cash-rich investors

Fannie Mae, Freddie Mac extend “first look” program for homebuyers competing with cash-rich investors

If you think it is hard to buy a bank owned property now, wait, some banks  are extending the first look period for owner occupied buyers. Let’s see how many of these deals fall apart when the potential buyers can’t get financing. Delay the pain or cut the houses loose? What are the banks thinking […]

Smaller lenders gaining clout in mortgage market

Smaller lenders gaining clout in mortgage market

Relationships are everything, which is something you will not get from the larger banks. If you are a real estate investor looking to build your rental portfolio, you are best off working with local banks in your area.     http://therealdeal.com/blog/2013/12/27/smaller-lenders-gaining-clout-in-mortgage-market/