Real Estate Financing

5 Tips for Financing Investment Properties

1. Have a sizable down payment
2. Be a 'strong borrower'
3. Shy away from big banks
4. Ask for owner financing
5. Think outside the box

These five tips from bankrate.com give excellent insight on how to present yourself when trying to obtain a real estate investment loan. Depending on what type of property you want to buy, and how much cash you have to put down, you can gather what type of institution you need to approach. You may even decide to explore the option of getting money through owner financing, renovation money through home equity lines of credit, credit cards or even from some life insurance policies.
*Read more: Bankrate.com


Types of Financing from MacKenzie Capital commercial real estate services:

Permanent Mortgage Financing

Acquisition Financing

Residential Development Loans

Construction Loans

Redevelopment Loans

Mezzanine Financing

Bridge Loans

Forward Commitments

Participating Debt

Joint Venture Equity

Equity Placement

Non-Performing Loan Sales

Advisory Services

Funding sources include:

Life Insurance Companies

Wall Street Conduits

Pension Funds

Banking Institutions

Credit Companies

Opportunity Funds

Mortgage REITs

Private Equity

Find out more about how MacKenzie uses these resources to finance real estate by visiting their website at MacKenzieCommercial.com

Overview of Real Estate Finance

There are countless opportunities out there for financial professionals wanting to get involved in the real estate side of business. About a third of the world's assets are tied into real estate. Real estate is powered by the institutions that enable people to obtain financing for their properties. A few finance career areas available in real estate include:

• Residential Mortgage Loan Officer
• Residential and Commercial Development Finance
• Corporate Real Estate Management
• Investment Analyst

For actual financial job listings within real estate visit the website below:
Financial Careers in Real Estate

Housing Market Malaise: How Long Will Real Estate Remain Sick?

This is a quite long video discussing the rise and fall of the housing market. They go into where we stand today, what needs to happen to improve the situation in the market, and how a healthy market may look like realistically in the future.

Overview of a Real Estate Appraisal

Real Estate Appraisal Explination

This explination of the appraisal process from Quicken Loans covers all the bases of the purpose of appraisals and their importance in the morgage industry. Having a correct, up-to-date appraisal value is of utmost importance for every party involved in a real estate transaction.

Appraisers Want your House to Appraise...

This video is very insightful in how each party in a real estate transaction functions, what their goals are, and how they all work together. If one party does not do their job right, it makes it harder for everyone else to close a deal. Transactions in real estate essentialy start from the price the listing agent lists the property for. Even if there is a buyer for the property, the loan may be declined because the appraiser for the loan finds that the property is not worth as much as it is listed for. The best thing for everyone would be to only list properties based on their true value.

Overview of a Real Estate Appraiser

Quick Facts: Appraisers and Assessors of Real Estate
2010 Median Pay	$48,500 per year $23.32 per hour
Entry-Level Education	High school diploma or equivalent
Work Experience in a Related Occupation	None
On-the-job Training	Apprenticeship
Number of Jobs, 2010	77,800
Job Outlook, 2010-20	7% (Slower than average)
Employment Change, 2010-20	5,800

The work of an appraiser is mostly a full time job. They will spend much time writing reports, but the majority of an appraisers work is done outside the office, visiting different sites. To start training to become an appraiser you must have at least a high school diploma. Many hours of classroom work and hours of on-the-job training are required to reach certain levels of certification. Higher cirtification levels require higher degree of training and experience. In order to be able to appraise any type of property at any value, an appraiser must be certified as a General Real Property Appraiser. For more information about the appraisal career, follow the link below.
Occupational Outlook for Real Estate Appraisers

Stand up comedian, David Cash, describes his real life experience as a real estate appraiser. I can not imagine what kind of crazy things these appraisers must run into going into peoples' homes every day.