Author: admin

California continues to be one of the most popular real estate destinations in the world. Despite its taxes, earthquakes, and high property prices, global investors, entrepreneurs, and venture capitalists just can’t get enough of it.

California

CA is one of the 3 largest states in America, and the 3rd most populous. Alone it is the 6th largest economy on the planet. It boasts a rich and diverse landscape from the Pacific coast to mountains and desert areas. California hosts headquarters to 3 of earth’s largest companies, and has been a consistent trend setter in technology, finance, and the environment.

As of 2016 CA had an unemployment rate of 5.5%, and a state GSP of over $2.5 trillion. That’s high than the entire GDP of all but 5 countries, and is higher than Brazil, India, and Russia.

---

---

---

---

Whether you are looking to purchase, refinance or cash out equity in your investment property located in the great state of Texas, we can help you obtain your investment goals.

We have stated income investment property loans that do not require personal or business tax returns.  Most of our products are competitive in pricing and flexible to match your specific needs.

Texas has become one of the most popular states for investing in real estate since the rebound in the last great recession. Texas is now favored as a now trendy destination, with strong fundamentals, and better affordability increased cash flow and high rental demands that are outpacing many other major markets.

The Lone Star State is the second largest and most populous state in the US, and boasts the second highest gross state product. Texas’ economy has become far more diversified in recent years, and has become synonymous with being a business friendly and low tax destination. Despite a low average personal income rate, the state is also home to the second largest concentration of millionaires.

Few Texas Facts and Resources to help you:

---

---

---

What’s happening in the Stated Income Loans for commercial real estate space this year?

2018 is shaping up to be an active and interesting year for Commercial/Multifamily real estate and Stated Income Loans. What can we expect?

New Commercial Real Estate Lending Records

The Mortgage Bankers Association forecasts that commercial mortgage lending will hit a new record of $545B in 2018, and may set another record high in 2018. New funds, and almost $2.2T in international capital could also substantially boost the amount of debt financing made available and put to work in the US market this year.

Stated Income Loans – Commercial Mortgage Interest Rates

One of the biggest pivots this year is the change in direction of mortgage interest rates. While interest rates are still hovering near historical lows, new fed rate hikes will almost certainly gradually drive up mortgage lending rates too. This will give a substantial advantage to commercial real estate investors who act sooner, and lock in longer term financing.

Expanded Stated Income Commercial Loan Programs

President Trump may so far have been rather unsuccessful in implementing his plans. That includes immigration, healthcare, tax reform, and so far, repealing Dodd-Frank as well. However, on one hand this has also been good for commercial real estate investors who are benefiting from lenders’ preference for loaning to investors over regular home buyers. This has already led to the expansion of loan products in 2018. We have stated income loans, no ratio loans, and credit score requirements appear to be dropping as well.

Property Sectors

The World Property Journal reports that global investors are still hot on the office sector. Retail may have its challenges this year as some US retailers appear to be continuing to reduce their footprint, even those Amazon is expanding its own. This hints at the surge in another new trend of logistical real estate. More properties are doubling as hybrid internet store fronts, as well as warehouses for rapid shipping of product locally.

Private-Public Projects

Private-public partnerships seem to be growing. Some are centered around parks and community spaces, others are taking on revitalization and are driving the establishment of greener, healthy, and more sustainable neighborhoods and districts.

Nevada is one of the most famous destinations on the planet. Check out the following market trends, real estate news, and financing resources to find out what’s happening, where the opportunities are, and where to get additional financial leverage to take advantage of them.

Nevada

Las Vegas’ home state is one of the largest in the US, and one of the trendiest places to visit. The state’s casino business does an estimated $25B+ in revenues each year. Although it is one of the least populated states in America, over 86% of the land in the state is managed by the government; squeezing the majority of the population into a small portion of the land. Nevada has deserts, mountains, lakes, and fabulous metropolitan areas. Housing ranges from modern condos to bread and butter single family homes, to expansive ranches.

---

---

GA has proven to be one of the most important business states in the US. It offers a diverse real estate market from urban condos and commercial properties, to rural acreage, and architecturally diverse single family homes. Its key positioning and transport hub of Atlanta, as well as affordable property prices make the state very attractive to many property investors.

Georgia

The Empire State of the South is the 8th most populous of the United States. It is home to over 3 dozen Fortune 500 and Fortune 1000 company headquarters, and almost 2,000 international company headquarters. State GSP has exceeded $400B, and it is one of only a few states to maintain the S&P AAA rating. Georgia has been ranked the top state for business, and travel, and workforce and industrial engineering training programs. The state capital and largest city is alpha world city Atlanta.

---

---

---

GA Real Estate News

• University of Georgia Research:https://research.uga.edu/
• State of Georgia Official Website: http://www.georgia.org/
• Official GA Tourism & Travel Site: http://www.exploregeorgia.org/
• GA Government Website: https://georgia.gov/
• Carpet Capital Association of Realtors: http://board.usamls.net/dalton/Default.asp?
• US Census Bureau: https://www.census.gov/quickfacts/table/PST045216/13
• Georgia State Demographics: https://www.infoplease.com/us/comprehensive-census-data-state/demographic-statistics-66
• Department of Statistics: http://www.stat.uga.edu/
• Georgia Tech Library Statistics: http://libguides.gatech.edu/c.php?g=54005&p=348877
• Georgia State University Statistics: http://research.library.gsu.edu/statsdata
• Georgia Realtors: https://www.garealtor.com/
• Atlanta Realtors: http://www.atlantarealtors.com/
• Georgia Real Estate Commission & Appraisal Board: http://www.grec.state.ga.us/
• Augusta Realtors: http://augustarealtors.com/
• Metro South Association of Realtors: http://msar.org/
• Athens Area Association of Realtors: http://www.realtorsathens.com/
• Middle Georgia Association of Realtors: http://www.mgar.org/
• Northeast Georgia Realtors: http://negboard.com/
• Northeast Atlanta Metro Association of Realtors: http://www.namar.org/
• Savannah Area Realtors: https://savannaharearealtors.com/
• GA Investment Property Lenders: https://www.directmoneylenders.com/

NC has consistently been named as one of the top destinations for international and domestic real estate investors. It’s also a very popular area for retirees. The resources found below will give North Carolina property investors the tools necessary to make excellent financial decisions.

North Carolina

Known as the Old North State or the Tar Heel State, North Carolina is the 9th most populous state in the country. Due to the availability of hydroelectric power, variety of soils and the climate, North Carolina leads the South Atlantic region in industry and agriculture. It’s the leading producer for textiles, tobacco and furniture with many new industries taking off within the state. The state was even named as the third-best state for business by Forbes Magazine in 2010.

---

---

---

Charlotte Office Market Trends

• Rents topped $25 per foot
• Suburban submarkets show most activity
• Multiple new projects under construction
• Millennials flocking to Charlotte more than anywhere else

Suburban Areas: Densification of suburban areas has become a reality with downtown projects helping to draw residents back.

---

Resources for North Carolina Real Estate Investors

• Visit NC: https://www.visitnc.com/
• North Carolina business resources: https://www.nccommerce.com
• North Carolina investment property loans: https://www.directmoneylenders.com/
• Bureau of Labor Statistics: https://www.bls.gov/oes/current/oes_nc.html
• North Carolina Job Data: https://www.nccommerce.com/lead/data-tools/occupations/employment-wages
• North Carolina Association of Realtors: http://www.ncrealtors.org/
• Charlotte Association of Realtors: http://idp.carolina.safemls.net
• North Carolina property search: http://www.kw.com/kw/mobile_real_estate_search.html
• North Carolina Investment Property Lenders: https://www.directmoneylenders.com/
• Bureau of Economic Research: https://www.nccommerce.com/lead

---

NC Mortgage Lending Products

• Stated income loans
• Single family investment property loans
• Commercial property refinance loans
• Small balance commercial loans
• Multifamily mortgages

IN has been a top choice for real estate investors both domestic and international for many years. The following resources will help Indiana property investors make smart financial decisions.

Indiana

The Hoosier State is the 16th most populous of the 50 states in the country. With a diverse economy Indiana provides several popular metropolitan areas with a population of more than 100,000 residents. Many smaller towns and industrial cities are also found throughout the state.

---

---

---

Indianapolis Office Market Trends:

• More than 100,000 square feet of occupancy growth in 2016
• Increases in suburban Indianapolis office properties
• More companies moving to downtown Indianapolis
• Nearly $600 million of sales activity in northern suburbs

Downtown Indianapolis: About 3,000 new rental units expected to open by 2019

---

Resources for Indiana Real Estate Investors

• Visit Indiana: https://visitindiana.com/
• Indiana business resources: http://indianabusinessadvisors.com/
• Indiana investment property Loans: https://www.directmoneylenders.com/
• Bureau of Labor Statistics: https://www.bls.gov/oes/current/oes_in.htm
• Indiana Job Data: http://www.hoosierdata.in.gov/
• Indiana Association of Realtors: http://www.indianarealtors.com/
• Metropolitan Indianapolis Board of Realtors: http://www.mibor.com/
• Indiana Property Search: http://www.kw.com/homes-for-sale/Indiana/stprp-IN-all.html
• Indiana Investment Property Lenders: https://www.directmoneylenders.com/
• Bureau of Economic Research: https://www.iu.edu/~ibrciuws/index.html

---

IN Mortgage Lending Products:

• Stated income loans
• Single family investment property loans
• Commercial property refinance loans
• Small balance commercial loans
• Multifamily mortgages

SC is a popular state with real estate investors. Many retirees choose South Carolina, as well. The resources listed below help property investors make sound financial decisions when investing in South Carolina real estate.

South Carolina

The Palmetto State is a popular tourist destination, but it’s also a great place for investors. The growing economy makes it an excellent choice for investors. The gross state product was $97 billion in 1997 and had grown to $153 billion by 2007. It’s the 23rd most populous state in the county and has consistently attracted new business throughout the state.

---

---

---

---

Columbia Office Market Trends:

• Rents rising above $20 per foot
• Many new buildings, expansions
• Average office space size nearly 2,500 square feet
• Increased demand with less vacancies

Downtown Columbia:700 new condos coming to Downtown with 60,000 square feet of retail

---

Resources for South Carolina Real Estate Investors

• Discover South Carolina: http://discoversouthcarolina.com/
• South Carolina business resources: https://www.scbos.sc.gov/
• South Carolina investment property loans: https://www.directmoneylenders.com/
• Bureau of Labor Statistics: https://www.bls.gov/oes/current/oes_sc.html
• South Carolina Job Data: https://dew.sc.gov/tools-resources/data-statistics
• South Carolina Association of Realtors: https://www.screaltors.org/
• Central Carolina Realtors Association: http://centralcarolinarealtors.com/
• South Carolina property search: http://www.kw.com/homes-for-sale/South-Carolina/stprp-SC-all.html
• South Carolina Investment Property Lenders: https://www.directmoneylenders.com/
• Bureau of Economic Research: https://www.sccommerce.com/research-and-data

---

SC Mortgage Lending Products

• Stated income loans
• Single family investment property loans
• Commercial property refinance loans
• Small balance commercial loans
• Multifamily mortgages

As one of the most desirable states in the Pacific Northwest, Oregon combines both coastal and mountain living. It has become a popular spot for real estate investors both international and domestic. Property investors gain the ability to make a good decision when investing in OR by using the resources found below.

Oregon

The Beaver State is known for the beaches, mountains and amazing scenery. This has made it one of the top spots on the West Coast for tourists. In addition, Oregon had the 17th highest median household income in 2015 and the gross domestic profit was nearly $220 billion in 2013. It was ranked as the 25th wealthiest state in 2012, which was up three spots from 2003.

---

---

---

---

---

Just how bad is the impact of hurricane Harvey on the Houston housing market? What will it mean for real estate investors? What does the potential for recovery look like?

Harvey’s Impact on Houston

At least tens of thousands of Houston housing units have been impacted by Harvey. Some estimates put this damage at around $400B. That’s around 4x the cost of Katrina. Add to this the loss and damage to other commercial properties, and interruption of business, and the impact over the next few years could come close to $1T.

FEMA estimates over 90,000 housing units were hit in Southern Texas counties, with only around 15% of properties covered by flood insurance.

While the loss of life, friends, and family members is a tragedy hard to put into words, the worst is just now kicking in for many local residents. They may face weeks and months without secure housing, lights and clean water, food will be scarce, and they face a variety of dangers daily. This is all in addition to the interruption of income, and financial loss, which may have lifelong consequences.

Still, Houston’s mayor, announced to new media on September 4th, 2017 that the city was ‘open for business’, and encouraged conventions and conference planners and visitors to still come out and host their functions there.

The Impact on Real Estate

Meyers Research shows that Houston had some glut of housing units prior to the storm, with landlords often offering nearly 3 months in free rent to attract tenants. Houston has reportedly struggled with high vacancy rates, of around 10%. That has fluctuated by around 7% since 2004, during periods of national growth, population growth in response to Katrina migrants, and a recent new construction surge.

Meyers Research’s SVP Scott Davis says “Houston has experienced real estate crises, oil price collapses, and major storms, and each time the world has predicted the region’s demise. And each time the city has come back stronger than before. We’ve taken a direct hit from a devastating storm, and the world will see that Houstonians are a pragmatic bunch who help each other in times of need-and that we will emerge from Harvey’s aftermath again a stronger and better place to live.”

From looking at other cities and regions that have been hit hard by major storms in recent years, we can get a glimpse of what we can expect for Houston too. South Florida, has been continually battered by hurricanes, though as consistently regained residents, even though some have up and left for safer destinations. Real estate prices there continue to be very strong, housing has been rebuilt better, and yet some are still battling the financial consequences of storms from 10 years ago. Superstorm Sandy is still impacting the northeast, years later. Some residents are still struggling with finances. What was different in places like Long Island was the government’s reaction to seize high-risk properties by eminent domain, and to block future building on some parcels.

Factors that will play into Houston’s future will include:

• Future cost of insurance
• Population in and out flows
• FLIR Systems
• StanCorp Financial Group
• Availability of housing and rental inventory
• Job and wage growth
• Investment capital flows

Access to rental property financing will be a pivotal part of recovery and growth. Individual investors may leverage properties elsewhere with blanket mortgage loans to rebuild, or diversify into new markets. Houston property investors may be able to access equity with rental home financing to rebuild or maintain solvency until the situation improves. Yet, locals should expect some delays and quirks in real estate financing as lenders seek to verify property condition, and new values.