Articles Tagged with ''Real estate investing''

NYT: First-time homebuyers competing with Wall Street-backed investors

Conventional buyers often “do not even have a chance,” story says
It’s always been tough to be a first-time buyer, stretching to get into a starter home. Today, there’s an extra challenge: an unprecedented level of competition from investors backed with Wall Street money, according to a New York Times story. At first, it seemed an opportunistic response to the housing bust. “Once the bargains dried up, the investors were expected to stop buying. Except they didn’t stop.”
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SEC accuses Chicago house flipper of running $20 million real estate fraud scheme

George Slowinski and Rebuilding America raised $20 million from 600+ investors
The SEC this week accused the owner of a real estate investment company of perpetrating a $20 million real estate fraud scheme by convincing more than 600 investors to give money under the auspices of flipping houses in the Chicago area. But instead of making money on real estate, George Slowinski allegedly took some of the investors’ money for himself and his associates, made bad investments, and eventually cost his investors $17 million.
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[Pulse] Will iBuyers survive a buyer's market?

The iBuyer concept is fresh and exciting, but it remains untested throughout a full market cycle
The housing market is cyclical, and history shows businesses based on a perpetual seller's market do not last. Good housing markets are very forgiving, but when they turn, flawed concepts are rapidly and ruthlessly exposed. Selling homes in a seller's market is not difficult. But when the market turns and buyers gain the upper hand, will the iBuyer concept survive?
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Zero down payment loans are now available for real estate investors

Hard Money Sources will allow investors to finance 100% of real estate purchases
Hard Money Sources, which connects borrowers and lenders in the private investment and hard money marketplace, announced this week that real estate investors can now get a loan to cover the entire value of their investment. That’s right: as much as 100% of the loan-to-value ratio.
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Angel Oak Prime Bridge expanding into wholesale lending for fix-and-flip loans

Now offering loans for real estate investors through brokers
Mortgage brokers who have clients seeking financing for real estate investments now have a new outlet for funding, as Angel Oak Prime Bridge is expanding into wholesale lending. Angel Oak Prime Bridge is a member of the Angel Oak family of companies, and focuses on providing fix-and-flip loans to real estate investors.
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Skyline AI inks deal with DWS Group to continue push to bring AI to real estate investing

German company becomes minority shareholder in Skyline
Back in August, Skyline AI, a real estate investment technology company that uses artificial intelligence for real estate investing, raised $18 million from various venture capital sources, including JLL’s tech startup investment fund, JLL Spark. And now, Skyline is making another move to continue its push to use AI to source, analyze, acquire, manage and sell institutional-grade real estate investments.
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How to survive the inevitable ups and downs in multifamily

Use data to fight the booms and busts
[Expert commentary] Markets, including the U.S. housing economy, aren’t always rational. No matter how many booms and busts markets endure, there is always a temptation to think “this time, it’s different. This time, the value of my property may continue to increase another quarter or another year.” So, how do you deal with the ebbs and flows?
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Lenders: Goldman Sachs, Zillow entering fix-and-flip market is a good thing

“A rising tide lifts all boats”
Over the last few years, the market for financing fix-and-flip projects and single-family rentals has grown significantly. In just the last year or so, massive players like Goldman Sachs, Zillow, Redfin, and others have entered those markets. And one might think that current operators in the fix-and-flip market would view those big companies entering the market as a bad thing, but that’s not the truth.
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Crowdfunding lending platform Groundfloor turns to crowdfunding to raise money, for itself

Aims to raise $7 million by inviting public to buy shares in company
Groundfloor, a real estate lending platform that raises its loan funds via crowdfunding from the public, is turning to crowdfunding to raise money for something else – itself. But, the company is not going the Initial Public Offering route via the New York Stock Exchange or Nasdaq. Rather, Groundfloor is launching an online public offering, in which it’s seeking to raise more than $7 million from the public.
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CoreVest expands into wholesale lending for real estate investors

Seeks brokers who serve investors
CoreVest American Finance Lender, the lender formerly known as Colony American Finance, is expanding into wholesale lending for real estate investors. To lead the company’s expansion into wholesale lending, CoreVest hired Samuel Bjelac to serve as vice president of wholesale lending.
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