Realty411 Magazine The Future of Real Estate is Here | Page 85

It’s about time we show you Earn Cash BACK A REAL HERO with EVERY Purchase their customers invest, playing to their own strengths. “In today’s climate, people need new investments they want to finance, to show they have money, they have partly due to rates, but also due to a income, and they have credit,” said relatively new program put in place by Bighaus. “I tell new customers, before Fannie Mae. Bighaus estimates fully Receive a FREE Lifetime you commit to anything let’s gather one quarter of his business right now Membership to the World’s a Steve Bighaus has over 24 years experience in the mortgage industry. He maintains your documentation. Let’s make sure is driven by the so-called “delayed Largest Loyalty Rewards you’ve got income to support your financing exception.” focus on servicing the real-estate investor by offering aggressive financing options and Program, benefits include: existing debt; you’ve got cash reserves “I get a lot of customers who resources for buyers interested in purchasing or refinancing their investment property. to support down payment and closing pay cash for their properties,” said • Global Network costs; and that the credit score is there, Bighaus. “They’ll buy property with By a concentrating on investment properties and the financing that Million comes Products with them, • 160+ because that’s going to affect your rate.” cash, and then they’ll want to get that & Services Steve is recognized nationally an done industry expert. The knowledge that are he Available has enables Having that as work in advance money back so they can keep utilizing • 2.6+ Million Members helps exactly him to find financing for investors people know even when where they have had difficulty elsewhere. it.” • Over 150.000 Points they stand before getting too deep Just a few years ago, refinancing of Acceptance into an investment that’s not quite with a cash-out option (so you could Earn Cash Back with Every Purchase AND Turn Your Expe Cash Get your free lifetime membership to the world’s Earn largest lo right for them -- and since Bighaus re-invest with that Purchase Contact Steve Bighaus Expenses stores everything electronically, when cash) through Fannie investors return for Officer another loan for Mae wasn’t available Senior Loan Get your f Pre-Qualify Today! to the wor another property they want to purchase, to investors with rewards p 206.930.1801 they don’t have to send a lot of the same more than four Member Bene information over and over. [email protected] financed properties; NMLS#: 112825 And, Bighaus says, investors return the new program Steve Bighaus again and targets small investors This is not a commitment to make a loan. Loans are subject again. to borrower qualifications, including income, property evaluation, sufficient equity to meet Loan-to-Value requirements, and final credit approval. Approvals are subject to underwriting “I was just back in Memphis last who hold five or more, and in the has home other guidelines, interest rates, and program guidelines and are subject to change without notice based on applicant’s eligibility and week, one of the first markets where attractive benefits as conditions. well. Refinancing an existing loan may result in total finance charges being higher over the life of a loan. Reduction in market NMLS# 3116 may to reflect of any loan may be subject to payment of points I expanded after the Northwest, and and I fees by the applicant. Security “It allows an payments investor pay a longer cash loan term. Terms National Mortgage Co. is an Equal Opportunity Lender. was talking to one of my clients,” said for a property, immediately turn www.InvestorsRewards.com FREE Registration • No Sign-Up, Bighaus. “Between him, his wife, and around and re-finance it, and get their Monthly or Annual Dues! another family member, over the past original purchase price back -- plus three years I’ve done 26 loans for these they can roll in the closing costs,” said www.investorsRewards.com folks.” He laughed. “They must be Bighaus. And, he added, lenders can pretty happy with me.” utilize the appraised value to drive the loan-to-value ratio. “That obviously maximizes things for the borrower, because when they’re out there looking at property with cash in hand, they’re going to get a little better deal We have experienced advisors to answer your in a lot of cases.” financial and investment questions... By being able to utilize the l 1031 Exchange properties available appraised value, if there’s a little equity in the property -- if they buy Register for our next Investment Strategies Workshop it, say, for $50,000 and it’s worth hosted by Tweed Financial Services, Inc. $80,000 -- Bighaus said they can Call 800-526-1599 ext. 106 or enroll online: www.TweedFinancial.com Rusty Tweed capitalize on that and minimize what Meal included, provided by our sponsors. Seating limited to experienced Certified Estate Advisor investors. Reservations required. they personally have invested in the property. As with any real estate investment there are various risks, including but not limited to: “Theoretically they can continue illiquidity, limited transferability, and variation in occupancy which may negatively impact to keep turning their money,” said cash flow, and even cause a loss of principal. Real Estate values may fluctuate based on Bighaus. economic and environmental factors and are generally illiquid. This does not constitute as an offer to buy or sell any real estate, securities or insurance. Such offers are only made by Part of the industry’s “new Financial & Estate Planning prospectus which should be read thoroughly and understood before investing. Prospectuses will traditionalism” means going back for Real Estate Investors be available at the workshop. CA Insurance License #OB13052. We do not provide tax or legal to lending fundamentals; that’s an [phone] advice. Securities products offered through Concorde Investment Services, LLC, member FINRA/ 2060 Huntington Drive, Suite #1 arena where seasoned mortgage SIPC. Advisory services offered through Tweed Financial Services, Inc., a registered investment San Marino, CA 91108 advisor. Tweed Financial Services, Inc. is independent of Concorde Investment Services, LLC. professionals like Bighaus truly help Back to Basics, pg. 22 Close your loan in as little as 30 days! Attention Investors: Global Network Over 150,000 Points Acceptance 160+ Million Produc 2.6+ Million Membe 850+ Employees www. Investor Reward_rev.indd 2 Investor Reward_rev.indd 1 Looking for ways to increase your investment income? Realty411Guide.com PAGE 85 • 2014 reWEALTHmag.com