SPONSORED Wouldn’t it be great to be able to close a loan for your customer even if they are denied? Sounds too good to be true! But now you can through Trio’s OwnOption Mortgage. Three years ago, Trio launched its OwnOption Mortgage product with a select group of lenders with the sole purpose of...
Month: May 2020
RCN Capital Resumes Funding
RCN Capital has resumed funding for both short-term fix-and-flip loans as well as long-term rental loans for non-owner-occupied residential properties. RCN is one of the first private lenders to re-enter the space with a full suite of financing options geared towards real estate investors. "As the...
Which U.S. Housing Markets Are Most Vulnerable to Coronavirus Impact?
Nearly half of the 50 most vulnerable counties are in New Jersey and Florida. ATTOM Data Solutions released a special report on April 7 spotlighting U.S. housing markets at the county level to show which areas are more vulnerable to the impact of the coronavirus pandemic. According to the report,...

From Boots to Suits and Back Again
When I graduated college, I realized I had a choice: suit and tie or construction boots. I chose the latter. Subconsciously, this may have been my first step toward becoming an entrepreneur and eventually the founder of Walnut Street Finance. I wouldn’t say that my career path was always a...

The CARES Act and Your Retirement Investing
The coronavirus stimulus could mean good things for your retirement accounts. When President Trump signed the $2 trillion coronavirus relief package into law March 27, 2020, most people’s attention was squarely on the small-business relief loans, the COVID-19 stimulus checks and how they might...

Regional Spotlight: Columbus, Ohio
In Uncertain Times, the Columbus Market Holds Steady Just a few short months ago, at the end of 2019, real estate investors talking about Columbus, Ohio, would likely have mentioned the city’s Top 20 ranking as a business-friendly environment, its highly educated workforce, a local government...

Old-Fashioned Standards, Modern-Day Success
Fay Servicing CEO Ed Fay believes every good relationship is long-term and evolutionary When Ed Fay, founder and CEO of Fay Servicing, discusses best practices in mortgage servicing, he likes to talk about the “something old” his company offers customers and clients. “We are about ‘old-fashioned’...

Digital Certified Funds Automate Rent Payments
Digital innovations in property management reduce the risk of late payments and chargebacks. Landlords have long required new residents and those with a history of late payments to pay with money orders and cashier’s checks. Both are known as certified funds. Now, with the help of real-time...

SFR in the Age of Covid-19
How the coronavirus could impact the single-family rental market At the start of 2020, the future was very bright for the single-family rental market. Rental demand was growing, and real estate investors had a clear and immediate opportunity to make money in the coming year. Tight rental inventory...