Houston Business Journal Recognizes New York Mutual Investor Lender!

Today the Houston Business Journal recognized New York Mutual president, Steven Kaufman, for his work with Zeus Mortgage and New York Mutual for being one of the fastest growing real estate investor lenders in Houston, Texas.

http://www.bizjournals.com/houston/potmsearch/detail/submission/4570701/Steven_Kaufman?l=&time=&ind=&type=&ro=13

The Baldest Guy in Houston!

How to Buy 10 Homes in 10 Months with only $10,000

How to Buy 10 Homes in 10 Months with only $10,000

On April 14th and 15th I will be leading a course at the Realty Investment Club of Houston (The RICH Club) in Houston, Texas.

This course is designed for new and experienced real estate investors who desire rapid acquisition with limited capital resources. We spend six hours over two nights exploring the strategies investors need to purchase 10 homes in 10 months with only $10,000.

The course is designed to allow investors to purchase more or less homes in more or less time depending upon their specific investment objectives. An investor does not need the $10,000 to start, but they do need access to these funds. A fundamental rule of real estate investing is "conservation of capital". We encourage investors to have available cash reserves when they start investing, but many start without this.

Cash is King! Or is it? This course teaches you strategies to fund your real estate portfolio. Whether you are flipping, buying and holding or considering niche opportunities like Notes, owner-financing, multifamily, commercial or other, knowing how to leverage your money is key.  

-Steven Kaufman, president of New York Mutual and Zeus Mortgage

By the end of this class you will be able to:

1. Develop a personalized strategy to fund your preferred method of investing.

2. Calculate Return on Investment (ROI), cash-on-cash returns, and other formulas for investors.

3. Locate traditional and non-traditional funding sources such as; self-directed IRAs, private money, hard money, banks & credit cards.

The RICH Club (The Realty Investment Club of Houston) is the oldest and largest non-profit trade association for real estate investors in the United States. By the way, you don't have to be rich to attend The RICH Club. You come to The RICH Club to educate yourself on real estate investing. www.RICHclub.org

To register for this course visit this link:

http://richclub.org/Events.aspx?ID=10-Houses-with-10k-in-10-Months-29-4-14-2015

Members of RICH only pay $199 | Non-Members only pay $249

This is the highest attended, paid course, that The RICH Club offers.

Houston Hard Money Lenders for Houston Real Estate Investor Lenders. 

Houston Mortgage Interest Rate Update

Question: Can you offer me any feedback to what interest rates are doing right now?

Answer: Mortgage interest rates are continuing to rise, but at a slower pace than previously predicted, and occasionally a week or more goes by without an increase in rates. There are even brief periods when rates decline. At this writing, the average rate for a 30-year fixed-rate mortgage is 3.78 percent - reflecting a slight decrease over the last couple of weeks.

Many home buyers and those who want to refinance their existing mortgage are taking action now to avoid higher rates and monthly payments in the future. The strong pace of home sales this year will combine with very strong home price appreciation to propel new purchase mortgages to much higher levels.

Another interesting development in the current mortgage market is the spread in interest rates between the 30-year fixed-rate mortgage and the adjustable-rate mortgage (ARM). That's making ARM loans much more attractive and popular with today's mortgage applicants.

For current long-term interest rates visit: www.askzeus.com

For short-term alternative lending rates visit:  www.nymutual.com  

Future Houston hard money lenders and alternative lending updates are coming!