Private Lender Secrets

Diana Olicks latest column puts principal writedown in perspective: The government is officially giving borrowers back home equity.

Yep, somewhere between $35 and $50 billion worth. Of course weve all lost over $5 trillion, but whos counting? Lenders still arent required to do it, but theyre going to get an awful lot of taxpayer-funded incentives to do it¦Lets face it, the underwater issue (that is borrowers owing more on their loans than their homes are worth) is now far bigger than the subprime issue and the unemployment issue. Yes, its concentrated heavily in five states, but it still manages to plague home prices nationwide. People are walking away in greater numbers than ever before, and people who want to stay are unable to get into modification programs because of their overwhelming negative equity.

Private Lender Secrets
Mike Warren reveals the unlimited amount of money you can make in real estate using hard money and lenders and forgetting about banks, flipping laws or brokers.

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Finding private lenders for real estate is necessary for house flipping if you want to do multiple flips. Heres how to find them.

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