שלום לכל כרישי הנדלן, אני מחפש mortgage broker כדי לסדר את ההלוואות של שני בתים…

Why Do We Need a Real Estate Broker Anyway & The 3 Golden Rules for Successful Investing – Rinat Reuveni Lerner – Entrepreneur of the Week – Post 5+6

#EntrepreneuroftheWeek #RealEstate #Flips #BuyAndHold #BRRRR #Mortgage #Investors #RiskManagement #NewConstruction #Ausin #Texas

What to do, we have to admit, in our eyes, the Israelis, a realtor is the one who makes you happy for exclusivity, shows the house, takes a commission and disappears – it may be that many realtors honestly earned the degree, but as in many professions, there are the very good and there are those, ” You make a bad name for the profession. ”
Many Israeli customers and investors are shocked when I describe to them the process of buying a property in Texas (I emphasize ‘Texas’ and not the United States because the US brokerage license is per state), it is so much simpler than in Israel, and also safer and faster – and for the whole business This one here wins… you guessed it… the realtor! (Sound of trumpets).
There is a big difference between the “job definition” of an Israeli and an American broker.
The broker here has a great responsibility towards his client, the accompaniment is throughout the process. He is responsible for locating and finding the property, visiting the property, filming a video or live video, issuing Comps (rental prices and sales in the area), drafting the contract (in Texas you do not need an attorney to buy a real estate property), signing, bidding, Negotiations with the other broker, improving the offer if necessary, coordinating and managing the inspection (home inspection), negotiating with the sellers on the findings, help financing the project with the lenders, types of mortgages, help with the title company… On each of these issues you can write an entire post .
And if all goes well (no onion) – managing the closing where money is transferred and the property is registered in the title in the name of the buyers.
Only (!) At this point the broker actually receives his commission from the seller – that is, the investor (buyer) does not pay his broker anything. Nothing.
There are very rare cases where the seller is not willing to pay a commission to the agent and it will usually be known very early in the transaction stages – then, there will be cases where the broker will ask his commission from the buyer (it has not happened to me, tap, tap ..) but again, all parties knew it In advance and there is full transparency as to who pays to whom and how much.

All of the above are different in commercial (commercial) transactions – a different type of specialization… for another post…
The role of the realtor is to find you a property that suits you, your needs, your goals, no matter how much effort it will require. A good broker will also tell you what not to buy and what to stay away from – and I have already seen deals that exploded two days before closing because there was no proper disclosure or “new details” were discovered.
Every broker must be connected to a real estate broker, the broker is in fact the body that takes responsibility for the broker’s activities, insures him and also shares a commission with him. It is very important to ask the broker who his broker is and whether there is a serious company behind it because when things get complicated (and veteran forum readers know this well) you want a strong body with experience on your side and not someone who will disappear.

Continue reading on our site:
Post 5:
https://en.www.forumnadlanusa.com/2021/08/so-why-do-i-even-need-a-mediator-rinat-reuveni-lerner/

Post 6:
https://en.www.forumnadlanusa.com/2021/08/my-three-golden-rules-and-where-should-one-invest-who-wants-a-better-future-rinat-reuveni-lerner/

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If you are interested in Real Estate financing at the best rates for Foreign Nationals or Americans, we have an auction platform where hundreds of lenders compete on your loan!
www.NadlanCapitalGroup.com

Our YouTube Channel:
http://bit.ly/2GMQPB5

If you are interested in Real Estate Courses, Mentoring, Deal Analysis Report for a purchase you are about to do or an educational membership go to:
www.ForumRealEstateUSA.com
You can contact us on the site – we have more than 10,000 articles in 12 languages:
www.ForumRealEstateUSA.com

Or join the Facebook group –

Hebrew:
http://bit.ly/2IfAAxH

English:
https://bit.ly/3bCvwQb

And get weekly educational updates about the USA Real Estate market:
https://bit.ly/2RjMwUF

Contact Us At:
https://www.forumrealestateusa.com/
Phone: 978-600-8229
Email: [email protected]

The Bank’s Considerations in Providing a Loan to a Private Customer – Avishai Vermouth – Entrepreneur of the Week – Post 1+2

#EntrepreneuroftheWeek #RealEstate #Flips #BuyAndHold #BRRRR #Mortgage #Investors #RiskManagement #NewConstruction #Loans #Banks

When I started as an investor, the equity available to me was only NIS 100 and I raised everything else from the bank on a regular loan (SOLO loan).
I did not have any collateral or study funds to rely on, and the reason I was able to do so is only because I worked for 4 years at Bank Leumi in the field of private credit and I know in depth the bank’s credit considerations. Thus, I knew how to adjust my data to the conditions set by the bank.

Once you are familiar with the bank’s basic system of credit considerations, you can actually know in advance whether the bank is at your disposal and if so, more or less on what terms and what should be presented to the bank at the meeting where you apply for a loan.
Before we dive into the explanations, let’s start with an important tip – I want each of you to open his bank’s app for a moment and look at the lending category, if he has a suggestion there for what the banks call “automatic credit” or “click credit”.
Sometimes the bank’s system opens to the customer an automatic option to take a loan, which is immediately transferred to the bank account without the need for a bank approval or the branch. What is interesting here is that sometimes the terms of these loans can be completely not bad. * It is important that you pay good attention to interest rates because sometimes these are murderous and irrelevant interest rates and sometimes the interest rates are good interest rates.
After the tip, go to the main point:
So what are the bank’s considerations in providing an all-purpose loan to a private customer, which is not given against guarantees and collateral?
(* Such a loan that is given not against the provision of guarantees or collateral, but based on the customer’s condition and according to the bank’s considerations is called a SOLO loan).

The bank examines the provision of credit to the customer according to the following 5 criteria:
1. The nature of the customer – By and large, the bank wants to see that it is dealing with an ordinary normative person
2. Client capital and collateral – It is important to note that even if you do not have capital or collateral, this does not mean that it is impossible to get a loan.
3. Ability to repay – this is the critical part and I will expand on that here
4. Seniority in the bank and proper banking conduct
5. Customer age
In my explanation, I want to address the repayment capability parameter, which I think is the most important because once you know it and can calculate it yourself, you will understand where you stand in terms of the bank and whether you deserve a loan or not. That is, you will be able to understand more or less how much you can get and maybe you will also be able to make some small changes in the management of the account, which will allow you to get a loan exactly on the terms you are aiming for.
So how does a bank calculate a customer’s ability to repay a solo loan?
The key, according to which the banks work, is that the total fixed expenses will not exceed 40% of the total disposable income.

Continue reading on our site:
Post 1:
https://www.forumnadlanusa.com/en/2021/08/entrepreneur-of-the-week-avishai-vermouth-post-1/

Post 2:
https://www.forumnadlanusa.com/en/2021/08/the-banks-considerations-in-providing-a-solo-loan-to-the-private-customer-avishai-vermouth/

—————————————
If you are interested in Real Estate financing at the best rates for Foreign Nationals or Americans, we have an auction platform where hundreds of lenders compete on your loan!
www.NadlanCapitalGroup.com

Our YouTube Channel:
http://bit.ly/2GMQPB5

If you are interested in Real Estate Courses, Mentoring, Deal Analysis Report for a purchase you are about to do or an educational membership go to:
www.ForumRealEstateUSA.com
You can contact us on the site – we have more than 10,000 articles in 12 languages:
www.ForumRealEstateUSA.com

Or join the Facebook group –

Hebrew:
http://bit.ly/2IfAAxH

English:
https://bit.ly/3bCvwQb

And get weekly educational updates about the USA Real Estate market:
https://bit.ly/2RjMwUF

Contact Us At:
https://www.forumnadlanusa.com/en/
Phone: 978-600-8229
Email: [email protected]