Tips & Traps From Ron’s Book, Getting To Yes With Your Banker June 2013 Tip No. 8 – Keep Your Loan Amount Private – Save Taxes! Whenever you finance a piece of property, the deed of trust becomes part of the public record. The dollar amount of your loan is listed on that deed. The
Tips & Traps from Ron’s Book, Getting To Yes With Your Banker December 2013 Tip No. 15 – Get New Money on Existing Loans On real estate loan, you can’t get new money after the loan is fully funded in most states. Let’s look at what that means: Say you get a $500,000 loan
Tips & Traps From Ron’s Book, Getting To Yes With Your Banker July 2013 Tip No. 10 – Don’t Stew Over a Boilerplate Who doesn’t hate boilerplate in legal documents? Just trying to read through all the fine print seems to take days. It’s an eye test! Here’s the bottom line on boilerplate: It isn’t