COMMERCIAL LENDING NEWSLETTER
You are receiving this letter because you are one of my Spartans - my top-producing brokers and investor clients - of which I am allowed 300. Removal instructions are below. Today we'll talk about discounted notes. And, of course, like always, we have lots of cute, clean jokes, several funny pics, and an interesting video for you.
Joke Du Jour
An Englishman, a Scotsman, an Irishman, a Welshman, a Latvian, a Turk, a German, an Indian, an Iranian, a Bahamian, a Saudi Arabian, a Syrian, an Egyptian, an Armenian, several Americans including a southerner, a New Englander, and a Californian, an Argentinean, a Dane, an Australian, a Slovakian, an Egyptian, a Japanese, a Moroccan, a Frenchman, a New Zealander, a Spaniard, a Russian, a Guatemalan, a Colombian, a Pakistani, a Malaysian, a Croatian, a Uzbek, a Barbadian, a Cypriot, a Pole, a Lithuanian, a Chinese, a Sri Lankan, a Lebanese, a Cayman Islander, a Ugandan, a Vietnamese, a Korean, a Uruguayan, a Czech, an Icelander, a Mexican, a Finn, a Honduran, a Panamanian, an Andorran, an Israeli, a Venezuelan, a Fijian, a Peruvian, an Estonian, a Brazilian, a Portuguese, a Liechtensteiner, a Mongolian, a Hungarian, a Canadian, a Moldovan, a Haitian, a Norfolk Islander, a Macedonian, a Bolivian, a Cook Islander, a Tajikistani, a Samoan, an Armenian, a Aruban, a Tahitian, an Albanian, a Greenlander, a Micronesian, a Virgin Islander, a Georgian, a Bahaman, a Belarusian, a Cuban, a Tongan, a Cambodian, a Qatari, an Azerbaijani, a Romanian, a Chilean, a Kyrgyzstani, a Jamaican, a Filipino, a Ukrainian, a Dutchman, an Ecuadorian, a Costa Rican, a Swede, a Bulgarian, a Serb, a Swiss, a Greek, a Belgian, a Singaporean, an Italian, a Norwegian, a Latvian and 47 Africans walk into a very fancy restaurant....
"I'm sorry," said the maître d', scrutinizing the group one by one and barring their entrance. "but you can't come in here without a Thai.”
Hokey Pokey Isn't Harmless...It's A Gateway Dance
Private Money Commercial Loans Nationwide From
$100,000 to $2.5MM
Is your client's commercial property partially vacant? Do you need a lender who will allow the seller to carry back a second mortgage? Does your client have a balloon payment coming due on his commercial property? Has your bank offered him a discounted pay-off? Does your borrower have less-than-stellar credit? We make slightly scratched and dented commercial loans.
Our hot, new product is a blanket loan against a portfolio of rental homes. Rental homes? Yup, as long as there are at least five homes or units, we consider this to be a commercial loan. We even offer a partial release clause. This loan is ideal for speculators.
Here is our latest rate sheet.
Blackburne & Sons is looking for commercial real estate loans that are not quite clean enough for a bank. Please click here to submit a hard money commercial loan or call me, Tom Blackburne, at (574) 210-6686.
In Mexico authorities captured the world's most wanted drug kingpin. He was hiding in a tiny little apartment. It was very anti-climactic. It was like Scarface saying, "Say hello to my little . . . kitchenette." -- Craig Ferguson
Please Bring Us Discounted Notes
Blackburne & Sons is competing this month to buy a $3 million first mortgage note from a bank. Why buy the note? Why don't we just refinance it? Sometimes there are junior lien holders which refuse to subordinate to our new first mortgage. By buying the entire first mortgage note, we avoid disturbing the second mortgage holder, the judgment debtor behind us, or the tax lien behind us, etc.
Walking up to a department store's fabric counter, a pretty girl asked, "I want to buy this material for a new dress. How much does it cost?" "Only one kiss per yard," replied the smirking male clerk. "That's fine," replied the girl. "I'll take ten yards." With expectation and anticipation written all over his face, the clerk quickly measured out and wrapped the cloth, then teasingly held it out. The girl snapped up the package and pointed to a little old man standing beside her. "Grandpa will pay the bill."
New Apartment Program for "A" Deals
Because we have been in the commercial mortgage business for over 33 years, and because we own CommercialMortgage.com, Blackburne & Sons has been allowed to join just five other mortgage bankers to offer an incredible new apartment loan program for "A" quality deals. These loans close in our name and are sold to an institutional investor which purchased almost $400 million in apartment loans last year.
The rate is adjusted according to the desirability of the property and the area, but it starts at 3.87% and 1 point for a 30-year fully-amortized loan. For more details, please call Tom Blackburne at (574) 210-6686.
"Speaking of medals, the United States hockey team had no trouble getting through the airport metal detector." -- David Letterman
Too Busy to Broker Commercial Loans to Us? Why Not Just Refer Them Instead? We Make It Easy!
We once paid a $21,250 referral fee. Here is our referral fee program.
Richard Branson's Jurassic Park Video
Near-extinct animals are thriving on his private island.
On a Personal Note
All my life I have loved animals and have always dreamed about volunteering at the zoo. Just a few months ago I finally got my chance. After some brief training and a Q & A session, I was given a black trash bag and a poop-scooper and tossed out into the tiger enclosure! The tigers were in their cages, but I always wondered why the zoo keepers were so insistent that I kept my distance from them. Last weekend, I finally learned why. As I was absent mindly searching for poop to scoop, I got "claimed" by the eldest female tiger via a urine-like stream right into my chest and face. No one warned me that even female tigers scent mark! The trainers sure thought it was funny and I suspect was not warned intentionally...haha.
But hey, despite the smell of cat urine all over me, it was still a memorable experience. Not everyone can say they've been peed on by a tiger!
Don't Forget About C-Loans.com
We have a whole new crop of hungry commercial lenders on C-Loans, so if you have a commercial loan you're trying to place, it takes just four minutes to submit your deal to 750 commercial lenders. And remember, C-Loans.com is free!
This situation in Kiev, in the Ukraine, is still a big story. They overthrew the government, and then a scared President Viktor Yanukovych went on the run. Now Russia has granted protection to Yanukovych. As soon as Edward Snowden heard that, he said, "Top bunk!" -- Jimmy Fallon
Double Your Income as a Commercial Mortgage Broker - Brand, New, Free Course For Veterans
If you enter two bona fide commercial loan applications into C-Loans.com, we'll give you George's latest training course for free. George considers it his masterpiece. Five hour audio training program entitled, The Practice of Commercial Mortgage Brokerage - How to Fix Your Commercial Mortgage Business If You're Just Not Making Any Money.
DRE# - 01919403
BLACKBURNE & SONS REALTY CAPITAL CORPORATION
4811 Chippendale Drive, Suite 101
Sacramento, CA 95841
Phone: (574) 210-6686
Fax: (916) 338-2328
a Mortgage Web Site? Earn $5,000 Referral
Fees in Your Sleep!
the C-Loans Blog
up lots of great commercial brokerage practice tips
Click here and bookmark it.
Service Your Own Loans
4-Hour Video Course, How to Find Your Own Private Mortgage Investors - Just $499
Click here for details
to Broker $10MM Commercial Deals.
9-Hour Video Program Including Marketing, Underwriting,
Packaging, Placement and Fee Collection. Just
details, click here or
call Mick Carlson at 574-855-6292
Loans to C-Loans By Hand and Earn Huge Referral
input the email address of a borrower or broker
and earn one-eighth of a point at closing!
That's $1,250 for a $1 million loan. Click
Our Training Course Includes Over 60 Minutes on Fee
Collection. No One Has Collected From More
Lying, Deadbeat Borrowers Than George. You
Can Order the Fee Agreement and Collection Training
Separately for $199.
Mick (574) 855-6292 or email him at email@example.com
Just $2 to $3 Each
37.5 Bps on Closing.
Click Here for More Details