You are receiving this letter because you either wrote to us or you are a commercial real estate broker client of either Blackburne & Sons or C-Loans, Inc. Today you'll learn just how much wonderful leverage you can get if you want to start flipping houses. We also have lots of cute, clean jokes, some funny pics, and a hilarious video taken on Southwest Airlines.

Joke Du Jour

Recently, I called to make reservations on a small charter plane that departs from Teterboro Airport in New Jersey. I knew that I would be flying in a very small plane, so I was not surprised when the clerk said, "The plane is very full with baggage and passengers." Then she asked, "How much do you weigh, sir?" Not thinking clearly, I answered, "With or without clothes?" "Well," said the clerk, "how do you intend to travel?"

Meet Mrs. Captain Jack Sparrow

Now Hot-To-Trot To Make Fix and Flip Loans

Blackburne & Sons is making a huge push into fix and flip lending. Of course we will still make our private money permanent loans on commercial properties nationwide; but we are now also looking to make fix and flip loans in most states across the country.

Please click here to submit a fix and flip loan or a private money commercial loan or call me, Tom Blackburne, at (574) 210-6686.

Einstein Joke

"I saw that one hundred years ago this month, Albert Einstein presented his theory of General Relativity, which explains how gravity works. And it also marks the last time someone actually meant it when they said, 'Way to go, Einstein.'" -- Jimmy Fallon

Private Money Commercial Permanent Loans Nationwide From $100,000 to $3.5MM

Do you need a purchase money lender who will actually go to 75% loan-to-value? Banks never actually close deals at 75% LTV. Blackburne & Sons has decided to compete against banks by being far more aggressive on loan-to-value ratio. We are very bullish on commercial real estate.

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? Is your client's company losing money? Is your borrower a foreign national?

Do you need a non-recourse loan? Do you need a commercial loan with no prepayment penalty? Is your client's commercial property partially vacant? Do all of your commercial leases run out in the next 18 months? Do you need a lender who will allow a negative cash flow? Do you need a lender who will also look at the borrower's global income - income from salaries, other investments, etc.? Do you need a loan against a portfolio of single family homes?

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 private money commercial loan or call me, Tom Blackburne, at (574) 210-6686.

Wedding Cake Joke

"A piece of wedding cake from Donald and Melania Trump's wedding is currently up for auction. The 12-year-old piece of cake is being marketed as a rare collector's item. This piece of cake is expected to go for over $1,000. What a rip-off. If I want to eat a 12-year-old piece of cake, I'll go to the liquor store and buy some Twinkies, like a normal person." -- James Corden

Fix and Flip Financing

You can get amazing leverage on fix and flip financing these days.

Fix and flip lenders, including Blackburne & Sons, will loan you 80% to 85% of the cost of the dilapidated house, plus 100% of the cost of the renovation, plus a four-month interest reserve.

Quite frankly, it's a helluva deal. Few other industries offer this kind of leverage. If you are not already flipping houses, it is something that you should consider.

I just wrote a wonderful article that explains everything you need to know about fix and flip financing.

My blog also has a number of very helpful articles about fix and flip financing. All of my 400 blog articles are free training lessons in commercial real estate finance. If you want to become a more successful broker, be sure to subscribe to my free blog.

Turkey Joke

Some people really love Christmas, but I love Thanksgiving. Last year, I had my chance to do the traditional thing of shooting my own turkey for Thanksgiving. Man, you should have seen the people scatter in the meat department!

Only Blackburne & Sons Can Do This:

Blackburne & Sons has some truly unique and super cool programs:

1. We'll give you a bridge loan on your commercial property for only one point! There is no prepayment penalty.
   
   
2. We allow sellers to carry back a second mortgage behind our first mortgage.
   
   
3. We will actually lend up to a 75% loan-to-value ratio. Banks claim they will lend up to 75% LTV, but in real life they will only go 68% LTV.
   
   
4. We offer private money (loosey-goosey underwriting) commercial loans with a 15-year term. Our competitors offer 2- to 3-year bridge loans. We offer 15-year permanent loans with no prepayment penalty. Never again will you have a balloon payment come due during a recession.
   
   
5. We have a terrific apartment permanent program that can compete with agency loans.
   
   
6. We buy commercial first mortgages (usually at a discount).
   
   
7. Instead of discounting your wonderful commercial first mortgage, consider pledging it as collateral for a smaller loan. This is called a hypothecation. We make loans secured by mortgage notes owned by the borrower.

Aspirin Joke

A man brings his wife a glass of water and two aspirins. She looks surprised and says, "I don't have a headache!"

He says, "Aha!"

Free Copy of the Blackburne List

The Blackburne List is a list of over 2,500 commercial lenders located nationwide. We just spent almost $30,000 and three months updating this list.

The Blackburne List is available for purchase for just $79.95. Is money tight? You can also buy one of our three Regional Lists (750+ lenders) for just $39.95. But why spend money at all?

We will trade you one of our three Regional Lists for the contact information of just one banker making commercial real estate loans. If you refer us three bankers, you will own the list for all three regions. Together you will own the entire Blackburne List.

There is another way that you can access The Blackburne List. Our newest portal, CommercialMortgage.com, is an online way to search the entire Blackburne List for the 30 lenders most suitable to make your loan. Use of CommercialMortgage.com is also 100% free!

Hey There, Big Boy. Do You Come Here Often?

Kindergarten Joke

On the first day of school, the kindergarten teacher said, "If anyone has to go to the bathroom, hold up one or two fingers." A little voice from the back of the room asked, "How will that help?"

Sweet Apartment Program for "A" Deals

Blackburne & Sons has an incredible apartment loan program for "A" quality deals. 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 fixed rate, 30-year fully-amortized loan. For more details, please call Tom Blackburne at (574) 210-6686.

Stikkup Story (True)

In San Francisco, a man, wanting to rob a downtown Bank of America, walked into a local branch and wrote, "this iz a stikkup. Put all your muny in this bag." While standing in line, waiting to give his note to the teller, he began to worry that someone had seen him write the note and that they might call the police before he even reached the teller window. So he left the Bank of America and crossed the street to Wells Fargo.

After waiting a few minutes in line, he handed his note to the Wells Fargo teller. She read it, noticing all of his spelling errors. She quickly surmised that he wasn't the brightest light in the harbor. Then she told him that she could not accept his stickup note because it was written on a Bank of America deposit slip, and that he would either have to fill out a Wells Fargo deposit slip or go back to Bank of America.

Looking somewhat defeated, the man said "OK" and left. The Wells Fargo teller then called the police who arrested the man a few minutes later, as he was waiting in line back at Bank of America.

Do You Need a Commercial Loan Right Now?

If you need a non-prime, subprime, or slightly-flawed commercial loan, simply complete this super-easy mini-app to Blackburne & Sons.

If you need a bank-quality commercial mortgage loan right now from a life company, commercial bank, or conduit, you should enter your deal into C-Loans.com.

If you still can't find a commercial lender using C-Loans, then try CommercialMortgage.com.

Please keep in mind that the 3,159 commercial lenders on CommercialMortgage.com are different than the 750 commercial lenders on C-Loans.

Please come visit CommercialMortgage.com right now and take it for a free test drive. You do NOT need a real life commercial loan request. Just enter a dummy loan to see how it works. You will be impressed.

Beer Run Story - True

Arkansas: Seems this guy wanted some beer pretty badly. He decided that he'd just throw a cinder block through a liquor store window, grab some booze, and run. So he lifted the cinder block and heaved it over his head at the window. The cinder block bounced back and hit the would-be thief on the head, knocking him unconscious. Seems the liquor store window was made of Plexi-Glass. The whole event was caught on videotape.

One-Point Commercial Bridge Loans

Suppose you have listed a commercial property for sale, and the seller is getting antsy. You can often hold him off long enough to find a buyer by getting him a bridge loan. Blackburne & Sons offers a six-month bridge loan for just one point and no prepayment penalty. Please click here to submit a commercial bridge loan mini-app or call me, Tom Blackburne, at (574) 210-6686.

I'm Not a Wino, I'm Not!

Dear Abby

I have a man I never could trust. He cheats so much, I'm not even sure this baby I'm carrying is his.

Two Ways To Earn Referral Fees For Commercial Loans - We Once Paid $21,250.

This one is an absolute no-brainer. You simply put a link to C-Loans.com on your real estate website. We once paid a $21,250 referral fee to a guy who was asleep when the lead came in! Here are the details.

You can also referral commercial loans by hand. Here is our referral fee program.

Funny Video

Southwest Airlines flight attendants really have fun with their pre-flight safety instructions.

On a Personal Note

For about half of my life, I have lived in Indiana.  Over the years, I have grown somewhat used to the cold, snowy winters.  I still cannot tell you whether I prefer Indiana snowfall over northern California rain, but I do know making a snowman, throwing snowballs, and a white Christmas are things I always look forward to year after year.  That being said, here in Indianapolis it is currently 53 degrees in late November.  Bright and sunny, with no snowfall to be found.  We've experienced one of the hottest Novembers in recent history.  I do not know if this is a result of rapid global warming or simply a cyclical heat front, but I fear I may not get my white Christmas this year.  Please send me more deals so that I will be blissfully distracted from this unusual weather!

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!

Final Funny - An Oldie But Pretty Funny

"A professor from U.C. Berkeley said we are on track for having the worst drought in 500 years. You can tell this drought is getting really bad. Today at lunch, my waiter asked if I wanted a glass of water or a future for my children. I took the water." -- Conan O'Brien

Contact Information

4811 Chippendale Drive, Suite 101, Sacramento, CA 95841 Telephone: (574) 210-6686 * Fax: (916) 338-2328
Real Estate Broker -- California Bureau of Real Estate -- License Number 829677