It's time for the ATX Dealblender! We're hosting the "Dealblender!!", starting at 6:30 PM. This Speed Networking Event will be an informal event with light snacks and a cash bar. In addition to our usual networking and with the goal of giving back to the community, we are pleased to announce that we will be hosting a canned food drive. All cans will benefit Capital Food Bank, a great cause and a great way for our friends and peers to give back to the community. This event will be held in the usual philosophy of providing informal meeting environments with the goal of helping investors/business owners to network with and learn from others. Meeting format: • 6:30: open networking (and appetizers provided by sponsors) • 7:00: sponsor presentations • 7:30: Deal Pitching and find partners • 7:45: speed networking Theme is "ASK THE EXPERTS" Bring your investing questions answered in an open forum. Find out the specifics to bring more $$$ to you bottom line. Presentation Topic: Q&A With Our Experts and Sponsors! Thank you to: QuestIRA: Helps change people’s lives & financial future through self-directed IRA investment education so they are free to invest in what they know best and build their financial future on their own terms. ListingSpark: List, Market, and Sell Your Home For $7 a Day ... Find Out How You Can Save Thousands Jared Raia: He is currently lending on non-owner-occupied properties. I am not a broker, I use only my own capital and take no points on loans. Because of this, we can close very quickly with no red tape. Qualification is not dependent on credit score, it's all collateral based. All he really needs to know is that the borrower has a good exit plan and Jared will come and do a physical inspection himself (I know a lot of these place are gut-jobs, so I'm not looking for much, often just to see that it's standing on the lot indicated). Assuming a clear title and first position, we can go forward with the loan. The only fee involved is my lawyers fee for title work, escrow and writing up the paperwork. I have lent to flippers, rehabbers, landlords who are looking to season their property until they can get traditional bank financing and business owners. He usually has a 6 month minimum term on his loans but in the current market I am finding that a lot of investors are expecting to turn a property over much faster, so I am open to other arrangements as well. As far as max term, since I don't take points up front, I'm not eager to flip loans again and again so I can offer longer max terms to provide a safety net for investors in case they hit a road block in their project. Payments are interest-only until the principal is returned. Those are the basics, if you have any further questions or have any deal on the table you'd like to discuss, please let Jared know. About the Event: Our meetings focus on NETWORKING in a fun and social atmosphere! Networking is one of the main keys to building your business. It only takes one person, one opportunity, and one deal to change your life! We sincerely appreciate everyone’s support of and interest in the ATX Dealblender and we look forward to seeing you at the event.
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