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10 Reasons to Finance Your California Bay Area Real Estate with Jason Wheeler and C2 Financial Mortgage

August 18, 2010 By 4 Comments

Posted by Jason Wheeler | Fully Follow Me | Subscribe

I’ve been helping people finance their real estate since 2003 and I’m very proud to announce my partnership with one of the premier Mortgage Companies in the entire United States!C2 Financial has been a premier broker since 2007 and with today’s volatile mortgage market C2 has the relationships with the lenders you need in order to make an informed decision on your next mortgage.

As a Mortgage Originator since 2003 my commitment is to help you find the best loan given your unique mortgage scenario with the most competitive pricing to rival any retail lender, and get your loan closed in a timely manner on weather you are in need to buy a home or refinance your current mortgage.

With over 60 strategic lending partners including Wells Fargo, US Bank, and many key private money partners just to name a few. We also are able to help with loans that have been rejected or declined from a traditional retail bank that adheres to the strict Fannie Mae and Freddie Mac Guidelines. Here are are ten reasons you should work with us on your next Mortgage Loan.

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  1. Key relationships with over 60 banks that lend in California like:
    • Wells Fargo
    • US Bank
    • Sierra Pacific Morgage
    • Flagstar Bank
    • Provident Funding
    • Coastal Lending Portfolio Lending
    • And many niche lenders that work outside the box
  2. Technology to shop your loan scenario with over 30 banks in 15 minutes
  3. Premier rating with the Better Business Bureau
  4. We have the ability to fund loans that don’t fit into tight Fannie Mae Freddie Mac Guidelines
  5. Personal service provided by a professional right in the CA Bay Area
  6. Consults and questions are always answered for free
  7. Rates that beat the National Average every day
  8. Experience through the tough economic times to close your difficult loan
  9. We work very close with Realtors and everyone on your team to buy your home
  10. Programs include Government FHA Loans, HARP Loans Conventional and Jumbo Financing

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I’ve built my business by serving my clients above and beyond so they will refer me to their friends and family for loans all over California. Client and family members don’t hesitate to testify to our dedication to get your financing.

So remember if you are looking to buy or refi your real estate in the California Bay Area most of the client we serve reside in San Francisco, Oakland, San Jose, Concord, Walnut Creek, San Leandro, Orinda, Lafayette, Pleasanton, Danville, San Ramon and Walnut Creek however we process loans as far as Los Angeles and San Diego. Investors and buyers in Placer County are also more than welcome to Contact Us for a free consult anytime.

Until Next time Here is to your success! Jason Wheeler

Filed Under: Articles, Featured, Local Real Estate News, Mortgage Tips, Reviews Tagged With: , , ,

$10000 & $8000 Home Buyer Tax Credit Extension in California | Get Approved Today

March 25, 2010 By 1 Comment

Come to an Event | Subscribe RSS Feed | 925-285-2172

California Tax Credit Extension | What You Need to Do to Recieve the Extended Funds in 2010


Great News for home buyers! Despite declining home sales for the entire first quarter of 2010 The CA house has decided to extend the home buyer tax credits. The Governor signed the bill in Fresno CA.

New California First Time Home Buyer Tax Credit Highlights How To Qualify

  • $200 million in funds available on a first come, first serve basis – could help over 20,000 home buyers
  • New homes for any taxpayer and new/existing homes for first time home buyers
  • “Qualified principal residence” means a single-family residence, whether detached or attached, that is purchased to be the principal residence of the taxpayer, is eligible for the homeowner’s exemption under Section 218, and has either never been occupied or is purchased by a first-time home buyer.
  • $10,000 tax credit or 5% of purchase price (whichever is lower)
  • Credit given in 3 payments to a taxpayer’s personal income tax returns over 3 year period

According to the San Francisco Examiner
The first-time home buyer tax credit extension and expansion has won Congressional approval and is on its way to President Barack Obama. He’s expected to sign the measure as early as tomorrow. The U.S. House of Representatives, this morning, voted 403 to 12 to pass the measure, following unanimous U.S. Senate approval yesterday. The measure was passed as part of unemployment benefits extension legislation H.R. 3548. The extension and expansion of the popular first-time home buyers tax credit gives both new and move-up buyers a tax incentive to buy a home until at least April 30, 2010, longer for military personnel.

So What Steps To Take in order to Receive the Home Buyer Tax Credit in California?

  1. Get in Contract on a Home – Before you can apply for the tax credit you must be in contract on a home. There are several steps you must take to be successful in finding and closing on a home in the California Bay Area and surrounding cities. The first step anyone should take in finding a home is find out how much you can afford without breaking the bank. Homes in the California Bay Area while very inexpensive relative to five years ago, are still very desirable and more expensive than many other places in the state or even in the entire country for that matter. The best way to find out what you can afford when buying a home is to get a referral or find a good qualified Mortgage Broker or Loan Officer in the local area that you plan to buy in. You can find a detailed how to step by step guide for buying a home at our 10 Essential Tips to Buying a Home in the California Bay Area!
  2. Apply For the State Tax Credit – You must fill out CA and Federal Tax Forms in order to receive the credit in a timely manner. You can learn more about and download the proper forms to receive the tax credit at the California Franchise Tax Board site.

Connect with Jason Online!

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Until Next time Here is to your success! Jason Wheeler 925-285-2172

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Filed Under: Local Real Estate News, Mortgage Tips, Uncategorized Tagged With: , , , , , ,

Making Money In Real Estate Investing | Getting Started Full Time or Part Time | Five Tips for Getting Started

February 12, 2010 By 11 Comments

 

 

Posted by Jason Wheeler | Subscribe

When I talk to people about how I got started in real estate investing they often assume they don’t have enough time or money…

The fact is that when I got started I was waiting tables 6 nights a week in the restaurant business, and my mortgage business was not doing very well.

The people that find success in real estate often start part time while they work a full time job. The important thing is to get started somewhere. The key is to build a base, learn everything you can and create some contacts and mentors. By no means do you need this to be a full time endeavor at first. All of these are the reason why you should attend one of our free events. You will have an opportunity to meet others experienced and novice that want to help you succeed. You will also gain knowledge that will empower you to take action on those first deals. Finally we can show hundreds of resources to create capital for your projects.

One of the biggest misconceptions is having the money to get started.

Right now I can introduce you to over 300 non traditional lenders that want to lend you money for your real estate deals! If you really have the drive to get started investing nationwide or just locally you must start somewhere.

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Here are a Few Things to Do to Get Started Part Time


  		1.

    Find a Mentor To Guide You: This is the first thing that you should do. Many mentors will help you but often not for free. That does not mean that you have to pay them a lot of money or get involved in an expensive coaching program. Often you can serve a mentor by offering your time, service in exchange to learn and ride his/her coat tails. So where can you find mentors like this?

  2. Attend Local Networking Events: Get online and search for your local Real Estate Investment Clubs or local events and Investor Forums where you can learn about opportunities and better yet network and meet people. You should not limit your networking to just real estate investment clubs. Check out groups like your local Chamber of Commerce, Rotary and BNI are also a great places to meet professionals that may refer you business and offer connections. A common misconception is that these groups don’t offer much to real estate investors. The fact is that they offer tons. Everyone is in real estate in one way or another. You either own or rent it and many are looking for ways to leverage it to get ahead and make money.
  3. Get Social Media Savvy: Start to utilize sites like Facebook, BiggerPockets and other social media to meet investors nationwide. Actually make these people into connections. Schedule phone meetings, ask questions and offer yourself to serve. You will be surprised who you meet. Most important you MUST create a website or blog. There are many ways to get this set up however if you want to be effective in your online marketing you must work with experts. Building a blog will create more business than you might imagine. You can get a site just like this one and customized to your business and style from the guys at Free Blog Factory. I’ve found if you look all over the internet you will not find better value in launching your social media endeavors.
  4. Be Consistent: Make a business plan. Treat it like a business and it will pay you. If you are starting part time you need to schedule some time each day, even if it is only two hours and dedicate that time to learning growing, meeting investors and business partners and prospecting for property.
  5. Find Property and Make Offers: The fact is you must take action. Once you’ve spent time learning and you have a solid mentor working with you, start finding property and making offers on real estate. Many area afraid to do so because they feel they can’t back out. This is not the case as you have inspection times and contract contingencies to get you out of the deal if it is not what you are looking for. Even if your first few offers fail the experience will boost your confidence and you will get better as you go.

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Patrick Esposito from Real Estate Pro Articles

Real Estate Investing: part time or full time?

When one gets the real estate bug, then it is logical to take this business to the highest level possible, as fast as possible. If you work full time at something, you will make more than if you worked part time. Right? All things being equal, probably. The standard rule of thumb is to start part time, and go full time when your part time income equals your current full time income. Most people who invest in real estate full time for a living have probably been doing this for a while, and have a reasonable income coming in. One of the great benefits of investing in real estate is that you could work at this part time, and still become wealthy over time.

When the time is right, you will know it. Don’t go at it full time, hoping to have a great year and make “good” money. People get involved in real estate to produce cash flow, yet if they quit their job to focus only on real estate, they are stopping their cash flow. Whether buying for long term rentals, or flipping for quick profits, you can make a substantial amount of money working part time. As you gain experience, you will develop skills to help you save time, and accomplish more. For example, you will know the right qualifying questions to ask. You will also be familiar with different areas, and will know which properties to follow up on, and which ones to pass on. You will be able to determine all of this without ever leaving your home.

Working full time can tend to put pressure on you to consistently do deals. Because of this, you may purchase properties that may be better to pass on. You become anxious to do that next deal, and even the mediocre ones start to look ok. They all have potential. You must know what you are doing. After all, you do this full time. Right? If you decide to invest in real estate full time, do not do it just to massage your ego. There are many ways to do that.

Build your base first. Your base consists of your experience, your knowledge, your motivation, your credit, your asset base, and your cash flow. All successful endeavors start with a plan, and short and long term goals. You may start part time, and have a goal to go full time after a certain amount of time. Build a strong foundation, which takes time, and your success is sure to follow. Remember to always be an informed investor. www.TheInformedRealEstateInvestor.com

Connect with Jason Online!

Facebook | Twitter | LinkedIn | Come to an Event

Until Next time Here is to your success! Jason Wheeler

 

 

Filed Under: Articles, Business Tips, Front Page, Real Estate Investing Tips Tagged With: , , , , , , , ,

Federal Funding Released In January for First Time Buyer Programs in Contra Costa Bay Area

January 8, 2010 By 4 Comments


Popular Financing Programs in Contra Costa Bay Area Real Estate.

Presented by Jason Wheeler

If you are thinking about a purchase a new home you should know that the Federal Tax Credit of $8,000 to first time home buyers is due to expire in April of 2010. Get crackin and buy something! When was the last time in history you could buy a home at these prices get a loan under 5% and have the government pay you $8,000 to do it? These are truly unique times we are in.

Did you know that Contra Costa County is releasing 6 Billion dollars this month for the Mortgage Credit Certificate Program? This is s huge opportunity for your borrowers to take advantage of a little known government program that can save thousands each year!

Check out the newest and hottest loan programs and let me know if you would like to see if you fit into any of them. We were locking rates in this week at around 4.75% on a 30 Year Fixed with no points this week!

Hot Loan Programs at a Snapshot

You can look at weekly rate trends Here.

Three Real Estate Investor Events This Week!

Investor Forum in Bay Area CA RSVP Here!

Join us and learn from a ton of Real Estate Entrepreneurs and Investors that are helping people like you create massive wealth in Real Estate TODAY!!. This will be a packed event where you will learn nuts and bolts Real Estate Investment knowledge to take advantage of what is happening in the market RIGHT NOW!


Filed Under: Local Real Estate News, Mortgage Tips Tagged With: , , , , , , , ,

The Seven Best Ways on How to Get Real Estate Investing Deals

December 19, 2009 By Leave a Comment

If you are new to real estate investing, you are probably wondering “where am I going to find my first real estate deal”? There are actually a number of very effective methods you can use. Below I will touch on 7 different methods to find deals. They are a pre-foreclosure listing service, major newspapers, post cards & fliers, bandit signs, MLS, a realtor, and a wholesaler.

Method one is to purchase a list of pre-foreclosure homes from a listing service. Here are just four such services: Foreclosure.com, RealtyTrac, Default Research, and ForclosureS.com. However, one of the drawbacks to a listing service is the cost. Also, be aware that some services have more recent information than others.

Another method would be to look into the classified ads section of major Newspapers. Their classified sections are on the web. You want to search the ads to find words such as “divorce”, “desperate”, “must sell” or “estate sale” to name just a few examples of keywords that indicate the seller is desperate. Think of some on your own and have fun with it.

Another method would be to send Postcards and fliers to targeted homes. However, it is highly advisable that you find someone who can do what is called good copywriting. Good copywriting is combining words, fonts, phrases, pictures, a call-to-action, etc. that will compel your potential home buyers to call your number. Make sure you do this type of marketing correctly otherwise you will be wasting your hard earned money.

Method number four is the use of bandit signs. A bandit sign is a small sign that is posted near major streets with a simple phrase to let home owners know that you buy houses quickly. Don’t forget to have your phone number listed in large letters, so distressed owners know who to call. Just be aware that in many places bandit signs are not allowed.

Another method that is more obvious is to look for a real estate investing deal is the MLS (Multiple Listing Service), however, you must be a licensed real estate agent in order to gain access to the MLS database. A word about the MLS, I know some real estate investors who swear by it and I know others who say it’s not worth your time. Who’s correct? Well, believe it or not, both are right. If you are a licensed agent who can jump on a property that is a good deal when it is put on MLS, you have a good chance to finds deals, otherwise, it will be more difficult.

Method six is to enlist the help of a realtor. If you don’t know anyone who is a realtor, you can find those who work with real estate investors, just by going to realtor.com. You will need to find a realtor who is willing to work with you and to email you a listing with your criteria. What sort of criteria do you use to search for a property? Again look for words like “divorce”, “desperate”, “must sell”, “condemned”, “gutted”, “mold” and any other word that would be undesirable for regular buyers, but a potential deal for a real estate investor.

Finally, there is another method that is simple, yet very effective. Get your deal through what is called a wholesaler. A wholesaler is one who controls or purchases a property at a deep discount and passes the savings on to you, the real estate investor. They typically send the deal right to your email box where you can read about the deal, do your due diligence and then make an offer.

So, as you can see there are various methods that you can use to find your deals. You may be wondering how may deals does it take before an offer is accepted? Well, I know many who say there is a 100-10-1 rule. It says it takes looking at 100 deals to make 10 offers to get one accepted. Choose a method or better yet, a set of methods that works for you and your budget.

About The Author

James O’Bannon is a real estate investor who is committed to finding the best real estate training for investors. You can learn more about his free training offers, as well as receive a free report on real estate investing secrets by visiting www.GreatDeals4Buyers.com. Author grants full reprintrights to this article. You may reprint and electronically distribute this article so long as its contents remain unchanged and the author’s byline remains in place.

Filed Under: Articles, Business Tips, Real Estate Investing Tips Tagged With: , , , , , , , , , , , , , , , , , , ,
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