Bank Owned, REO, Rehab, Mortgage Loan Workshops

Recently, I start a new website "Twin Cities REO Boot Camp". THe purpose of this website and the Boot Camps the site promotes is to give experienced and beginner Bank Owned REO Rehab Investors better information and tools.

The world of bank owned real estate cheanges almost daily! In regards to finance, I get in the office every Monday and need to relearn my job. Starting by contacting the banks I currently put my Purchase Rehab Rent (PRR) and Purchase Rehab Sale (PRS) loans through to make sure the guidelines haven't changed. Many banks are willing to do rehab loans but only so many. It is key for me to stay on top of what banks are still in the Rehab Mortgage Loan business.

The agents Twin Cities REO Boot Camp work with are always on top of their game. I truly believe that investors buying bank owned REO properties need to work with an asset management real estate agent. So often, the part time agents mess up little things that cost the client the deal or delay the closing.

In the near future we will be adding property managers to our line up of speakers at the REO Boot Camps. Many of my clients have careers that do not allow them the time to chase rent checks and evictions. This is why I recommend every new rehab investor should find a good property manager to work for them.

All of you reading this please take the time to visit us at our next event.

To see available times and places please visit US today!

July 11th 2009 REO Boot Camp!

My team is partnering up with Richard Webb of ReMax REO Results to host a great educational event July 11th!

REO Boot Camp with Richard Webb and Dax Dickson
Date: 11-Jul-2009


Details
Richard Webb
of
REO Results Group
RE/MAX Results

Presents: REO Investor Boot Camp

Learn from the most experienced REO group in the Twin Cities (500+ transactions in 2008)

Learn:

•· Why it matters to work with the Agents that work with the Banks
•· The Do's and Don'ts of Rehab construction
•· How to meet your short and long term real estate goals
•· How to take advantage of purchasing bank-owned properties
•· How to access community banks to secure Rehab Mortgage Loans

Location and Date:

July 11, 2009

9:30 AM -11:00 AM


5201 Eden Avenue
Suite 100
Edina, MN 55436


There is limited space available so please REGISTER today!



Bank Owned REO Foreclosures are selling to investor buyers and future home owners. The homes are there to buy and the rehab mortgage loans are available to qualified borrowers!

This Blog

This Blog is great place for Mortgage and Real Estate information in Minneapolis / St Paul, MN Metro and the surrounding areas.

Services facilitated:

Commercial Mortgage Loans

* Apartments
* Strip Malls
* Mixed-use
* Office Buildings
* Churches

Commercial Mortgage Loans Solutions for Residential Investors

* PRR (Purchase Rehab Rent)
* PRS (Purchase Rehab Sale)
* Blanket Loans (Loans over multiple residential properties underwritten like an apartment loan)
* Discretionary Line of Credit (Line of Credit to purchase multiple residential investment properties)

--
Dax Dickson
daxdickson@gmail.com

The Commercial Finance Store
Owner

4517 Minnetonka Blvd
Suite 300
St. Louis Park, MN 55416
612-578-9898

Twin Cities MN REO Boot Camps

Rehab Investors --- Rehab Investors --- Rehab Investors

Buying or looking to buy REO Bank Foreclosures to Rehab in the Minneapolis / St Paul, MN Metro area need to check out the Twin Cities MN REO Boot Camps!!!

What you will learn:

- Why work with an asset management real estate team and what an asset management team means to you
* Presented by top REO Assets Management Team members

- What GREAT Investor Rehab Mortgage Loans are available for purchasing REO Rehab Bank Foreclosures here in the Minneapolis / St Paul, MN Metro area
* Presented by Dax Dickson or Matt Bartlett of The Commercial Finance Store

- How to avoid the mistakes rehab investors make when doing construction
1.) Where to spend a little extra when rehabbing a home to sell
2.) Where to save money when rehabbing to rent
* Presented by contractors our clients know and trust

If you are interested in attending please email daxdickson@gmail.com for availability of dates, times and location for various REO Rehab Boot Camps!

Dax Dickson
The Commercial Finance Store
612-578-9898

daxdickson@gmail.com

Minneapolis & St Paul Banks NEEDED!!!

Minneapolis & St Paul, MN

Banks NEEDED!!!

Foreclosures are still on the rise and only hometown banks can kick start this housing market.

National banks are just not willing to finance investors and home owners to purchase the REO Bank Foreclosed homes that are in need of repair.

Yes, there is the FHA 203K loan but this only works for for a small group of people.

There are a lot of GREAT deals in the Minneapolis & St Paul area and we the consumer need banks that want to get these homes fixed up and neighborhoods looking good again.

If your bank is willing to lend on these properties in addition to the growing number of banks already reaping the rewards of these great loan products please contact me today.

Thanks!

Dax Dickson

The Commercial Finance Store

612-578-9898

Learn more about current loan programs to Rehab REO Bank Foreclosed homes HERE !

Things are GREAT!

Over the past several months I have really been focusing on the commercial loans I have been doing for residential investors. Pretty much these loans have been for two types of clients.

Investors interested in:

Purchase Rehab Rent (PRR) Mortgages

&

Purchase Rehab Sale (PRS) Mortgages

This has kept me busier than I have been in years. So many investors are gobbling up these great real estate and mortgage finance deals out there. It has been picking up so quickly that I may need to add another member to my team.

Now things are starting to change. I am still doing a lot of PRR & PRS mortgages here in the Minneapolis, St Paul, MN Metro area for these investors. Suddenly there is a huge surge of first time buyers that are coming to me for Fannie Mae & Freddie Mac mortgage finance to take advantage of these same great deals in the Twin Cities MN Metro area the investors have been all over for months.

I am so glad I stuck it out in late 2007 and early 2008 when so many mortgage finance guys and gals got out of the business.

If anyone out there has success stories about homes they have bought for themselves, real estate investments that have gone well or real estate and mortgage finance professionals that are seeing great success as well I would like to hear from you.

Thanks!

Dax Dickson
612-578-9898

Minneapolis & St Paul MN Rehab Mortgage Loan Finance Specialist

NEW REO PROJECT!!!

REO Real Estate and Finance Boot Camps

Finance, Real Estate Market, Rehab Construction

In my opinion I work with some of the best REO agents and Rehab Construction companies in the Minneapolis & St Paul, MN Metro area!

My goal: TO LET MORE INVESTORS/BUYERS KNOW

At a minimum I want to be doing two REO Investor Boot Camps a month here in the Twin Cities. There are a lot of people out there trying to get in the game and a lot of bad information being provided to these new investors. Together with the Rehab builders, REO agents and my mortgage finance team we can spread better information to the experienced and new investors in the St Paul and Minneapolis, MN area.

These Boot Camps will be held the 1st and 3rd Saturday at various REO agent's offices. If you would like more information about the next REO REHAB BOOT CAMP here in the Twin Cities please email me at daxdickson@gmail.com or call my office 612-578-9898 and I will get you the information to attend.

Dax Dickson

612-578-9898

Minneapolis & St Paul MN Rehab Mortgage Loan Finance Specialist