“Generation Rent” consists of the strategic defaulters, the employee that lost a job or had a significant pay cut, loss of income of a business owner, and the young professional that just graduated from college. The “Homeownership Society” lives and breathes the American dream of becoming a homeowner. Currently, a number of individuals are undetermined […]
First Pro Capital Posts
The “real” Real Estate Investor vs. the “Wannabe” Real Estate Investor
7 differences between the “real” real estate investor versus the “wannabe” real estate investor…. The real real estate investor has: a seasoned background of buying and selling real estate an “exit strategy” or “buy and hold” strategy before they seek financing an executed purchase agreement an executive summary and a copy of their most recent […]
Bankruptcy “Cram Downs” for Commercial and Residential Loans
The concept of Personal Bankruptcy “Cram Downs” was established in the “Helping Families Save Their Homes Act ” in 2009. The Helping Families Save Their Homes Act allow bankruptcy judges to “cram down” the second mortgage on investment properties, second homes and also modifying the first mortgage. Contrary to the rule, judges in California, Texas […]
Optimizing Your Business Growth with Asset-Based Financing
Asset-based financing is a method for fast growing, money-strapped companies to assemble their short-term cash needs. Overall, companies can pledge their tangible assets to generate cash flow through an asset-based loan. The fundamentals of an asset based line of credit for your business is using all the assets on your company’s balance sheet; receivables, machinery, […]
8 Credit Score Myths
Your credit scores are one of the most critical pieces of your financial life. Whether it’s a utility company, car dealership, auto insurance, business loan, home loan, landlord or employer, they all utilize your credit scores as a factor for credit risk. How valuable is your credit score? First and foremost, bad credit can cost you […]
How to Avoid Business Identity Theft
Business identity theft is worse than individual identity theft. Why? Because the business (the victim) to consumer (the other victim of the crime) relationship will be very unsettling. The internet is a simple accessibility to computer crimes. Computer Criminals have the intent to take away your good name, such as your logo, your contacts, and […]