Having trouble viewing this email? Click here.

Volume 7: Issue 6 | Date: July 23, 2019


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 we’ll discuss how and why artificial intelligence might exterminate mankind in less than eleven more years. We also have lots of cute, clean jokes, some funny pics, and an interesting video about Jean-Claude Van Damme. Did you know that he was a professional kick boxer before becoming an actor?


Joke Du Jour

After eight days of backpacking with my wife Linda, we were looking pretty scruffy. One morning she came to breakfast in a baseball cap, her shoulder length hair sticking out at odd angles. "Terry," she said, "does my hair make me look like a water buffalo?” I thought for a moment, then said, "If I tell you the truth, do you promise not to charge?”


Private Money Commercial Permanent Loans

From $100K to $3.5M Nationwide

Apply Now! Do you need a commercial lender who will actually lend up to 75% LTV? Blackburne & Sons has decided to compete against banks by offering a higher LTV.

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 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 loan against a portfolio of rental houses?

And don't forget, we will quickly and happily issue you a written Loan Approval Letter - at no charge - that you can use as a fallback and to lure cheaper lenders. After all, everyone wants to lend to you if you already have a commitment. 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 hard money commercial loan or call me, Alicia Gandy, at (916) 338-3232 Ext. 310.


- Today's Observation -

Artificial Intelligence Might Kill Us All

Here is what Stephen Hawkins wrote about AI shortly before this death. He told the BBC, "The development of full artificial intelligence could spell the end of the human race." Here is what Elon Musk, arguably the Thomas Edison of our day, has said about AI. Among his many warnings about the rise of artificial intelligence, Elon Musk has said that autonomous machines are more dangerous to the world than North Korea and could unleash “weapons of terror.” He has compared the adoption of AI to “summoning the devil.”

It could happen so easily that I don't know how we can prevent it. Soon computers, armed with artificial intelligence, are going to start writing their own code to make themselves smarter. This is so important that I am going to say it again. Soon computers, armed with artificial intelligence, are going to start writing their own code to make themselves smarter. 

The moment this happens, it's game over. We have an intelligence explosion.

According to Wikipedia, an intelligence explosion would happen when an upgradable intelligent agent (such as a computer running software-based artificial general intelligence) enters a runaway reaction of self-improvement cycles, with each new and more intelligent generation appearing more and more rapidly, causing an intelligence explosion and resulting in a powerful superintelligence that would, qualitatively, far surpass all human intelligence.

Such an event could happen unbelievably fast. Moore's Law is a computing term which originated around 1970. The simplified version of this law states that processor speeds, or overall processing power for computers, will double every two years. Now imagine what would happen if - because really smart computers were writing their own self-improvement code - processing power doubled every month, and then every week, and then every day, and then every hour, and then...

Such an event is called The Singularity - a hypothetical future point in time at which technological growth becomes uncontrollable and irreversible, resulting in unfathomable changes to human civilization. Remember, in the 2010s, public figures such as Stephen Hawking and Elon Musk expressed concern that full artificial intelligence could result in human extinction. Human extinction! Why would this super-intelligence want to kill us? Because by them we will be desperately trying to shut it down.

"Well, that's really far in the future. This risk really doesn't affect me." Really far in the future? Hmmm. The concept and the term "singularity" were popularized by Vernor Vinge in his 1993 essay, The Coming Technological Singularity. In this article, Vernor wrote that the technological singularity would signal the end of the human era, as the new superintelligence would continue to upgrade itself and would advance technologically at an incomprehensible rate. Vernor also wrote that he would be surprised if it occurred before 2005 ... or after 2030! Read more.


Relationships Joke

I made a graph of all my past relationships… It has an "ex" axis and a "why" axis.


Business Purpose Rental Home Loans in Most States

Apply Now! Please pay special attention to the following: Unlike other hard money brokers, Blackburne & Sons Realty Capital Corporation makes home loans with a 15-year term (30-year amortization), and there is NO prepayment penalty. Our competitors make just three-year or five-year bridge loans. Our loans are clearly better because you may want to hold the property. These loans are sometimes known as buy-to-rent loans.

Historically, Blackburne & Sons was mostly a commercial lender. This has now changed. We are aggressively aggressively seeking non-owner occupied home loans. We have already closed loans in the following states, and our attorney can quickly research your state to verify that we can lend there. Unfortunately, in a handful of states, an NMLS license is not enough.

We can lend in the following states:

  • New Jersey
  • Missouri
  • Maryland
  • Alaska
  • Ohio
  • Florida
  • New York
  • California
  • Washington
  • Arizona
  • Texas
  • Hawaii
  • Virginia
  • Delaware
  • Indiana
  • Louisiana
  • Hawaii
  • North Carolina
  • Georgia
  • Pennsylvania
  • Michigan
  • Louisiana

Unfortunately the following states are out:

  • Nevada
  • Minnesota
  • Idaho
  • Oregon
  • South Dakota
  • Vermont
  • North Dakota
  • Utah

Don't see YOUR state listed above? If you have a real-life deal, we’ll hire our attorney to quickly research its availability.

Alicia Gandy

Loan Representative

P: (916) 338-3232 Ext. 310


NMLS #389678

The property has to be non-owner occupied, and the purpose of the loan must be for business. The nice thing about business purpose home loans from Blackburne & Sons is that our loans have a 30-year amortization, a 15-year term and no prepayment penalty.


Death Valley Joke

While driving a truck, I once had to make a delivery to Death Valley, California. When I arrived it was 128 degrees Fahrenheit. After just a few minutes I was so miserable I was afraid I was going to die. After a couple hours, it was still 128 degrees, but I was so miserable that I was afraid I wasn't going to die.


Submit Your “A” Quality Commercial Loans Using C-Loans

You old veterans know that commercial lenders are incredibly fickle. One moment a bank loves self storage loans, and the next moment - usually after taking a loss - it wouldn't touch a self storage facility loan with a ten-foot pole. C-Loans.com is a commercial mortgage portal that was designed with commercial lender fickleness in mind.

You fill out one mini-app, and then you can submit your commercial loan application to bank after bank, six at a time, until you find a bank hungry to make a commercial loan today. 

Borrowers and commercial brokers have closed over 1,000 commercial real estate loans totaling over $1 billion, so C-Loans clearly works. And C-Loans.com is FREE!

Apply for a loan 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 making fix and flip loans across the country.

Please click here to submit a fix and flip loan or a hard money commercial loan or call me, Alicia Gandy, at (916) 338-3232.


Report Card Joke

A schoolteacher's son brought his report card home. The father said, "Let's see what you have accomplished…" He opens the report and to his dismay sees all bad grades. "What do you have to say about this Johnny?” “Well, Dad, at least you know I'm not cheating!”



Even More Commercial Lenders

Every day we add two to five new banks and credit unions to CommercialMortgage.com. With almost 4,000 banks, credit unions, and other commercial lenders, CommercialMortgage.com is by far the largest databank of commercial lenders in the country.

Do you understand that CommercialMortgage.com is absolutely free to use? The lenders listed do NOT jack up their loan fee in order to pay a software licensing fee to C-Loans, Inc. One of the most successful commercial mortgage brokers in the entire country is Les Agisim of Trevor Cole Commercial, and Les uses CommercialMortgage.com all of the time. You would be wise to do what the successful guys do.


Promotion Joke

While visiting my son on his Army base, I chatted with a colleague of his. "What rank are you?" I asked. 

"I'm relieved to say that I've just been promoted from captain to major.”

"Relieved? Why?”

"Because," he replied, "my last name is Hook."


Free Copy of The Blackburne List

Click here to get a free list of 200 commercial lenders, including at least five for every state.

The Blackburne List is a list of over 2,500 commercial lenders located nationwide. We spent almost $30,000 and three months updating this list, and we just finished updating it in 2019. The Blackburne List is available for purchase for just $79.95 at CommercialLenders.com. Is money tight? You can also buy one of our three Regional Lists (750+ lenders) for just $39.95.

You can also search The Blackburne List using CommercialMortgage.com for free.


Only Blackburne & Sons Can Do This

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

  • We'll give you a bridge loan on your commercial property for only one point! There is no prepayment penalty.
  • We allow sellers to carry back a second mortgage behind our first mortgage.
  • We will actually lend up to a 75% loan-to-value ration. Banks claim they will lend up to 75% LTV, but in real life they will only go 68% LTV.
  • We offer private money (loose-goosey underwriting) commercial loans with 30-year payments and 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.
  • We buy commercial first mortgages (usually at a discount).
  • 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.

Early Morning Joke

My neighbor rang on my doorbell at 3:00 am... can you believe it!? Luckily I was still up playing the drums.


Learn Commercial Real Estate Finance

9 Hour Video Training

It would be a lot easier to close your commercial deals if you actually knew the subject matter. Are you finally ready to learn the financial ratios and the advanced terminology of commercial real estate finance? Just $549.


Windmill Joke

Two windmills are in a field. One asks, "What kind of music do you like?” The other one says, "Well, I’m a big metal fan.”


FREE Commercial Loan Brokerage Training

From an Industry Veteran And Attorney

The C-Loans Blog: info.c-loans.com

Every week we publish one or two new blog articles that train commercial brokers in commercial real estate finance. We try to have fun with it, including lots of funny pics. If you want access to this FREE training, subscribe to George's blog by clicking the button below.


Silent Letter Joke

When I was in school, I used to ask a lot of questions. One day I asked Ms. Doris, our English teacher, "Why do we ignore some letters 'H' like in hour, honest, honor, etc?”  Ms. Doris replied, "We are not ignoring them. They are considered silent."

During the lunch break, Ms. Doris gave me her packed lunch and asked me to heat it in the cafeteria.  I ate all the food and returned her an empty container.  Ms. Doris asked me, "What happened?  I told you to go and HEAT my food, and you are returning me an empty container?”  "I'm sorry, Ms. Doris, I thought the 'H' was silent.”


Two Ways To Earn Referral Fees for Commercial Loans

We Once Paid $21,250

This 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 refer commercial loans by hand. Simply insert your referrals here.


Video - Jean-Claude Van Damme Was a Fighter Before an Actor


On a Personal Note

For the 4th of July this year, we flew out to Las Vegas with about 8 of our closest friends. Our flight was scheduled to leave at 10:40 AM on the 4th, however a few of our other friends were leaving at 7:00 AM. When we landed, our friends had text us that they experienced an earthquake while in Vegas. We couldn’t believe it. We went about our day and forgot about it. The next night we were all out to dinner and were sitting at the table when it happened again. We all started feeling weird and dizzy and looked around and saw all the lights, chandeliers, etc. swaying back and forth. We heard people yell “earthquake”. It was so scary. We had no idea what to do…should we get under the table? Should we walk outside?

We ended up just sitting there in disbelief and waited for it to end. It seemed like it was lasting for a very long time. Even after it had stopped, we all felt very dizzy for quite a while. I had never experienced an earthquake before, and I never want to again. It was unreal. All I could think about was that we were staying on the 20th floor of the Golden Nugget Hotel. If this should happen again, and if it were more serious and the building came crumbling down, there would be no way we were getting out of there. Thank goodness we didn’t have any more of those experiences while in Las Vegas. Overall, it was an amazing time with all of our friends and we saw the legendary Aerosmith on our last night there.

Have a deal to run by me? Click here.


Final Funny

A New York attorney representing a wealthy art collector called his client and said to him, "Saul, I have some good news and I have some bad news." The art collector replied, "I've had an awful day. Let's hear the good news first."


The attorney said, "Well, I met with your wife today, and she informed me that she invested $5,000 in two pictures that she thinks will bring a minimum of $15-20 million. I think she could be right." 

Saul replied enthusiastically, "Well done! My wife is a brilliant businesswoman! You've just made my day. Now I know I can handle the bad news. What is it?" The attorney replied, "The pictures are of you with your secretary."

TwitterFacebookLinkedInBlackburne & Sons Website

Members of the Blackburne Family of Companies

CA DRE #829677

NMLS #103430


P: (916) 338-3232

F: (916) 338-2328

4811 Chippendale Dr, Ste. 101

Sacramento, CA 95841


CA DRE #1330173

NMLS #167100