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RESIDENTIAL LENDING NEWSLETTER

Volume 8: Issue 8 | September 5, 2019

You are receiving this letter because you are a client of either Blackburne & Sons or C-Loans, Inc. Removal instructions are below. Today we’ll discuss why your commercial property owners must RUSH to their lenders and refinance right now. It is almost too late. We also have lots of cute, clean jokes, some funny pics, and a cool video of an 400-pound, 100-year-old turtle begging to be petted like a dog. 

Joke Du Jour

The tot had just been put to bed for the umpteenth time, and his mother's patience was wearing thin. "I don't want to hear you call out, ‘Mom’, one more time!" she warned him sternly. After a few minutes of quiet, a small voice came from upstairs, "Mrs. Jones? Can I have a drink of water?”

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:

What about YOUR state? If you have a real-life deal, we’ll hire our attorney to quickly research its availability.

The property has to be non-owner occupied, and the purpose of the loan must be for business. Remember, 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.

Call or email your favorite loan representative by clicking their picture:

(916) 338-3232

Devout Cowboy Joke

The devout cowboy lost his favorite Bible while he was mending fences out on the range. Three weeks later, a cow walked up to him carrying the Bible in its mouth. The cowboy couldn't believe his eyes. He took the precious book out of the cow’s mouth, raised his eyes heavenward and exclaimed, "It's a miracle!" "Not really," said the cow, "Your name is written inside the cover.” 

Picture Joke

A soldier serving overseas far from home was annoyed and upset when his girl wrote to break off their engagement and ask for her photograph back. He went out and collected from his friends all the unwanted photographs of women that he could find, bundled them all together, and sent them back with a note saying, “I regret that I cannot remember which one you are. Please keep your photo and return the others.”

Fifteen-Year Fix-and-Flip Loans for Residential Properties 

Two Doors Joke

A man was invited to a wedding. When he reached the hotel, he found two doors written on them… 

1.  Bride relatives 

2.  Groom relatives 

He entered the groom door and found two doors again. 

1.  Ladies 

2.  Men 

He entered men door and found two doors again. 

1.  People with gifts 

2.  People without gifts 

He entered the second door (people without gifts )… and found himself outside the hotel.

Flirting Student Joke

A school teacher sends home a note with student. The note reads, ”Your son is an obedient and bright student, but spends too much time talking to girls.” The mother sends a note back the following day, ”Please advise a solution. His father has the same problem.”

- Today's Observation -

Refinance Your Commercial Loan Right Now!

Days Now Matter.

When banks get scared, one of the first lending spigots that they turn off is commercial mortgage lending. Banks are about to get scared again. This recovery cannot continue too much longer. It's already the longest recovery in history.

Ordinarily, a garden-variety recession is no big deal. Unfortunately, the timing of this recession may kill President Trump’s chances of reelection. We could easily elect a socialist-leaning president, like Elizabeth Warren.

Holy poop! Right or wrong, equity investors will not like that. Can you imagine the rout in the stock market once it becomes clear that Trump will lose? A 30% to 40% crash in the stock market would send our banks into survival mode. New loans will be rare, but the banks will continue to rake in their monthly payments.

Using this handy formula, your client can expect a commercial real estate loan from a bank of 4.43% to 5.18%. That’s a wonderful rate, so call up your investors and get them moving right now. If they start the process right away, they will likely close just in time.

Golf Ball Joke

A nurse noticed a golfer pacing up and down outside the operating room where another golfer who had a golf ball driven down his throat was bring treated. "Is he a relative of yours?" she asked. "No," said the golfer. "It's my ball.”

Shopping List Joke

My father was completely lost in the kitchen and never ate unless someone prepared a meal for him. When Mother was ill, however, he volunteered to go to the supermarket for her. She sent him off with a carefully numbered list of seven items. 

Dad returned shortly, very proud of himself, and proceeded to unpack the grocery bags. He had one bag of sugar, two dozen eggs, three hams, four boxes of detergent, five boxes of crackers, six eggplants, and seven green peppers. 

Savings Joke

After years of scrimping and saving, a husband told his wife the good news: "Honey, we've finally saved enough money to buy what we started saving for in 1979.” "You mean a brand-new Cadillac?" she asked eagerly. "No," said the husband, "a 1979 Cadillac.”

Dirty Clothes Joke

Weary of constantly picking clothes up from the floor of her son's room, a mother finally laid down the law. Each item of clothing she had to pick up would cost her son 25 cents. By the end of the week, he owed her $9.50. She received the money promptly, along with a 50 cent tip and a note that read, "Thanks, Mom, keep up the good work!"

Too Busy to Broker Commercial Loans? Refer Them Instead!

We once paid a $21,250 referral fee. Here is our referral fee program.

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.

Video - Thirty Years Ago, My Family Got to Pet Three Competing Giant Tortoises, Who Jumped Up Like Puppies

The Blackburne List - Freshly Updated in 2019

The Blackburne List is a list of over 2,500 commercial lenders located nationwide. It is available for purchase for just $79.95. Is money tight? You can also buy one of our three Regional Lists (750+ lenders) for just $39.95.

Final Funny

A rancher was minding his own business when a DEA agent came up up to him and said, "We got a tip that you may be growing illegal drugs on the premises. Do you mind if I take a look around?" 

The old rancher replied, "That's fine, you shouldn't go over there though."  As he pointed at one of his fields.  The arrogant DEA agent snapped at him, "I'm am a federal agent!  I can go wherever I want!”  With that he pulled out his badge and shoved it into the ranchers face. 

The rancher shrugged this off and continued with his daily chores.  About 15 minutes later he heard a loud scream from the field he had pointed out earlier.  All of a sudden he could see the DEA agent sprinting towards him with a large bull on his heels. 

The rancher rushed to the fence and yelled, "Your badge!  Show him your badge!"

A member of the Blackburne Family of Companies

4811 Chippendale Drive, Suite 101

Sacramento, CA 95841

P: (916) 338-3232

F: (916) 338-2328

CA DRE #829677 // NMLS #103430