Author: Private Lending Agent

Now that she's back on the market, one thing is clear: the star's physique is far from in need of repair.Christina El Moussa stunned people while hitting the beach in Hawaii on Sunday.The 33-year-old renovation expert jetted off to Maui to spend Easter with his children, six-year-old daughter Taylor and one-year-old son Braydon. Hot mama! Christina El Moussa stuns on the beach in Maui, Hawaii on Sunday The family spent Sunday morning meeting the Easter Bunny and hunting for sweet treats, but after the kids were all exhausted, Christina took advantage of the kids' nap time to enjoy some solo…

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If you thought the Teen Mom OG stars were only on MTV, think again.Stars Macie Bookout, Amber Portwood, Farrah Abraham, and Catelynn Lowell have come a long way since starring on 16 and Pregnant. Before the show returns to the air with all-new episodes on Monday, April 17, let's find out what jobs the four main cast members are actually holding in 2017.Maci BookoutMaci was briefly featured running her husband Taylor McKinney's clothing company Things That Matter on last season of Teen Mom OG, but that's not her full-time job; off-camera, her pride and joy is a social media marketing…

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What is a Flip? A flip generally refers to a dramatic reorientation of an investment positioning from long to short. Depending on the context and type of investment, the word “flip” can mean a variety of things. There are at least four different examples: technical trading, real estate investing, initial public offering (IPO) investing, and professional fund management. Key Takeaways “Flip” is a term that has multiple meanings in the investing world. Technical traders might change direction and modify a trade based on price movements. Real estate investors might flip homes that they've only held for a short time. IPO…

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What is Bi-Strip-and-Flip? Buy, strip and flip is a phrase used to describe the common practice of private equity firms buying undervalued companies, spinning off their assets, and then quickly selling the restructured company in an initial public offering (IPO). Key Takeaways Buy, strip, flip is a phrase used to describe the controversial business practices of some private equity firms. These investors buy undervalued companies, extract value from them, and then quickly sell them in an IPO. The primary objective is to line the pockets of the private equity firm as much as possible, as quickly as possible. Not surprisingly,…

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Just because Southern California home resales dropped off in 2016 doesn’t mean there weren’t rapid home purchases and resales in various local areas.Atom reported that 11,148 homes were resold in the four-county region last year, a 3 percent decrease from 2015. Resales accounted for 6.8 percent of all sales in the region.Below are Orange County's top five ZIP codes for home remodeling according to ATOM, along with 15 surrounding ZIP codes. All saw 10 or more home remodels in 2016, ranking them among the top five areas in the county for the highest percentage of home remodeling transactions as a…

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As the stars of HGTV's “Flip or Flop” get divorced, the network announced plans Wednesday to expand the popular home renovation series to other locations, including Chicago.A rep for HGTV said “Flip or Flop Chicago” is in the early stages of development, starring Mark and Liz Perez, a married couple from Southern California who appeared in the “Chicago Flippers” pilot that premiered on HGTV last month.A representative for HGTV said “Chicago Flippers” will now be called “Flip or Flop Chicago.” A premiere date for “Flip or Flop Chicago” has not been announced.The Las Vegas version of the series is set…

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Key takeaways Wall Street has begun partnering with tech lenders to package loans to home flippers into mortgage obligations (also known as mortgage-backed securities). Securitizing remodel-and-resale loans will accelerate much-needed renovations of America's housing stock, but for some it also harkens back to ill-fated financial innovations of the past. Real estate agents and other professionals can take advantage of this trend by forming referral partnerships with remodel-and-resale lenders. Wall Street and new online lenders are bundling loans to home flippers into renovation-and-resale mortgage obligations, giving hedge funds, private equity firms and other institutional investors a new way to invest in…

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Looking back, all the signs were there in 2006: Home-flipping reality shows were airing on television. Thousands of amateur home flippers jumped on the bandwagon, often taking out mortgages they never should have received and flipping multiple properties at once.So when the housing bubble burst in 2007, people who made big bets by buying second-rate homes, quickly renovating them, and selling them at a profit were among those who lost the most.A decade after the housing crisis triggered the worst economic downturn in U.S. history, the number of people flipping homes is back to pre-recession levels. Nationwide, more than 51,000…

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LOS ANGELES (CBSLA.com) — Home renovation shows are all the rage. Chip and Joanna Gaines, hosts of the hit Waco-based show “Fixer Upper,” are currently on the cover of PEOPLE magazine. “The Property Brothers” (Jonathan and Drew Scott) are bickering twins who fix up and renovate homes, humorously of course, and have 20 spinoff shows of their own. Another show not to be missed is HGTV's “Flip or Flop,” which also features a charismatic married couple (this time Orange County's Tarek El Moussa and Christina El Moussa) who guide viewers through the drama of flipping rundown homes. The 30-minute show…

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Scammers will purchase properties, make only minor improvements, and then resell them at artificially inflated prices in an attempt to make a handsome profit. Video Transcript Hello, I'm a Special Agent with the FBI, and this is Mortgage for the Common Man minute. Today's topic is illegal real estate flipping schemes. Before the recent mortgage crisis, property flipping was a common way to make money in real estate: buying a house, fixing it up, and selling it for more than you paid for it. It was and still is legal. But there are also illegal property flipping schemes out there.…

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