Why My Private Banker Will Lend You $5,000,000

The title is definitely a grabber, right? Well let me explain. The guy that I use to fund our commercial deals actually works for a Hedge Fund and they need deals, good deals. They basically need you to answer 5 questions on each deal and you can get paid on these deals in multiple ways. And no, there is no money out of your pocket. I made a little video explaining it in more detail. Take about 4 minutes and watch it…

Free training –> http://misuniversity.com/webinar

Can you also do me a favor? Can you comment on this video? I really appreaciate it.

Thanks

Mike

Dan Ariely asks, are we in control of our own decisions?

Behavioral economist Dan Ariely, the author of Predictably Irrational, uses classic visual illusions and his own counterintuitive (and sometimes shocking) research findings to show how we’re not as rational as we think when we make decisions.

Facebook Mass Friend Invite

Former Facebook Hater Uncovers Secret To MASS FRIEND INVITE all of your Facebook Friends to your event with the PUSH of a BUTTON!

Check out the video and get the simple script that does it all, plus get a couple of Free books along the way.

http://www.misuniversity.com/facebook

Principal Writedowns on Loan Modifications

Principal Writedowns on Loan Modifications from Diana Olick

Olick points out that the decline in home sales was expected – “home sales were spiked by several shots of government stimulus in the second half of 2009, and as that stimulus starts to wear off, sales activity has nowhere to go but down.” With the homebuyer’s credit expiring just as the 2010 season gets rolling in April, and Bernanke making noise about raising interest rates, she suggests that home buyers are likely to think twice before leaping into the market.

But Olick is most concerned about the potential for principle writedown: “Most agree that the government’s mortgage bailout program (Home Affordable Modification Program or HAMP) is at best unsuccessful and at worst detrimental. So now I’m beginning to hear more chatter about principal writedown, and more specifically, government-funded principal writedown. The idea is to give folks equity back in their homes so they don’t walk away from their mortgage commitments. It would also help borrowers who don’t qualify for modifications because they are so far “underwater” on their mortgages.
The arguments are plain and simple: Bite the bullet to save the greater housing market or don’t because the moral hazard is far too untenable. Anyone who’s ever read this blog before knows where I stand. I would honestly rather see my home’s value go down than see the guy next door (figurative: my neighbors are lovely and fiscally responsible) who made a poor/negligent financial decision get a mulligan at my expense.”

Please comment nd give us your opinion.