FCTD Blog

Current updates on the real estate market, private money, hard money, and trust deed investing.

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Luxury Home Loans

Picture of Ted Spradlin Ted Spradlin Nov 7, 2018 12:32:55 AM

The Hard Part About Obtaining a Hard Money Construction Loan

A hard money construction completion loan seems pretty easy and straightforward at 65-75% of as-is value of a partially finished home. And typically they are easy to get approved when it comes to the lender’s underwriting. Builders and house flippers, along with hard money lenders, often run into challenges from the title company’s issuance of a 2006 Alta Extended Lender’s Policy with 125% coverage.

Picture of Ted Spradlin Ted Spradlin Mar 11, 2016 9:06:45 AM

Private Money Mortgages For California Luxury Properties

First Capital Trust Deeds frequently works with California real estate investors who own high-end rental properties in the $1,000,000 to $10,000,000 range. For a variety of reasons, our clients cannot obtain jumbo bank financing on their rental property (or properties) and they turn to us for help finding the best private money financing for luxury rental properties that suits their situation.

Picture of Ted Spradlin Ted Spradlin Jun 12, 2015 11:16:57 AM

Zillow Survey Shows More Price Increases To Come

Zillow published the findings from its 2015 Q2 Zillow Home Price Expectations Survey two weeks ago and the results were not much of a surprise to those who have followed the housing market over the past decade or so. The experts in the Zillow Survey believed that home values will increase over the next year and will continue to increase through 2019.

Picture of Ted Spradlin Ted Spradlin Jun 1, 2015 11:00:26 PM

Is Owning Land Leading to Greater Income And Wealth Inequality?

Noah Smith is a brilliant and thoughtful writer that I’ve had the pleasure of reading over the years on his blog Noahpinion and his writing on Bloomberg. He recently wrote an interesting economic column in Bloomberg View about one of the criticisms of Thomas Piketty’s work on the growing income and wealth inequality that has become ever more noticeable in society, using San Francisco as a primary example of one of the criticism’s of Piketty’s research and book.

Picture of Ted Spradlin Ted Spradlin Apr 1, 2015 11:00:00 PM

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