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Your Online Reputation is Under Fire

by blogger1
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on Tuesday, 10 April 2012
BestTransactionFunding
What are you doing to protect your online reputation?

If you aren’t taking a proactive approach to online reputation management it is only a matter of time before you find yourself facing an uphill battle.

It is critical for real estate investors to take a proactive approach to online reputation management. Whether you have been actively marketing your homes and real estate services online or not, others will be talking about you on the web. It is only a matter of time before a miserable Realtor or dissatisfied buyer or seller bad mouths you online. It doesn’t matter whether it is justified or not, it is the perception that matters.

If the first thing consumers, sellers and potential private mortgage lenders see are bad reviews and negative comments about you when they look you up online the chances are, they won’t want to do business with you.

When was the last time you checked to see what was being said about you online?
Scrubbing negative information from the web can being incredibly difficult for real estate investors. Approaching those who have talked bad about you may often just antagonize them further and cause them to flood the internet with further slanderous accusations.

If there are comments on your own social profiles that don’t paint you in the best light you can delete them or use the opportunity to shine. However, often the only option is to drown out the bad with the good. This means a proactive approach to publishing on social networks, blogs, article marketing and even publishing your own press releases, using the right keywords and phrases.

Your competition is doing this regularly and often paying big money to gain great reviews and essentially buy credibility on the web. While it is obviously much better to be more ethical and authentic, it is also a lot easier to begin protecting your online reputation today. As they say “often the best defense is a good offense”.
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How Tough Is It Really To Find Transactional Funding These Days?

by blogger1
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on Friday, 24 June 2011
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A few years ago during the big boom in the housing market it was only the real pros who could get access to transactional funding and you often had to be pretty well connected to be able to take advantage of it. However, you could say that the one great thing that has come out of the recent rise in foreclosures is that transactional funding has actually become much easier to get your hands on.

Some people confuse transactional funding with hard money lenders and private mortgage lenders, however it is actually very different in some ways. No doubt everyone has learnt that hard money lenders have become far more cautious and strict on the loans they make than a couple of years ago. It used to be that providing you had a pulse and there was equity in a property that you could get a loan. Today these hard money lenders are often offering very limited LTVs and even require credit reports and proof of income and assets in many cases. This makes it a lot more like trying to jump through the hoops of a conventional mortgage lender or bank than what hard money was designed to be like.

In contrast transactional funding couldn’t be easier to get. You need to be aware that this is not a form of financing that works for those with buy and hold strategies, but it is perfect for wholesalers and those focused on flipping houses. Transactional funding is specifically for those who already have an end buyer and simply need the funds to close on the A-B transaction first.

What do you need to qualify for transactional funding? Virtually all you really need is your purchase contract and your sales contract with proof that your end buyer has been approved for a loan or has the cash to buy the property. There are no appraisals needed, no income and asset verification or credit checks. It is really that easy and you couldn’t ask for a better way to keep a steady stream of deal flowing.
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