Next Meeting

TRIG September Meeting: Lender Forum

When:

September 15, 2015

Where:

Holiday Inn Virginia Beach Norfolk Hotel and Conference Center
5655 Greenwich Road
Virginia Beach, VA 23462
View MapMap and Directions | Register

What:

TRIG is pleased to present a Lender Forum at the Sept 15th meeting.   A variety of hard and soft money lenders that are actively funding deals in Hampton Roads will be sharing the how-to information for getting your deals financed.

Each Lender will spend about 15 minutes covering their loan product and services, with approximately 5 min for specific questions immediately following.  After all speakers have presented and answered specific questions, we will open it up to general questions or follow up from the audience. In order for members to easily compare information, we are asking that each Lender present a scenario based on the acquisition of a rehab for $80,000 purchase price and doing 45,000 in rehab work. The Lenders will provide the following specifics:

– how does one apply for a loan?
– how long does full approval take;  do you or a hired rep need to site visit first?
– what LTV do you use, and what costs are included/covered in the loan?
– how many points are charged and when are they paid?
–  how much is interest and when is it paid?
– is there a minimum required for a loan?
– are there specific areas you do or don’t lend in?
– length of loan term,  and how penalties work?
– on the example of 80k purchase price and 45k rehab, how much does borrow bring to table based on your loan model?

Other details of the loans will also be presented. This is a unique opportunity for you to learn how to make it happen!

September 15, 2015

Register


Doors open at 6:30pm for networking. Meeting starts at 7:00pm.
Admission is free for members;
$20 for guests (if guest joins TRIG within 30 days the guest fee can be applied to the membership)

Next FREE Meeting / National Speaker

National Speaker: Reggie Brooks

When:

October 20, 2015

Where:

Holiday Inn Virginia Beach Norfolk Hotel and Conference Center
5655 Greenwich Road
Virginia Beach, VA 23462
View MapMap and Directions | Register

What:

TRIG welcomes Reggie Brooks to our month meeting.

FREE and open to the public!

Doors open at 6:30pm

October 20, 2015

Register

Here’s how to join:

  1. Click the Join Now button
  2. Select a membership level
  3. Fill out your account information
  4. Pay online securely using your credit card

That’s it. Easy peasy!

JOIN NOW

How to Reach Other TRIG Members

Need to get information out to other members of TRIG? Here's how:

  1. Post to the TRIG Facebook Group
  2. Send a message to the TRIG meetup email address (or just reply to one of the messages you received)
  3. Post in the Forum on the TRIG website