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Come join us on September 19th (Quincy Marriott Hotel) for this year’s Real Estate Investor & Developer Trade Show. During the event we plan to have a great discussion on Hard Money Lending. Chris Tobin from Endeavor Capital will be joining us for the day to tell us about his business and to answer all your questions about funding deals through hard money.  Some of the points Chris will touch upon include:

• What is hard money and how does it work?

• What do lenders look for and how can I qualify for a loan?

• How do I get a proof of funds letter so I can make offers?

• What type of property will Endeavor will lend on?

• What if I have bad credit? Can I still get the loan? 

This educational seminar will take place on the same day and in the same location as the MA RE Investor Trade Show. Seating is limited, so please RSVP to save your spot. Only members of Boston Wealth Builders will be allowed to RSVP. To become a member, please visit the group website at http://www.BostonWealthBuilders.com. Membership is complete FREE and only takes a couple minutes.

Hope to see you there!

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Boston is Healthiest City of Country’s 25 Big Cities

WalletHub.com recently released a study showing Boston as the country’s healthiest city. “WalletHub compared the real-estate markets in 25 of the largest metropolitan areas across 10 key metrics. Our data set ranges from the interest rate on a first mortgage to the percentage of households that have received state or local assistance on their first housing loan”.

“As of the first quarter of 2015, for instance, about 255,000 consumers had a bankruptcy notation added to their credit reports, the lowest quarterly total since 2006. Foreclosure rates have also dipped to their lowest since that same year. In addition, lower down payments and higher approval rates for people with average credit scores indicate a growing housing market.”

Given such promising evidence of steady economic recovery, and with Boston’s current building boom, is it time to invest more into Boston real estate? Read the report for yourself with the link below. Interested in speaking with a local real estate investment specialist? Give us a call at 617-297-8641 and let talk about Boston’s future.

http://wallethub.com/edu/the-health-of-housing-market-in-25-big-cities/7664/

Source: WalletHub
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NACA is a home loan program that allows for 100% financing (or zero down payment) from the borrower. NACA stands for The Neighborhood Assistance Corporation of America and they’re primary goal is “invest in working people”.

This incredible NACA mortgage allows NACA Members to purchase their homes with:

  • no down payment,
  • no closing costs,
  • no fees,
  • no requirement for perfect credit,
  • and at a below-market interest rate.

NACA is a non-profit, community advocacy and homeownership organization whose primary focus is to build strong, healthy neighborhoods in urban and rural areas nationwide through affordable homeownership.

For more information about the NACA program and to be connected with a local loan officer, contact Jessica Thomas at 617-297-8641.

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Hamilton Company Building (48) 2 Bedroom Rental Units In Brighton.

The Hamilton Co. recently broke ground on a new six-story, 49,000-square-foot apartment building in Brighton.

The property, located at 40 Malvern St., is the first step in the company’s plan to invest $100 million in Packard’s Corner, in Boston’s Allston neighborhood.

The complex is expected to be completed in September 2016, and will have 48 units, each with two bedrooms and two baths. The units will average 900 square feet and the top-floor units will have views of the Charles River. Rents will start at $2,600 a month.

Amenities for residents will include off-street parking, a “green” roof garden and access to both a Hamilton-owned recreational facility and the MBTA.

“This project is an excellent example of a transit-oriented development that will transform a parking lot into much-need housing,” Brian Golden, director of the Boston Redevelopment Authority, said in a statement. “I congratulate Hamilton Co. on its success, and I look forward to seeing the building come to life.”

Like The Mandrell Company on face book to stay in tune with other local developments around the city of Boston.

Dorchester Real Estate Agent

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