Blog

Reminder- Join us via webinar on November 1st as we talk about the Pacific Private Money Fund

Please join us on November 1st to learn about investing in the Pacific Private Money Fund*. When: Wednesday, November 1st from 5 – 6pm Where: Via Webinar- https://attendee.gotowebinar.com/register/1002278901829879553 RSVP above or click HERE. Bring your questions and come hear the details on how our conservative mortgage pool fund can be a great addition to your investment…

Read More

Interested in mortgage fund investing? Join us via webinar on November 1st!

Please join us on November 1st to learn about investing in the Pacific Private Money Fund*. When: Wednesday, November 1st from 5 – 6pm Where: Via Webinar- https://attendee.gotowebinar.com/register/1002278901829879553 RSVP above or click HERE. Bring your questions and come hear the details on how our conservative mortgage pool fund can be a great addition to your investment…

Read More

Is San Francisco Bay Area’s Challenging Housing Market a Factor in the Region’s Employment Growth Slowdown?

Original Article Written by Madeline Schnapp, Economist at Property Radar Jobs are Plentiful, Affordable Homes are Not May 2017 Home Sales Unchanged from May 2016 Median Home Price Up 3.5 Percent Y-o-Y to $815,000, Despite Month-over-Month Declines in Four of Nine Counties CALIFORNIA, JULY 13, 2017 –The San Francisco Bay Area kicked off the summer selling…

Read More

$731K recently funded loan in Campbell!

Deal Type: Consumer bridge Amount: $731,000 Term: 11 month Narrative: We recently closed a loan for a borrower in Campbell. The borrower was leasing the property with an option to purchase. However, borrower had a tax bill which needed to be paid off before they could qualify for better financing.  

Read More

From Bisnow: Boomers Look To Real Estate To Afford Retirement

Great article from Julia Bunch of Bisnow: June 19th, 2017: As many as 10,000 baby boomers retire daily. Members of this generation are increasingly looking to real estate to help solve their retirement situations. Many boomers have realized their retirement plans are not sufficient and have turned to alternative investments, such as real estate, to compensate. About 30%…

Read More

Case Study: Private home loan for a self-employed borrower.

Mr. M. came to Pacific Private Money when his mortgage broker was unable to offer him a loan for the purchase of a primary residence in Petaluma, California. Small Business Owners/Sole Proprietor loan qualification challenges: Mr. M is a self-employed borrower with multiple business ventures. Like many business owners, his income and expenses can swing…

Read More

What is a compliant private consumer/owner-occupied loan?

In addition to private loans most of us think of when we hear the terms “private money” or “hard money” (fix and flip/rehab/construction), Pacific Private Money also does consumer purpose/owner occupied loans. What are these? Consumer purpose and owner-occupied loans are loans in which the borrower intends to occupy/live in the property for which they…

Read More

Make a non-sale contingent offer using private money

There are still many markets and neighborhoods in the Bay Area (and California) where listings are getting multiple offers.  Buyers who aren’t coming in with an all cash offer or have to sell their home in order to finance the new purchase are at a disadvantage. What most buyers and their agents don’t know is…

Read More

Brexit & the Real Estate Market

With the stock market continuing its tizzy over the U.K. Brexit vote, what repercussions could this have for the California real estate market and mortgage-related investments such as the Pacific Private Money Fund? According to Fortune Magazine: First, one of the most immediate effects of the move was to send yields on U.S. government debt…

Read More