This is the year of the hard money lender. The banks have stopped making commercial real estate loans, and they are unlikely to return to the commercial mortgage market until they see enough private commercial lenders making outrageous profits. There is no reason why you can't be one of these hard money commercial lenders making outrageous profits.
If you have ever considered becoming a hard money lender yourself, you may want to join Leonard Rosen at the Mirage in Las Vegas on March 3rd for his 2011 National Hard Money Conference.
Leonard Rosen's hard money conferences are legendary. Your legal questions regarding banking, lending laws, mortgage pools, REO (bank owned properties) and private placement memorandums will be addressed by one of the top real estate attorneys nationwide.
If you have ever wanted to meet me, I will be one of the panelists, and I would be delighted to chat with you at the hosted cocktail party afterwards. One of the things you learn after attending scores of mortgage conferences over thirty years is that the evening cocktail parties are where much of the schmoozing and real networking takes place.
Here are the details on the conference. I hope to see you there.
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