Hendersonville, NC Focus Group - Carolina Real Estate Investors Association

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Open to the Public!

Event ID:

169036

Event Status:

On Schedule

Event Description

The Hendersonville Focus Group Meeting is scheduled for 6:30 p.m. at the Bay
Breeze Restaurant, 1830 Asheville Hwy/25N, on Tuesday, July 31, 2012.

This month we will focus on an alternative to bank financing for our
residential and commercial real estate investment needs. Linda Norton,
Mortgage Loan Originator for United Federal Credit Union will discuss the
loan options and funds available from UFCU for property rehabs, buy and hold
properties,etc.

Linda has 22+ years experience in residential lending, including dealing in
Fannie Mae, Freddie Mac, FHA, VA, and RD products. She has served the full
range of borrowers from first time home buyers to investors, including CREIA
members, and is skilled in investment lending.

UFCU is a large, Michigan-based credit union with local offices and has
funds available for loans to be held in-house. A full-time business service
advisor, Neil Hollifield, specializes in commercial lending.

Linda will address the following issues and other questions you may have:

1)    Lending market overview for investors
2)    In house loans available; type, terms, qualifications, etc.
3)    Conventional & non-conventional secondary market loans, terms
4)    Commercial loans; terms, multi-family
5)    Titling issues - LLC, deed of trust, etc.
6)    Restrictions on number of loans
7)    Rehab/construction loans for short term
8)    HELOC terms, restrictions
9)    Other, quick loan closing for opportunistic purchases

Join us next Tuesday to hear from an experienced lender who IS making loans
and add your questions to the mix.

Event Details

Event:

Hendersonville, NC Focus Group

Members:

Free

Where:

Bay Breeze Restaurant

Non Members:

$15.00

Address:

1830 Asheville Hwy.

Meeting Place:

At Event Location

Location Website:

n/a

Meeting Address:

Same as Event Location

Meet Loc Website:

n/a

Meeting Time:

6:30 PM

Location Phone:

n/a

Parking Cost:

$0.00

Start Date-Time:

07/31/2012 - 6:30 PM

Reg. Deadline:

07/31/2012

* End Date-Time:

07/31/2012 - 8:30 PM

PrePay Required:

Due at Event

Event Leader:
Tom Boyd Contact Leader

Payment Details:

First time visitors are free. Repeat vistors are $15 or $20 for couples. No charge for CREIA members.

Location	(More Detail)
Event Location:	Bay Breeze Restaurant
Address:	1830 Asheville Hwy.
Directions:	The Hendersonville Focus Group generally meets at the Bay Breeze Restaurant, 1830 Asheville Hwy. From Asheville: Take I-26 south and exit onto US25 South to Hendersonville. Distance to Bay Breeze is about 5 to 6 miles after the exit. Watch for Hunter Chevrolet and two stop lights later an Ingles grocery on the left a short distance prior to the Bay Breeze, also on your left. The restaurant is about a mile north of downtown.

Members:	1	Max Attendance:	No Limit
Guests:	0	Spots Available:
Total:	1	Guest Limit:	No Limit

* estimated

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