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Michael Morrongiello
03-28-2005, 12:32 AM
Dan:
Thanks for the invite to come in.....

With the coming changes in the marketplace, the so called "easy mortgage money" programs that have been around for several years and have clearly contributed to this boom in Real Estate values in many parts of the country may see some tightening up with respect to some of the lenders credit and underwriting requirements.

Those that position themselves now in having a better understanding of how to continue to operate during tight money times will continue to be able to operate regardless of where the marketplace heads.

I bought my first property in 1982 and obtain a mortgage loan from a Mortgage lender that now is no longer around. Their so called "teaser" ARM loan program STARTED at 15.50 % !! and I vowed to find out more about alternative ways to make transactions happen rather than strictly borrowing money from banks. That is when I discovered the powerful unity that exists when Real Estate is creatively coupled with Real Estate "paper" financing techniques. The ability to operate without banks, traditional mortgage lenders, or adhereing to their particular program guidelines allows one to continue to make transactions happen regardless of the economic times we may be in.

Over the years we have participated in numerous transactions where we used Real Estate secured "paper" creatively and allowed the transaction to come together when it otherwise would not.

The course book; The Unity of Real Estate & "Paper" is a compiliation of many techniqes, and case studies we've been involved in over the years. Its chock full of stratetgies that you can use any place, any time. For more details go to:

http://www.sunvestinc.com/unity.htm

Feel free to contact me if I can be of any assistance where Real Estate and "paper" financing issues may be at play.

Warmly,
Michael Morrongiello
www.sunvestinc.com
Since 1983 - Creative People with Creative Solutions
# 707-939-9450

Terry (Houston)
03-28-2005, 01:29 AM
When I was doing business with a partner who knew a lot about notes and selling them, there was only one person that he ever sold to, and That was Mike and the Sunvest team.

Dan Auito
03-28-2005, 01:33 AM
Thank you for graciously accepting my invitation Michael, after being around the net a while myself I have had plenty of opportunity to read and evaluate the quality of your many replies to a wide variety of real estate issues, some of these being rather complex!

It is a great honor to count you as a member of the extended networking team here at the bullets forum. I look forward to your showing off that talent every now again when you have the time.Your course materials offered are also going on my to acquire list in the very near future.

Folks I really want you to know that Michael is one of our elite investors here, when you have exhausted all avenues of approach to solving for a real estate related problem, then is the time to call in your request to Michael.

John Michael now Michael Morongiello between these two wizards there is literally no real estate question that cannot be answered. If there was then We have Dave Whisnant and Biker Jim not to mention Tom Henderson the note professor himself.

This is Tag Team investing folks and we just got another Vince Lombardi of real estate investing to aid you in support of your real estate investing goals!

REIaddicted
03-28-2005, 02:07 AM
Dan, what a GREAT job !

The number of guru's on the site, combined with the experience and input of ALL the family members ..MB is indeed THE place to be concerning REI.

The wealth of knowledge represented here is just off the charts and I for one feel priviledged to be apart of such a disquinshed family.

Lisa

Dan Auito
03-28-2005, 03:38 AM
Indeed Lisa and what a family it is shaping up to be! We really are just in our infancy here so there is going to be plenty more to come. I look forward to gathering up every righteous individual in real estate and showcasing them here.

We will attract the good people in this business and support other good people through all of our efforts. :SM128: :thumbup:

Jim FL
03-28-2005, 10:57 PM
Mike,
Good to 'see you' over here at magicbullets.com
I'm glad Dan invited you, and even more so that you took him up on it.
Stick around, and I think you'll find this community, while still in its infancy has really taken off, and doesn't seem to be slowing down.
Kind of reminds me of some of the more family or community atmostphere type places I used to frequent online when first beginning in this business.

Folks, for those who don't know, in my opinion, there are basically two people who I would trust for advice and knowledge on paper investing, and the use of it with your REI.
Michael Morrongiello and John Behle.
To be honest, I've talked to both, online and off, even though its been a while.
Mike was kind enough to offer his opinions and expertise, without wanting anything in return.
We are truly blessed to have him stop by, and by all means, PAY ATTENTION to what he has to say......you'll learn something with each of his writings.

Anyway, Mike, welcome, good to have you here, and seriously, stick around,
Jim FL

JR_FL
03-29-2005, 01:58 AM
Jim,

I totally agree with you their. Learned alot from Mike.