Having trouble viewing this email? Click here.

Mortgage Investment Opportunities for Private Investors Since 1980

Home | Apply for a Commercial Loan | Earn 9% Interest

PRIVATE CLIENT NEWSLETTER

Volume 4: Issue 1 | Date: January 8, 2020

You are receiving this letter because you are either a high-net-worth client of Blackburne & Sons Realty Capital Corporation (since 1980) or you once applied for a commercial real estate loan of $1 million or more using C-Loans.com or CommercialMortgage.com. Blackburne & Sons and C-Loans, Inc. are sister companies.

Today we’ll discuss how to finance IRA’s that wish to buy real estate. We also have lots of cute, clean jokes, some funny pics, and a terrific Christmas video involving a cute puppy and the Budweiser Clydesdales.

Joke Du Jour

Jack Benny and George Burns (super-famous old comedians) met as young performers on the vaudeville circuit and remained friends for life. One day at lunch, Benny wrestled with the problem of whether or not to butter his bread. "I like butter on my bread," he said. "But my diet strictly forbids butter. Maybe I should call Mary and ask her what to do."

"Jack," Burns said, "don't be ridiculous. You're a grown man. You should be able to decide, without your wife's help, whether or not to butter your own bread.” "You're right," Benny said. "I'll just have the butter, that's all.” When the waiter arrived with the check, Burns pointed to Benny and said, "He's paying.” "What?" Benny said. "Why should I have to pay the whole bill?” "Because if you don't," Burns said, "I'll tell Mary about the butter.”

You Are Now a Private Client of Blackburne & Sons

Please be sure to tell us when you call. "George asked me to mention that I am a Private Client of the firm.” My loan officers are trained to snap to attention. Our commercial mortgage office number is 916-338-3232. 

Alternatively, you can apply for a commercial real estate loan or a non-owner-occupied home loan.

Forgetfulness Joke

My wife and I run a small restaurant where we often name our specials after our employees, dishes like “Sally's Chicken” after our maitre’ d who gave us the recipe, and “Rod’s Ribs” after a waiter who had his personal style of barbecue. One evening after re-reading the menu, I broke with this tradition and changed the description of the special we had named after our chef. Despite her skills and excellent reputation, somehow I didn’t think an entrée named “Salmon Ella” would go over big with our customers. 

Earn Up to 12% Interest in Your IRA or Your Kid’s College Fund

It is important that you please grasp the concept that you could be borrowing from Blackburne & Sons against some rental or commercial property at the very same time that you are using your IRA to invest $30,000 in one of our first trust deed investments. Many of our biggest trust deed investors first came to us twenty years ago as commercial property borrowers.

You probably have money set aside for your retirement and for the cost of college for your children and grandchildren. It shouldn't all be invested in the stock market. In California, the first trust deed investment business is huge. A recent law change - the JOBS Act - now allows accredited investors nationwide to also invest in these same first trust deeds and first mortgages.

Poor Santa Joke

Q: What do you call a bankrupt Santa?

A: Saint Nickel-less…

Very Reasonable Investment Scheduled to Yield 26% Annually

As you consider this investment scheduled to yield 26%, please keep in mind that Blackburne & Sons has been in business for almost forty years, and that I am an attorney licensed in both California and Indiana. This is a real life deal, and I personally believe that this is the best investment we have ever offered in our 40 years in business (established 1980). Why? Because this developer has built sixty hotels. Sixty! Is this a risk-free investment? Of course not, but he probably got pretty good at building hotels after his third completed hotel.

Racing Joke

Her: What do you do?

Me: I race cars. 

Her: Do you win many races? 

Me: Not really. The cars are much faster.

Want to Speak With a Loan Officer From Blackburne & Sons?

Blackburne & Sons, our private money commercial lending company, continues to seek slightly-flawed first mortgages between $100,000 to $1.5 million on standing commercial properties nationwide.

To apply for a private money commercial loan from Blackburne & Sons, please click on your favorite loan officer below to send them an email:

Vampire Joke

Patient: Doctor I think I've been bitten by a vampire.

Doctor: Drink this water.

Patient: Will this help me?

Doctor: No, but I'll be able to see any leaks.

- Today's Observations -

Non-Recourse Loans For Your IRA To Buy Property

Did you know that you can buy real estate - rental homes, apartment buildings, and commercial buildings - using your IRA? You can even use leverage; i.e., your IRA can obtain a mortgage to buy the property. The only thing is that the loan must be a non-recourse mortgage. You cannot personally guaranty the loan.

Why? The personal guaranty of a very high-net-worth individual, in the eyes of the IRS, makes the loan much less risky to the bank. Therefore, in theory, you could negotiate a much lower interest rate on the loan. This lower interest rate benefits the IRA, which would be an unlawful contribution to the IRA.

Before the Great Recession, banks made lots of non-recourse loans; but after the tremendous drubbing taken by the banks during the slump, Federal regulators have put the kibosh on almost all non-recourse loans from banks. Therefore, how can you now get a non-recourse loan for your IRA to buy property? The answer is private lenders, like  Blackburne & Sons.

Starboard Joke

A young man who wants to see the world signs on to a steamship to be trained as a helmsman. He masters the classroom instruction, then starts his practical training on the wheel of the vessel. In his first lesson, the mate gives him a heading, and the young fellow holds to it. Then the mate orders, "Come starboard.” Pleased at knowing immediately which way starboard is, the young man leaves the helm and walks over to his instructor.  The kindly old mate, with a chuckle, politely asks, "Could you bring the ship with you?”

Business Book Joke

I'd been working on my business degree for about a year when I finally got to take a popular finance course. I went to the bookstore to buy the text and was shocked to find out that it would cost me $96. I asked how much it was worth if I sold it back at the end of the semester. 

"You'll get $24," said the clerk. "This is insane," I protested as I wrote out the check. "I know," replied the clerk sympathetically. "I've always thought that a person who buys a book for $96 and then sells it back for $24 should fail the course."

Please be very wise and play close attention to the following:

Because every loan we make is a new syndicate (as opposed to a fund investment), Blackburne & Sons is always in the market.

When the stock market has fallen by 40%, when real estate values are falling like a knife, and when your own bank is too terrified to lend you a dime, Blackburne & Sons always has a group of savvy investors willing to lend - admittedly at a price - when blood is running in the streets. We are one of a tiny handful of lenders who remained in the market, making loans, every single day of the Great Recession.

So stick close to us. Syndicators are pretty rare, and now you know one.

Last Night Joke

I don’t remember much from last night; but the fact I needed sunglasses to open the refrigerator door tells me it was awesome.

Quickly Find 30 Commercial Lenders For Your Deal

This Weekend Joke

Whenever someone asks what I did this weekend, I squint and ask, “Why, what did you hear?!”

Apply to Blackburne & Sons For a (Very Soft) Hard Money Loan

Here is a scenario that might tickle you. You could have $100,000 from your self-directed IRA spread out among four or five first trust deeds from Blackburne & Sons, and at the very same time you could be borrowing $250,000 from Blackburne & Sons on an apartment building that you are fixing up in Boston. Not every hard money lender is the same. Our loans have a 30-year amortization (almost interest-only), a 15-year term, and no prepayment penalty. You never want to have a hard money loan ballooning during a recession. 

Arguing Joke

I hate when a couple is arguing in public, and I missed the beginning. I don’t know whose side I’m on.

Video - Latest Budweiser Clydesdales Commercial

Final Funny

A boy named Carol had a particularly rough childhood because of his uncommon name. He always got a lot of teasing and abuse at school. Eventually he overcame his hang-up and married his high-school sweetheart. 

When their first child was born, he let his wife name her. She named the baby girl “Love”,  inspired in the same spirit as Carol’s unique name. Unfortunately, Love grew up and endured much of the same teasing because of her strange name. 

The daughter came home from school one day and screamed at her dad, asking why he gave her such a stupid name. Carol took the blame to protect his wife and apologized. In a fit of rage, Love shot him with her dart gun and ran away.

Minutes later, Carol’s wife came home and saw him lying on the ground. “What happened?!” she asked, running to him. 

He waved her closer and whispered, “Shot through the heart, and you’re to blame. Darling, you gave Love a bad name!” Hahahaha!

A member of the Blackburne Family of Companies