This month we have a panel lined up for you to learn different ways to
Financing Your Deals Conventionally
Meet our Panelists:
Karen Fischer and Michael Yalowitz
Husband/wife team whose lending business,123lending.net, provides loans for acquisition and/or rehab. They lend in Philadelphia and the surrounding counties, as well as New Jersey and Delaware.
Karen and Michael’s real estate background spans a range of experiences. They have been long-term buy-and-hold owners of multi-family, commercial and office properties in Montgomery and Bucks County. Karen and Michael owned a highly successful VRBO rental on a St Thomas beach for 20 years. Owning rental properties requires continual renovation, which they applied to flipping houses in the Baltimore area and suburban Philadelphia.
In addition to these traditional ventures, Karen and Michael have invested in distressed 1stand 2nd mortgage notes, which evolved into their current private lending business. With their “hands on” experience, Karen and Michael help borrowers understand the After Repair Value of a distressed property, as well as whether a construction schedule is on target. Karen and Michael strive to make the process as simple as 1-2-3.
In their previous lives, Michael built and operated Rita Italian Ice stores, while Karen’s business provided qualitative market research to many Fortune 500 companies.
Bill Shipp
VP of Business Development at The Victory Bank - Experienced, VP of commercial banking including: commercial mortgage lending, Commercial banking.
Bill Shipp is currently V.P. of development at The Victory Bank in Limerick, PA. He has been in banking and finance for 24 years. He has held such roles as CFO, Chief Compliance Officer, Chief Credit Officer, and Commercial Relationship Manager for both largescale and community banks.
Mr. Shipp holds a B.S. in Businesses Administration from Drexel University with concentrations in Finance and Economics. He is also a graduate of the ABA Stonier Graduate School of Banking at the University of Pennsylvania.
He enjoys playing Golf, spending time with family and fishing. He also serves a as an advisor to the JBN, Animal rescue league of Berks County,Pennreach and Drexel University.
Bill Rookstool and Brian Rookstool
from Cross Country Mortgage
Bill Rookstool - Regional Vice President for CrossCountry Mortgage. I got into the mortgage business because I wanted to be a real estate investor. I have been in the mortgage industry for 20 years. Currently I run a region and leading the AMG Team loan production. I am a huge believer in helping other people achieve their dreams. This involves coaching and bringing educational resources to my team, business partners, and clients. I have been investing in real estate throughout my career focusing on development projects and retained 45 doors along the way through a mix of single family, multifamily and commercial buildings.
Brian Rookstool - I am a Sr. Loan Officer and Branch Manager at Cross County Mortgage bringing over 15 years of expertise to our clients. I enjoy working with first time home buyers helping them achieve their dream of home ownership. Some become interested in investing and I’m pleased to show the path forward to those who want to learn. My specialty in working with investors is assisting them in crafting and executing a plan to build a portfolio. The mortgage business has been an excellent fit with my personal passion for investing. Throughout my career I have built a personal portfolio with a mix of residential and commercial properties and assisted with the development of the neighborhood in which I currently reside.
With our Master Moderator for the Night: Anil Dham!
Whether its using a Conventional Mortgage Lender, a Small Bank, or Hard Money Lender, we'll go over the different advantages of each one and discuss the best deals for different funding. Getting your Financing down can be tricky, but its so important for investing!
Register Below to Attend and bring a Guest for FREE!