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Private Placement Markets Introduces First Residential Mortgage Loan Product Exclusively for Garage


Steve Muehler, Founder and President of Private Placement Markets, announced that the Firm has launched the First Ever Mortgage Loan Product solely targeted for homeowners looking to convert the Family Garage into living space.


Mr. Steve Muehler of Private Placement Markets states that the firm predicts three things over the next ten years:

1. If you are in the market for a new car now, it will be the last one you will ever purchase,

2. Auto leases will see sharp increases each year for the next couple of years as people will start to realize that automobiles will be worth virtually nothing four or five years from now, and

3. The family garage will be essentially non-existent by 2030.

Steve Muehler stated, “We predict Americans will not own a car by 2030. Instead, they will ride in electric, autonomous vehicles owned and operated by fleet operators. For young children, this means they will never operate a vehicle themselves and, for their parents, it means never having to worry about their child making a fatal mistake on the road, or being on the wrong end of an impaired driver.”

Private Placement Markets believes that between 2020 and 2030, the number of passenger cars in the U.S. will drop by more than 80-percent, with 60-percent of remaining vehicles being owned and operated by fleet operators. Ninety-five percent of all miles driven is predicted to be driven in those fleets of “on-demand”, autonomous vehicles.

Essentially, with the family car becoming no longer needed, then to the Family Garage is also no longer needed, and we predict the next large refinance boom and ‘fix-n-flip’ boom is going to involve the conversion of the Family Garage into extra-living space of the home, and Private Placement Markets is first-to-market with the mortgage loan program that is the perfect fit for this market need,” stated Steve Muehler.

Private Placement Markets anticipates the first loan closings to start in the First Quarter of 2021.

To learn more about the Private Placement Portfolio of Companies, visit:

· Private Placement Markets Securities: https://www.PPMSecurities.com

· Private Placement Debt Markets: https://www.PPMDebt.com

· Private Placement Equity Markets: https://www.PPMEquity.com

· Private Placement Markets – Real Estate Loans: https://www.PPMLoans.com

· EquityLock Residential: https://www.EquityLockResidenital.com

· EquityLock Commercial: https://www.EquityLockCommercial.com

Additional Online Resources:

About Mr. Steve Muehler, Founder & Senior Managing Member:

Personal Site: http://www.SteveMuehler.com

Personal Site: www.StevenMuehler.com

LinkedIn: https://www.linkedin.com/in/steve-muehler-819a056a/

Twitter: https://twitter.com/stevenjmuehler

Facebook: https://www.facebook.com/steve.muehler

Crunchbase: https://www.crunchbase.com/person/steven-muehler

AngelCo: https://angel.co/u/steve-muehler

All trademarks and service marks are the property of the respective parties.

NEWS SOURCE: Private Placement Markets, LLC (a Delaware Limited Liability Company) & Mr. Steve Muehler

Initially Published at: https://www.prlog.org/12845093-private-placement-markets-introduces-first-mortgage-loan-product-exclusively-for-garage.html

Initially Published at: https://www.prfree.org/@ppmsecurities/private-placement-markets-introduces-first-residential-mortgage-loan-product-exclusively-for-garage-conversions-63mb6ra85mb7

Important Legal Notice and Disclaimer: EquityLock Commercial is a Registered Tradename of Private Placement Markets, LLC. Private Placement Markets, LLC and its affiliates and subsidiaries (collectively, the “Company”) are not a broker-dealer or an investment adviser. The Company does not provide investment advice or sell securities or execute securities transactions on behalf of third parties. The Company does not advise any user on the merits or advisability of any investment or securities offering, nor does the Company provide any legal, tax, investment, or transactional advisory advice or services. The information provided on the website is not intended to be an offer, solicitation or recommendation by the Company to buy or sell any investment instruments or enter into any other type of transaction, nor shall it be considered investment advice. Your access and/or use of this website constitutes acceptance of the Terms of Use, Disclaimer and Privacy Policy.   real estate

 

 

 

EQUITYLOCK COMMERCIAL

a Division of Private Placement Markets 

Steve Muehler, Founder & Managing Member

1055 West 7th Street, Los Angeles, California 90017

Phone: (877) 259-8066

Email: Steve@PPMSecurities.com

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