All Forum Posts by: Account Closed
Account Closed has started 31 posts and replied 136 times.
Post: Financing on Home Renovations to Use as Capital Later On
- Clayton, NY
- Posts 157
- Votes 35
@Bill Gulley Thank you for the reply!
I am starting to see the benefit of waiting it out more and more. I have looked into HML's and didn't exactly like the interest rate that I saw most of them charge. I am in the process of building a buyer's list so that I can start wholesaling properties and hopefully that will give me some experience in the real estate field and also bring in some money to help get this going a bit faster. Have you had much experience with dealing with wholesalers or doing wholesale deals yourself?
Thanks!
Post: Financing on Home Renovations to Use as Capital Later On
- Clayton, NY
- Posts 157
- Votes 35
Looking for some advice/guidance on this. I currently own a single wide sitting on about 1.2 acres of land. I just started the process of doing a total remodel/gutting on it and was wondering if anyone had suggestions on how I could go about getting financed for the amount to complete the project now vs doing it in small chunks as I can afford it. My credit is less than great due to a few setbacks last year but everything has been going smoothly since. The idea is to remodel it and then take out a mortgage on the home to help finance my first rental investment. I'd really like to just get it remodeled at once as i'm still living in it now. It is an older (1995) single wide and I am unsure if I have any other options at this point other than just piecing it out over the next year... any feedback is much appreciated!
Post: New Investor In the 1000 Islands Area Looking for REI Events
- Clayton, NY
- Posts 157
- Votes 35
Hi all!
I am a new REI in the 1000 islands area and am looking to begin attending some real estate events in the area. I have searched for local REIC's and have a current list of their locations but I wanted to know if anyone had any other idea of places that I could go for networking and education. I'm currently a full time property and casualty insurance broker but will be going into the real estate investment field full time here soon, so I wanted to get a jump start on the latest events that are going on in the surrounding areas. Anywhere in NY would be alright, and I understand that being a new investor I need to attend as many as I can. Thanks in advance!
Amber
i am also new to the real estate world! I'm looking to start wholesaling to gain some experience and extra cash at the same time. Where are you looking to focus your efforts?
Post: Learn How To Become The Bank - Free Online Information Session
- Clayton, NY
- Posts 157
- Votes 35
Originally posted by @Teresa Martin:
LEARN HOW TO BECOME THE BANK - FREE ONLINE INFO SESSION |
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The Non-Performing Note Business is a “Learn By Doing” business. Every homeowner situation is unique and relevant. First you will need to understand the basics and set realistic goals. There are unlimited possibilities in notes to make quick cash, monthly income, and build long term wealth. Join the REIA NYC Note Mastermind Group to accelerate your learning curve. The goal of NMG is to build a note community by teaching investors how to capitalize on the foreclosure crisis by buying mortgage notes for pennies on the dollar. Purchasing mortgage notes is another alternative to buying foreclosure or owning rental properties. HOW TO GET ACCESS TO THE SESSION: Date and Time: September 30, 2015 8:00 PM EST Webinar Presentation Link: Will Be Sent To Registrants Dial-In Instructions: Will Be Sent To Registrants Register for our Free Information Session Today Here: |
I would be very interested in signing up for this but I was unable to see a link to follow.
Post: Fresh Investor... what do I do first?
- Clayton, NY
- Posts 157
- Votes 35
I'm a brand new real estate investor. I'm currently a property and casualty broker for an agency in upstate NY. I will have to start this endeavor with little capital and bad credit, but i'm willing to work for it. Does anyone know of anything that I could do that doesn't require going through the standard lending company? Thanks in advance!!