All Forum Posts by: Anthony Minutoli

@Sonya English Hello Sonya, is there a meet up for the month of February ?

Good Morning Frank,

Thank you for the response on a Friday morning! Appreciate that, so it seems like it is time to start SHOPPING FOR LENDERS. Since the investment a would be in the Spokane area it sounds like it’s best to start shopping locally for lenders, when it comes to REALTORS it has been an up hill battle. It seems like a lot of them want a CONVENTIONAL SALE, and dealing with an INVESTOR is a headache ( at least that what it has felt like in the SPOKANE AREA). Truly appreciated the quick response , this has been a wall I have been hitting but I know it could be dealt with. 

Tarik! Thank you for the response , appreciate it. It seems like I was coming to a wall when it came to having a W2, I will have to look into asset based lending in Washington State, more specific Spokane, Washington. I am on my path to obtaining 10 doors in 10 years, this was my current road block. I’m sure I’ll hit some more down the road, but this was a first. Thanks for the response again, and if anyone else would like to chime in on SPECIFICATIONS on asset based loans.

Hello Ben ,

Amazing info, I really appreciate it. Did not expect that elaboration, but it’s spot on. Currently had a really busy end to my year and haven’t got on to the forums in a while. Once again, I appreciate you taking your time to give me a more clear example on what is required , and what to expect . Have a good one!

Hello Bigger Pocket Family !!! This question has been a lingering one, and I have yet to see a clear answer on this one in other forums. I have a question for all you lenders out there. If there is enough proof of assets in a savings account to purchase a home in cash ( in some cases enough assets to purchase 2 or 3 of like properties in cash ) will I be able to get a loan without a current w2? There is proof of work experience for the past 11 years, but within the last two years the w2 amount is lower. There is also ZERO DEBT, NO CREDIT CARDS, NO CAR LOANS, STUDENT LOANS,PHONE PAYMENTS, ETC.. ZERO DEBT. With a Credit Score of 700+ Will I be able to get into a 30 year loan? Thank you in advance, I’m hoping to get a solid answer on this one. Thank you .
 

Hello Bigger Pockets Family! I have recently been searching out information on becoming a hard money lender and starting out. Podcast, Forums, and book recommendations are greatly appreciated, it seems to be a little harder to seek out “good” information on becoming a hard money lender . Thanks!