All Forum Posts by: Ayodeji Kuponiyi

@Greg Felt I'm trying to figure out how to get the money to bring the loan current. Any suggestions? Owner will deed me the property after I bring it current and I can continue making payments.

Thanks for the question @Thomas Poloncarz Jr & thanks for your answers @Steve Vaughan. I live in PA and plan to send yellow letters to owners of pretty pre-foreclosures with the intent to help them by bring the payments (depending how long/bad it is) back to current, giving the owners some cash to move, and placing lease-purchase or tenant-buyers into the home. 

I'm looking for a title company near me (King of Prussia, PA) that can do title search (no more than $100) and simultaneous closing. Any referrals? Thank you in advance!

@Ana G. Wow...What an awesome thread. Soooo many valuable advice and lessons. Thank you so much for sharing your journey from start to your last recent post. You've given me direction and I'm currently using @JoeMcCall's program for wholesaling and lease option. I hope you come back and share your update with us soon. All the best and thanks again for sharing and being a rock-star!

When looking at preforeclosures, how much equity should I look for? 2%-20% or close to 100%?

@Tom S. great tip! Thanks!

@Matt K. when I Google the company, I couldn't find it but saw him on LinkedIn but it could be a fake page to appear real. @Kevin Lanting very true!

Thank you all. I suspected as much and wanted to be sure. @Tom Gimer @Account Closed

@Tom Gimer please explain why

@Account Closed This is the terms & conditions:

TERMS AND CONDITIONS

1. The Loan attracts an interest rate of (4%) per Annum, and the loan repayment starts 2 months after loan has been transferred to Borrower.

2. Failure to pay back the loan at this expected date/period, legal actions will b e taken against the applicant by my attorney immediately.

3. Applicant who is unable to meet with the repayment will be given 2 weeks more as a grace period before legal actions will be taken.

4. I can also adjust the duration or the term of the loan if the applicant can’t repay or need the loan for a longer period of time.

5. In agreement to this, applicant will be expected to send a signed copy of the loan terms and send to me for further documentation. Once this is received, I will inform you when your loan will be approved and ready for transfer.

6. Applicant must provide the following:- A Driver’s License, Or An International passport, Or a valid Identity Card bearing his/her name.

7. Applicant is to pay a onetime fee which will cover the processing of all documents and transfer of funds to his/her account and this usually depends on the amount of you are looking for.

8. No loan can be approved for a borrower with credit scores below 400.

If you are in terms with me t hen we can start with the processing of the loan funds.