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All Forum Posts by: Cynthia Rathbone

Cynthia Rathbone has started 2 posts and replied 5 times.

Post: Obtaining a mortgage with guarantee of tenants

Cynthia RathbonePosted
  • Real Estate Investor
  • Delanson, NY
  • Posts 5
  • Votes 1

Thanks Jerry,  What if the property is going to be rented for the first time?  Will this still apply?

Post: Obtaining a mortgage with guarantee of tenants

Cynthia RathbonePosted
  • Real Estate Investor
  • Delanson, NY
  • Posts 5
  • Votes 1

Thank You Sue Kelly!!

Post: Obtaining a mortgage with guarantee of tenants

Cynthia RathbonePosted
  • Real Estate Investor
  • Delanson, NY
  • Posts 5
  • Votes 1

I'm trying to purchase an investment property for my daughter and another student to live in while they are in Vet school  I can come up with a down payment, can I use the lease agreement as guarantee of funding?  I have a good credit rating, what mortgage company should I go through?  

Post: Bigger Pockets vs Scott Yancey

Cynthia RathbonePosted
  • Real Estate Investor
  • Delanson, NY
  • Posts 5
  • Votes 1

Thank you both for your advice.  The guru course emphasizes that you have a $750K letter to back up every sale so that you can secure the sale.  Essentially secure the property. Is this truly possible? 

Post: Bigger Pockets vs Scott Yancey

Cynthia RathbonePosted
  • Real Estate Investor
  • Delanson, NY
  • Posts 5
  • Votes 1

Hello I'm new to this and very excited to get started, but I want to know opinions of the best way to proceed.  I signed up for the Scott Yancey thing and attended the first 2 days of the 3 day weekend.  I soon found out that they wanted a big investment to teach me how to be an investor, but I could see they were using all the tricks in the book and lots of pressure to get people to drop 30K to attend their investment summit in Las Vegas.  Has anyone gone through this Summit and or are there any advantages in doing this?  Can I get the same guidance through Bigger Pockets?