All Forum Posts by: Janina Farr

My partner and I just just purchased our first rehab. We are expecting the repairs to be over 50k. We are already using a Hard money lender for this project and because it's our first deal they are really strict on the terms. We need additional funding but we don't have private money lenders. My credit isn't bad I just have High utilization due to us starting this business so my score dropped tremendously to a 600 and my partners score is about 630. My question is can anyone refer a company that will lend us an additional 50k to complete this project with these credit scores? Or someone willing to be a private lender? Please advise on what we can do. Thanks

There are plenty private money lenders and Hard money lenders that will work with you for way less. Even being new. Do hard Money works with new investors. I say pull the deal off by yourself since he doesn't want to do anything anyway and I bet he will be coming to you versus you needing him. Show him your worth. That's what I would do. He's being greedy. Finding a partner isn't hard. Just gotta put the word out.

WOW!! Great post. Interesting. Sorry I can't help thou.

@Elbert D.  Your welcome. social media is the way to go. Get a face book page and join all the Real Estate Groups and pages you can. Now when you have a deal you can pitch it to thousands of investors. Also you can attend some of the networking events as well. you can find them on Meetup. its an app. Investors and developers are always looking fro deals.  : )

You should also post this on Fb on the Fortune Builders Master Page and the Chicago Real Estate Investors I'm sure someone on there would be interested. Good Luck!!!

I guess when it all said an done everyone has had a different experience and felt differently. Even with all the negative feedback I've heard a lot of positive feedback as well. Since joining I've had a positive experience so I guess it's just all up to you and how you receive the information and what your expectations are.

I've read everyone's feedback and I really appreciate the responses, but for me I guess I just look at things differently. I was once a realtor and now I decided to flip to investing. My experience from the 3 days workshop was totally different from others and I'm super excited about joining the Mastery program. I paid the lesser of the packages, but since then I've felt really good about it. I guess at the end of the day with any investment it's all about how much you are willing to Grind and put into it. I'm a grinder so I only see myself going up from here and for me it's all all about a mindset!! Thanks for your guys feedback!!

The Mastery program is only for those who understand the possibilities. If you are a newbie and you have no past real estate knowledge and you took the 3 day workshop to learn then none of this stuff will really make since. You can't be in this to just make money. You have to have a passion for it. Real estate Investing isn't for everyone. Their mastery program is priced high because you are paying for an education you wouldn't gain unless you did it on your own with trial an error. If you want to be successful and not have to go through all the trials , then you pay to put your business on the fast track. It's funny how people will pay 40,000 and more for a college education and that's just to get the degree. That's not the experience you need. With the mastery program your paying for the knowledge and the one on one mentoring from those with experience. They are basically walking you through the entire process without having to worry about making huge mistakes that can cost you money. If you believe in the program and yourself than the mastery program is a no brainer and like they said. You will pay back the entire cost after your first flip. Knowing that just makes me even more dedicated. And even if you don't walk away with a huge profit you at least gained the experience and knowledge.

I just came back from their 3 day workshop and it's the BEST $197 I've ever spent!! Well worth it and a lot of information. It was so good me and my partner signed up to be a mastery student. We start November 19-20th. I'm so freaking Excited I don't know what to do with myself. I have BIG dreams and at this point in my life I don't feel like making huge mistakes or going they the trial and error phase. They mastery program isn't cheap and My first deal will pay it off. But I look at it as paying for an education in real estate, plus I have a mentor walking me through my entire year of real estate transactions. I"be heard to many success stories so I'm ready to write mines!! : ) Attend the workshop of your serious.

Unfortunately credit worthiness doesn't always tell you whether a tenant will pay on time or consistent. My suggestion is look at over all payment history. Someone with a 560 score doesn't mean they wouldn't pay on time. They may not have had a lot of credit history!! Also reference their previous landlord and neighbors. Just do your due diligence in every area and interview them as if they are applying for a job, but focusing on just the credit score means nothing. Ive had tenants with 780 scores default.