All Forum Posts by: Klavish Faraj

I haven't found any companies that reimburse/pay for courses and license. 

But have heard from lenders that they are "out there". Anyone here know of any companies willing to pay for training, courses, and license? I am sure there are stipulations in place.

I'm highly interested in becoming a lender. I love the numbers, available grants, and purchasing homes. Wondering where, if I qualify, who to work for to serve Nashville, and Tennessee, and who I can talk to that's willing to help. 

Congrats on your savings! 

I would look into different grant opportunities where you live (google: "down payment assistance in *insert state*"). First time homeowners can receive up to 15k in down payment assistance in areas and look into USDA loans which state you can purchase with 0% down and no penalties. 

Also highly recommend reading Brandon Turner's Book on Investing In Real Estate with No (and Low) Money as well as Richard Paul's The 5 Lessons a Millionaire Taught Me.

Appreciate all responses!

@Alex Breshears  Ahhh, thanks for the book recommendation. I'll read Lend to Live next.

@Account Closed you're realistic response is extremely appreciated. Sometimes people hear success stories and just want to jump on the bandwagon. I am taking everything you mentioned into consideration.

So there aren't any companies that vet lendees and make the process more smoother and protect everyone involved?

Hey Mike! Thanks for your response. Yes, she has all of that planned out and doesn't need this cash that has been sitting for over 1 year. She currently lives in Tennessee. 

A friend of mine has 100k but doesn't know what to do with it. I mentioned becoming using it in real estate but she doesn't have the time to do so as a single mother. How can she become a private lender?

Thank you all! I will hold on and not refinance.

I bought a home with 2.3% interest rate that needs about 50k in rehab. Refinancing right now would give me my 50k back, and more, but with rising interest rates would this be smart? Rates in Nashville are averaging around 5%.