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All Forum Posts by: Lindel Turner

Lindel Turner has started 4 posts and replied 134 times.

Post: Did I already mess up?

Lindel TurnerPosted
  • Investor
  • Jonesboro, Ar
  • Posts 136
  • Votes 79
Ok desire to go with limited funds. You need a good credit score and someone tonowner finance. You can get a contractor license build your own. Some instances you can buy a house trashed out. Discuss with your banker the new value with your improvements. See if they will loan to you. You will need good credit for that. Good luck.

Post: Finally trying to get started in real estate investing!

Lindel TurnerPosted
  • Investor
  • Jonesboro, Ar
  • Posts 136
  • Votes 79
There are different approaches depending on what your goals are. Be prepared for which deal comes first. It could be a flip repo or a good rental. I like to explain it like looking at furniture or shopping for a car. You can go look at 25 couches or 25 cars. Then one day you walk in the store and there it is staring you in the face. It's no longer a hard decision. It's time to move. Where to get financing now secure it with a written contract. Now let me say this. I purchased a house once that could. It be replaced because if zoning and flood ways and easements. I could remodel it. You have to turn over every stone. I had to remodel it. Have someone smart and experienced to go with you a good friend some one in the business. If you don't know anyone ask around. Don't take advice from someone whose not in the business. I almost bought a lot with no water access until I talked to neighbors. I lost a deal this last week because I was to cautious I moved to slow. I work in the same area because I'm in my comfort zone. On the same note I bought 2 houses and didn't go in them. I knew the numbers. Dangerous unless you know what your doing. If you don't get the deal there's always another one. Move on. Learn from it.

Post: Seller agent ignored appraiser report

Lindel TurnerPosted
  • Investor
  • Jonesboro, Ar
  • Posts 136
  • Votes 79
There are lots of good suggestions for this answer. If it were me I would demand my earnest money back. Compare appraisal to county data tax records. There are always errors in these if you look hard enough. 300 feet is a big deal don't take it lightly.

Post: Sold my house now I am being sued ...

Lindel TurnerPosted
  • Investor
  • Jonesboro, Ar
  • Posts 136
  • Votes 79

Yeah it's a done deal, they shouldn't even email you without going thru your agent or broker. Tell them to stop with the harassing stress full emaills. It's unprofessional and causing stress. If I got another I would call their broker of the firm tell them your filing a formal complaint with the state. Tell them to stop at least once then file on them. No agent or broker wants this.