All Forum Posts by: Richard Loniewski
Richard Loniewski has started 113 posts and replied 444 times.
Post: Was told One Brokerage won't do a loan for under $150,000?

- Real Estate Agent
- New Jersey
- Posts 520
- Votes 127
Start connecting with other investors who have capital and are looking for deals, you can do a JV to get your first deal done. FYI our min loan amount is 100k
Post: Looking for Hard Money Lender in Missouri

- Real Estate Agent
- New Jersey
- Posts 520
- Votes 127
I can help with the loan provided you have decent credit. As far as the gap funding portion start networking with investors with capital but needs a deal and do a JV with them. There is always asking family or friends if that is an option.
Post: Best DSCR Rates!

- Real Estate Agent
- New Jersey
- Posts 520
- Votes 127
Post: We Lend To First Time Investors In All 50 States

- Real Estate Agent
- New Jersey
- Posts 520
- Votes 127
Post: First time Investor Questions -Is it too late to start?

- Real Estate Agent
- New Jersey
- Posts 520
- Votes 127
Never too late! I started when I was 50, killing it ever since.
Post: This might sound dumb but... What else can I be learning?

- Real Estate Agent
- New Jersey
- Posts 520
- Votes 127
Learn how to analyze deals, build your team (realtors, contractors, lenders) start networking and learning from real investors. you will never know everything. Start finding properties and make offers!
Post: DSCR Loans - Purchase or Refi

- Real Estate Agent
- New Jersey
- Posts 520
- Votes 127
Post: Is an LLC needed before buying the property?

- Real Estate Agent
- New Jersey
- Posts 520
- Votes 127
Not Really, I just put property offers under the street name LLC (like 123 Main ST LLC). If I get the offer accepted then I form it, but you need to know timeframe in your state for getting one, so you might need to get in advance. In NJ you can create one online almost instantly.
Post: Need Funding? Good news rates have been going down!

- Real Estate Agent
- New Jersey
- Posts 520
- Votes 127
Post: Newbie here! Ready to pull my first foreclosure lists: what's your favorite source?

- Real Estate Agent
- New Jersey
- Posts 520
- Votes 127
I use PropStream, inexpensive and they can skip trace for you as well.