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All Forum Posts by: Susan Homeier

Susan Homeier has started 4 posts and replied 6 times.

Post: Has anyone ever used the Velocity Banking Strategy?

Susan HomeierPosted
  • Chicago, IL
  • Posts 8
  • Votes 0

doesn't this only work if the LOC or HELOC is a rate lower than the other debt that you are paying off?

Trying to do some due diligence.

Do you have experience with Fixters.com?

Anyone know about the Dog Deal software?

Good or Bad

Is it worth it?

Post: Questions to ask Lenders

Susan HomeierPosted
  • Chicago, IL
  • Posts 8
  • Votes 0

I thought it might be a good idea to develop a checklist of questions/requirements/red flags to help with due diligence on Lenders.  

Please post if you can provide anything that you think is helpful, anything that might raise red flags. 

1) What title companies do you use to close, can you send me a list of those companies? (Then call those companies to find out what information that might provide about the lender. How many deals they have closed, with the lender, how many deals did not get funded.....

2) How do you transfer funds? (Western Union is not how funds are transferred on a Real Estate transaction.

Post: Benefits of having license

Susan HomeierPosted
  • Chicago, IL
  • Posts 8
  • Votes 0

Are you a real estate investor who wholesales or rehabs and flips properties?

Many people have their real estate license and many people don't. If you do what are the pros and cons? If you don't what are the pros and cons?

Trying to find out anything good or bad about this.