Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 11 years ago on . Most recent reply

User Stats

10
Posts
1
Votes
Tu Phan
  • Westminster , CA
1
Votes |
10
Posts

Owner ask for 30k - 90 days lien. -HELP!

Tu Phan
  • Westminster , CA
Posted

hello honorable men!

I drop a business card "I buy houses cash" on random houses

And got a call and he left a message

He said he need 30k and ask if I can do a 90 days lien on his house,

I don't know what this mean, I'm only familiar with wholesale

So if you guys can help explain to me what he means so I can call him back with a solution.

Thank you so much !!

Most Popular Reply

User Stats

1,657
Posts
1,033
Votes
Rick Baggenstoss
  • Developer
  • Decatur, GA
1,033
Votes |
1,657
Posts
Rick Baggenstoss
  • Developer
  • Decatur, GA
Replied

I would give him a call to listen and probe his needs (but not his solutions) and explore *your solutions* with him to determine if something can happen.

Write a few of your solutions down so you're thinking of more than one.

How much does he need the money? Would he even consider selling or moving? Why is a bank not an option for a refi cash-out?

Rick

  • Rick Baggenstoss
  • Loading replies...