All Forum Posts by: Account Closed

Can use your help community on this one. About 3 weeks ago i applied for cash out refinance on my fully paid for 3 unit rental property in Fort Myers Florida. Now the lender is saying it will take 3 to 6 months to get the money out of the property, is this normal? anyone have any experience with this?

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What are yellow letters?
Originally posted by @Jack Bobeck:

Read the items out here, the blog and the facebook posts from BP. You will get more of an education here, for pennies, compared to all the gurus!

I hired a woman on Craigslist to write my Yellow Letters, paid her $1 for each. Gave her the template, envelopes, and stamps. She did it all, gave them to me and I mailed them. Easy Peasy!

Jack

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Which one is easier?, it's among family member so won't need exactly formal

Originally posted by @Mark Gallagher:

@Account Closed

Secured or unsecured? There is a big difference in what you would do paperwork-wise.

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Can anyone tell me a quick cheap place to sign a private money agreement with someone. My friend has 100k he wants to lend me but wants something in writing first, interest and balloon payment etc.

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Can any of you experienced investors give me advice on buying homes that need rehab through craigslist. How does one do it?

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Do you recommend having escrow account.

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Larry could you give me please quick example of what you did in past for example with driving for dollars
Originally posted by @Larry Turowski:

Originally posted by @Josh Straka:

@Larry Turowski when it comes to the "driving for dollars" concept, do you have any recommendations on direct mail marketing as far as a company to go through?

There are lots of companies. An easy one to use is yellowletters.com.

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Has anyone tried Craigslist for direct purchase from seller

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hello Larry thanks for the response. What do you mean by driving for dollars?
Originally posted by @Larry Turowski:

@Account Closed Wholesalers are probably your easiest route, but they may not leave enough meat on the bone for you with hard money. Foreclosures and short sales are going to be slow, difficult, and thin deals. Driving for dollars might be a good option too.

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All Forum Posts by: Account Closed

Account Closed has started 33 posts and replied 171 times.

Post: Cash out refinance rental property headache

Post: Cash out refinance rental property headache

Post: Rich Dad Poor Dad training

Post: Private Money Contract

Post: Private Money Contract

Post: Using Craigslist to find rehab home being sold by owner

Post: Escrow Question need help first time investment buyer

Post: Best way to find home needing rehab

Post: Best way to find home needing rehab

Post: Best way to find home needing rehab