All Forum Posts by: Bobbie Bebereia

When I first started a retail business years ago, I paid someone to design and maintain it. What a pain! I was always at his mercy to update it, delete things, add things etc. I finally put my big girl panties on and went thru Vista Print and did it myself. Their templates made it super easy, even for a technology challenged person! I added my own pictures, text, design and it was so easy I was kicking myself for not doing it sooner...updating was super easy also and it even gave me stats connected to Facebook and other social media, Google etc as to where my hits were coming from. Save yourself some money and do it yourself! If I can do it anyone can!

So, 12 years ago we bought a small house on essentially a double lot. House was financed on a private note with seller with 10k down and 5.75%. House would not have funded thru bank because of repairs. Fast forward after total rehab & renting it for past ten years. We now want to divide it into two tax lots & build another rental. (Already have city approval, etc). Went to refinance it thru conventional funding and seller has turned Into a obstinate stinker! He refused any contact with title company and will only turn over the deed once he has been given a cashiers check for the 70k we owe him.... And of course, it can't be financed without him handing over the deed first. What do we do? The existing house is worth 140k (we owe 70k)... And the build able lot is worth approx 70k. We have checked into the "seed money" thing thru WCAP but we really don't want to get a bunch of credit cards. Have checked into "hard money" loan but the only local company we found won't loan on houses built after 1945....ours was built in the 1920's but has been completely rehabbed . Any ideas? We really feel backed in a corner & unable to move forward with our RE plans. Are there other hard money lenders that would help us do this for six months? Any advice or suggestions? We have access for the amount thru my husbands differed comp but would pay a 10% penalty & 28% tax with holding. Would appreciate any help! Thanks!