All Forum Posts by: Bret Rubash

@Account Closed sorry but call bull **** .No-way you did any of that with out taking any loans or borrowing money from someone. 

@Account Closed

You have to be rich or born into money to pay with cash not taking any loans out from anyone. its 2018 cost of living goes up 50% wages go up like 2% cant even get ahead unless your given some kind of crutch someone. No one in this generation is 100% self made cause its impossible. That pretty much ended 50 +years ago.

@Account Closedthe make all the scores too complicated noone fully understands them they need 1 score system for everything if anything.  a FICO should be a FICO thats it. & I have Zero credit cards Not had one since i was 19-21 building my credit up. 

@Account Closed my credit shows all my credit inquiries in the past like 5 years. and i have wells fargo monthly FICO update and its not even accurate apparently. I juts tried to get a truck i'm interested in and they told me my Fico was 447 and denied me, when my wells fargo shows my FICO as 578 so idk credit rating is a damn scam imo. 

@Tom S. They asked for my social i gave it and didn't think about it cause everyone needs your social now days. 

@Chris Mason I have no credit cards not had one since i was 21,  10 years back, when i had a credit of ~780 when I co-signed Used my credit and dads income to buy my parents a house

Wish I knew this information ahead of time I was shopping for a Vehicle to see what kind of payment they could work out for me and some places ran my credit and didn't even ask me i didn't know they ran it till they said "I just pulled your credit" my credit dropped 100+ points in a 5 day period wrecking my credit looking for the right vehicle and payment plan. I am currently trying to build my credit back up & never ended up finding a vehicle. 

It should be against the law to drop credit rating for an inquiry to see what someone can do for you payment wise  IF you got the loan. I think the only time it should drop, is if you actually create a debt by taking out the loan. The system is corrupt. 

@Dennis M. This is a small town in Wisconstin only 3500 people. The nearest major city is 3 hours a way being Minneapolis / ST Paul. All the houses are cheap here, the local financial guy that talked about 401k talked about the housing never made a comeback here yet from 2006 resession but the housing is steady on the rise.  I've seen lots of houses around 30k -70k range,  seen one that was a 5 bedroom 2 bath with 3 acres of land with a detached garage for $55k. I work at a local Window company I make $15.75 an hour its decent money not necessarily great its the highest paying job in the area & I make in the higher end of the wages due to a skilled job set.  

I how ever do not plan on staying here I hate it here. But that doesntt mean I cant buy something and keep it rented out from long distance I am only here for the low cost of living and good wages. Int the city my cost of living would be double and I make 40% less money for the same job type. 

I think my best option is to just get a FHA loan they have a set down payment of 3.5% would only be $2700 down payment. supposedly they don't go off credit really more so just income.

I was just trying to see about getting a loan to fix everything else with my situation ( New vehicle with low miles, dental work & paying all debts to fix credit) , but seems that's not going to happen & Cant find anything online its all businesses & im not going to waste my time or further damage my credit with more credit pulls. 

@Terre B. I came here because, yes it is real estate, however you guys know how to find private lenders which i'm trying to find out how to find That's why I came here, plus I have a common interest of trying to live a free lifestyle work free through buy and hold rental properties. I work full time, I am already living in one of the rentals of the duplex I would be buying,  The bottom half is already rented out he has been there 4 years.  I would lIve here free instead of paying $425/ month and he would pay the property payment for me. its basically like giving me an extra $500/ month income just by buying this place. I would stay here while I save more money to find another place to buy I will only buy multi-family 2-4 units and buying this place he told me will include all furnishings since its fully furnished washer and dryer everything down stairs, as well as all furnishings I am using on the upper unit. He has alread put new storm gutters with screens and Roof appears new as well shingles are in perfect shape and not rotten (if you bend them they don't break) .  

@Hai Loc Oh I see. I am not purchasing anything yet anyhow so I'm still doing research the Attorney that offered to sell it to me told me hes not even going to list it for sale just if i'm interested I can buy it cause I told him of my goals of buying Multi-Family units to get started into REI. Right now I'm trying to find out how to find & contact a Private lender to see about taking out a loan from him/ her personally to use to pay off all my debts to better my credit, buy a vehicle & get some dental work done. I need to do this first before I can do anything. I'm Trying to get $20k-$25k & I work out a payment plan with the lendrr with set interest rates and 5-7 year contract.

I was just googling private lenders and all I find are Scamy websites like Privatemoneygoldmine.com that sell you lists of lenders you can contact, That they somehow pull from the web somewhere. don't see anything that seems like a legit list of private lenders / investors.