All Forum Posts by: Daniel Bonnell

 Most of my issue is I am so upset dealing with these people that think I am that stupid to send them $800.00 for processing fees before wiring me a loan. Sorry, I am just a talker and I believe I got it taken care of finally. Thank you for your comment and help.

 I would be happy to edit, but I am not seeing how too do this. could you help me.

I am so tired of looking for help. I bet I have about 100 names of people who has led me on only to let me down. I cant stand it, when I spend all this time finding what they ask for and at then after a day, they want me to wire them money. Even so many times that has been my first questions, do I have to pay up front, told no. Well they are right, they get to the part where they say they are going to send me the money after I wire them money. I really have just about given up on becoming a investor. I have 3 unit now and in a area where rent is going out of this world. I thought three more rentals and I will have enough to make a comfortable living. Most all of the homes here are now pending where the large investors have came in and bought up and just waiting on closings. This is no lie, I am so stressed about all this information I have sent out, I am loosing my hair. The other day I heard from a guy who said he was from ___ Lending. Everything I read about them, this was great. The guy ever promised me that they would not ask for cash. Everything is going smooth, I have good credit, good equity in what i have, this guy had me all built up. I was told if I got him the rest of the information yesterday, he would have a answer for me today. i was assured everything looked good. This morning I got a letter of approval, really official, even my realtor said yep you got it. I to a great interest and you do not know how excited I was. we had gone out on Sunday and found two really nice homes that was going to fit into my budget, allow me to replace a roof on one of my current rentals, plus pay of the loan I have now, and best of all it was going to be $50.00 less then I pay now. This would have been a perfect opportunity for me. I called my realtor and told her to write up the one home to make an offer, called the guy that does work for me  and told him we have the money to fix the roof, new I would have a little to do some work small jobs, plus looked at zillow, realtor .com and another web site to find a second home in the price zone. i checked the BBB and got a good review. Was really excited my dreams of my the rest of my life had came true. I called my banker, just to check on what all did I need to get money wired. I had all the information he asked for, but did not hit send yet. She said you should not send that type of information via mail. I really thought that and most people that was using a free email, I was doing a lot of investigation to find out if they was fraud or not. This guy was referred to me, plus he had the name of the bank in his email name, the web site had his name on it. My banker said she had never heard of his company, she even checked with the main bank, but they was in a meeting, but she suggested I give him the fax number to send a letter for deposit verification and I would have to sign it. After I emailed this to him, this was the last of are contact. No replies back from any of my emails all day. The longer the day went on the more I knew it was another fraud job I wasted days, and many of hours on. Then while calling everyone and telling them I was hit again, more hair was falling out. i am giving up. i just might even sell what I have, and all I get is fraud, I have my information spread all over the united states. Not my SS#, I was smart enough to never add this. I just can not take any more of this. I can not find a honest bank, no one in my area will lend on investment properties, even the company I have it with now. I pay such a high interest, because of when I bought it. I guess I was not meant for a investors. I read where all these people are billionaires starting with nothing. I have something and can not go no where, people just want to waste my time. I really thought ___ was going take care of me, and I was the happiest person on earth, just to go down hill as the day went on. I am so sick over this. I would say I have spent weeks and almost every waking hours to get stuff the fraud people wanted, maybe they don't have a live, and now I don't know if I do.  Then also thinking I would be able to put a little away to build a small kennel to keep rescue dogs, and try to find them for ever homes. I am a good person, and I try to help humans and animals, and this is what i get in return a loss of hair. That was just my goal, to make enough to live right, and help rescued animals. I am back to step one and giving up for a while, not going to make another jerk out of my self and sign up for a company to watch my credit after all this information had been given out. Thank you all for listening to my vent, and i hope someday these people will get theirs. i have turned a few of them in. I hope you guys have a great day and your investments go great. I wish the best for all. Maybe someday will be mine. Please fraud lenders, do not call me any more, because if I find out where you are, I turn you in and I mean this.  

I have three rentals and in a growing city i am wanting so hard to get three more rentals and refinance the loan I have with a lessor interest rate. I have owned them for about 8 years and rates was high.

But you know I can not get over the amount of fraud offers I have gotten from private lenders that I am just believe is frauds. I will tell you way I thing is: it just seems to me if they are offering a loan using gmail, hotmail, outlook or any free non secured email account, I just really rule them out. Am I wrong to thing this? I thought i found a honest one, but they asked for a co investor with with a credit card limit of $6000.00. I do not want to upset these people off, but why would they want such a thing, for silent investor. What does that prove? Has anyone had any think like this? For any of you that deal with mortgage brokers, private lenders and bank, do you have any suggestions of what I should be looking or asking for? I took over a loan when I got my first 3 units 8 years ago so I didnt deal with financing. I need some help. I found what i want, but I need financing, credit is not bad, just new jobs, and purchasing a new house is making it tuff. I am wanting rentals not flips and I am just lost. I thought it would be easy, but this is not and need someone out there to tell me what I should be doing to get a loan.  I read about Barbara Corcoran and Trump grew from nothing. I feel like I have something to give, but dont know what I am doing and how to sort out the fakes, beside the idea of using a free email account. Open for any help on what I should be doing. Thank you in advance.

I am a current investor, small investor. I have three units and in a city that is growing really big. We have a lot of new companies coming in, and not enough rentals. People are paying double rent. I just started upping my rents, but no double, but I know what I could get out of new tenants. I would bring in triple amount then I am now, just with three new units that I want to pick up. Banks do know look what you could have coming in, and unsure why with hometown banks, that knows what is going on. I know I could get a loan and pay off my current balance, pick up a duplex and a single family home for probably a little more then I pay now. I got that loan at a high interest, and now with them being so low. I found a bank that is interested helping me, but they say I need a silent partner and all it takes is a person with a credit card with a $6000.00 credit limit. This sounded crazy to me, but I have done my research on this bank, it does nothing to you credit, they do charge you card. I have a letter to tell an investor of what is involved. I drop all my limits down to raise my credit limit, but I never had one worth that much. I don't mind showing my credit reference with a interested person. But I would research you, just as I have any banks that has made offers. I hate, I must have got 50 banks that was frauds. This really hated this. Thank you in advance for any help or suggestions

I am not new to rental, well I only have three. I am looking to buy 3 more, but having a issue with financing. I spend most of my time deleting the frauds. I would never think of giving any information to a person with a free email account. 

I found a great bank, who says my credit is good, but they have a stupid requirement and that is they need you to have a credit card with a $6000.00 credit limit. Last year I went through and reduced all my credit cards big time to raise my credit score. I didnt have a $6000.00 then any ways.

But I am looking for a silent partner, who I can get to help me with this, they sent me a letter of what it would mean to the person that is helping. But where do I go to find something like this? or can if find someone? 

I want to know how Barbara Corcoran and trump started what they have with nothing, and I have $139,000.00 of rentals with a pay off of $69,000.00. This is at a high interest, so I know I could get more money, get more income, an probably raise my mortgage a $100.00 or so, if even that. 

How do I go about finding investors? Thank you in advance to any help or suggestions.

Daniel Bonnell

How in the world did Barbara Cororan and Donald Trump do what they have done with nothing, and I have something and cant get any help. PLEASE IDEAS

I live in Ohio, but my rentals are in WV. Maybe can get some suggestions on what I am doing wrong. I have done searches of the net and check with local financing. What I am trying to do is keep the finance companies from pulling my credit for on. That will pull the credit you worked so hard for down so fast. I do not see why, because it not that I neglected paying payments.

But here is my issue, last year I stopped working because we bought a small farm and my partner had a really great job, then they closed down. I dont know if you knew of Coldwater Creek, it was a woman's clothing distribution center. He was there for 16 years and I believed the company was here for 20 years. The company seemed to be growing, two years ago, this building doubled, maybe tripled in size. So felt secured with his job, and I am on disability. We also have three rentals that gives us a good income, 99.9% rented.

So our cons is he has been on has been on his new job for 6 months and he is not one to change jobs, he works hard and wants to grow. Before his job at Coldwater, he was employed with the same company for 20 years. We just bought the new house 18 months ago. We do fine financially, but they look at that he has only been employed for 6 months, and this company hires through a temp agency, Then they higher about every 6 months permanent workers from that. His supervisor just advised him he war ready to go to permanent when they start hiring. This is a huge Truck building company is growing wild. It is called HINO.

The pros we have is we have good credit, not perfect, but good. We work on it, no bankruptcy never, no late mortgage payment, but one. This is when we was closing on the house before this, be was told not to pay that month by the lawyers because all had been figured out. We was bought out by FEMA because we lived in a Flood area. Then when closing came, it was postponed for a few weeks, not worried about the payment, was busy with moving and was told all was taken care of. I always paid my payment two weeks or more before it was do. They ding me from being late, I tried to work with them to remove it with letters from me, Fema, The county commissioner, but no Bank One refused to remove it. After the many years I had been with them with perfect payment. They would not forgive one late payment.

The plus with this area is two big companies have been moving in, rental property is hard for people to find, and rent has doubled because of the demands. I had a opening a few weeks ago, friends of mine who has rentals, told me to raise my rent $200.00 to $300.00 more a month, and will not have any problems. I felt like I would try $150.00 more, should have went high and came down. With in a half hour I had over 50 applications, people offering all kinds of promises to rent it and not even seen the inside. One person offered to pay 6 months in advance. But I show it in order the applications came in and was approved. I had to pull the ad from Facebook in a half hour, could not keep up. The first person seen it of course took it, even offered to go in and clean it up, and do painting at their cost.

I show the Banks even with just my income plus the rentals, and the possibility of 3 more. I have even done a business plan. But been denied, mostly they dont want to count the income from the current rentals, and will not look at the 3 units and the income from them. When I bought the 3 I have, interest was high. What I own is it valued at $139,000.00 and owe only $69,000.00 and paying over $600.00 a month. I know with the cheaper rates, I could pay off my current loan, purchase a great deal fast $69,000.00 duplex and a single family home for around $30,000.00 plus would like a extra $10,000.00 for some improvements. I would bet I would be paying the same amount I am paying now, or maybe a little bit more and triple my income profit. I would be set for the rest of my life.

So many advertisement I get with free email accounts I have spent so much time researching and finding so many frauds. I am at a lot, and missing out on a great chance to grow. Make a good life for myself.

I wanted to pick at you mind of any ideas of what I can do to use what I have, plus a financial plan to get a financing. Thank you in advance for any help or assistance. Daniel Bonnell, [email protected]

Hello looking for help, maybe you can give me some suggestions on what I am doing wrong. I have done searches of the net and check with local financing. What I am trying to do is keep the finance companies from pulling my credit for on. That will pull the credit you worked so hard for down so fast. I do not see why, because it not that I neglected paying payments.

But here is my issue, last year I stopped working because we bought a small farm and my partner had a really great job, then they closed down. I dont know if you knew of Coldwater Creek, it was a woman's clothing distribution center. He was there for 16 years and I believed the company was here for 20 years. The company seemed to be growing, two years ago, this building doubled, maybe tripled in size. So felt secured with his job, and I am on disability. We also have three rentals that gives us a good income, 99.9% rented.

So our cons is he has been on has been on his new job for 6 months and he is not one to change jobs, he works hard and wants to grow. Before his job at Coldwater, he was employed with the same company for 20 years. We just bought the new house 18 months ago. We do fine financially, but they look at that he has only been employed for 6 months, and this company hires through a temp agency, Then they higher about every 6 months permanent workers from that. His supervisor just advised him he war ready to go to permanent when they start hiring. This is a huge Truck building company is growing wild. It is called HINO.

The pros we have is we have good credit, not perfect, but good. We work on it, no bankruptcy never, no late mortgage payment, but one. This is when we was closing on the house before this, be was told not to pay that month by the lawyers because all had been figured out. We was bought out by FEMA because we lived in a Flood area. Then when closing came, it was postponed for a few weeks, not worried about the payment, was busy with moving and was told all was taken care of. I always paid my payment two weeks or more before it was do. They ding me from being late, I tried to work with them to remove it with letters from me, Fema, The county commissioner, but no Bank One refused to remove it. After the many years I had been with them with perfect payment. They would not forgive one late payment.

The plus with this area is two big companies have been moving in, rental property is hard for people to find, and rent has doubled because of the demands. I had a opening a few weeks ago, friends of mine who has rentals, told me to raise my rent $200.00 to $300.00 more a month, and will not have any problems. I felt like I would try $150.00 more, should have went high and came down. With in a half hour I had over 50 applications, people offering all kinds of promises to rent it and not even seen the inside. One person offered to pay 6 months in advance. But I show it in order the applications came in and was approved. I had to pull the ad from Facebook in a half hour, could not keep up. The first person seen it of course took it, even offered to go in and clean it up, and do painting at their cost.

I show the Banks even with just my income plus the rentals, and the possibility of 3 more. I have even done a business plan. But been denied, mostly they dont want to count the income from the current rentals, and will not look at the 3 units and the income from them. When I bought the 3 I have, interest was high. What I own is it valued at $139,000.00 and owe only $69,000.00 and paying over $600.00 a month. I know with the cheaper rates, I could pay off my current loan, purchase a great deal fast $69,000.00 duplex and a single family home for around $30,000.00 plus would like a extra $10,000.00 for some improvements. I would bet I would be paying the same amount I am paying now, or maybe a little bit more and triple my income profit. I would be set for the rest of my life.

So many advertisement I get with free email accounts I have spent so much time researching and finding so many frauds. I am at a lot, and missing out on a great chance to grow. Make a good life for myself.

I wanted to pick at you mind of any ideas of what I can do to use what I have, plus a financial plan to get a financing. Thank you in advance for any help or assistance. Daniel Bonnell, [email protected]