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All Forum Posts by: Diana Rivera

Diana Rivera has started 10 posts and replied 25 times.

Buying & Selling Real Estate

Post: Doing the 90 day challenge, but trying to figure out best loan

Diana RiveraPosted
  • Investor
  • Los Angeles, CA
  • Posts 26
  • Votes 10

@George Skidis

Thank you! Will definitely contact Jane and tell her you sent me. 

1 Vote
Buying & Selling Real Estate

Post: Doing the 90 day challenge, but trying to figure out best loan

Diana RiveraPosted
  • Investor
  • Los Angeles, CA
  • Posts 26
  • Votes 10

@Michael Noto I won't be able to do FHA, no plans to live in it. It will most likely have to be a hard money loan.

0 Votes
Buying & Selling Real Estate

Post: Doing the 90 day challenge, but trying to figure out best loan

Diana RiveraPosted
  • Investor
  • Los Angeles, CA
  • Posts 26
  • Votes 10

Thank you for your reply David. I definitely can't afford California at this point. I'm from the area I'm looking into (Chicago suburbs) in Illinois and will have the summer off to be in the area. 

1 Vote
Buying & Selling Real Estate

Post: Doing the 90 day challenge, but trying to figure out best loan

Diana RiveraPosted
  • Investor
  • Los Angeles, CA
  • Posts 26
  • Votes 10

Hi there! I Live in California, but found a Single-family home that I want to make an offer on in Illinois. It's owned by the bank/ foreclosured And on the market for over 100 days. I did a short sale in 2015, so I cannot do a conventional loan as I had anticipated. From what I understand FHA takes too long to process and so I would hold the property for longer than I want… I know that there are other options like private money and portfolio lenders, but was Wondering if anyone had any advice? It would be my first time flipping a home, So I really appreciate anyone willing to take time and share some advice.

Thank you!

Diana

1 Vote