All Forum Posts by: Diane Trotter

@Joel Owens,

Pregnant idea!  I've been looking online for creative financing.  I'm going to see if that is an option and what the rate would be.

@Shaun Weekes

Hi!  It is my hometown, Little Rock, AR.  I go at least once a year.  The way it looks, it is probably 2 houses next to each other on different lots.  The seller said that there is a possibility of separting the lots later on.  

@Chris Mason

Thank you Chris!  I'm considering walking away from it but will check into the 85%.  
I'm hoping in a couple of weeks I might be able to offer $70 cash for both of them.

Thanks again!

Can someone explain mortgage financing requirements in this case

1.  I am trying to buy 6618-6620 West 30th (called 2 on a lot but I thing they are separate lots)

2.  I wanted to put 10% or, if I had to, 20% down and consider it a 2nd home

3.  Colonial Financial told me I'd have to put 25% down because

     I have a primary residence and a rental property

Owner accepted offer of $95K on $99.9 listing

My score is 819 out of 830

I owe no one accept my Costco that I pay off every month

Why can't I get a loan.

Ryland, thank you!  I've got to marinade on this.

Hi Mark, I set up my LLC with articles of organization about two weeks ago. When you go to the online site, you can search the name to see if it is in use. It cost me $50 to set up Mildor LLC in Arkansas.

Hi Brian!  I focused on Little Rock to Hot Springs but I have been considering Conway.  It is growing quite rapidly.

@Kenisha Chapple Thank you!

@Jacob 

@Jacob White  As usual, your comments are extremely helpful.

Thank you Matt!  I need all of the input I can get.  And you are from LR!  Yeah!

Thank you Jeff and Curtis!  I'm going to keep this page open for my talking points when I talk to my realtor.