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All Forum Posts by: Edith Alvarado de Cortez

Edith Alvarado de Cortez has started 6 posts and replied 35 times.

Post: Business Credit to Fund Your Deals

Edith Alvarado de CortezPosted
  • New to Real Estate
  • Fresno, CA
  • Posts 36
  • Votes 8

@Coral Hernandez

Thanks Coral!

Post: Business Credit to Fund Your Deals

Edith Alvarado de CortezPosted
  • New to Real Estate
  • Fresno, CA
  • Posts 36
  • Votes 8

@Zoran Stanoev

Thanks Zoran!

Post: Business Credit to Fund Your Deals

Edith Alvarado de CortezPosted
  • New to Real Estate
  • Fresno, CA
  • Posts 36
  • Votes 8
Originally posted by @Nicole Heasley Beitenman:

It's tricky. If you don't already have a pipeline, you'll waste too much time looking for a property. You only get an average of 15 months before interest kicks in. They also wreck your credit by putting out all those CC applications, so when you go to refi, you're going to have a lender asking why you applied for so much credit. Honestly, you're better off putting that $4k+ into DM or SEO or something and getting better at creative financing and partnering. 

 Hi Nicole,

I have found a few properties that I've had to let them pass by because the real estate agents are asking me for POF to start making offers. The hard money lenders are asking me for the 20% down payment, which I don't have, to give me the POF and also fund the deal. Regarding partnering with someone it's been a little difficult since I'm starting out and don't have any experience yet. That's why I'm considering this type of funding.

Thank you anyway!

Post: Business Credit to Fund Your Deals

Edith Alvarado de CortezPosted
  • New to Real Estate
  • Fresno, CA
  • Posts 36
  • Votes 8
Originally posted by @Aurus J. Sanchez:

Edith Alvarado de Cortez you can access the money without cash advance fees. You never want to use the cash advance fee. You can make the money liquid using plastiq.com

 Thank you Aurus!

Post: Business Credit to Fund Your Deals

Edith Alvarado de CortezPosted
  • New to Real Estate
  • Fresno, CA
  • Posts 36
  • Votes 8

@Chris Teti

Hi Chris!

What company is it? Are you talking about making wire transfers instead of accessing cash money?

Thank you!

Post: Business Credit to Fund Your Deals

Edith Alvarado de CortezPosted
  • New to Real Estate
  • Fresno, CA
  • Posts 36
  • Votes 8

@Aurus J. Sanchez

Hi Aurus!

In their webinar they were saying that you could be able to access the cash money without the cash advance fees. Isn’t that true?

Thank you for your input!

Post: Business Credit to Fund Your Deals

Edith Alvarado de CortezPosted
  • New to Real Estate
  • Fresno, CA
  • Posts 36
  • Votes 8

@Spencer Cornelia

Hi Spencer!

This company offers to get you 0% interest business credit. That’s why I’m considering it.

Thank you!

Post: Business Credit to Fund Your Deals

Edith Alvarado de CortezPosted
  • New to Real Estate
  • Fresno, CA
  • Posts 36
  • Votes 8

Hi everyone!

I'm new to REI and eager to start out. I want to do fix & flips to begin building capital for a rental portfolio. I've been talking to hard money lenders and as a beginner I must give a 20% down payment but don't have the funds. Doing research I found about business credit and a company named Fund & Grow that helps people to obtain it.

Does anyone has funded their deals with business credit or worked with this company?

Thank you in advance and I look forward to any advice you could have for me.

Best regards!

Post: How to add value to your social network when you are a newbie?

Edith Alvarado de CortezPosted
  • New to Real Estate
  • Fresno, CA
  • Posts 36
  • Votes 8

@Jeff Zimmerman

Thank you Jeff!

Post: How to add value to your social network when you are a newbie?

Edith Alvarado de CortezPosted
  • New to Real Estate
  • Fresno, CA
  • Posts 36
  • Votes 8

@Scott Mac

I agree :)

Thank you and best regards!