All Forum Posts by: Eric Foster

Well… I went down to my local branch where I know the people and they got involved. They could not believe what I was being told by their servicing center. They promptly made calls and sent emails to the supervisors in the department.

I jumped through some other hoops and did the things they asked of me, (which were not part of the original agreement)... but they did end up releasing the funds for the draw.

Took twice as long... but they did it.

If anyone else is using a rehab or construction loan, I would suggest you do your draw requests just as early as you can in case you also run into delays.

That was my first draw... we will see how the others go.

Have a good day!

Thanks for clarifying that for me...

Take care!

Never stop looking for deals. Period! Ever! Never!

Is it is slower in the winter?... maybe?... and if it is, that just means you need a bigger buyer pool or buyers list. That way you can still sell in a resonable time frame during the "slower"months.

Rule #1 in business... When things are slow, work harder... don't go on vacation!

Just my 2 cents.

Take care!

Welcome to the Group!

Glad to see you get active in the group.

And congrats on the rehab... lot of work hugh?

Larry Welcome to the group!

Lots of good stuff here... Jump in and dig in.

What's this "just another SF investor"... stuff?

How about "The Best SF Investor in the Tampa St. Pete Area"...

I like the sound of that better!

Go get em and Welcome!

P.S. You may find the "let me give you $50 to walk around your house" thing might not work that well. I would try a more tactful approach.…

You could also knock on the door asking if they need assistance with their situation...

I would try to buy if from them before the auction... If the numbers are what you are saying they are... I would guess that the home will be bid up at the sale.

Best of luck!

Bird dog… Are you a hunter? Just kidding...

Yea, that is a question worth exploring. There are many laws both state and federal that may come into play... And yes, there is a wide set of opinions on the topic.

When I am unsure of something, and what I would advise you to do that I think is best is have an attorney answer the question for you. That way, should there be trouble in the future you acted on your attorney’s advice.

A couple hours for an attorney would be way less than any fine you may have to pay for breaking a law...

Think of it as "Insurance". It doesn’t hurt as much that way.

I see you are in Vancouver... I am in Portland.

Hi There,

Welcome to the group!

I just thought I would offer you some quick advice...

You may want to read the forum rules to help prevent you from getting your account suspended. They work real hard here enforcing the rules of the forums.

Sounds like you have a big project going on there!

Actually, I think NOT thinking like a lawyer is what causes problems...

Have a great day!