All Forum Posts by: Erik Littlefield

Anybody have any creative ways to get the money for the earnest deposit? I have a deal that is under contract and don’t have the $5k for the earnest money.

Hello. I have a property that needs a new retaining wall in between me and the neighbors house. I'm trying to find ways to pay for it because this is my first property and have not saved up enough yet. I got a couple estimates and it will be between 8k-15k. The good news is I will be splitting it between the neighbor. What are some ways I can get a hold of this much capital? I have about 130k in equity now, but I don't have the credit to pull it out. I am green to this situation!

I am renting My house out and it needs 15k for renovations. My monthly payment is $1680 (including PITI). I plan to rent it out for $1900 and I am including a property manager as well. Is there a way I can lower my monthly payments and pull some equity out of my property (about $40k worth of equity) at the same time? I know I can try to get a lower insurance. And does anybody know about getting your property re-assessed for tax purposes? I am curious about different strategies I can use.

I have a buddy whose credit is not where it needs to be and is in the process of repairing it and would like to purchase a house for his primary residence. He wanted to know if there are lenders who would finance an owner occupied property. For a single family home.

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I am looking for an investor in the state of Georgia for a house that I am looking to rent out. Only $80,000 needed and can give a 6% interest on that as well. Please feel free to message me in BP.

Thank you.