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All Forum Posts by: Gerardo Escutia

Gerardo Escutia has started 6 posts and replied 25 times.

Post: 1st private money borrowing for short sale

Gerardo EscutiaPosted
  • Rental Property Investor
  • Statesboro, GA
  • Posts 27
  • Votes 17

Hi guys, 

I am in the process of putting a bid on a short sale home. This year I purchased 3 buy and holds, so I am running low on funds. I found a great deal and do not want to let it pass. My brother and brother in law are willing to lend me the money to buy the property cash if I was win the bid. 

But I am having trouble as to how to show proof of funds since the money is not going to be coming from me directly. What is the best way to show proof of money. What documents do I need to show when I submit the bid. 

Please advice as to what is the general process when putting a bid on short sale when borrowing money from family. 

Post: Newbie from Grovetown, GA!

Gerardo EscutiaPosted
  • Rental Property Investor
  • Statesboro, GA
  • Posts 27
  • Votes 17

Welcome Michael! I’ve been a member of this site for about a year so but hardly ever get on it. I am looking to see what other people on BP from my region/area are doing. I see you are from the Augusta area. I hear is a booming market for RE at the moment. 

Post: Investors Rental Properties

Gerardo EscutiaPosted
  • Rental Property Investor
  • Statesboro, GA
  • Posts 27
  • Votes 17

Hi I am an investor in the Statesboro area. I have a few buy and hold properties in my area but looking to get a few in the Augusta area. Can you add me to your emailing list.

Post: Downtown Savannah GA

Gerardo EscutiaPosted
  • Rental Property Investor
  • Statesboro, GA
  • Posts 27
  • Votes 17

Awesome congrats

Post: My First BRRRR! With Pictures!

Gerardo EscutiaPosted
  • Rental Property Investor
  • Statesboro, GA
  • Posts 27
  • Votes 17

Hey congrats. I got a few buy and hold homes. Looking forward to do my first BRRRR early next year. Inspirational, awesome work.