All Forum Posts by: Jason S.

@Caleb Heimsoth - Is private lenders and hard money one and the same?

I was kind of hoping for some creative financing options.  :)

Thanks all for your comments and suggestions.  I didn't mean for this to turn into a "how to solve my debt" thread. 

@Caleb Heimsoth- Appreciate the feedback.  The assumption that I make good money is wrong.  I have child support and live in the SF Bay Area (I'm not leaving for my kids).  Direct mail is surprising no that expensive.  I wish it were that easy to pay down the debt when you're barely scrapping by...Anyways, thank you for the response! 

@Arlen Chou funny you should mention living like a Monk...that's exactly what my friend said. LOL...  I don't spend wildly, I have child support, and live in the bay area (and have to stay here for my kids).  

@Dennis M. so what I keep hearing on here isn't true?  That if you find a deal the money will come? 

@David J. - I'm not sure I understand the wholesale side of multi-family or self-storage.  Can you expand? 

Hi Aaron,

1. Personal debt, CC, consolation loan, student loans. 

2. No.

3.  To get off-market deals. 

4. Well, I keep hearing "if you find a good deal, the money will come"....like it falls from the sky or something...lol

Hi Everyone,

Happy Friday first of all!!  I recently got divorced and am up to my eyeballs in debt and my credit score has taken a hit (once a gleaming 750, now a less then great 640ish).   

I am highly motivated and already have direct mail campaigns for multi-family apartments in the mail for the Sacramento area.  I am also hunting down deals for self-storage properties.  

My problem is $$$ money! :(  I am employped full time and make almost $100k a year.  However, as I said the "big D" has left me in debt up to my eye balls!

I have reached out to lenders for a mortgage who basically laugh in my face because I have no funds.  How does one get started without funds??? Where can I get funds??? (and no I don't have friends or family with deep pockets). 

Thanks in advance!!

Throw me in the East Bay mix as well!