All Forum Posts by: Julie Doke

I have not had the opportunity to use them but I have read great reviews on Oracleloans.com. You might could call and them questions. Oh assetavenue is also a great optition for investment properties. Good luck

@Josh Cantwell  so glad to see you jump in, I hundred percent believe education is very important. Just wondering what are your thoughts on the recent developments within the company? That should also help people decide.  

I called and spent some time talking to this one rep from one of those companies, my understanding it's all in how the "credit pulls" are done they find out which of the three credit bureaus the banks use to request credit reports (most banks only report to 1 or 2 never all 3) therefore they are able to stagger the applications. There are sites that you can research this for yourself - my post might be removed if I try to share links but you can google it. 

I think unless you have bad credit you should be able to obtain the credit cards on your own have you went to Nav  to see if you can get cards on your own?

Hi @Randi Williams  I find that the learning is the most fun of all! This is an excellent resource and there are so many  experienced investors on the site. Have you found a local investor club? Networking with other local investors can be helpful in finding local resources. Good luck!

Hi there and welcome!!  How long have you been in real estate? I'm still learning the ropes as well  you will find many helpful people on Bigger Pockets

Beautiful home!  I agree that staging it could help buyers define the space and picture themselves  living there. 

Zillow allows the owner to add their own estimate - it's under the Zestimate Details 

Many first time investors have drive, determination and experience but lack funding. It's hard when you know in your gut that you have what it takes to succeed but everyone you know either doesn't have money or if they do they don't have enough faith to stand in your corner. Lenders even HML want 20% down - and when you believe in yourself - you don't want to give up on your dream - Yes my husband and I were in that boat last year and earlier this year we took a chance on SREC - Josh Cantwell's coaching program and our first flip is currently on the market. !!

 Freeland (the servicing company) does not make it easy and yes there were some hurdles and yes I know if it takes to long to sell they will end up making more money than us but sometimes it's about getting your foot in the door ...... Actually they claim that after you do one complete deal - find,fix & flip - you can ask for your $1000 back. As soon as we sell our home on Cobblestone I will find out it this claim is true. But to wrap up a long winded post if you are ready to work hard and stay persistent if things don't go smooth (Freeland can be demanding creating some "why am I putting myself through this" moments " as well as headaches and delays)  it is worth working with them. To answer your @Mark Wainwright  it is possible to get deals approved but how easy or hard I guess depends on where you live and how many offers you put in - they will not lend for war zones (high crime) so you have to put yourself out there and make the 65% formula work to your advantage.

Best luck to all new investors 

What an ordeal! Talk about needing persistence and fortitude WOW! So glad everything finally worked out for you!

Our company is a multimember LLC taxed as partnership (alabama) does this mean we must pay ourselves as employees instead of draws. The company has not yet earned any money we are working on out first flip

It seems as if it was a misunderstanding; it was the lender (or a misinformed person who worked for the lender) who classified it wrong and sent in the request to my title company - we don't need a survey just got delayed until Monday, so ready to move forward ....thanks everyone