All Forum Posts by: Jonathan Plair

@ Michael Kiekerka...the membership fee is 270 and lasts for 2 years...that or they are asking me to bring 7000 to the table...I believe it is because I'm in Michigan...trying to see if that is common

I thought that being hard money it was predicated on the property and not really what I bring to the table..I know I may be wrong

But if that is the case and I need to seek out other options...what is the best route to go?

I'm in Michigan and it seems like the lender is asking for a membership in order to give me a proof of funds letter...and the real estate agent is telling me the bank needs a proof of funds letter before I am even able to put it under contract

Greetings,

Does every investor sign up for a membership with hard money lenders in order to get funded and get proof of funds letters?...or are you able to get those things without a membership?

Ok thanks guys...I appreciate the info...looking forward to staying connected!

@ Chan Khim...This is a flip...When u say holding costs...are u referring to closing costs?

Yes

@Michael Dundon

I'm interested

@Mike Dundon...I am definitely going to look into those two groups...and see if I can become a part...also I would love to continue to connect with you and network...how can I stay in touch?

@Brandon Turner...Thanks for reaching out...I appreciate the info...also I am humble and honored to be a part of this community of good people...and I am looking forward to future success...thanks for the willingness to help!

Hello,

Hope all is well with everyone

I'm fairly new to BP, so I may have postednthis in the wrong place...if I did please forgive me...Here is my question

If I believe that I have a deal...and I have acess to hard money or a private money lender but I don't have cash or a credit line for a diwn payment, or closing cost...what do you all recomend I should do?Hello,

Hope all is well with everyone

I'm fairly new to BP, so I may have posted this in the wrong place...If I did please forgive me...here is my question

If I believe that I have a deal...and I have access to hard money or a private money lender but I don't have cash or a credit line for a down payment, or closing cost...what should I do?

Ok thanks @J Scott