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All Forum Posts by: Katy Shearer

Katy Shearer has started 13 posts and replied 22 times.

Post: BEWARE of Money Lender SCAMS

Katy ShearerPosted
  • Investor
  • Madison, MS
  • Posts 33
  • Votes 0

I was not using an Egyptian lender. That was the crazy thing about it.

I even had one guy to pose as someone else. He used the guys' Linkedin and Facebook page and used his name. His email was a gmail account so i called the company and they did not  have anyone by that name.

People go to all kind of extremes.

Post: BEWARE of Money Lender SCAMS

Katy ShearerPosted
  • Investor
  • Madison, MS
  • Posts 33
  • Votes 0

I have never seen so many scams with people lending money. It seems like every lender wants an upfront fee to cash in and never give you the loan. I had someone from Egypt use by card for playing online games. Shame on me for giving out my card details.

It is hard to find a legitimate money lender that can lend money to someone with bad credit and no revenue. Even if the interest is high.

Beware of scammers!!

Post: Startup Business

Katy ShearerPosted
  • Investor
  • Madison, MS
  • Posts 33
  • Votes 0

A friend is starting a business from scratch. She is looking for investors. How does that work? Does she pay each investor a certain percent of their investment per month until she pays it off?

Post: CMA

Katy ShearerPosted
  • Investor
  • Madison, MS
  • Posts 33
  • Votes 0

thanks for the suggestions

Post: CMA

Katy ShearerPosted
  • Investor
  • Madison, MS
  • Posts 33
  • Votes 0

How can i find out the comparable or get a CMA report if i am not a realtor and they realtors I know do not do it in a timely manner

Post: Foreclosure property

Katy ShearerPosted
  • Investor
  • Madison, MS
  • Posts 33
  • Votes 0

What is the zip?

Post: Foreclosure property

Katy ShearerPosted
  • Investor
  • Madison, MS
  • Posts 33
  • Votes 0

I have a great contractor and ready to purchase, rehab and retail but I am having a hard  time finding property. Where can I find foreclosures other than foreclosure.com?

Post: Marketing property

Katy ShearerPosted
  • Investor
  • Madison, MS
  • Posts 33
  • Votes 0

this is good information. thank you for sharing!

Post: Marketing property

Katy ShearerPosted
  • Investor
  • Madison, MS
  • Posts 33
  • Votes 0

Let me back up . If i wholesale a house to a homeowner it can be for retail price plus my fee, correct? and I can put a sign FSBO in the yard?

I understand the concept of wholesaling is to sell at deep discounted prices so if I sell a home at retail am i illegal?

There is a home in my community that has been on the market for along time FSBO. What are my limits as far as offering him help?

1. Can i market it and retail it for him?

2. Can he owner finance to me and i in turn OF to someone else.

thanks for all your help . I had an attorney that has questioned me and I feel like what I am doing is correct and so does another attorney who wrote up my contract. Just covering my bases.

Post: Marketing property

Katy ShearerPosted
  • Investor
  • Madison, MS
  • Posts 33
  • Votes 0

So if I wholesale and use an assignment contract, I can sell it by owner? Contract says I can buy property or I can assign property (sell the contract).