All Forum Posts by: Lori Brock

@Mayerling Mejia

Thanks for the update. I'm glad to hear that you too found the 7 day class valuable. Best wishes on you REI journey!

Hi Mayerling, I liked the class very much, but decided not to go forward with her coaching program primarily because my husband was skeptical. So, I'm afraid I can't tell you whether it would be a good idea or not. Best wishes!

Hi Justin, thanks for responding! It sounds like you could provide very helpful information. As it happens, I have decided not to pursue this opportunity right now; I'm working on a house hack instead. I'm glad to know though that are are ways to do this like you described. If I ever decided to go down that road, I'll look you up. I really appreciate your reaching out and offering ideas!

Lori Brock

Hi, I'm a newbie real estate investor considering purchasing a nice twelve room motel with a strong track record of repeat guests. The asking price is $625k. It's located in a USDA qualified area, and my husband and I have high credit scores and are VA qualified. I'd like to finance as much of the cost as possible, but also want to take advantage of the historic low interest rates. We currently have $80,000 in cash to work with. Additionally, my family would be on-site owner/managers. Owning and running such a place has been a long-time dream, and this place appears to be turn-key. How does a loan for this kind of property work? What are the loan options? Thanks in advance!

Thank you, Matthew! I'll ask about that.

Hey folks, I have an opportunity to join a mentorship program with Tresa Todd-Lugten and the Women's Real Estate Investors Network. It looks perfect for me, but I'm concerned there may be something bad that I don't know about. I'm not too worried about overpaying, just about getting bad value, or worse yet, bad practices. Does anyone have any experience with these people?