Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Mario Luna

Mario Luna has started 2 posts and replied 4 times.

Post: New Investor in California..

Mario LunaPosted
  • Modesto, CA
  • Posts 4
  • Votes 1
Originally posted by @Arthur Fuller II:

who wants the paper work? the Auction or the hard money lender?

I have yet to apply for a hard money loan (I don't have the $$ to purchase via cash either so I will be going the hard money route) but I would assume that once the lender approves your loan you can get a POF from them.

I have a question for you, how (or why) did you apply for a loan before you have a property to flip? I have located some good pre foreclosures but have not gotten anything under contract yet so I have not applied for a hard money loan.

 Hello Arthur..

The Auction..they want that before I can bit on anything.

Post: New Investor in California..

Mario LunaPosted
  • Modesto, CA
  • Posts 4
  • Votes 1
Originally posted by @Arthur Fuller II:

who wants the paper work? the Auction or the hard money lender?

I have yet to apply for a hard money loan (I don't have the $$ to purchase via cash either so I will be going the hard money route) but I would assume that once the lender approves your loan you can get a POF from them.

I have a question for you, how (or why) did you apply for a loan before you have a property to flip? I have located some good pre foreclosures but have not gotten anything under contract yet so I have not applied for a hard money loan.

 Hello Arthur..

The Auction..they want that before I can bit on anything.

Post: New Investor in California..

Mario LunaPosted
  • Modesto, CA
  • Posts 4
  • Votes 1

So I've been checking out Auctions...and there is some great deals..I've applied for a Hard Money Loan, but they want a lot of paperwork upfront, information that i don't have yet...

How can I go into an auction with out a POF Letter?

Post: New member in California

Mario LunaPosted
  • Modesto, CA
  • Posts 4
  • Votes 1

Hello everyone... My name is Mario Luna.. I recently found this website, and how helpful it is ...if you  have any advice on how to get started in this business..how you started..any obstacle you found along the way..let me know..I want to know how others struggle and what kept you going..

Thank you!!

Have a successful day!!