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All Forum Posts by: Mercy Postema

Mercy Postema has started 3 posts and replied 8 times.

Post: Looking for Transactional & Private Lenders in Southern Californi

Mercy PostemaPosted
  • New to Real Estate
  • Riverside County, CA
  • Posts 8
  • Votes 1

Thank you Andrew for all your advice! I will look into it the local forms 

Post: Looking for Transactional & Private Lenders in Southern Californi

Mercy PostemaPosted
  • New to Real Estate
  • Riverside County, CA
  • Posts 8
  • Votes 1

Hello BP family,

I'm correcting a precious post. Looking for transactional & private lenders for Southern California. Any referrals would be gladly appreciated! Thank you

Post: Transitional lenders in Southern California

Mercy PostemaPosted
  • New to Real Estate
  • Riverside County, CA
  • Posts 8
  • Votes 1

Thank you guys, I appreciate your response! I actually meant Transactional lenders....dah!

Post: Transitional lenders in Southern California

Mercy PostemaPosted
  • New to Real Estate
  • Riverside County, CA
  • Posts 8
  • Votes 1

Hello BP Family,

I am looking for a few transitional lenders in Southern California and currently doing business in the Inland Empire/ Riverside County area. Does anyone have any referrals they can suggest.

Also, if you know any private lenders, I would love that information. 

Thank you in advance! 

- Stay blessed

Post: Qualifying for a fix & flip loan or transactional funding

Mercy PostemaPosted
  • New to Real Estate
  • Riverside County, CA
  • Posts 8
  • Votes 1

Thank you Shere for reaching out! 

So good to hear and I dont need an LLC to get approved? The property is located in San Diego, CA. It does need minor cosmetics (new carpet throughout, paint, and countertops) but at this time I think I only want to pay off the sellers existing mortgage and back pay and sell it with a realtor to sell quickly and let someone else handle the repairs. Trying to turn deal quickly

Thank you for your help!

Post: Qualifying for a fix & flip loan or transactional funding

Mercy PostemaPosted
  • New to Real Estate
  • Riverside County, CA
  • Posts 8
  • Votes 1

Thank you Kevin! I appreciate your quick response!!

Post: Qualifying for a fix & flip loan or transactional funding

Mercy PostemaPosted
  • New to Real Estate
  • Riverside County, CA
  • Posts 8
  • Votes 1

Hello BP family,

I'm new to investing. I have a 1st deal in the works prior to establishing an LLC and need funding. How do I go about qualifying for a loan ASAP with no prior experience? Need a loan to fund the complete mortgage to save from going into auction which is estimated at $620k (includes back owed amount is $70k, attorney fees, etc). Once we obtain loan, we want to turn around and list it on the market.

Seeking immediate advice! Thank you all for your advice in advance!

Post: Good Walk Through Form/Checklist

Mercy PostemaPosted
  • New to Real Estate
  • Riverside County, CA
  • Posts 8
  • Votes 1

Hi Jonathan,

I didn't see your Checklist posted and I'm trying to build up a good foundation as a new investor as to what all I need to stay organized with paperwork. Would you please send me a copy of your template and any others templates that you believe would be helpful to keep me organized with each property I purchase. You can find my email within my profile :) Thank you for your time!