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All Forum Posts by: Michael Mullins

Michael Mullins has started 33 posts and replied 420 times.

Post: Having Owner's data, best option to get the phone no

Michael MullinsPosted
  • Investor
  • Cedar Park, TX
  • Posts 463
  • Votes 177

I understand what your going through. I find if you use a quality skip company like skipgenie, give them a search. Secondly, I would create a process and procedure on the way you attempting to contact them. Meaning, I contact in this order, email, text, call, mail. 

The first email/phone number might be bad, so that means you need to put the second email/phone number into the automated system like reiblackbook. 

That way you have a way to make the numbers work for you, and not against you.

Post: Wraparound Mortgages and Subject to

Michael MullinsPosted
  • Investor
  • Cedar Park, TX
  • Posts 463
  • Votes 177

I close about 1 or 2 a months, you want to go to a rei meeting in your area and start networking with local investors that are doing sub2 and wrapped deals. Just ask them what lawyer / title company they like to use. Then call that lawyer / title company and drop that persons name. 

Ask the lawyer / title company what the process is, paperwork they need, how long it will take to close, and how much each cost. 

Hope this helps

Post: Fort Hood Area Investor Meetup

Michael MullinsPosted
  • Investor
  • Cedar Park, TX
  • Posts 463
  • Votes 177

@Cameron Davis

Glad to have you aboard.  it’s a great group to be in a lot of knowledgeable people. We are meeting up at  Billy Bob's Burgers in Killeen this Friday @ 6.

See you then

Post: Getting Business Credit (fund and grow)

Michael MullinsPosted
  • Investor
  • Cedar Park, TX
  • Posts 463
  • Votes 177

@Jade Shevling

Thanks for posting Jade. Please keep us posted on what your experience is, and the process you went through. 

Thanks again.

Michael

Post: Getting Business Credit (fund and grow)

Michael MullinsPosted
  • Investor
  • Cedar Park, TX
  • Posts 463
  • Votes 177

@William P.

I’ve done some research into it. But I can’t get anyone or find someone that has used them in real life. Still looking. 

Post: Getting Business Credit (fund and grow)

Michael MullinsPosted
  • Investor
  • Cedar Park, TX
  • Posts 463
  • Votes 177

Hello BiggerPockets,

I'm looking into companies that get business credit for you. So you can use that credit responsibly to grow my real estate business. Business like fund and grow. Has anyone use a company like this during the Covid Pandemic or before. I'm hearing that banks are cutting back on funding because of the Covid and the unknown of our economy.

Thank you,

Michael R. Mullins

Post: Help with Fund and Grow

Michael MullinsPosted
  • Investor
  • Cedar Park, TX
  • Posts 463
  • Votes 177
Hello Christy, 

Are you still happy with fund and grow. I'm thinking about using there service. 



Originally posted by @Christy Osterkamp:

Jonathan Girard:  Sorry I didn't respond, I need to figure how to get notifications better.  After almost a full year with Fund and Grow, they were able to facilitate over $160,000 in zero percent intro credit cards, including personal and one 

of our LLCs. We already had our LLC's in place, and I probably wouldn't have felt comfortable with them creating the entity for us, as they were created by Garret Sutton's organization whom I trust implicitly.

The second round brought new cards, but no raising of credit limits on the first round.  I am considering whether to renew for another year, but overall I am very happy with their service.  Also, their relationship with Kaydem Credit which we paid for separately at a fair price, helped us raise our FICO scores from below 720 to now 750-788.  Well worth the price.

Hope that helps!

Christy Osterkamp

Post: Fund and Grow Questions

Michael MullinsPosted
  • Investor
  • Cedar Park, TX
  • Posts 463
  • Votes 177
How much did Plastiq charge you to take the money out, and how long does it take for the money to arrive at the title company.

Originally posted by @Robert A. Coloma:

@ Shawn Regnier

1. Yes. 

2. They don't ask if you are going to use to flip, rehab or whatsoever.

3. I signed up with the membership.

4. They don't give you the cash. It's multiple business credit cards and they don't  show up on your personal credit. You use a company called  Plastiq to pay bills that don't accept credit cards. 

Hope this help!

Post: Austin - large offers over asking

Michael MullinsPosted
  • Investor
  • Cedar Park, TX
  • Posts 463
  • Votes 177
I’ve seen 8-12% over asking price. It’s crazy stupid 


Originally posted by @Stephen James:
Originally posted by @Michael Mullins:

In Cedar Park and Leander, houses here are going way over the asking price. I really don't understand what is going on. They must be coming to closing with a large bag of cash. LOL

 It seems like it lol, duffel bags.

What types of numbers (differentials) have you seen in those areas?

Post: Killeen, TX Investment Property

Michael MullinsPosted
  • Investor
  • Cedar Park, TX
  • Posts 463
  • Votes 177

Killeen area is a great area for rentals a little harder for flips. So you are in the right area. 

Feel reach out if you have any questions about the Killeen area. @Jeremy Fay is a local real estate agent that knows that area too if you want to purchase off the MLS.