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All Forum Posts by: Velma Trayham

Velma Trayham has started 2 posts and replied 5 times.

Post: Realty 411 Expo - Atlanta

Velma TrayhamPosted
  • Flipper
  • Atlanta, GA
  • Posts 5
  • Votes 6

Are you ready to take your real estate business to a whole new level? Do you aspire to be a real estate investor but don't know where to start? Are you looking for smarter ways to invest your money? Join us November 11 in Atlanta, GA.

*NON-Stop Tips for Real Estate Success ~ Make This Your Year!

*We Want & Can Help YOU Succeed. Bring Lots of  Cards. RSVP Here http://realty411expo.com/events/atlanta-ga/

MEET THE LINDA P- OWNER OF REALTY 411 MAGAZINE, AWARD WINNING BUSINESS EXPERT AND REAL ESTATE INVESTOR, VELMA TRAYHAM and other local leaders and company executives for the Real Estate Expo of the year with Realty411 REALTY EXPO

RSVP 

*NON-Stop Tips for Real Estate Success ~ Make This Your Year!
*We Want & Can Help YOU Succeed. Bring Lots of Cards

Post: $474,725.00 Wealthier Today...

Velma TrayhamPosted
  • Flipper
  • Atlanta, GA
  • Posts 5
  • Votes 6
Wow! This is really awesome. How did you get the lead ? Keep up the great work. 💪🏾
Originally posted by @Stan Sugarman:

I am a lender in Atlanta and have never heard the bank account log in criteria before. I have asked for bank records but the borrower can black out all but the last 4 digits. The industry is unlicensed in Georgia but a reputable lender should have references to share. All of us lenders know each other and refer business back and forth so feel free to ask questions. The big companies are Lima One, Angel Oak and Paces Funding. We are a niche lender so we don't offer the range of products they offer.

 Thank you Stan! This information is helpful. 

I recently had someone who claimed to be a private money lender ask to log in to my bank account as a criteria, which then I began to get skeptical. And when I began to ask questions of the lender like what his website, references  of others in which he  have loaned money to, the reply was he cant share his other clients information. So basically nothing verifiable. When I googled his name nothing came up. He claimed he was not on social media. I mean come on .. who is not on social media these days?  Long story short..... I think there are some scams on these sites posing as lenders to get your personal information. I have previously been funding my deals myself but now have decided to leverage my money by using private money. Have anyone experienced this before? How can we prevent this from happening especially  to someone that may not be savvy enough to ask the right questions and conduct the proper vetting? 

Any good solid credible  referrals for private lenders investing in Atlanta, Ga area?

Post: Favorite ways to find good contractors?

Velma TrayhamPosted
  • Flipper
  • Atlanta, GA
  • Posts 5
  • Votes 6

This is a very good question. I have found a couple of good ones on Craigslist and by actually finding them working on jobs. When I place and ad on Craigslist I ask that they reply first with a portfolio of before and after pictures and 3 references In which I can call and or in person meet and see the work that have been done. Those are the minimum things I request to even move forward with additional vetting.