All Forum Posts by: Steven Scheer

Get that money.

I agree with @Matt Faix. Opening to the BP app while on a mobile device would be a lot more convenient.

Oh, I know all about the $40k hard sells for seminars. The red flags immediately go up when somebody offers me strategies on increasing my credit limits to pay for a 2-day seminar that cost more than my college education. For all the good that has come from reading "Rich Dad, Poor Dad" I'm not a fan of what I have seen from of the supplemental materials and their associated costs (disguised as investments at the seminars). Thanks for your input. I misinterpreted your original post as a personal attack.

@Chris Martin I never wrote in any post that I was going to do it. I was curious and asked if others had experience in this approach.

I'd try hitting up a website Legal Zoom where you can get (relatively speaking) less expensive legal advice. Expecting her to clean up after her pet is not at all unreasonable.

@Rachel Luoto It would be purchasing an entire home using credit cards. None of the lenders I have spoken with will allow for an investor to make a down payment using credit card; which makes perfect sense to me.

As @Jason Martinez mentioned earlier, cash advances deposited to a checking or savings account could work. @Christian Steiner also mentioned a second strategy using a POS device such as a Square credit card reader.

Even if the loan officers I have spoken with allowed me to make a down payment using a credit card, I would not do it. Seems like it would be a cash flow killer.

@Sam Shueh: thanks, but this would be an investment property purchase. Do you know a way(s) to take advantage of FHA while not being an owner occupant?

@Keith O. Do you have a link to his video(s)? If not, I'll see what I can dig up. Also, thanks for the information.

@Eric DeVito I'm repeating what many other people have stated on this forum, but stay strong. If REI is for you, then it's for you. When you're a success, their tone will change and they'll start saying they believed in you the entire time.

When Bill Gates left Harvard University to start Microsoft, I am willing to bet there were many people that told him he was crazy. Look where he is now.

The story seems to be the consistent with many people that attain financial success. Notice how the naysayers never seem to attain financial independence?

Thanks to everybody that contributed constructively. @Jason Martinez, do you mind if I PM you to pick your brain about using personal loans?

@Dalton Kiley Thanks for chiming in. I am also looking forward to input from other investors.