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All Forum Posts by: Shayna Queen

Shayna Queen has started 2 posts and replied 8 times.

Post: Realtor.com Lead Generation

Shayna QueenPosted
  • Real Estate Agent
  • Greenbelt, MD
  • Posts 9
  • Votes 3

Does anyone have any updated experience working with Realtor.com lead generation? I got my real estate license and then COVID happened. I really just want to be able to get in front of more people. I have done and still do Facebook ads, Google ads, mailers, Zillow and NOTHING has produced a return! I’m going to give Realtor.com a try. They have my preferred zip codes available and it will be less that what I am paying for in Facebook ads.

Any reviews of the lead quality?

Post: LOC, lines of credit, purchasing property,

Shayna QueenPosted
  • Real Estate Agent
  • Greenbelt, MD
  • Posts 9
  • Votes 3

@Alicia Yoder thank you for sharing. This makes me hopeful that my creative financing is not a completely bad idea!

Post: LOC, lines of credit, purchasing property,

Shayna QueenPosted
  • Real Estate Agent
  • Greenbelt, MD
  • Posts 9
  • Votes 3
@Jason DiClemente yea I thought about a personal loan for the down payment as well. I will need to find a lender that will accept the money however I have it. Thank you! Hopefully I will have a success story to share soon!

Post: LOC, lines of credit, purchasing property,

Shayna QueenPosted
  • Real Estate Agent
  • Greenbelt, MD
  • Posts 9
  • Votes 3
@Jason DiClemente awesome thank you! I am definitely looking to get rid of the property a quickly as possible. With HML will I need to liquidate and have money in my business account or will they accepted the LOC and cash? It probably depends on the HML right?

Post: LOC, lines of credit, purchasing property,

Shayna QueenPosted
  • Real Estate Agent
  • Greenbelt, MD
  • Posts 9
  • Votes 3
@Jason DiClemente thank you! Your experience is what I thought my experience would be like. But as I mentioned before I have little capital to work with. For my first flip I am trying to get my foot in the door. And hoping I can find a lender willing to work with me.

Post: LOC, lines of credit, purchasing property,

Shayna QueenPosted
  • Real Estate Agent
  • Greenbelt, MD
  • Posts 9
  • Votes 3
@Christopher Phillips thank you! This is very helpful

Post: LOC, lines of credit, purchasing property,

Shayna QueenPosted
  • Real Estate Agent
  • Greenbelt, MD
  • Posts 9
  • Votes 3
@Christopher Phillips thank you for your response. I thought it might be a good idea to work with a hard money lender and use the LOC for the down payment they require and to front the rehab. I’ve been looking for any strategy that may work for a new investor that has little captial.

Post: LOC, lines of credit, purchasing property,

Shayna QueenPosted
  • Real Estate Agent
  • Greenbelt, MD
  • Posts 9
  • Votes 3
I am working with a company that is getting LOC on my behalf. I want to use the LOC to purchase my first investment property to flip. Anyone have experience with this process? I know that this process is going to ruin my credit score in the short run and I am worried about needing to go to a hard money lender later.