All Forum Posts by: Steve Lohbeck

@KA are there beavers running around wild over there?

@KA it looks to me the property is only worth $20,000 tops. Location, location, location.

I just tried to buy a property with none of my own money. I was talking to a lender and he told me that real estate in California he can get me a loan for 90% and 10% I would have to pay. So I am a newbie so I ask the owner if he was willing to carry the 10% which he said yes. I get back to the lender and he tells me now that rule does not apply to carry back. So I asked him the bottom line is I have to put up some of my own money and he said yes. No one is going to finance you 100%

@ER i want to buy foreign properties cheap lol

@JR Excellent advice thanks

I do not believe all the hype of making deals without any of your own money.

impossible

everyone is telling me i need at least 10% of my own money to make the deal go through true or not????

@JS Welcome i am a newbie also

@RG I am trying to bid online for one property now can i make an offer even when i have no money.