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All Forum Posts by: Steve Reiley

Steve Reiley has started 2 posts and replied 6 times.

Post: How to get a low money down loan?

Steve ReileyPosted
  • Drexel Hill PA
  • Posts 6
  • Votes 0

@Alexander Flores Thanks ill check them out!

Post: How to get a low money down loan?

Steve ReileyPosted
  • Drexel Hill PA
  • Posts 6
  • Votes 0

Hey everyone, i am a brand new investor and I’m having trouble fining a lender that will lend to me without having 30-40k of my own money into the deal. I’m looking for properties in the 150-200k (purchase price + rehab) range.

A conventional loan require 20% down,

A couple of hard money lenders I spoken to told me I needed 20% of purchase price and then about 10k to start the rehab process

I was told I wouldn't beable to get a FHA loan because I wouldn't be occupying the house.

I have a partner and we have about 10k to start but it seems like all my options need a little more capital. Are there any other options I could explore or do I just need to raise more money for my first deal? Thanks, any info is greatly appreciated!

Post: Philadelphia area online Real Estate schools?

Steve ReileyPosted
  • Drexel Hill PA
  • Posts 6
  • Votes 0
@Jeremy Fisher Great job knocking it out! Way to be determined!! Thanks for the info I’ll definitely check out oncourse!

Post: Philadelphia area online Real Estate schools?

Steve ReileyPosted
  • Drexel Hill PA
  • Posts 6
  • Votes 0
@Chris Martino How did you like the CE Shop? I read some mixed reviews saying that they have hidden charges.

Post: Philadelphia area online Real Estate schools?

Steve ReileyPosted
  • Drexel Hill PA
  • Posts 6
  • Votes 0
@Sita B. Thanks so much I’ll check out Philadelphia community college!

Post: Philadelphia area online Real Estate schools?

Steve ReileyPosted
  • Drexel Hill PA
  • Posts 6
  • Votes 0

Hey I'm from the Philadelphia area and I am looking to get my Real Estate license. I found a couple sites but i wanted to see if anyone had any experience/advice on which school i should go with, and if online or in-person classes are better/worse or if it makes no difference. Based on some reviews i narrowed it down to the CEShop, Temple university Real estate school, and Polley.  Has anyone used any of these course before? Any information is appreciated, Thanks!

ww.theceshop.com

https://portal.recampus.com/re/templere/portal/wel...

https://www.polleyassociates.com