All Forum Posts by: Tamara Koonce

Hi @Barbee T. What’s PM?

@Geordy Rostad yes thanks for your tips. I have two properties under my belt now. I have a multi in NYC I currently live and a SF in Detroit. I’ll most likely have to wait until I can rinse and repeat.

@Jay Hinrichs thanks for your reply. I will continue to explore my options.

@Geordy Rostad thanks for replying. I am buying and holding a property in an inexpensive area. I did try Prosper but wasn’t able to get approve. It didn’t help that I already had a couple pulls from my credit trying to attain a loan. The few debtors that did approve me were rates as high as 14%.

Any ideas?

I found a property on Zillow and I was directed to a buyer's agent. Once she acquired information from me about the property, she confirmed it would be a good buy. I tried to get a private loan but couldn't get a loan for that amount. I want to approach the seller with seller financing. Do I have to involve the agent?(I know my first mistake was not getting a pre-approval on the home before I started.) How would I make the terms on the seller financing? Do I need an escrow agent?