All Forum Posts by: John Zackery

I am in the same situation. I have deals, I have knowledge from hours of bigger pockets podcast, books and real life. I even have sales experience and convinced a hars money lender to fund the deals but with money for appraisals, down payment and to pass the application process with the lender it is dead in the water. A partnership brings the last two components, experience and capital. I feel great that I was savvy enough to convince a lender but that's the extent of it for now. 

I am in the same situation. I have deals, I have knowledge from hours of bigger pockets podcast, books and real life. I even have sales experience and convinced a hars money lender to fund the deals but with money for appraisals, down payment and to pass the application process with the lender it is dead in the water. A partnership brings the last two components, experience and capital. I feel great that I was savvy enough to convince a lender but that's the extent of it for now. 

I need to know what fees are associated with hard money lenders from beginning up to the close on purchase. I know the percentage after the sale but what will I pay to get the loan.

Hi Colton. I have a guy you might want to get to know.

So as my journey continues it has been an onslaught of scammers and ridiculous websites. At 12 contacted me trying to extort money. For a moment the frustration was overwhelming but o went back to work after a break to scream my head off. Finally I was contacted by Jan Saltzman of LMC Capital LLC and Michael Gallon of S & M Financial Group. Any information about them or experience with the company would be appreciated.

I was contacted by a Michael Gallon of S and M Financial group about a hard money loan. Has anyone heard of or had dealings with the person or company??

Very informative and interesting.

great thread.

Wow great advice. Thanks. I think the financing is the issue. With no experience and no credit I will have to sell a vision of the future of this property and guide it to a profitable end. I think it is a matter of specific planing on paper to present that has ever detail and contingency plans mapped out. I have just never done it.

Unfortunately that isn't an option while I'm still under the land contract or I would simply rent it out and do repairs later.