Financing and Credit

Hi Everyone-
This is my first post!
I just wanted to look for some feedback on hard money. I'm currently looking to finance my first Foreclosure via hard money.

I am in the Army and would like to buy a property where I am stationed near FT Polk, Louisiana. I married my wife, a nurse in Phoenix, AZ, about 4 months ago.

She is going through a house foreclosure in AZ right now. I tried to get a VA loan but as LA is a community property state I did not qualify. My credit score is around 800, heres 600. I think the main problem is that her debt for house exceeds what my officers pay can match.

Hi,

I'm new to the site and have a few questions... I am almost finished reading Dean's "Be A Real Estate Millionaire" I got so inspired that I started locating properties to purchase (or at least for someone else for now and I make a profit helping to expedite the deal).

There are 5 properties in and around Atlanta GA that are priced way below the market value by $60,000 - $100,000.

They are in good areas and don't look like they need much work. Is there anyone out there able to give me some direct as to how to purchase these or partner up with someone who can?

We found a great deal the other day that we wanted to move on. Our first reaction was "we can scrape up the $10,000 we need for a down payment on this property from our savings accounts." Then, after the smoke setteled, I realized what we had done and I was very dissapointed with myself. We got so excited about finding our first property that we wanted to make the move right now, instead of taking a step back and thinking how could we use other people's money to buy this for us...

Win at the Credit Scoring Game
By Carla Fried
CNN Money
August 27, 2009

To get the best deal on a loan, you need some new strategies to bump up your score - and keep it there.

Borrowing money today requires impressing an increasingly hard-to-please crowd. With creditors of all kinds more cautious than ever, you need an A+ application to land the best terms -- and that means an A+ credit score, the number lenders use to judge your risk of default.

I am the quiet observer type, and this is the first time I have posted anything so, here it goes. I found an investor that was willing to assist in liquidating equity in a property by platform trading.
1) I am not 100% sure how that works?
2) The seller I am working with has never heard of it.

Does anyone know where to find more info about a form to make it legal to pool money for Real estate investors without having to form a LLC or other entity.

Thanks

I am new to investing and learning all the methods and options and I am still a bit fuzzy on some things...one thing that came up today was:

In the instance of an IEE with traditional financing like a bank that requires the property to be owned by the previous owner (me) for 90 days, what is the best no money down method to use?? I was trying to brainstorm and though of seller-financing with the original seller or hard money...am I way off? or is there an simpler/easier way to do this?

Thanks a bunch!
Kelly

I need private money's or another
Investor right now to assit me in buying a REO.

Bob 805/264-7432

I need private money's or another
Investor right now to assit me in buying a REO.

Bob 805/264-7432