Financing and Credit

Hi to everyone,

I am a college student in NJ, with no income and limited credit, and after finishing BARM I am thinking of doing finders fees on foreclosed properties around my college. At my college there is a high demand for house rentals for the students because there is limited spacing in the dorms. On craigs list there are hundreds of students posting for rentals in their criteria. However I am having an extremely hard time finding investors and buyers. I'm hoping someone could give me advice on how to locate buyers and get started on this process.

Hi, I'm very new to this and I've read a lot of comments in this forum. I am so impressed by the support you guys give to each other, which just make newbies feel more welcome. Quick question though: I am an international college student. I need to pay for college tuition and expense. Thus, I just have at max $5000 to start with, and I have no job, no collateral right now (no back up in finance because my parents are very far away and don't support me. I live in an apartment). What's the best way for me to use the money?

Hi I bought Deans two book 3 weeks ago I finished "Be a Real Estate Millionaire" and have 2 chapters to go on "Profit from Real Estate Now". I am in the military and going through a horrible divorce, so I decided to buy the book so I can be finacial stable.

Hello DG Members,

I am looking into a large multi-unit apartment complex in Michigan and have had no luck finding a commercial lender. Can anyone recommend a strategey or a lender that would be interested in a very good cash flowing multi-unit apartment building. Several bankers stated it looked good on paper, however their banks are a little tight fisted with the cash due to the economy and their desired reserves. Thank you for your assistance. Believe and Achieve!

Hey everyone!

I got a call from a guy that wants to invest his money in RE! I explained some different ways to do this (the best I could anyway!) & he is getting with his financial advisor to get everything in "order". He wants to get together to brainstorm soon...

I'd like some feed back on the best "win-win" for BOTH of us! (he has CASH) "How to work with your partner" stories if you could, Thanks a bunch!

Dawn

PS...WHOOOOOOOOOHOOOOOOOOOO!

hey there everybody, it is wounderful to start this neew web journal. My name is Mathew R. Wright, i am 20 years old, i am getting married to a beautiful redhead in less than a month from now, i also haw a wounderful newborne due in eight months from now too. All this with this new program i am just getting started to, has gotten me more pumped than ever, and now all i can think about is RE. invsting...

I have a list of REOs I'm making offers on tomorrow. The realtor wants approval letters or POF letter for all of them. I'm worried because I read in recent posts that some banks are not accepting POF letters from companies like Coastal anymore. If that's the case, how should I proceed? I won't get far without proof of funds.

I found these on REIclub.com and some my already be out of business but its a start. Check them out, I am. Use at your own discretion. Be conscieous of due dilligence and good luck!

1ST American Secured Capital
HML Loan Type Residential and Commercial
Lending Area CA and NV
Contact TJ
Address 300 West Grand Avenue, #300
City, State, Zip Escondido, California, 92025
Phone 760-546-0333
Fax 760-546-3001
Web Site www.AmericanSecuredCapital.com
Email [email protected]