Financing and Credit

Looking to network with like-minded individuals in Sacramento. I have been investing for five years and also have a rental service. Pm me ASAP!!

I have 3 properties that are fully paid off; I need to take some equity out but having no luck with the banks.I need cash fast and I just have these home sitting with tenants. Anyone have any idea how I can get some cash out of these houses? Thanks

my wife and i are looking to finance part of our new real estate career with IRA money..has anyone out there done this and if so how did you select the company to set it all up? there are a lot of companies that would set up an IRA ,but not so much an IRA for real estate investments..are there ways of getting references for these companies to check them out first?
we thought we had a company selected we found right here in new hampshire, but when i went to call them to ask questions it went to voicemail and we didn`t recieve a call back for 24 hours and then the guy promised to email forms and 3 days later i still haven`t recieved anything. so i`m leery to do business with someone that isn`t more prompt..any advice?
thanks.......bo & becky

I'm having a hard time finding a cash lender that when I tell them that I'm a real estate investor doesn't hang up on me in PA why is that?

In the PMI chapter about "Building the sellers list" one of the important points they make reference to when talking to a seller is, "If I could offer you cash in two days what is the least you would be willing to to accept" My question is this: When they make mention to "cash" what is it exactly that they are referring to here?

Here is a list of Transactional Funders. Each have theie own policies and procedures, so you need to call and ask questions and decide from there.

ivisionaryfinancial.com

tempofunding.com

shortfunding.com

shortsalefundingnow.com

besttransactionalfunding.com

realestatetransactionalfunding.com

dpaservicing.com

doubleclosecapital.com

investorfundingsite.com

onedayfunding.com

These are the better one's, as there are really some bad one's out there. I listed as you can see, their websites only.

Hope this helps.

I found this article I found very interesting. It talks about being able to buy property after a forclosure.

After foreclosure: How long until you can buy again?
By Les Christie, staff writerMay 28, 2010: 7:58 AM ET

NEW YORK (CNNMoney.com) -- Walking away from a mortgage you can still afford to pay has consequences; everyone knows that. Your credit score is shot and it can be impossible to get credit.

Some homeowners, no doubt, believe that the credit score hit is worth getting out from a deeply underwater mortgage. They may owe, say, $500,000 when their house value is only valued at $350,000. And, they figure, there's no way it will ever be worth what they owe so it's better to get out from underneath the burden.

Hi everyone,
First time on here; well I have found like 5 deals I know I can make money from, but no clue how to process since this is the first; I have buyer all lined up but do not know how to do the transaction and making sure I make my money; one property is a REO I was thinking to get that one and use for a rental 2 floors then flip when the market is good, bank asking $16000, one tenant still living there; great condition; well how do I do this deal with no money down!!

Go to craigslist and try typing in "owner financing." You will get a ton of results that can lead you to some instant no money down deals real quickly. Even if you don't necessarily need owner financing, odds are you've just found a list of motivated sellers.

Hi,

I was watching the Gain the Edge 09 DVD's and I wanted to build my business credit.

My question is: How do I get a EIN number?

I looked it up on Google and a lot of different sites come up. How do I know what's a good company to go with.

Anyone have any recommendations???

Thanks