Investing Journals

i have tried to get financing for investment properties and it seems every bank wants 20-30% down is there anyone out there that has found a way around this. they ask for the total price then tell me i can finance 70-80% has anyone found a loophole aropund this????

Wow! Reading these postings is so incouraging! The more I read and learn the more exciting it gets. I just can't wait to do my first deal!

I was wondering if there is anyone in the Vermont or New Hampshire area already investing or bird doging? I noticed that there was someone 20min north of Boston MA that was having a forum to meet with other like investors. I have considered contacting him but thought I would see if there was anyone a little closer to me first.

Thanks for all of the postings I enjoy every ones information that the share!

Amy in VT

Hi everyone! It is so great to be able to talk to so many great people at the same time! Well to start I am doing ok so far I think. I have a buyer already pre qualified now I need to find him the right house witch is proving to be quite the challenge, it seems that every house that I find is already bank owned or in a short sale I should say, so as you know the Banks do not like to assign any deals on a short sale. My client is getting a litte tired of waiting for me to find him a house,I hope he can hold on a little bit longer. I hope I did ok with this talk to you soon..Diane

Hi,

Well this is day 1 of my journal. Don't have much to say except I have been so excited ever since I got Dean's book in the mail last week. Read it from cover to cover in like 2 days and want to read it again so bad. Can't wait to get the ball rolling on this!

ok we will try this again

Well I disected "Profit From Real Estate Now" and I did not want to waist another second so this is what I have accomplished so far. I created a letter to send to potential real estate agents I can work with, that was now about three days ago. I told them to e-mail me for more info. but only one returned the e-mail and after trying to reach her again, I have not heard from her in about two days.

Hi All!

I first want to say that I love this website. It is so positive and everyone wants to help.

I received Dean's books Profit From Real Estate Now" & "Be A Real Estate Millionaire" about 45 days ago. I have been reading through his books and am on my second read with PFREN and taking notes.

I think that I am a very good judge of character and believe in Dean, his information and that he is the real deal.

I received a long list of distressed properties from another state. I'd love to invest in these but don't know how as a newbie. The list was free, and from the mls database as it was sent by a realtor couple. What's my options? As some of you may know, my interest is in assigning and lease options. Thank you for your advice. Takeya

i need some help, i dont want to loose this deal my thoughts are to get a hard money loan and re finance to a bank loan because i dont have the 20 percent to go through the bank, i just dont know of a bank that will do a no seasoned finance after i get the home.

for NYC newbies, that is.

I posted a question of assigning step by step in another forum on another site. Here's the response of an investor here in NYC :

Dated : August 20, 2009 at 11:05:11
Subject: Re: Assigning.....step by step.

I'm in the NYC area, and while I don't do assignments as a vehicle of purchase and sale, but one managed to come my way some years back, so I'll give you the mechanics, which is pretty simple, and some of the issues.