Jump to content
The forums have been archived and are now read only. Years of great info saved for your reading pleasure. Thank you! Visit us on Facebook: https://www.facebook.com/NakedInvestor/ ×
The Naked Investor Forums

tdfloans

Members
  • Content Count

    14
  • Joined

  • Last visited

Community Reputation

0 Neutral

About tdfloans

  • Rank
    Newbie
  • Birthday 09/09/1970

Contact Methods

  • Website URL
    http://www.fidelitycenters.com
  • ICQ
    0
  • Yahoo
    tdftrades

Profile Information

  • Location
    Southern California
  1. Looking for Angel Investor(s) for $100k, could be split into 2 investors of $50k. Condo project in W Pheonix, right off I-10, growth & appreciation has been tremendous. Investors would see a gauranteed rate of return in apprx 2yrs, PLUS a split of a flip of these newly developed condo's which will have anywhere from $60-120k of BUILT IN EQUITY! I have all the details, but must hurry, right to get in on this is almost gone. Contact me ASAP.
  2. Sorry, that's my reply above, forgot to log in.
  3. YES, they do. They put deals together for Investors like myself. They r exclusive to investors of this real estate education company. But Im not obligated to use their lender, prop mangt, ect. TDF
  4. Ok, let me clear up a few things. Im involved with a company that finds me the deals (property) and they have a prop mang group that gets you an LO tenant (usually before your 1st pmt), screens them (credit, police records, ect), negotiates the deal for you (based on the terms u told them). After that, they just collect the rent & forward it to the me (you could cancel that if u wanted). These properties are out of states, already vacant homes ready to be bought with equity. I dont have time to manage (nor do I want to) out of state properties. Again they charge 1months rent plus 10% a month (optional). Is this still too high, based on this info? Im not dealing with a seller. I dont have to use this company, but it's convenient. What are your thoughts? Please advice. TDF
  5. Hi, can someone tell me what's a normal fee a prop mangt company should charge? Im thinking of a property to invest in, and the PM fees are 1months rent & 10% a month...I was told that's kinda high? They find the LO tenant (almost always before 1st months mortgage is due), negotiate the deal (based on the terms I've told them), and collect rents. Is that standard? TDF
  6. Anyone have any properties in the Riverside/Moreno Valley/Corona area? I have a family member who cannot buy at CA inflated prices, and needs to improve credit. Will take small house, condo/townhome, or even mobile/manf home. Able to pay only $900-1000/mo. If anyone has ANYTHING fitting this description, please contact me ASAP. Thank you.
  7. Can someone please give me a website that has all the real estate info Im looking for. I've found several websites that have some, but not all in 1 site. If anyone knows of a website that has all of the following, please share: All Major US Markets Appreciation rates for a min 5yrs Overvalued/undervalued info Avg rent/vacancy rates
  8. I have a few ?'s regarding the manual MichaelC offers on his site. 1) Are Cooperative Assignments & Lease Option Purchases the samething? If not, what's the difference? 2) Do you need to be in a good appreciating market for these niches, and if so, does MichaelC teach you timing, and how to find those markets? 3) Does it show you how to find tenants as well? That's just as important as how to buy the home. Thanks in advance!
  9. Need a mortgage broker to handle ALL your mortgage needs? Tired of going to 1 lender for an Option Arm, and to another lender for Hard Money loans? Tired of looking for different lenders in each state? Then look no further! My name is Toby Ferguson, based in So Cal, and I work for First Fidelity Centers. I can provide you with ALL of the following types of loans: Investor loans (option arms, interest only, stand alone 2nds), hard money loans (requires a credit pull, but is almost solely based on equity in property), commercial AND residential loans, mobile home loans, and construction loans. I can do A paper, Alt A, Sub Prime, and Foreclosure/BK bailout loans. We are licensed in ALL US States except: NY, IA, IL, SD, ND, RI, WA, and District of Columbia. Some of our highlights....can do Re-Fi's with less then 6mos seasoning, Stated I/O loans down to a 620 score, 100% N/O/O Loans Stated with a 680 score, and re-fi's with all credit scores less then 500 if LTV is 65% or less. Give me a loan situation you have that you can't get done, let me try!!!
  10. Oops, spoke to soon. The undervalued areas are on that list as well. I don't know alot about Lease Option Buying yet, but I know in the overvalued areas, foreclosures will soar. So for me this list just confirms my thoughts on getting into foreclosures in Cali. It would seem like the undervalued areas would be better for Lease Options...is that correct? If you wanted to look into the strategy of obtaining homes for 1, 2, or 3yr lease options, and then sell, you'd want a good appreciating market, correct?
  11. Uhg! Los Angeles is only #20?? I DEMAND a recount! Oh, does only FL allow recounts?? Hahaha! Now, where do we go to find out the markets that are undervalued??
  12. I have seen people, (or companies), offer large sums of money to use your 700+ credit score. They offer to pay you at closing (say $10k), then say they will re-fi within 6mos and quit claim you off the loan. They also say all monthly payments all paid thru escrow automatically to ensure no lates. All this is supposely in writing & can be verified. I would do the loan of course, to monitor it as much as possible. So far, the advice I got is "these are ALL scams", or "They are some legit offers like this, and some scams, be careful...most legit offers are for commercial property" Any 1 have an opinion on this? Thx!
  13. Hello Bev, and Happy B-day as well! I found this board by referral basically because of you being from Cali and a real estate investor. I don't know the lady's handle on here, but we talk on the phone regularly. Looks like you're a reg here, so any tips you could pass on to someone just starting to look into investing would be great. Happy B-day again!
  14. Hello, I'm new to this site as well. I'm just starting out with investing in RE, although I've been in the mortgage biz for over 3yrs now. I have not ordered the book promoted on this site, just here to get info for now. Is this site helpful for you investors? How would u rate the book? I also want to network with investors here because I'm nationwide mortgage banker, licensed in 42 states. I can do all types of loans, commercial, residential, construction, mobile homes, A paper, sub-prime, as well as private or hard money loans. Hard money, Option Arms, and Interest Only loans are popular with investors. Any help in pointing me in the right direction for these things would be greatly appreciated. Any feedback would be helpful. Thank you in advance. TDF
×
×
  • Create New...