BobbiK

Michael Make sure you make your wife feel special on her day. My birthday is the 29th, I know how she feels. My husband celebrates a whole week for mine. Happy Holidays! Bobbi

Happy Holidays to all the Naked Investors and their families! Bobbi

Hi Dan I've been meaning to get in touch with you. Yes, our market is ripe for L/O's. I sent him the docs but I'm not going to put any further effort into this deal. I've been taking my husband with me when I talk to the sellers and he says I sound confident and knowledgable. Ha Ha, I've got them all fooled. Bobbi

It's just weird that last week I was the best thing since sliced bread and now... I don't have to make this deal, it's not going to break my heart to let it go. I'm just trying to understand the quick turnaround. Yes, Michael, I see problems trying to deal with him. I'll e-mail the stuff he wants and see what happens. I don't think I'll ever hear from him again. Bobbi

I'm Inc'd. Are you saying that's what I should tell him? I don't have a problem with giving him what he wants, it's all public record. I just didn't know there was a scam going on. After he gets my info he is going to discuss it with his attorney and some friends. I'll probably never hear from him again. Bobbi

I just got an e-mail from a potential seller asking me for my articles of incorporation, my EIN and statement of information from the Secretary of State. He said he heard of a L/O scam. Last week I was a life saver to him, now I'm some sort of con artist. WOW! Bobbi

Hi Naomi I have used Lexington not a good idea. The will get deletions but they are also notorious for re-insertions. I believe that if you do the cleanup yourself you are less likely to screw it up again. You also get the benefits of being a more informed consumer. Also, the credit reporting agencies tend to recognize when you are using a cleanup agency and reject most of your disputes. I posted a link to a board that I have been involved with for years, www.creditboards.com. There is no fast, easy way to credit cleanup, it's a lot of reading and learning the laws, which believe it or not favor the consumer. I think using Lexington is a waste of money and you should teach your T/B'rs how to do it themselves. When their reports are clean they will appreciate it alot more. You know the old saying teach a man to fish... Good luck and Happy Holidays, Bobbi

Naomi I used Lexington once before and I would not recommend them to anyone. I have been a member of creditboards.com for several years and I have been able to clear up mine and my husbands credit by myself. I believe that a person should do it themselves to learn not to screw up again. Please check out their forums. I think you will see that they are a bunch of really nice people that are always willing to help out just like here. I hope I didnt' break any rules with my recommendation. Bobbi

Hi Damien I'm an investor out of Temecula, CA. I would love to talk to you regarding your programs and referring my t/b's to you and if you have any clients that would benefit from l/o's sending them my way. Let me know if you would like to chat. Thanks, Bobbi

Thank you Michael, that's what I needed to know. I just wanted to verify my thoughts and when to tell the seller it isn't going to work. OK now I'm all set. I just need to find a seller Bobbi

Hi Michael I understand clouding the title and it's effect. I'm talking about a seller that is going for an SLO and wants money out now instead of 12 months from now. So am I right in suggesting a re-fi or a second? I know I read this in one of the many useless books and programs I bought. Is this made clear in your manual? I know if it's a good deal the money will come but I'm not going to give it to them and I want to be able to suggest other options for obtaining it. Or maybe this isn't even a problem and I"m overanalyzing. I just want to be prepared for the eventuallity. Thanks for your help, Bobbi

Hi Gerald Thank you for your reply. I made me realize I have to think like an investor, if 1 way doesn't work try another. Told you is was a stupid question. I am going to say welcome back, though. I think answering questions stimulates creativity. As soon as I come across a question I can answer, I will. Bobbi

when a seller needs some cash. Say you have a SLO in place and the seller needs a few thousand. Obviously, we aren't going to give to them. Do you suggest that they take out a second, sell the option to another investor? If you convince them to take out a second do you incur that payment? I do know that the argument for a second is you don't pay taxes on a loan, in fact there are tax benefits. I know that you are probably thinking this is a stupid question but I don't think I've really seen this discussed anywhere else. Bobbi

I understand completely. No, you aren't a dinosaur just proactive against piracy. Nothing to apologize for. Bobbi

Oh too cool! I will be ordering that right away. Do you offer it digitally so I don't have to wait for delivery. The reason I ask is that I am a truck driver and it takes weeks to get my mail forwarded. I have internet access constantly (thank you Sprint). It's the only thing that keeps me sane waiting for a load. I have been able to get in countless hours on different forums. I have everything in place to start my investing the beginning of next month. I can't wait to get out of this truck! Sorry to ramble. Thank you for your replies and the gracious way you share your experience with everyone here. Bobbi