I need a real estate agent. - GoFuckYourself.com

Kard63 · 12-16-2004, 10:46 AM

I need a real estate agent. I would like to buy 10 rental properties very soon. I would like to know how lending qualification vary when buying investment homes rather than the old rule for a home you live in. The old rule being 'the mortgage payment should not be more than 29% of your monthly gross'. Thats incredibly ruff but that is a theory in it then you adjust for all the specifics. Obviously I will not meet that standard for 10 houses.

Kard63 · 12-16-2004, 10:14 PM

azguy · 12-16-2004, 10:22 PM

Quote:

Originally posted by Kard63
I need a real estate agent. I would like to buy 10 rental properties very soon. I would like to know how lending qualification vary when buying investment homes rather than the old rule for a home you live in. The old rule being 'the mortgage payment should not be more than 29% of your monthly gross'. Thats incredibly ruff but that is a theory in it then you adjust for all the specifics. Obviously I will not meet that standard for 10 houses.

Where?

Mike D · 12-16-2004, 10:23 PM

What area are you in ?

Mike ............

the Shemp · 12-16-2004, 10:34 PM

Quote:

Originally posted by Kard63
I need a real estate agent. I would like to buy 10 rental properties very soon. I would like to know how lending qualification vary when buying investment homes rather than the old rule for a home you live in. The old rule being 'the mortgage payment should not be more than 29% of your monthly gross'. Thats incredibly ruff but that is a theory in it then you adjust for all the specifics. Obviously I will not meet that standard for 10 houses.

you want to look for properties where the seller carries the paper for you...most agents dont like those, so you will be dealing with the sellers directly...

baddog · 12-16-2004, 10:36 PM

you in Canada? I will send a link to my realtor friend

laura99 · 12-16-2004, 10:39 PM

I'm a realtor and I'm here to help!

ICQ me or email me.

tony286 · 12-16-2004, 10:51 PM

why dont you open a phone book and make phone calls instead of going to a adult website

baddog · 12-16-2004, 10:54 PM

Quote:

Originally posted by laura99
I'm a realtor and I'm here to help!

ICQ me or email me.

This is who I sent the link to . . . . I guess she figures it will help her business if she doesn't mention that fact

Kard63 · 12-16-2004, 10:55 PM

Hey laura. I'm in Indianapolis

laura99 · 12-16-2004, 10:59 PM

Quote:

Originally posted by tony404
why dont you open a phone book and make phone calls instead of going to a adult website

You hush! I can help him!

baddog · 12-16-2004, 11:00 PM

Quote:

Originally posted by Kard63
Hey laura. I'm in Indianapolis

that makes it convenient

laura99 · 12-16-2004, 11:02 PM

That makes is super convenient.

laura99 · 12-16-2004, 11:05 PM

Quote:

Originally posted by baddog
This is who I sent the link to . . . . I guess she figures it will help her business if she doesn't mention that fact

Sorry. Baddog sent me. Feel better?

baddog · 12-16-2004, 11:05 PM

Quote:

Originally posted by laura99
I'm a realtor and I'm here to help!

ICQ me or email me.

Would probably be more help if you left contact info for him

Twe Russ · 12-16-2004, 11:07 PM

I have some really good contacts for FL - ICQ me if needed.

Nismo · 12-16-2004, 11:09 PM

Not only did you find a realtor, but the only one that replied is in your city. That is luck.

baddog · 12-16-2004, 11:11 PM

Quote:

Originally posted by Nismo
Not only did you find a realtor, but the only one that replied is in your city. That is luck.

nah, I am good at the hook up

laura99 · 12-16-2004, 11:12 PM

129740202 ICQ
AIM Laura9999IN
need more than that?

Kard63 · 12-16-2004, 11:13 PM

Quote:

Originally posted by baddog
nah, I am good at the hook up

Indeed you are

Hey laura. Are you married to Rictor or does every GFY member in Indianapolis have a pomeranian LOL

If you have a contact on your site I'll send you an email later tonight.

Thanks

and for the person that suggested I break out the phone book......

laura99 · 12-16-2004, 11:14 PM

Sorry I thought my icq was in my profile and the board is being super slow, taking me awhile to respond.

laura99 · 12-16-2004, 11:21 PM

Quote:

Originally posted by Kard63
Indeed you are

Hey laura. Are you married to Rictor or does every GFY member in Indianapolis have a pomeranian LOL

If you have a contact on your site I'll send you an email later tonight.

Thanks

and for the person that suggested I break out the phone book......

Yes I'm married to Rictor. His info is on our site so you can just email me at laura @ lauradillman.com Make sure to put "from gfy" in the subject. I get a ton of junkmail. I'd give you my cell number but not on gfy lol. As far as picking up the phone book LOL, there are over 6000 realtors in the Indianapolis area.

Veterans Day · 12-16-2004, 11:23 PM

Unless your needing the agent to find these properties for you, forget an agent at this point of the game. If you need to know details as to lender guidelines when applying for investment properties send me an email [email protected] Thats my message board spam addy. We owned a brokerage for 8 years and currently own a title company for 7 years running.

Kard63 · 12-16-2004, 11:23 PM

Quote:

Originally posted by baddog
nah, I am good at the hook up

Indeed you are

Hey laura. Are you married to Rictor or does every GFY member in Indianapolis have a pomeranian LOL

If you have a contact on your site I'll send you an email later tonight.

Thanks

and for the person that suggested I break out the phone book......

baddog · 12-16-2004, 11:24 PM

Quote:

Originally posted by laura99
As far as picking up the phone book LOL, there are over 6000 realtors in the Indianapolis area.

and you are the best . . . don't forget to mention that

laura99 · 12-16-2004, 11:34 PM

Quote:

Originally posted by Veterans Day
Unless your needing the agent to find these properties for you, forget an agent at this point of the game. If you need to know details as to lender guidelines when applying for investment properties send me an email [email protected] Thats my message board spam addy. We owned a brokerage for 8 years and currently own a title company for 7 years running.

I know several brokers, lenders, investors, investment groups, etc. As far as not needing an agent, I don't see how it couldn't hurt. When buying you don't pay the agent, the seller pays them.

Kard63 · 12-16-2004, 11:37 PM

Quote:

Originally posted by baddog
nah, I am good at the hook up

Indeed you are

Hey laura. Are you married to Rictor or does every GFY member in Indianapolis have a pomeranian LOL

If you have a contact on your site I'll send you an email later tonight.

Thanks

and for the person that suggested I break out the phone book......

Veterans Day · 12-16-2004, 11:38 PM

Quote:

Originally posted by laura99
I know several brokers, lenders, investors, investment groups, etc. As far as not needing an agent, I don't see how it couldn't hurt. When buying you don't pay the agent, the seller pays them.

ya but I will tell him EXACTLY what nonsense brokers will try to pull. Remember I dont benefit anymore from his loan program or rate. People are CLUELESS when it comes to brokers

laura99 · 12-16-2004, 11:38 PM

Triple post!

Kard63 · 12-17-2004, 01:56 AM

An amazing accompishment I know. I was playing world of warcraft and alt+tabbing out every now and then to see if that damn thing ever posted. Each time it was still at the previous screen so I clicked submit again.

laura99 · 12-17-2004, 09:50 AM

Yeah the board is/was all messed up. I used to play Warcraft, just don't have time for it anymore.

Rictor · 12-23-2004, 09:48 PM

Yah, unfortunately, we are married. :P

hyper · 12-23-2004, 11:19 PM

Quote:

Originally Posted by Kard63

does every GFY member in Indianapolis have a pomeranian

i have 2, although i dont live in Indianapolis

Andrew-at-ENet · 12-23-2004, 11:22 PM

I love people that get into rental units that don't understand it. It's people like you that I buy my rental units from for 1/2 what they paid for it

12-16-2004, 10:46 AM	#1
Kard63 Confirmed User Join Date: Nov 2003 Location: 237 619 975 Posts: 8,944	I need a real estate agent. I need a real estate agent. I would like to buy 10 rental properties very soon. I would like to know how lending qualification vary when buying investment homes rather than the old rule for a home you live in. The old rule being 'the mortgage payment should not be more than 29% of your monthly gross'. Thats incredibly ruff but that is a theory in it then you adjust for all the specifics. Obviously I will not meet that standard for 10 houses. __________________

12-16-2004, 10:14 PM	#2
Kard63 Confirmed User Join Date: Nov 2003 Location: 237 619 975 Posts: 8,944	bump __________________

12-16-2004, 10:23 PM	#4
Mike D Confirmed User Join Date: Jan 2002 Posts: 1,133	What area are you in ? Mike ............ __________________ Mike D

12-16-2004, 10:39 PM	#7
laura99 Confirmed User Join Date: Aug 2002 Location: indianapolis Posts: 877	I'm a realtor and I'm here to help! ICQ me or email me. __________________

12-16-2004, 10:55 PM	#10
Kard63 Confirmed User Join Date: Nov 2003 Location: 237 619 975 Posts: 8,944	Hey laura. I'm in Indianapolis __________________

12-16-2004, 10:36 PM	#6
baddog So Fucking Banned Industry Role: Join Date: Apr 2001 Location: the beach, SoCal Posts: 107,089	you in Canada? I will send a link to my realtor friend

12-16-2004, 10:51 PM	#8
tony286 lurker Industry Role: Join Date: Aug 2002 Location: atlanta Posts: 57,021	why dont you open a phone book and make phone calls instead of going to a adult website

12-16-2004, 11:02 PM	#13
laura99 Confirmed User Join Date: Aug 2002 Location: indianapolis Posts: 877	That makes is super convenient. __________________

12-16-2004, 11:07 PM	#16
Twe Russ Confirmed User Join Date: Jan 2003 Location: NYC Posts: 3,493	I have some really good contacts for FL - ICQ me if needed. __________________ Contact information - ICQ: 7.9.0.3.0.0 · AIM: no roach · E-Mail: roachito \|\| @ \|\| gmail \|\| . \|\| com [Friend Finder - Geo Targeting & Incredible Site Ratio] - [Credit Card Traffic - Make $65 Per Join]

12-16-2004, 11:09 PM	#17
Nismo Confirmed User Join Date: May 2002 Location: FLORIDA Posts: 4,977	Not only did you find a realtor, but the only one that replied is in your city. That is luck. __________________ i buy massive xxx dating traffic.

12-16-2004, 11:12 PM	#19
laura99 Confirmed User Join Date: Aug 2002 Location: indianapolis Posts: 877	129740202 ICQ AIM Laura9999IN need more than that? __________________

12-16-2004, 11:14 PM	#21
laura99 Confirmed User Join Date: Aug 2002 Location: indianapolis Posts: 877	Sorry I thought my icq was in my profile and the board is being super slow, taking me awhile to respond. __________________

12-16-2004, 11:23 PM	#23
Veterans Day Confirmed User Join Date: Jul 2003 Location: The Windy City Posts: 8,403	Unless your needing the agent to find these properties for you, forget an agent at this point of the game. If you need to know details as to lender guidelines when applying for investment properties send me an email [email protected] Thats my message board spam addy. We owned a brokerage for 8 years and currently own a title company for 7 years running. __________________ Build a Massive Traffic Network, Hands FREE, Totally Automated

12-16-2004, 11:38 PM	#29
laura99 Confirmed User Join Date: Aug 2002 Location: indianapolis Posts: 877	Triple post! __________________

12-17-2004, 01:56 AM	#30
Kard63 Confirmed User Join Date: Nov 2003 Location: 237 619 975 Posts: 8,944	An amazing accompishment I know. I was playing world of warcraft and alt+tabbing out every now and then to see if that damn thing ever posted. Each time it was still at the previous screen so I clicked submit again. __________________

12-17-2004, 09:50 AM	#31
laura99 Confirmed User Join Date: Aug 2002 Location: indianapolis Posts: 877	Yeah the board is/was all messed up. I used to play Warcraft, just don't have time for it anymore. __________________

12-23-2004, 09:48 PM	#32
Rictor Old Timer Industry Role: Join Date: Jan 2001 Location: Indianapolis Posts: 12,208	Yah, unfortunately, we are married. :P

12-23-2004, 11:22 PM	#34
Andrew-at-ENet Confirmed User Join Date: Sep 2003 Location: In the 60s Posts: 598	I love people that get into rental units that don't understand it. It's people like you that I buy my rental units from for 1/2 what they paid for it __________________