Mickeygwire's blog

so submitted a letter of intent thinking i had this thing figured out. the guy said he would consider my offer with a few minor changes. i am not locked into anything yet. but i am stuck mentally, i have lenders lined up but this house does not meet their criteria, which i know within the next day or so i can solve that. my problem lies in how to do a closing with no money. between attorneys and legals its going to cost up to 7000, to close which i spoke with at least 7 lenders and none will cover closing. am i just not finding the right lender or what. the deal with the seller will be 25,000 with 500 deposit to secure the contract 24,500 amortized over 20 years making my payment about 140 a month, my deal with the lender was................... all wrong.

Well today is yet another great step forward. I met a wonderful user here on DG. looking forward to meeting many more. the team is not yet fully filled. BUT i went to look at a duplex today. 1 unit is a 3br 1.5 b in rent able ready condition, the other is a 4br, 2 b in condemned condition. just less than 10 mins ago sent a letter of intent to the RE broker involved awaiting a response, dont expect to hear back until tomorrow. it is sunday for heaven sake.

I do not know that i will be good at this, if anyone will read it or, not but, i am going to start doing this blog thing on a daily basis to share what i have learned my personal experience for the day cause i am always working on something, plus another passion i have is to teach. not that i at all have a clue to teaching but maybe my writings can help somebody, plus i am all over the place with ideas and what not i think writing this blog will keep me focused and on track, i look forward to working with the DG family learning from growing with the other new siblings "so to speak" and passing on my experience on down the road.