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Updated about 7 years ago on . Most recent reply

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Murray Smith
  • Investor
  • Orlando, FL
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no money down deals

Murray Smith
  • Investor
  • Orlando, FL
Posted

I understand that these type of deals are hard to come by, but happens when you come across not one but two great deals one being a business and the other being a complex which is the main stay of what we do especially if we want to move quickly? 

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Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
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Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
Replied

What?  Where exactly did this "description" of a NMD Deal come from?  You are actually correct in what you say except for the following point:

1 - I understand that these type of deals are hard to come by  , No, they are not hard to come by.  They are really easy...if you know how to design them, and recognize the opportunities for them.

2 - "...but happens when you come across not one but two great deals one being a business and the other being a complex..." NMD Deals have nothing to do with "businesses", working in conjunction with "complexes" (I assume you mean properties here).

3 - "...which is the main stay of what we do especially if we want to move quickly?"  ...and I have no idea where this came from, or how it even relates.  

Here is what you need to do.  Learn about more than the basics of NMD Deals from as many books as you can read on the topic.  There will be redundancies, and that's a good thing.

As you read (continuously...even after you think you got it), you will form your own combinations of concepts and ideas into new ways of doing NMD Deals.  The secret of doing NMD Deals is in the exit strategies...as in solving problems, then finding the entrance strategies you need to make them all work.

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