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Updated about 12 years ago, 11/04/2012

User Stats

34
Posts
11
Votes
Dwaun Elam
  • Investor
  • Wilson, NC
11
Votes |
34
Posts

I JUST CLOSED MY FIRST DEAL !!!!!!!

Dwaun Elam
  • Investor
  • Wilson, NC
Posted

I just closed on my first deal today!!! I can't believe I did it. I would like to thank all of investors on biggerpockets that helped me when I had questions. Picking up the check in the morning and then picking up my bandit signs. Gotta Keep it going. :D

User Stats

81
Posts
15
Votes
Don Chambers
  • Investor
  • Warner Robins, GA
15
Votes |
81
Posts
Don Chambers
  • Investor
  • Warner Robins, GA
Replied

Congratulations!

How did you find your buyer?
I have several rentals, but know I have contracts on 2 houses I intended to flip. I am considering wholesaling them but I don’t really know other investors.

User Stats

34
Posts
11
Votes
Dwaun Elam
  • Investor
  • Wilson, NC
11
Votes |
34
Posts
Dwaun Elam
  • Investor
  • Wilson, NC
Replied

@ Mark
Good luck in your endeavors, keep at it and come here and ask questions.

@ Don
I found my buyer from craigslist, craigslist is a good place to post your properties this is where alot of investors are looking for deals. Also try Postlets this site actually gives you a nice template to post your home on craigslist.Best of all this is completely free.

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User Stats

1,573
Posts
927
Votes
David Beard
  • Investor
  • Cincinnati, OH
927
Votes |
1,573
Posts
David Beard
  • Investor
  • Cincinnati, OH
Replied

Fantastic, Dwaun, you should definitely be commended on multiple fronts:

* You did research initially that cost you NOTHING.
* When you wanted to dive a little deeper, you went to Ebay to purchase some info at pennies on the dollar.
* You figured out how to use Postlets, create a nice ad, market effectively through CL, etc.
* You didn't give up when you hit some setbacks on your deal. You kept your wits and determination, got creative, went back to the seller, pushed through. Just awesome.

I predict........ you will do well, my friend!

User Stats

34
Posts
11
Votes
Dwaun Elam
  • Investor
  • Wilson, NC
11
Votes |
34
Posts
Dwaun Elam
  • Investor
  • Wilson, NC
Replied

@ David Thanks alot.

User Stats

407
Posts
90
Votes
David Wedemire
  • Real Estate Investor
  • Bellingham, WA
90
Votes |
407
Posts
David Wedemire
  • Real Estate Investor
  • Bellingham, WA
Replied

Congratulation Dwaun

The first of many no doubt

User Stats

126
Posts
42
Votes
AC Cooley
  • Real Estate Investor
  • Atlanta, GA
42
Votes |
126
Posts
AC Cooley
  • Real Estate Investor
  • Atlanta, GA
Replied

Congrats you should let Steph know. You might want to interview you for one her success stories blogs.

User Stats

33
Posts
9
Votes
Ray Johnson
  • Involved In Real Estate
  • Little Rock, AR
9
Votes |
33
Posts
Ray Johnson
  • Involved In Real Estate
  • Little Rock, AR
Replied

Congratulations!

User Stats

359
Posts
199
Votes
Michael G.
  • Wholesaler
  • Bay Shore, NY
199
Votes |
359
Posts
Michael G.
  • Wholesaler
  • Bay Shore, NY
Replied

Nice work Dwaun! Congrats. I wish you many more deals!

User Stats

294
Posts
151
Votes
Stinson Bland
  • Wholesaler
  • Dallas, TX
151
Votes |
294
Posts
Stinson Bland
  • Wholesaler
  • Dallas, TX
Replied

Congrats Man... Double-down and put that money to work with marketing for more sellers.

User Stats

161
Posts
28
Votes
Jeanine P.
  • Investor
  • Sacramento, CA
28
Votes |
161
Posts
Jeanine P.
  • Investor
  • Sacramento, CA
Replied

Good job. Keep em coming :-)

User Stats

52
Posts
11
Votes
Ben A
  • Investor
  • San Diego, CA
11
Votes |
52
Posts
Ben A
  • Investor
  • San Diego, CA
Replied

Congrats! Great job!

User Stats

57
Posts
2
Votes
Namon Thorn
  • Hammond, LA
2
Votes |
57
Posts
Namon Thorn
  • Hammond, LA
Replied

Congratulations, do tell, how you did it. Details Details!!!!!

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User Stats

57
Posts
2
Votes
Namon Thorn
  • Hammond, LA
2
Votes |
57
Posts
Namon Thorn
  • Hammond, LA
Replied

Congratulations, do tell, how you did it. Details Details!!!!!

Account Closed
  • Real Estate Coach
  • Atlanta, GA
0
Votes |
3
Posts
Account Closed
  • Real Estate Coach
  • Atlanta, GA
Replied

Great Job.... Keep Smiling and praying you will go far...

I'm working on my first deal in a few years..things have changed in the market..so wish me luck. I'm wholesailing a bank property presently I'm reviewing properties ,price and comps..I feel like I can't make a mistake with this. I know I got to make offers on a lot of properties before I get one excepted by the bank..I want to make sure I have a buyer to purchase once we have an approved offer.. Can anyone help me refresh my self on how to prepare for my back up buyer?

User Stats

13,450
Posts
8,349
Votes
Steve Babiak
  • Real Estate Investor
  • Audubon, PA
8,349
Votes |
13,450
Posts
Steve Babiak
  • Real Estate Investor
  • Audubon, PA
Replied
Originally posted by La Shannon Martin:
... Can anyone help me refresh my self on how to prepare for my back up buyer?

Sorry to say this, but with a question like do you really think you should be classifying yourself as "Real Esate Coach" as you do in your profile?

User Stats

511
Posts
92
Votes
Brian K.
  • Rental Property Investor
  • Buffalo, MN
92
Votes |
511
Posts
Brian K.
  • Rental Property Investor
  • Buffalo, MN
Replied

Congrats Dwaun!!!! Now get out there and do it again and keep it moving.