All Forum Posts by: Josh Wagner

Thank you everyone for your helpful input!

@Paul Amegatcher 

Thanks again Paul!

@Paul Amegatcher 

Forgive me if this question is stupid, however, would it be considered immoral to send out letters containing a statement such as "I'll buy your home for cash", but in reality, the home is just being put under contract and assigned to someone else? Or is that a standard practice?

Thanks!

I greatly thank all of you for your helpful input! Seems that the general consensus is a pretty straight forward approach! 

Thank you!

Hey everyone!

Lately I have been conducting a lot of research about wholesaling on various websites. I figured I'd utilize BP and ask the community for advice!

I know that direct mailing is a powerful tool when wholesaling homes. My question is: When sending direct mail, what do your letters say? What information do YOU provide on the letter, and how is the overall letter organized? 

With that being said, what information should someone avoid in their letters?

All help is greatly appreciated!

As a disclosure - If this topic is already within a forum, I apologize for beating a dead horse.

Dawn, what states do you lend to?

I hope my input helps. 

I recently paid the $3,000 fee to Do Hard Money. Prior to doing so, I spoke with Julian who is one of the funding directors. He assured me that even with my bad credit that I would be approved. I asked several other employees the same question. One of which told me that I was already pre-approved for up to an astronomical amount. Having learned this, I paid the fee. A few days later I called again, and spoke with a different person, who was in charge of writing deals and disbursing funds. She notified me that my credit was far too low to be approved unless the deal was an insanely profitable deal. I learned my $3,000 lesson and will never work with them. 

To be honest, I'm not even angry about the loss of $3,000. I'm infuriated at how horrible this company is and how deceptive their marketing is. My advice to anyone out there is to take advice from people who have been through experiences like this, and to utilize any other possible route before using hard money. As of right now, I will be using a home equity loan as an alternative. 

If anyone has any questions about my experience with Do Hard Money, feel free to ask. 

Please Help!

Okay so from all of my research, including forums posts on here, I cannot find any solid evidence to suggest that Do Hard Money is a good or bad company. 

Does anyone have any experience with them within the last 12 months and can you provide an explanation as to whether their business with you was satisfactory or not?

Forgive me if this is the wrong forum section. Also forgive me if this discussion has been talked about previously. I am new to the website and am still learning how to navigate it. 

I am a Realtor in Fayetteville, NC and plan on getting into flipping homes. I am wanting to learn about strategies to fund my first deal. My credit isn't great and I currently don't make enough to raise the capital myself. Does anyone have experience with funding a deal using other people's money with bad credit? 

Any and all help is greatly appreciated! 

Thanks!

 Yes sir it's a decent town for flipping. Not necessarily the best profit margins in the country, but a good place for moving a greater volume of units!