All Forum Posts by: Bill Mitchell

You can put down $1,000 in earnest money as the wholesaler or buyer it doesnt matter, earnest money is fully refundable during the option period anyways.

I sort of disagree. Dont mislead the seller, but don't try and explain wholesaling to them, you will needlessly scare them. Just say that you are the buyer and work with a funding partner, done.

I put and or assigns on the contract and everything, even on my own personal addendum the right to show and market the property. But I don't even mention anything about it unless they otherwise bring it up.

@Jon Klaus Do you intend on purchasing the truck or renting it? Either way good idea, and please do keep us updated.

@Dev Horn That is an excellent reply Dev thanks for taking the time to write it up, again thank you!

With that being said, when you speak of remnant inventory do you mean homevestors actually purchased the signs permanently, or locked in at super low monthly rates?

Thanks

I sort of agree with Joe. The main difference is I ALWAYS try and get a ball park number from my seller first. Just think if you already have your numbers in your head and can pay 50 for the property, you ask and they say 35, you just got a nice chunk of change.

Once they put out their numbers THEN you can come out with your fair offer.

Do you understand how expensive college is today? This isn't highschool anymore its not like when I graduated from college. The primary reason isn't to form great memories or have the time of your life or have a major life experience, its to get the skills to find a good job afterwords. And you better try and do just that with the current tuition rates. Otherwise you will graduate under or unemployed with a massive pile of debt that has serious consequences and impacts when you can get married, when you buy your first house etc. In this environment you must grow up fast, because there are very real bills to pay after.

College tuition right now is a total crime I can't believe it has gotten this out of control.

They can call me as much as they want if I am using their money at 8-10%.

@Samantha M. I am wondering the same thing as well. Hopefully

@Dev Horn will chime in.

So once you get a title search, you get a list of names of people that have bought with cash? Then how do you get in touch with them, google them to find their phone numbers?

How do I find them? Simple, good old fashioned networking. Aslo when you go there sometimes people are talking about offering private money at booths, at beg/end of a meeting etc talk to these guys