All Forum Posts by: Brandie Lyons

I have a home under contract that's in pre-foreclosure with no equity and the seller is upside down. I see two options for the homeowner, Short Sale or Owner Financing. Since this is my first contract I want to know the best way to handle this while also helping the owner walk away with something to help her and her children move. I've had investors contact me as if they were intrested, but then ask for an auction date. The home owner rather sell and move than refinance. Any guidance in this matter is greatly appreciated.

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UNDER CONTRACT

Beautiful Home in Richmond, TX $260,000/Owner Financing 30% Down Payment
Built in 2014
Elementary,
middle and high school right behind the home.
4 Bedroom
3 1/2 Baths (Jack and Jill Bathroom)
Game Room
High Ceilings
Laundry Room
2 Car Garage

Contact me for more information at 346-352-1039 or [email protected]

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Hi Mark,

Yes. I am very interested. This will be a great opportunity to assist each other in our growth.

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Originally posted by @Mark Chapman:

Brandie Lyons I am also near starting my wholesaling adventures. I live in the Humble/Atascocita area. I am talking with other members of BP that are in our area about starting a monthly meeting here in Humble. Let me know if you would be interested. Would be a great way to exchange ideas and find out what is working best.

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Originally posted by @Mark Chapman:

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Thank you so much Shawn. I will definitely reach out to a realtor. I was concerned about cold calling since I work full -time and do not get home until after 6 pm. Saturdays and Sundays maybe the best times for me to cold call.

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Originally posted by @Shawn Ackerman:

@Brandie Lyons if your not a realtor. Find a realtor that can put you on an email drip through MLS for Sold/Expired listings and cold call those sellers. Let the realtor know that you will pay him/her a finders fee of x dollars for any deal that you close. You will need to skip trace the phone numbers once you get the addresses. Been verified, TLO, SKip Genie etc... are good tools you can use for skip tracing. Also look at your local court records site and see if you can get records of recent evictions. Call those owners as well. For rent on trulia/zillow etc...will provide decent leads as well.

Cold calling is the way.....Not mail. You need to speak to motivated sellers directly. Everyone is sending mail. do be average. All the best to you. I do deals in the Mid-West and I live in NY. So you can sell property anywhere in the country.

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As I find and research the properties, I draw the letters up and print them out on the spot. I will increase the number of letters/postcards I send out. Thank you.

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Originally posted by @Caleb Heimsoth:

Brandie Lyons you’ll likely need to up that into the thousands. Listen to some podcasts on wholesaling and they usually say they send several thousand at a time.

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All Forum Posts by: Brandie Lyons

Brandie Lyons has started 6 posts and replied 28 times.

Post: Pre-foreclosure under contract with road blocks.

Post: Pre-foreclosure under contract with road blocks.

Post: Owner Financing Home for Sale in Richmond, TX - 30% Down Payment

Post: The Best Way to Find Properties to Wholesale?

Post: The Best Way to Find Properties to Wholesale?

Post: The Best Way to Find Properties to Wholesale?

Post: The Best Way to Find Properties to Wholesale?

Post: The Best Way to Find Properties to Wholesale?

Post: The Best Way to Find Properties to Wholesale?

Post: The Best Way to Find Properties to Wholesale?