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All Forum Posts by: Brian Holt

Brian Holt has started 7 posts and replied 60 times.

Post: Looking for mastermind connect group in TAMPA,FL

Brian HoltPosted
  • Real Estate Agent
  • Posts 70
  • Votes 19

@Anny Garcia

https://www.tbreia.com/

Post: What lender is the best for Fha loans

Brian HoltPosted
  • Real Estate Agent
  • Posts 70
  • Votes 19

@Kaetlin Candell

Hi Kaetlin, you can start with your personal bank or credit union. I can provide other options if you don't want to go that route.

Post: New Member Introduction - Hi

Brian HoltPosted
  • Real Estate Agent
  • Posts 70
  • Votes 19

@Christian Bullen

Greetings from Tampa

Post: Non-refundable earnest money deposit

Brian HoltPosted
  • Real Estate Agent
  • Posts 70
  • Votes 19

@Sean Howell

Yes

Post: Non-refundable earnest money deposit

Brian HoltPosted
  • Real Estate Agent
  • Posts 70
  • Votes 19

@Ned Carey

I consider and analyze all deals that fit my buying criteria. Cash or financing isn't an issue. The issue I'm having is the non-refundable deposit that's required when the ARV is incorrect and the repair cost is fuzzy. Most of the wholesalers know that the deal will not get financed due to ARV or repair costs so the new investor just lost $5000. They get 3 people per month to pay the deposit and all of a sudden they making $15,000 a month. You and I know how to analyze deals but not everyone. I get calls from investors all the time that made this mistake. I thought it was a good topic to discuss. That's the reason I want someone to show me a good enough deal for me to pay a $5000 non-refundable deposit. I sell properties and represent sellers and I don't do the non-refundable deposit because I want the buyer to have a 3-7 day due diligence period and I expect that in return. If not, I move on to the next property.

Post: Non-refundable earnest money deposit

Brian HoltPosted
  • Real Estate Agent
  • Posts 70
  • Votes 19

Can someone please convince me to pay a $5000 non-refundable earnest money deposit? The deals that require this is mediocre at best.

Post: Looking from the Tampa, Fl area to the Orlando, Fl area

Brian HoltPosted
  • Real Estate Agent
  • Posts 70
  • Votes 19

@Alexander Dean

Let's connect

Post: New member introduction from Hot Tampa, Florida!

Brian HoltPosted
  • Real Estate Agent
  • Posts 70
  • Votes 19

@Ian Clementson

Let's connect

@Ruth Galgano

If there are personal items such as family photos and jewelry, you may want to consider an eviction for personal property. In dealing with foreclosed properties, we always treated property left behind as you would a person. It covers you from a lawsuit from long lost relatives that can sue you for trashing sentimental items especially family photos without proper notice. This is a worse case scenario.

Post: Newbie from Dunedin (Tampa), FL

Brian HoltPosted
  • Real Estate Agent
  • Posts 70
  • Votes 19

@Joe Bankard

Let's connect.