All Forum Posts by: Cody Gray

@Carlos Zapata

What terms would you advise I ask for to be fair for both parties? 

I don't want to insult the seller but also don't want to lose a good deal. 

I have a small park under contract. 

4 pads

2 acres (County water and septic)

4 single wides (3br/2ba)

Currently rented $500 each. 

Asking price is $80,000 but plan to counter. 

My question is what's the best way to finance this size property being only 4 units? 

Traditional mortgage on land and separate loan on homes? It's in a USDA approved area, will that apply to this type of deal with $0 down. What loan term would I be looking at also with this size and type loan?

Or should I try to get seller financing?

What does everyone think about the talked about upcoming economic collapse?

Lets say it does happen, how should one take advantage of the market/ foreclosures?

Can someone who took advantage of the last collapse in 07-08 share a little bit of what they did to take advantage of the market to build wealth? What strategy?

@James Syed I appreciate the advice, and I believe you're spot on. Thanks. 

Great advice @Rob Geringer

I plan to do exactly that and send out list this week. 

Sounds good @Jerryll Noorden I was planning on using Listsource for list. Is there a specific list you recommend mailing to first? Absentee? Preforeclosure?

Great advice everyone. I'll definitely be putting it to work asap. Thank you!

Hi @Claire Trammell

I'm just starting in wholesaling. I just ordered bandit signs for around town. I think I'm gonna order list through Listsource but I'm getting hung up on what to do next. Who to use? Most cost efficient and easy to work with. I'm trying to stay around $250 for first run so I want it to be as targeted as possible. 

Thanks for any advice. 

Thanks @Shawn Crawley

Hi everyone. 

I'm wanting to know what steps are needed to send out my first postcard campaign. 

Who is everyone using?