All Forum Posts by: James Holland

 Any update on where the number of VIEWS for a post went and how to find it?

Have more money to invest but not sure where to start?

We are expanding in a new area and are looking for one or 2 partners.  

These are the  basic options we are offering.

1. Funding Partner - You provide the marketing and expense budget, we do all the work. You split in the profits of all deals that come from your channel.

• We create website for this campaign
• Unique tracking phone numbers
• Voicemail setup
• Marketing plan and materials and ad pieces
• VA's or team members to cover various tasks
• Expert Phone Negotiators
• Everything all setup for profit

No buy and holds. This is a short term project for either fix and flip or wholesale for quick profit between 1-3 months.  Afterwards, you have the option to take over everything that is in place and run yourself or we can extend and continue with partnership.

2. Business Short term loan.  Anywhere from $5,000 - $25,000 is acceptable.  Return at end of term will be 150% of original loan

So if you loan $5,000,  at the end of 3 months you will be paid back $7,5000.   If $20,000 your will receive $30,000 back. And so on.

3. Business setup.  Everything setup in #1, except you close on your own and keep 100% of the profits. This is just for those wanting help getting started.

You can call me or setup an appointment for more details by filling out the form by clicking here.

Any questions you can ask in the post below and I will gladly answer.

no longer completely using all my own assets to acquire property. Using much more leverage. Building teams rather than trying to be a "solopreneur".

 LOL. I bet that confuses a ton of people

yeah that is a great option. If he is committed to the deal and wants to get it done, then yes, have him fit the bill. Especially if you have an appraisal to show him there is no other choice. Sounds like it should still be a green light

So is your main question how do you buy a foreclosed property?  Sorry, I was trying to understand exactly what you are asking so I can give a proper answer... if I have one lol.

You can always use the deal calculator/analyzer provider on the site to check if it seems like a great deal.

you can find it here  https://www.biggerpockets.com/buy-and-hold-calculator

With your down payment, credit score and new job, you should be able to get a loan no problem. If not, post in the marketing section here looking for hard money lender and you are sure to find many that reply.

Or you could try one of the lending sites specifically for real estate like LendingHome.com or something similar.  But I think you sound very low risk and smart and you should have banks fighting over your loan and making them bid down on the rate. Shop around. Many will take you with what I read above. Make them work for it

I did. For years. With partners. But we were doing flips as well as wholesaling.  So for us, it was more of a way for us to jointly take title to the property. As well as other benefits of course. So for wholesaling only, that part wouldn't apply as much because typically you wont be taking title. Unless you are doing a double close. But even then it is only for a second. And a simple Land trust works fine for me in those cases.

years back I did some heavy investing in that area.  I am from California and lived for awhile in North Carolina.  So I was a bit in shock by the... errrr.... ummmm..... how to put it....  abruptness... or rather, blunt/aggressiveness of the New York language. Lol. But if you are a native, then you are already accustomed to it.  But in case you are from the south... where the majority are slow talking, sweet and calm charmers... then you will be in for a treat.... to say the least  :D

Welcome to the forum

Do you have to live locally?  I mean... with all the technology these days... you know that most of the investors invest where the market is trending not where they currently reside. So this sounds great. But I do not currently live in or near Chicago. Would I still be open for this?