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All Forum Posts by: Account Closed

Account Closed has started 19 posts and replied 196 times.

Post: First deal closed with $12K profit after easiest phone call ever!

Account ClosedPosted
  • Real Estate Agent
  • Flint, MI
  • Posts 270
  • Votes 71

Good job @Chad Benedict excellent learning experience with pay!

Good motivating story as I think I will follow your lead and try to partner with another wholesaler in my area at least for my first deal or so also.

Post: Wholesaling a HUD home for profit with no money down? Possible and how?

Account ClosedPosted
  • Real Estate Agent
  • Flint, MI
  • Posts 270
  • Votes 71

okay thanks well hopefully I can make it work for myself too i been kool near Future 

Appreciate it @Christopher Goldie

Post: Wholesaling a HUD home for profit with no money down? Possible and how?

Account ClosedPosted
  • Real Estate Agent
  • Flint, MI
  • Posts 270
  • Votes 71

So as long as the buyer is there with the funds they will do a dbl closing? And how do I get paid form this type of transaction. Since we are not dealing with a seller where I can manipulate the sale price to include my payment @Christopher Goldie ?  Thanks for the reply as well

Post: Wholesaling a HUD home for profit with no money down? Possible and how?

Account ClosedPosted
  • Real Estate Agent
  • Flint, MI
  • Posts 270
  • Votes 71

I purchased several HUD homes in past using my own money, now i'm considering wholesaling properties and was wondering is it possible to wholesale a HUD home to a buyer and how would I make money from this type of deal since I couldn't inflate price to cover my fee as wholesaler, or can I? Please explain

Post: HUD

Account ClosedPosted
  • Real Estate Agent
  • Flint, MI
  • Posts 270
  • Votes 71

I purchased several HUD homes in the past and I think since you said you are willing to walk away from it if you are outbidded I would even consider going lower than 30k personally. I always offered half of the listing price and have been successful more often than not.

Post: Closing my first deal tomorrow.

Account ClosedPosted
  • Real Estate Agent
  • Flint, MI
  • Posts 270
  • Votes 71

Congrats @William Collins looks good I am excited for you and your partner and motivated as well!