All Forum Posts by: Dennis Dougherty

Thank you All.

Looking forward to learning a lot from this site.

Merry Christmas ,

Dennis

Good Morning All and Happy Holidays !

I have been interested in REI for a long time now. As you all know, there are several pathways to take in this industry. I have hooked into what BP has to offer and looking into the membership. Truly, I am very impressed with this organization and its willingness to help people, particularly newbies like myself and not make them pay thousands.

As for myself, I currently have a good paying job and cannot just drop everything. My time is limited. I am currently working 8-14 hours a day and then training for at least 1 hour each day (REI). When time permits, I put about 5-6 hours into education on REI.

My Questions are: 

1) With this kind of schedule, can someone suggest a pathway for me that I could learn and implement over the next 2-5 months and begin to transition to REI as a solid income stream ?

2) Trainings have talked about - get the deed " subject to" . 

What is this and what does it mean ?  How does it work ? 

3) Also I have read about "double closings and simultaneous closings".  The explanations were not very clear but it was said that it is difficult for a title agency to do.  Are these processes needed ?

I have contacted lawyers for consult and I was informed that the closing methods are legal in AZ.

Thank you,

Dennis

Good Morning All, 

Can anyone from Phoenix answer the following questions ?

1) Is it illegal in AZ to do a double or simultaneous closing  and which situations require these types of closings?

2) What are the steps involved in Transferring a property from one investor to another after the first investor has "put it under contract" ?

Thank you very much

Dennis

Good Morning All,

I am Dennis from Phoenix AZ. I have been interested in REI for a while now and I am just getting started with it. Right now, I am still in the learning stages and hope to be doing this part time in about 2-4 months. I always am open to suggestions !

Good Morning all,

I am Dennis . I am just getting started in REI. Lately, I have run into some resistance with the terms Double closing and / or Simultaneous Closing as it relates to a little or no money down REI techniques. I have been doing a lot of studying and all of it seems to make sense except for this road block.

I have a few questions related to these topics.  

1) Are these legal in the state of Arizona

2) if they are legal, what is the list of required documents for these types of closings ?

3) Are there any known title agencies in Arizona that will work these closings ?

Please Advise,

Thank you,

Dennis