All Forum Posts by: Dustin Verley

 Thank you for clarifying. :)

 Nice job- I've always been interested to see more of these creative financing deals being flipped to investors, but wasn't sure how frequent it really was done. Good luck with the closing.

Mind emphasizing on the Solar Loan and the VA loan aspect of the deal (I'm assuming you used a VA loan to satisfy the existing mortgage)

Does this still apply to creative financing? (SubTo, Wraparound, Lease-Option, etc.) Surely there will likely be some form of down payment (whether cash or private money for instance) - but would the financed amount be considered one of the above three, or solely financing on paper?

I've never done this before, and have contemplated myself about the lease back approach. But 100% of the investors I spoke to in regards to this approach stated that they wouldn't entertain leasing back to someone in default for the increased risks that they'll default again. Even though there's investors out there that I'm sure invest in such non-performing notes... just sounds like a hassle to deal with.

How would this apply if both the seller and buyer, each, had their own respective agents? Would the seller and buyer agent split the (for example purposes) split the 6%, so each gets 3%? If both had 6% commission fees, and the down payment was 10%, this would leave a deficit of 2% with virtually none going to the seller.

Just curious if I'm understanding this correctly.

Overall- two goals: (1) Work on my accountability and connect with accountability partners and investors, and, (2) Execute, execute, execute.

I'm hoping to attend some conferences and seminars this year. Ultimately, I'm hoping to turn over 15-20 wholesale deals, and execute 4-5 creative deals for my portfolio. This is in conjunction with my full-time job, so the numbers are a bit conservative.

I've heard about doing a Series LLC. I have an LLC for my company right now, but am curious if it could be converted to a Series LLC. Or at the least, maybe start a separate Series LLC for each individual property.

As someone who has been learning this business for a few years now, but have been paralyzed by analysis paralysis- I've also noticed a challenge in finding accountability partners... or maybe I'm not looking in the right spots.

Anyone have any advice on where to find accountability partners? Preferably local, but wouldn't be opposed to be linking up with partners online and doing weekly phone calls, meetings, etc?

Does anyone know when BPCON2023 will be? Definitely will be making an effort to be there, especially with it in FL.

Opened this topic thinking there was only a few pages of dialogue (silly me.)

Instead of reading all 100 pages of content, my guess is a correction is coming. I don't foresee a "crash" myself, but the market prices will end up needing to correct with the state of the economy now, and where it's going.

Which stings when I see realtors up and down my FB timeline, mortgage brokers too, swearing the market is cooling and that "now is a good time to purchase." Everyone's entitled to their objectional views, but I cringe when I see this kind of advice getting tossed around sooo loosely.

We shall see....