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All Forum Posts by: Frechic Dickson

Frechic Dickson has started 4 posts and replied 7 times.

Post: Short Sale-Early Occupancy

Frechic DicksonPosted
  • Mentor, OH
  • Posts 8
  • Votes 0

Hello! I have a buyer who is waiting for a short-sale approval on a home. Everything else is done. Financing is in place, appraisals & inspections have been completed, and all documentation has been submitted to both banks. We were ready to close before the end of the year. BUT! We just got word yesterday that the seller's bank sold the loan to another bank! Now the buyer is interested in an "Early Occupancy" option for this home since they fully expected to be in there before the end of the year and gave their landlord 30 day's notice.

They're concerned that if they move in and move forward with the short sale process that the new bank might decide not to accept a short sale and they will end up being without a home.

Any advice?

Hello @Kevin Crowell! I plan to reach out to you soon so we can discuss this further! Thank you so much for your contact information!

@Daryl Anderson I'm hoping to invest in Lake/Cuyahoga County. I'd like to do wholesaling exclusively. My goal is to wholesale at least one property a month. I am hoping to pull my family out of $50,000 of student loan debt before my children start college. I don't have a far fetched plan. I believe it's totally doable. I just need to know how/where to start.

@Sean Dawson Thank you so much for this priceless advice! I plan to do every single thing you suggested.

I'm taking the advice that I've read in the Educational tab and I'm putting myself out here.

1. I'm based out of Cuyahoga/Lake County Ohio.

2. I need assistance/feedback on how to find ethical mentors in my area.

3. I'm interested in investing in Wholesale Real-Estate.

Thanks in advance for your help! :) Hope to hear from someone soon...

Post: Advice Needed: Cuyahoga / Lake County, Ohio

Frechic DicksonPosted
  • Mentor, OH
  • Posts 8
  • Votes 0

I'm taking the advice that I've read in the Educational tab and I'm putting myself out here. 

1. I'm based out of Cuyahoga/Lake County Ohio.

2. I need assistance/feedback on how to find ethical mentors in my area.

3. I'm interested in investing in Wholesale Real-Estate. 

Thanks in advance for your help! :) Hope to hear from someone soon... 

Post: Wholesale Real-Estate

Frechic DicksonPosted
  • Mentor, OH
  • Posts 8
  • Votes 0

Hi, I'm brand new to the site as well as to real-estate investing. I have experience in marketing and I am charismatic! (both valuable skills I've heard! lol) 

I am not interested in becoming a multi-millionaire but I am interested in working for myself and providing a comfortable living for my family. After doing some research, it seems as though Wholesale Real-Estate is the best option for me.

I am ready to jump right in! I have a few buyers whom I know personally (3-4) and are willing to work with me to find homes they are interested in buying/rehabbing. How do I start? If I find a house, what do I do from there? Where do I draw the contracts from? 

Is this information still relevant today? If so, thanks so much! It's extremely helpful! :)