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All Forum Posts by: Michele Jefferson

Michele Jefferson has started 4 posts and replied 55 times.

Post: KEEPING EXISTING LOAN

Michele Jefferson
Pro Member
Posted
  • Realtor
  • Newport Beach, CA
  • Posts 84
  • Votes 12

Hi Bill,  Thank you so much.  That helps a lot.

Post: KEEPING EXISTING LOAN

Michele Jefferson
Pro Member
Posted
  • Realtor
  • Newport Beach, CA
  • Posts 84
  • Votes 12

Hi,  I need some clarification on a unique situation.  I have a deal whereby the Buyer wants the Seller to carry back 50% of the loan in the second position.  The first position is a Private Money (50%) to the Seller at the close of escrow.  The Seller has an existing loan on the property that she wants to keep in place and continue paying on and holding 1M in a trust account in the event the Buyer defaults on his obligation.  Can this be legally done?  Thank you.

Post: OC Master Mind Group

Michele Jefferson
Pro Member
Posted
  • Realtor
  • Newport Beach, CA
  • Posts 84
  • Votes 12

I'm very interested in joining a mastermind group in OC as well.  Same as Brenden, I'm looking for a mentor as well.  Please keep me posted everyone.  I'm so ready to do this.  

Post: My daughter's most recent BRRRR deal. Step by step Breakdown

Michele Jefferson
Pro Member
Posted
  • Realtor
  • Newport Beach, CA
  • Posts 84
  • Votes 12

@Omni Casey Thank you so much. You are an amazing and kind person.

Post: My daughter's most recent BRRRR deal. Step by step Breakdown

Michele Jefferson
Pro Member
Posted
  • Realtor
  • Newport Beach, CA
  • Posts 84
  • Votes 12

This is priceless....Congratulations to you and your family.  I live in California and everything is so expensive.  I could never get started with a strategy like yours here.

If you have any suggestions I would be happy to hear your thoughts.

But again, I think it's wonderful starting your children out at an early age.  

Thank you for sharing.

Post: What's holding you back from buying your 1st investment property?

Michele Jefferson
Pro Member
Posted
  • Realtor
  • Newport Beach, CA
  • Posts 84
  • Votes 12

Little to no capital and fear of doing it wrong.

Post: Where are all the female investors and real estate agents?

Michele Jefferson
Pro Member
Posted
  • Realtor
  • Newport Beach, CA
  • Posts 84
  • Votes 12

@Dayana Chavarria

So would I 😊

Post: Where are all the female investors and real estate agents?

Michele Jefferson
Pro Member
Posted
  • Realtor
  • Newport Beach, CA
  • Posts 84
  • Votes 12

@Mary M.

I’m a real Estate agent and own nothing.

Post: Where are all the female investors and real estate agents?

Michele Jefferson
Pro Member
Posted
  • Realtor
  • Newport Beach, CA
  • Posts 84
  • Votes 12

Real Estate Agent / Investor from SoCal.  Hey ladies.

Post: NEWBIE IN THE CHAT HOPING TO SELL AT LEAST TWO PROPERTIES SOON!

Michele Jefferson
Pro Member
Posted
  • Realtor
  • Newport Beach, CA
  • Posts 84
  • Votes 12

Hi Christine,

Welcome to the family!!