All Forum Posts by: David Lee

Hi Peter,
I am a new investor trying to get started in wholesaling. As a wholesaler, I always wondered what would be the benefit statement for realtors for working with me. I understand if I do double closing, but if I do assignment, my buyer would be buying, not me. If my buyer uses his/her own agent, my realtor doesn't get anything. Do I pay the realtor from my assignment fee? Or do I require my buyer to use my agent?

Thanks

Sage,
I am a beginner as well and I was told that section 8 landlords are great source for buyer list. I was also directed to website called gosection8.com. Did you try that?
Let me know how it turns out.

I ran across this article from CNBC and think it would be interesting for everybody to see. This is based on 1 year appreciation of the home price based on zillow.com.

http://www.cnbc.com/id/33733815

15. Perrysburg, Ohio (43551)
14. Philadelphia, Pa. (19104)
13. Newark, N.J. (07106)
12. New Orleans, La. (70119)
11. Hope Mills, N.C. (28348)
10. Rochester, N.Y. (45356)
9. Piqua, Ohio (14621)
8. Newark, Ohio (43055)
7. New Orleans, La. (70117)
6. Rochester, N.Y. (14620)
5. Atlanta, Ga. (30331)
4. Cleveland, Ohio (44110)
3. Philadelphia, Pa. (19148)
2. Philadelphia, Pa. (19145)
1. Fayetteville, N.C. (28306)

With three zip codes in top 15, would Philadelphia be the hottest real estate market now?

Joe,
If you are interested, I can give you a link that will get you the program $1,000 right now.

I know they do that all the time, getting first 10 people in half the price, etc.,

If you are interested, please send me a message, I will send you a link. I have been looking at this program for some time, so more feedbacks from people using this program, the better,

Hi Jon,

Thanks for the input and let me know what happens with the program.

I am more interested in their program, iFlip, that finds both buyers and sellers of Pre-Forclosures. This web-based program supposed to help you find the leads and build buyers list. If that program works like he promises, I think I am in.

I found it through this forum and others, POF letters can be obtained from other companies (sometimes with better term). So I don't think what he is offering is anything new. What works for Priscilla and some others, I think, is 3% flat with no minimum fees.

Most importantly I am interested in building buyers list, so let me know how's that part of the program works out.

Let me know what you find out as well.
I am interested in his program for finding leads. If his claim of getting both sellers and buyers for pre-foreclousres is proved to be true, he may be the guy for me as well.

I was looking into this program for a couple of weeks as well.

Cameron offers iFlip program where you can get the all the leads, both sellers and buyers. I am not sure how that program works. If this works, I may be interested in.

As far as transactional funding goes, there is other transactional funding companies out there. I believe an agent or owner of Coastal Funding is the member in biggerpockets. Their website shows they charge 2% funding with $595 processing fee (up to $1m). Depends on the transaction, this can be cheaper. I think there are more companies like that out there. Someone here mentioned tempofunding before.

I have not used any of these companies as I am still learning. But I am just sharing my research.

I love the layout. Looks and feels better. But little heavy for my mobile phone. Have you considered building a mobile version of the site?

Thanks Justin,
I will check it out.

Justin,
I attended webinar by Cameron Dunlap and he offers one-day transactional fund for 3% fee. But he requires $1,000 deposit (he will refund it after first transaction with him). It seems like your guy is more flexible and cheaper. Does he offer unlimited amount and POF letter on demand. I think that is what Cameron Dunlap offers.