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All Forum Posts by: Jermaine Powell

Jermaine Powell has started 5 posts and replied 10 times.

Post: Wholesale Deal Closing

Jermaine PowellPosted
  • Wholesaler
  • Memphis, TN
  • Posts 13
  • Votes 0

Hey guys thanks so much! So I set up a double closing, and then do I use the funds that my buyer wired in to pay for the A to B transaction or do I need to acquire some type of transactional funding?

Post: Wholesale Deal Closing

Jermaine PowellPosted
  • Wholesaler
  • Memphis, TN
  • Posts 13
  • Votes 0

Hey guys, I have a question! If I want to close on a property that I'm putting under contract, but I don't want to do an assignment because Im making too much of a spread, how can I double close on the property with no money??? Thanks for all the help!

Post: Wholesale Deal in Memphis

Jermaine PowellPosted
  • Wholesaler
  • Memphis, TN
  • Posts 13
  • Votes 0

Hey BP members! How's it going! I contracted a wholesale deal in the Frayser area in Memphis but have been unsuccessful in finding an end buyer. I have until April 23-30 to get it sold. Any tips or advice on locating a buyer faster? Thanks and God bless

Post: Wholesaling Novice

Jermaine PowellPosted
  • Wholesaler
  • Memphis, TN
  • Posts 13
  • Votes 0

Hey, I'm trying to start a bandit sign campaign for wholesaling. What are some good things to write on there to attract Motivated Sellers? Also, does anyone know what a daisy chain deal is?

Post: Wholesaler from Tennessee

Jermaine PowellPosted
  • Wholesaler
  • Memphis, TN
  • Posts 13
  • Votes 0
Originally posted by @Robert Moore:

Hello Jermaine! I'm starting to wholesale in Nashville, TN, and feel like I may eventually come across buyers also interested in other areas, such as the Memphis market. I'd love to connect with you, and possibly throw some buyers your way down the line!

 Yeah that would be cool! And I'll do the same Vice Versa.

Post: Wholesaler from Tennessee

Jermaine PowellPosted
  • Wholesaler
  • Memphis, TN
  • Posts 13
  • Votes 0
Originally posted by @Curt Davis:

Welcome to BP.  As a new wholesaler your best source for finding cash buyers would come in the form of local turnkey company buyers.  There are a lot of companies like ours located here so all you have to do is contact them and get a basic idea of what their criteria is so when you get a property you can bring it to them right away. 

Good luck

 Oh cool! So I can get a deal under contract and show it to the turnkey companies right? Can you list a few local ones in or around Memphis. I also checked out Buymemphisnow.com

Post: Wholesaler from Tennessee

Jermaine PowellPosted
  • Wholesaler
  • Memphis, TN
  • Posts 13
  • Votes 0
Originally posted by @Mark Nolan:

@Jermaine Powell

Welcome to Bigger Pockets. It is great to see you hear.

 Thanks! Glad to be here

Post: Wholesaler from Tennessee

Jermaine PowellPosted
  • Wholesaler
  • Memphis, TN
  • Posts 13
  • Votes 0
Originally posted by @Stephanie Thomas:

I am interested in buying in Tennessee, once you have your deals, let me know. 

 Ok cool! Is there a phone number or contact E-mail I can contact you from?

Post: Wholesaler from Tennessee

Jermaine PowellPosted
  • Wholesaler
  • Memphis, TN
  • Posts 13
  • Votes 0

Hey I'm a wholesaler In Memphis, Tennessee and I come across great deals all the time. If you are a real estate investor looking for deals please leave your number or email info or connect with me on here. Thanks! Look forward to hearing from you all :)

Post: Wholesaler from Tennessee

Jermaine PowellPosted
  • Wholesaler
  • Memphis, TN
  • Posts 13
  • Votes 0

Hi, I am an up and coming wholesaler and has studied greatly over the subject of wholesaling. If you have any tips or advice on wholesaling then please let me know. Also, what's a quick way to build a buyers list?