All Forum Posts by: Lindsey Johnson

Hey BP!

We are running some off market foreclosure transactions and I am looking for a title and escrow company who  is willing to be creative. I am finding some of them are unfamiliar with off market acquisitions in San Diego and won't run the transaction. For those working off market deals that are legal but untraditional, what escrow/title do you recommend? Any thoughts are welcome.

Thanks!

I sent you a DM as well. I would love to learn more about what plays are working for you!

@Bryce Hammill Creative finance all day. Search on market for FHA/VA loans property owners with a property on market for 90 days or more. Call the agent and ask if they'd be open to you purchasing the property subject to. and/or, Search for seller finance deals. Here are a few resources on where to find deals: landwatch, ownercarry, ownerfinancing, sellerfinancing, Sellercarryback, installmentsale. All dot coms. Check it out! No need to wait for a downpayment.

@Tyler McKown man, I wish I would have been thinking like you as a new graduate! I would recommend jumping in right away when you graduate to keep momentum. Keep the same mentality you have had as a student, but apply it to real estate. Purchase books, dedicate time to learning, test your skills. Network on here and at REI meet ups (see facebook or eventbrite). Talk real estate with everyone who will listen. Become very comfortable with the terms and numbers. With a genuine hunger to learn, university education, low bills and high time, the world is yours bro! DM me with any questions. Would love to be of any help I can be.

With a mentor, team, solid goals, and a network you are bound to succeed! 

I think networking, particularly as an agent, is super neglected. Many agents feel that its "me against them". Not so. I have gained so much knowledge and wisdom from my fellow agents! Not to mention referrals! Paperwork is paperwork... but everyone brings a unique flavor to their business. I recommend meeting as many agents as possible and talking about real estate as much as possible. Growth and opportunity will accelerate towards you. Best of luck!

Thank you for your service @Justin Mabry !

Have you looked into the VA loan? If not, I have a great resource I can connect you with. He knows all things VA. I feel like the VA is one of the biggest and most overlooked perks ever!! Especially as an investor.

Secondly, I think your strategy of learning before making moves is wise. Just don't get stuck analyzing forever! At some point you got to get in the game and be prepared to make a mistake. You sound like a very educated and analytical person, so I think you will do just fine. Particularly with your strong "why".

God bless you in all your endeavors brother!

@Evan O'Brien , I work with a title company who conencted me with a list resource. I pull the lists weekly, contact them with a call, text, door knock, and/or letter depending on the deal, and aim for 4 appointments a month. Its been a fun and productive strategy so far!

Hey @Evan O'Brien , 

I Agree with @Scott E. - Cash flow is awesome and if your goal is FIRE (financial independence, retire early) this could be the way to go. At this point you will be "wealthy" in terms of time, you have bought it back! Which is a huge win and frees you to focus on what truly build wealth. Long term, appreciation is the way to build true wealth. A home run is a deal that does both! Of course these are highly sought after, but they are out there. I would recommend that you find a market that cash flows well but also has a positive trend in sales price, pick an off market strategy, network within that market with other investors, and be consistent for 6 + months. I think you will find a deal if you are patient, poised, and connected. Best of luck!

Hey @April Mulroy , I have seen the most value recently from pace Morby. His subto group is epic and what he puts out on youtube for free rivals what some coaches charge 10k+ for. He does have a mastermind that costs about that, but you can go through free stuff for probably 6 months first. At that point though you may be sold! Deff check him out though!

@Ivan LunaThere are still deals to be had in Oceanside, just have to get creative! I sent you a DM:)