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All Forum Posts by: Lynne Garris

Lynne Garris has started 18 posts and replied 109 times.

@George Patrick also the seller is a mortgage company which I have been calling for weeks, direct mail, emailing. What can I do now to reach them? All I need is for them to sign my purchase agreement.

@George Patrick okay I went with my friend hes a realetor to see a foreclosed house, did my homework, comps, etc. Got a estimate knew it was a good deal. Made a offer of 25,000 it was accepted, estimate was 24,600. Than the realetor said they cant accept my wholesaling contract. It's a 40,000 assignment fee by the way for me. What can I do now?

@John Farady Okay thank you actually I talk to a guy tomorrow from that website about a property I am interested in.

How can I get around one agent that doesn't work with wholesalers to another that does? This house is a 40,000 profit and dont want to lose it. My other friend is a realetor he said he would work with me. Please help

If I want to purchase a house and it's a great deal 40,000 but its listed with a listing agent can I get another one in there? My realetor friend he would work with a wholesaler but the agent whom is there will not. There must be around this.

@John Farady. Thank you so much.

How can I find homeowners in default easily? Is there a website that I can go to?

@Wayne Brooks thank you. I understand know.

Post: How To Get a Wholesale Deal Under Contract

Lynne GarrisPosted
  • Posts 112
  • Votes 15

@Christian Walker Hello I am new here myself and working on my first deal which I working on getting it under contract it's a great deal problem is it's with realestate agents. The first thing I did was educate my self daily. Than I found a mentor and several cash buyers. The deal I am working on is 40,000 assignment fee for me. 67,000 profit for the cash buyers. . Another thing you must do the math before making a offer to make sure it's a great deal for your cash buyers. I just saw a deal I should of yanked up. It was in foreclosure home 2.2 million dollars and sellers wanted only 1 million. I co texted them several times but now I lost that house.

This is my situation. It's a great deal problem is realetor are involved and how do I get around this? Okay I found a great deal. I found a foreclosed home. Did the ARV, Comps, all the math I needed to do. Last house sold was 174,000 but my house is larger. I made a offer for $25,000. My buyer is so happy that he said I could make $40,000 on the deal. Now after I wrote up the agreement the realetor says he has his own. How do I get around this? It's a $67,000 profit for the cash buyer. Please help.