All Forum Posts by: Mary Woodman

I put $3000 earnest money down today on a home from a wholesaler. I tried for 2 days to get into the house. When they finally got back to us they could only show it at 5pm on the 2nd day. We told them we didn't want to put the earnest money down until we saw the property but they said they'd open it to other buyers by 1pm that day if we didn't. We put the money down and went off the pictures we were emailed. 3 hours later we saw the property and it was NOTHING like they described it. The pictures were very deceiving. It needed way more rehab than they estimated and their ARV was off as well. There was NO potential to make money. We would have lost money. I called the wholesaler right away and complained. He said he'd "try" to get us our money back. My argument is that he told us other buyers wanted this property and put pressure on us to put the money down without seeing it. Please tell me I have SOME hope of getting that money back!!

@Mindy Jensen I would LOVE to attend! Will be looking for other details!

@Eric Shadowens thank you!

How do all of you do title searches in Maricopa County in Arizona? I’ve been on the county accessors and I’m new to this. What am I looking for when I search for liens, encumbrances and/or tax records? I want to bid on a property at an upcoming auction but I’m trying to do all my homework.

What are some of your favorite websites for scouting out a potential neighborhood for investment opportunities? I’m looking for information like crime, employment, hazards, healthcare, noise, parking, planning, traffic...etc.

@D'Andre Byers

Tell her to read Brandon Turner’s No or Little Money Down Investing! I’m just now starting and I have 5 kids. You guys are in a great position to start now. There are so many options and ideas for the position you guys are in. Good luck!

I am attending a 3-day workshop at the end of the month called Flip For Life Real Estate Workshop. Right now I am devouring any and all real estate investing material I can get my hands on. The goal I have set for myself is to buy my first property in 6 months. I am wanting to get into flipping. I’m currently reading Brandon Turner’s book on little to no money down. What did you veterans find was the best way to creatively finance your first deal? My story is: I have excellent credit, $10K in savings, I’m a stay at home mom who’s baby just started kindergarten (so I have more time than I ever had since starting my family 16 years ago), my husband is a pilot for a major airline and we are currently completely out of debt except for 2 car payments and a mortgage. Knowing all this about me...I need your opinions!! I was a real estate agent for 2 years but at the time couldn’t invest the time needed to build my business. I have basic knowledge from that experience and from buying our own homes over the last 12 years.