All Forum Posts by: Mason Edwards

Heck yah!!! I guess you beat me to the punch then since you already emailed Michelle LOL Yah if you hittup the website again, click on "I don't have have a deal" so we can send you one email with the future requirements and give you a little more info about us etc. Then once you have a deal and legit need us, it will be easy to find us searching your email. ;)

Congrats on getting starting and doing all of your homework. BUT also don't try to be perfect. I mean yes on perfect integrity and perfect ethically, but don't try to be perfect when you're looking for buyers, sellers or the full process. YOU'LL NEVER GET STARTED...learn along the way and it seems you are doing just that. so KUDOS to you my friend. :)

Have an awesome weekend. I'm about to walk out the door to enjoy a dinner and show with the Mrs. :)

I'll get right on that Jesse, thank you very much! Have a great weekend and enjoy your night!

0 Votes

Quote from @Jesse LeBlanc:

We have clients reach out to us on MANY occasions to double close. That doesn't stop you from working in other markets either if you chose. I mean commonly it's "easier" to start in your own backyard for most.

I would highly suggest that you find some very solid buyers first. Build a relationship with them, find out what they are looking for, what their criteria is then start looking for that. Once you find something, get them to review the property and tell you what their price would be. Then all you'll need to do is negotiate with the seller a lower price to create your spread. You can then double close if you choose. :)

But feel free to check out my company online, I've got 80 ALL 5 Star Google Reviews and would love to help out anytime you ever need in the future @Mason Edwards. :)

Wholesalers Transactional Funding

Hey Jesse, thank you for the advice! I really appreciate it!

I'm in the process of finding cash buyers and building that relationship in my virtual markets. Once I get some more info on transactional funding I'm going to search locally. Since I've heard so many different things regarding Illinois laws, double closing, transactional funding, I just really want all my ducks in a row so I don't waste anyones time. But it definitely seems doable, as it seems more people (newer wholesalers) prefer assignments over double closing. I could be wrong it just looks that way.

Also ironically right after I posted this last night, I emailed Michelle on your team! You guys seem VERY promising and I'm looking forward to connecting with you guys and getting some more info on it and learning how the process works!

1 Vote

Hey everyone, so I'm thinking of trying to wholesale here locally in Illinois. I'm not interested with dealing with Chicago, as I've heard it's a terrible market. Since living in Illinois with the restrictive laws, I was going to have to go solely virtual. As of recently I've looked more into double closing and transactional funding and was wanting to see if that actually is something I can do instead of getting my license (because as of right now, I'm not really wanting to). I also don't want to wholesale illegally, but I've heard so many different things from people regarding wholesaling in Illinois. So can I double close in Illinois legally with transactional funding and if so where are the legit, reliable transactional lenders at?

1 Vote

All Forum Posts by: Mason Edwards

Mason Edwards has started 8 posts and replied 13 times.

Post: Wholesaling in Illinois (not Chicago)

Post: Wholesaling in Illinois (not Chicago)

Post: Wholesaling in Illinois (not Chicago)