All Forum Posts by: Michael J.

will this be recorded?

I personally use Calltools

I like using the CE Shop,  you can get 35% off TheCEShop.com

Let me know if you have any questions.

That depends on whether the seller wants to risk getting sued for breach of contract by the buyer they are under contract with.  Unless the current contracted buyer has failed to perform on the contract, there isn't much the seller can do to get out of the legally binding contract they signed.  Best bet would be to consult with an attorney on what their options are.

I find my best private money lenders by getting out and networking at local meetups.  You can join local FB real estate investor groups, check meetup.com or find a local CREIA group.  Then go and meet people, make genuine connections.  You will find people who want to loan their money out.  

Why don't you say that you collaborate with a group of investors and that one of them will bring the funds to close out the deal?  There are lots of options out the for transactional funding though.  You will usually pay some points as well as closing costs on the transaction, so keep that in mind that you will be eating up your margin.  I would spend some time networking with local investor groups.  You will find people who have the money available to loan you for short term.

Why don't you go to local meetups and network with other investors?  Also look at joining your local CREIA group.  There are plenty of people in these groups that would be willing to be private money lenders or partner with you.  You could also find good mentors in these groups as well.

why not create a partnership LLC?

I will analyze deals and make offers on MLS listed properties. Sometimes they get accepted, sometimes they don't. Just really depends on the sellers motivation. If you are the end buyer this is entirely possible.

When just starting out as a new real estate agent, the biggest things to focus on are what brokerage will provide you with training and mentorship.  You need to focus on building your foundation without a strong foundation and ongoing training and access to trainers and coaches then you will struggle in your career.