All Forum Posts by: Nillion Lambert

@Tom Gimer I have buyers. That has never been the issue. I will negotiate. I am not trying to get over on anyone. I have always and will continue to conduct honest business. My concern is providing astronomical amounts of money (myself or a buyer) for homes where sellers' agents are requesting certain percentages upfront. It is unnecessary.

Thanks so much @John Swem!!! I actually just received another contract so I will try that. I appreciate your advice.

I thought this was a no-brainer. The comments tried to prove me wrong. Finally someone understands. Maybe there is something I can offer the more experienced folks on here. Thanks so much @Zachery Buffin 

Hello @Trevor S Foster. I am local to Baltimore and look forward to wholesaling in the surrounding city areas and counties. I would like to wholesale at least 2 properties before the year is out, as I am just getting started myself. I've built a team of resources and found a great mentor, so I feel confident to make moves now. I would eventually like to fix & flip and buy & hold. 

Thanks @Charlie MacPherson and @Tom Gimer. It is refreshing to see someone speak positively on here or offer some encouraging words to assist. I have been basically educating myself and doing the ground work to get started and stay motivated. I appreciate your comments

Thanks for the advice and well wishes @Joseph M.. I've tried it all. I actually abused my credit trying to get business funds the traditional way. Luckily for me, I've had results this way and will continue until I get the results I desire. My buyers are fine with me providing properties significantly lower than what's posted on the MLS. I have to start somewhere until I can do it another way. Isn't the message always to find your niche...

I can see you did not read my post in its entirety @Pratik P.. I never mentioned anything about upselling sir. Just to give you an example, there was a property on the MLS for $125k. I negotiated, got the seller to agree to $90k because it was overpriced, and marketed it for $95-100k. I have also done cold calling, door knocking, letter writing, and other strategies to get off market deals. After receiving few results, I went to this method. This has yielded the best results. So I will continue to do this in order to build capital.

Thanks for the advice @Christopher Giannino. I have never mentioned anything about wholesaling. My contact with all agents and anyone else is that I am an investor. Unfortunately, I've lost too many deals this way and that has been my reason for researching other avenues of assistance. I guess my search will continue on...

Thanks @Simon Ghandil. I am unsure why MD agents are requiring $2500 and more. Maybe because the properties have sat so long on the market. I’m clueless. 

Thanks @Zachery Buffin. A $100 EMD does not work for MLS properties (in my experience), so I doubt if $1 will. If it were that easy, I would have closed on my deals long time ago. I would've had the funds already if buyers did not back out of deals right before closing (on my off market deals). I won't squawk about it, but will find another way to make ends meet. I will check out the website you provided. Hopefully, it yields a breath of fresh air. As you know, this business isn't easy to get into and all the promises of "no cash or credit" are deceiving. There are needs for some form of cash or credit to maneuver in REI whether it's a down payment, points on a loan, personal guarantee, EMD, etc etc.