All Forum Posts by: Sherrice Baines

@John Hauser Thanks for the reference! Really appreciate it...Hope your doing well. @Alex Huegle Please feel free to reach out with any questions you may have.

Hi guys,

I need a little guidance. Two companies have reached out to me in regards to utilizing (or partnering) with their company to help fund my deals. One company states their program offers the use of their Proof of Funds in order to immediately get a contract accepted. The second company is offering to actually fund my deals immediately as long as the end buyer closes within 30-40 days. Of course, this sounds like a wholesaler's dream, however, I have NEVER used either one of these processes. And of course, there's a small profit for these companies as well. I'm not greedy, as long as everyone is happy with their pay day, I'm good. But, I'm also cautious and don't want to get myself into anything crazy. I'm old school, and have always conducted things either via cash deals, mortgages, or hard money. I'm willing to try something new, if it's worth my while regarding quicker closings and increased profits (which go hand in hand)

Has anyone ever used processes as such to expedite your deals? If so, please share your experiences. Would greatly appreciate it.

@Manny Cirino I agree with you. The first solution may be easier for everyone! Thank you sooo much for your advice. Good thing I have a good report with the seller. Shouldn't be an issue.

However, I will let you know the outcome! Have a great day!

Good Morning all!

I have a deal that has a total of 3 wholesalers. What is the best way to assure everything goes smoothly? Example: One wholesaler gave me (Also a wholesaler) a property for to market to my investor's list. Thru public advertising, another wholesaler inquired that HE has a buyer interested in the property. I never had this happen before. What's the best way to handle whereas everyone gets paid. Btw, the property is very inexpensive, with a lot of equity and very little work. All three wholesalers are only making a few thousand each, (quantity is the key, not tons of $$ off one deal) which still makes the deal very attractive. But, what kind of paperwork do we utilize to assure everyone gets whats due to them? Also, there's no financing, this is a cash deal.

@Jon Klaus Thank you Jon! I'm very excited!

@Nasar Elarabi Thank you for the information! I haven't paid anything as of yet (Thank goodness) I am going to definitely take your tips and give it a try. Will keep you posted. Of course, starting out & staying within the budget set is very important. No time to waste any funds.

@Account Closed Thanks you and yes, I would love that! I actually just signed up with REIA Chicago (Not a full member yet) and I will definitely reach out to you and let you know when I will be attending one of the meetings. I look forward to meeting you!

Hi all,

I wondering if anyone has had any experiences with purchasing large "Cash Buyers" list online. How do you know if the list are good prior to spending the $$. Many of these list can get expensive. AND is it REALLY that easy to get your hands on a legitimate cash buyers list online? Thanks in advance

@John Hauser Thanks John for welcoming me! I look forward to networking as well as obtaining some very useful information from various members of BP!

@Timothy Riley Hello & thanks for the welcome! I'm excited to be a member.