All Forum Posts by: Janet Brown
Janet Brown has started 1 posts and replied 27 times.
Post: NO MONEY DOWN! :) Just closed on my 3rd property...

- Laurel, MD
- Posts 29
- Votes 9
@Lisa Lavie Congratulations. Thank you for sharing your deal. I am so looking forward to knowing what this experience feels like.
Post: Getting cold feet - help!

- Laurel, MD
- Posts 29
- Votes 9
GOOD LUCK @Stephanie D. Good for you that you are going for it.
Post: Interesting Fannie Mae flip situation

- Laurel, MD
- Posts 29
- Votes 9
Hi @Sharad M. thank you for this interesting question. I look forward to following the thread to learn from the responses, as well. Good luck with this and congratulations.
Were you able to negotiate on the listed price since it is a Fannie Mae deal or was the listed price the price you paid? Just curious because I'm looking at a few that I want to offer a lessor price for.
Post: Tonight's webinar still on?

- Laurel, MD
- Posts 29
- Votes 9
Hi Brandon just sent out an email that it's postponed due to a crash of the webinar site.
Post: $10k on First Wholesale Deal

- Laurel, MD
- Posts 29
- Votes 9
Congratulations. Your story is very motivating. Keep pursuing your dreams.
Post: Well-executed wholesale deals feel like well planned checkmate.

- Laurel, MD
- Posts 29
- Votes 9
@Gilbert Dominguez Awesome.
Hi Daryl Williams. Congratulations on your license and welcome to BP.
Post: Well-executed wholesale deals feel like well planned checkmate.

- Laurel, MD
- Posts 29
- Votes 9
Hi @Jamal Lee. Your success is terrific. The deal was a win-win for everybody. No, you did not take advantage of the situation as the "faceless" Tom V depicts.
Reading is FUNdamental (yes I know I capitalized a portion of the word).
Your post indicates that the property was in need of "major repairs" which for some reason even supposedly serious experienced investors want to ignore, failing to understand that is a big part of the numbers game. Neither you the wholesaler nor the seller are risking the time and money towards the repair so the deal could not be as profitable to either of you as it will be to the end buyer, taking all the risks. From my humble perspective you put together an awesome deal. You didn't try to run rogue on the seller or buyer which is evident in your assignment of contract profit.
Thank you for sharing this post because the vast majority of BP apparantly wants to stake wholesalers. I wish you much continued success and please don't hesitate to share your stories. We are neighbors actually so double kudos!!!!!!!
Post: I PUT MY 1ST OUT OF STATE MULTIFAMILY (30 UNITS) UNDER CONTRACT

- Laurel, MD
- Posts 29
- Votes 9
Welcome and congratulations to you @April Crossley. Thank you. Good luck with your continuing success.
I'm sorry that the contractor scammed you. I'm real new but I plan to pay contractors after the work is done. But if it is a big job many of them may want some type of down payment. I've hired a contractor for small personal jobs and I've always paid him after the work was done.