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All Forum Posts by: Spencer Greogory

Spencer Greogory has started 3 posts and replied 7 times.

I am looking for some help in structuring creative finance deals and want to understand possible balloon payments. 

How much should I keep the down payment at?

Should I offer above asking price and how much above?

How low of an interest rate should I offer with the deal or should I even offer any with offering above asking?

How much of a gap should there be between when it comes to the payment to the seller and the possible rental income the property could produce?

Quote from @Jesse Walters:

Hi Spencer!


I live and invest in the Columbia area, and I also have a list a buyers. Propstream is a great tool and you’re off to a great start. From my experience, you should be finding a lot more properties that can be potential wholesale deals in our area. I’d love to connect and see how we can work together!

Let’s connect man and work together would love to learn from you

I am new to wholesaling and was looking for any advice with contacting and finding buyers. Any website suggestions? Does the house always need to be distressed? How do you go about contacting sellers after skip tracing them, do you always cold call, direct mail, or email? Does the Do Not Call list and the act against cold calling or SMS messaging concern you when trying to contact buyers?

Right now I use propstream but haven't seen any houses worth reaching out for I used filters: 35%-100% equity, owner individual, and I'll turn active bankruptcy on/off depending on the results. 

I also know I should be looking for distressed properties or at least properties that could use work with enough margin to get it below market where the seller and buyer isn't screwed but I also make money. 

I lived in central Missouri and I was using Columbia as my first area but all the houses I found under my filters on propstream where 250k up to 380k with maybe 1-2 houses below that range and I can't tell if its worth it to try because finding a buyer for a house that expensive. 

Post: Offering a helping hand to new wholesalers

Spencer GreogoryPosted
  • Posts 7
  • Votes 0

Hey Jack, if you have time I would love to connect and get some pointers from you about starting in wholesale real estate. I am new to this strategy and if you would like to help me with the ins and outs of it all that would be great. 

Quote from @Barry Ruby:

@Spencer Greogory

Hi Spencer,

Let me know If you need any help working with the numbers I can send a pro forma workbook that I made for my son


 I would like to take a look at that workbook you have. 

Quote from @Josh Stout:
Quote from @Spencer Greogory:

Hello guys, I am 22 and would like to get a better understand about wholesaling and if anyone had time to talk and let me ask some questions that would be great. I mostly just have questions about finding sellers and then best ways to find buyers and resigning the contact to the buyer. If I should start in my state or to just go straight to finding the best deals in and outside my area. 


 Hey Spencer, welcome to the game! Love seeing young people get into real estate. There is obviously a ton to wrap your head around but thankfully at least as many resources to help you do so. Check out Ryan Dossey's content on youtube...he gives away tons of actionable info without all the pitching you get from others. If you have some specific questions about buyers lists, finding sellers or anything else in wholesaling don't hesitate to reach out! Love connecting with new people. 


 thank you for the information and if you have time I would like to ask some questions. 

Hello guys, I am 22 and would like to get a better understand about wholesaling and if anyone had time to talk and let me ask some questions that would be great. I mostly just have questions about finding sellers and then best ways to find buyers and resigning the contact to the buyer. If I should start in my state or to just go straight to finding the best deals in and outside my area.