All Forum Posts by: Stephani Davis

Hey Josh,

I agree with Shae- you should definitely continue with the educational series!

You are offering some fantastic education at an affordable price, so there's NO REASON for you to feel bad about marketing it. If you believe in the product and think it will have a positive impact on those who purchase it (which I know you do), then all the more reason to market the crap out of it. :)

Keep your chin up, Josh.

Steph

I've done it both ways, but am currently making all of my offers directly to the listing agents.

My offers tend to get a little more attention when the listing agent is getting both sides of the commission, plus, it's a great chance to build rapport..

Steph

Hi Thomas,

I just got the course, and would be happy to give you a review once I go through it.

Also wanted to add that most rei courses offer a money back guarantee, so if you end up buying something and it turns out to be a piece of crap, you can always return it and get your money back...

I personally have gained quite a bit of rei knowledge from buying courses and attending seminars. Like Will said- it really comes down to your desire to succeed and your willingness to take action once you have digested the information..

Steph

Here's a thread you might find interesting- explains how to wholesale REOs using a land trust...
http://www.biggerpockets.com/forums/16/topics/37088-flipping-reo-s-via-land-trust-

(you'll have to cut and paste, sorry).

Hi Nicholas,

I don't have any experience with Cameron's program, but if you are considering purchasing it just for the transactional funding/proof of funds letters, there are a myriad of transactional lenders you can use for no upfront fee, and they will also provide you with POF letters free of charge.

Just wanted to be sure that you were aware of that.

If you Google "Free Proof of Funds Letter" you will see what I mean.

Good luck,
Steph

Will do.

Thanks. :)

Hi Will,

What sort of fees are you charging for this service?

Also, I assume that even if the end buyer is lined up with a deposit, the deal would have to be something you'd be comfortable closing on if things went South, correct?

Thanks,
Steph

I heard a rumor today (from two different sources), that legislation is going into effect January 1st that will end short sale flips all together.

I haven't been able to verify this yet, though, so I have no idea if there is any truth to it.

Sorry to get off topic, Josh, just thought I would throw that in for good measure.

Steph

Hi Dwight,

Glad you liked the book.

I would have an atty in your area look over your contract to be sure you have all of your i's dotted and t's crossed.

It will cost you some cash, but is something you should do before you dive in.

Steph

Jonathan,

I am making cash offers, and providing the bank with a bank statement from a private lender as my proof of funds. I usually give the bank 1-2k as an earnest deposit.

Like I mentioned, there is nothing that I am aware of in the bank's addenda that states that the cash for the purchase has to come from the same source named on the proof of funds letter.

If you have information to the contrary, please share it with us.

Steph