"...this post-apocalyptic chic space {in the heart of Oakland's hipster mecca Temescal} has a lot of incredible natural light!"
.."Chances are you'll have to overbid. "I like to browse Craigslist for any sweet deals,...

Net effect will be the same,  but you're freeing up a Fannie Mae "number of financed properties" slot every 7-8 years instead of every 20 years. 

Hello everyone, I'm new to posting on here although I have cruised around the website s lot.

I like especially when they contact me and arrange an hour slot to just talk/intro ourselves.

If you cannot walk into your local bank and credit union and based on your relationship with the bank IE large deposits and I am talking in the multi hundreds of thousands.. or very large incomes I am talking in the multi hundreds of thousands.. and or very long experience level I am talking decades there is NO money at those rates. what there is   is money at 9 to 15% or higher.. once you grasped that concept and folks stop wasting time.. then you just plug those numbers into your deals.Now if your talking about yoru 4 mortgage slots for rentals  that's a whole nother story but if your looking for fix and flip type funding  etc etc.. the niche is the HML in the country and there are a lot of themget a copy of the Scottsman guide there are list there of reputable national HML.

Get a yellow legal pad, a good dark pen, draft out a quick, punchy message, and write it over and over.Keep it simple.

We booked the first available slot on Saturday - at 10am.

Those sales meetings usually have at least 40-50+ agents in attendance and the vendor gets a 15-minute time slot during the meeting to speak to the room full of agents.

.______________________________________________ The upfront agreementIn order for the upfront agreement to work, you need to frame it as a very fair, 2 way business agreement.Here is a possible exchange…After the walk through, you’re sitting at the kitchen table, looking at both mom and dad the sellers.I fold my hands and I looked very solemn, I try to give them is kind of an expression is possible, as sincere as possible, I have my legal pad, a pen, and a blank letter of intent in front of me.I also have a folder of comps and rental information on the subject property.So here’s the upfront agreement…Investor: “So Bob and Susan thanks for the walk through, I just wanted to talk about how I’d like to see our business relationship work.My job is to look at the property, look at all the financial information, then make a decision, on the spot.To keep coming back over and over thinking about possible deals is not what I do.What I do isif the location is right,the condition of the property is right,the layout of the property is right,the existing financing payments are right, andthe attitude of the sellers are right,then my job is to put together the deal structure that works for me,and I basically give the project the green light.Not a yellow light or a red light, but green light,the analogy here is that we go forward and get the paperwork done tonight.To keep coming back is not a good business plan, takes up too much time and nothing gets done.

At that point, you just opened up 1 or more slots of Fannie Mae financing for new rentals to be bought.