Gabriel Trieu
Getting to My 1st Deal: Update 2, Attempt 2
25 January 2014 | 4 replies
Please call me at xxx-xxx-xxxx.
David Weis
Proof of funds with private money lenders
27 January 2014 | 3 replies
Proof of funds is only used to show cash in the bank.A private money lender should issue you a preapproval letter stating you are preapproved to borrow $xxx,xxx.xx which you would submit with your offer along with proof of your own funds in the bank that will be used for your down payment (assuming you're contributing a portion of your own money).When the lender makes a private money loan, they will typically "fund" the loan into an escrow account or trust account (however it's done in your state) after all loan conditions are met, and it will go directly to the seller.
Karin Crompton
What kind of mortgage commitment do you require?
28 January 2014 | 15 replies
That would be the info I want to know, and would want in writing.We currently have an offer with a pre-approval letter that does not mention any of those (a generic "so-and-so" is pre-approved to purchase xxx property").
Bob McIntosh
Discounted Properties
25 November 2008 | 29 replies
XXX-XXXX Put the ad in the classified section of your local paper or pennysaver.Foreclosure auctions can be a good source of deals as can estate auctions.
Chris Coughlan
Best Area to Get Started In?
19 August 2008 | 21 replies
XXX-XXX-XXXX, and a person calls you who is in trouble financially and has a house with good equity.
John Chan
Building a Wholesale Buyers List
3 January 2009 | 21 replies
Put out a ton of bandit signs that say:handyman specialmust sell in 3 daystons of equityXXX-XXX-XXXXBuyers will call you to inquire, at which time you will say that the house has been sold.
Tiara Murray
Due Diligence, What is it?
22 February 2009 | 7 replies
You agree to pay $xxx per an hour (usually a blended rate for the staff - executives that will be working on the project) and they bill you based on how many hours it takes to complete the diligence.
Matthew Green
What is the best way to build a buyers list before you actually have a property?
25 August 2015 | 35 replies
3/2 1250 sq ft block(XXX) XXX-XXXXWho is not going to call when there's a deal at $.30 on the dollar available?
Jim Wineinger
Tax sale lists
14 September 2009 | 14 replies
These are required (by most states laws) to be published at least XXX amount of time before the sale.Some Counties will not allow you to put your name on any kind mailing list.
Nick Michaels
Buying a house with current tenant - seller's family
10 September 2018 | 13 replies
If you don’t want to push the vacant at closing, you can put it back into the sellers hands Vacant at closing OR:Son of xxx provides signed lease (attached) for $xxx/mo plus $yyy security deposit at closing.