AB-BC closings... you actually close the deal using transactional funding and resell the property to the end buyer in the same day...

I don't have much cash (~$30K) and am unsure what deal makes the most sense for my first transaction.

Hello EveryoneI work for a private lender in Philadelphia, but have never been on the opposite side of the transaction as the investor.

@Leisha Cousarif you are purchasing a home being sold by a (seller's) agent it costs you nothing to get a (buyer's) agent to represent you in the transaction - as the buyer's agent is paid by the seller.

We just had to put a bigger earnest money and deal with the agent instead of the owners themselves. if you submit your offer to the agent they are required by law to show it to the owner. some of them will not allow you to assign it and require that you be the end buyer after seeing your prove of fund (which you can get for free if you have an LLC ) in this case you will have to use transactional funding to do double closing. just try and submit your offers or letter of intent.

I phrase the conversation as others have said, above, so despite the fact we have an appointment, they need to "opt in" with a call/text confirmation at least 2 hours beforehand or it's as if we never crossed paths.Another thing that helps is double-booking (or more) the appointments (this also helps with perceived scarcity of resources and prompts more ambivalent applicants to make a move to "beat" their competitor.")  

Go to networking events, get on local FB pages, post ads on CL, look up cash transactions or flips and call the buyers / flippers. 10 deals a month in Denver from bandit signs wont happen..

With the ups and downs we had on this transaction, most buys (let alone new buyer) would have lost their head and their cool.

.- A lot of pest report stuff that no one would care about on any non-VA transaction.- The important thing is that you do this AFTER you're 100% certain that this is the house you want, and that the seller doesn't have any "outs" to back out of the deal without consequences, and that any pesky underwriting conditions are signed off too (juuuust in case).

Good luck in your investing and hopefully we will cross paths.