My First Deal!

27 Replies

Originally posted by Dan Gheesling:
Lewis,

Have you started to prospect potential properties for her yet?

What is your timeline?

Dan,
I have found a few deals, I just need to know how to exactly write it up to protect myself. She is waiting on me, I have been an agent for the past 7 years, and for the past year and a half, working with her. I have been studying courses and the only thing I find is confusing info. Some godd, most bad. I need to know a strategy to put a REO under contract, yet be able to sale to my buyer with an FHA loan. Help!!!!

Lewis,

There are some great boilerplate contracts and documents here: http://www.grecotitle.com/

It's near the bottom left of the page under "Forms Library."

Good luck!

Originally posted by Dan Gheesling:
As I have just went back to re-read my first deal post - it is still exciting!

What I am enjoying now with our Real Estate Investment firm - is seeing and hearing the passion and excitement from first time Investors as they go through the same process I did just a few years ago.

Has anyone else been fortunate enough to guide someone through their first deal?
Great news man! Congrats and the best of luck to you...Luis
I have gotten more from seeing someone else succeed then myself, it truly is a rewarding profession! :)

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