All Forum Posts by: Johny Omaga
Johny Omaga has started 10 posts and replied 63 times.
Quote from @Te'a Baptist:
I am starting to get very nervous that I do not have a cash buyer and enough money to put up for my EMD. The last buyer I spoke to said he was not willing to put up an EMD so I'm not sure if that is going to be a problem with other people I market to which makes me nervous.
Hello! i can help with emd on your next deal. Message me anytime.
Quote from @Daniel Salmeron:
Hey everyone! Im new to wholesaleing and have been cold calling leads for the past couple of days and came across a seller willing to let the property go for under market value but is requiring a 15% down or EMD at signing. I would appreciate any advice as to how to go around that or how to come up with that EMD. I am willing to connect and bring in a partner that would take over and just let me tag along the ride for experience with no assignment fee. Thanks in advance!
Hi Daniel, I can help with EMD or any double closing transaction for any future deals. Message me anytime.
Hi Javon, I can help with any EMD or double closing transaction. Message me anytime.
Hi Marvin, I can help with seamless closing, including EMD and double closing. I also have standardized wholesale contracts to protect your EMD. Message me anytime.
Post: EMD dilemma when trying to get property under contract
- Posts 77
- Votes 32
Hi Monica, Just curious, why doesn't your JV partner want to show the property? I can help with EMD if you ever decide to go that route. Would love to connect.
This can be avoided with double closings. I also have a standardized whole sale contract you may use. Let me know if I can help with your deals.
Post: Property wholesale contracts and earnest money questions!
- Posts 77
- Votes 32
I can help if you dont have EMD. I can help you close , lets connect!
Post: Can you wholesale in IL without a brokers license?
- Posts 77
- Votes 32
You might still be able to double close deals. Let me know if you need help with your deals.
Let me know if you need help funding your EMD. Would love to connect.
Post: Mobile Home Park Home Ownership Program for tenants
- Posts 77
- Votes 32
Hello everyone,
So we are finally going to be closing on our first mobile home park deal in about a month or so, and had a question in regards to a homeownership program for tenants to take over their homes. We know that in most counties/cities you must be licensed to sell the home but in the case of a "home ownership program" we would plan on providing rent credits to the tenants, and at a future date when they've collected enough credits, we would just gift them the home, thereby kind of bypassing where we are selling it to them to avoid having to become licensed to sell. In a sense it would be similar to a lease-to-own, without having an actual sales price and no actual said contract. We've had no luck trying to find solid info on programs similar to this or templates on examples of such, so we wanted to reach out. And if anybody does have knowledge, if they could kind of go over some details of how their process works (i.e. do you take a small downpayment fee? Do you now have the tenants take care of any repairs? etc.). Thanks again for any responses :D !