All Forum Posts by: Brian Gibbons

Get your license and get access

Get a non licensed realtor assistant license and get access

Hire a realtor in your investment co LLC and list as a member and get access

http://get.biggerpockets.com/flippingbook/

Buy that to quote repairs

I'll respond to this tomm 

great report!

@Jay Hinrichs

You should hug that pretty girl I your profile picture!

@Christopher Goldie

Here are some questions that I'd like you to report and I might be able to help you if you answer these questions

What is market value based on comps

What is existing financing balances and payments, arms or fixed

What is her motivation for selling

What is her timeline for selling

What is her plan in case the house doesn't sell, rent?

What kind of a quiet street is it, or is it busy

What kind of condition is the house in?

C, If your specific about these questions I can probably help you, including 

what kind of big chunk of cash she wants

I would look at lending to rehabbers at 12 percent

There are printer lender posts here on my BP blog

http://www.biggerpockets.com/blogs/3-reiskills-and...

Hi @John Matthews

My thinking is interest rates are going up and increases "due on sale risk" on loan being called

Exit strategy is always lease purchase or lease option :)

Okay the spring is starting and I just want to ask everybody

are you ready to go talk to Sellars?

In this thread is marketing ideas for expired listings, for listed houses, for landlords, for FSBOs, for we buy houses people that have thin leads

In this post I'm going to keep it really simple

Step one you need a good attorney

Step two you need a good Rmlo

Step three you need access to the MLS

Step four you need a letter of intent to talk to Sellers about entering into a lease and option or subject to or wraparound mortgage

Step five you need to know the basics of talking to sellers that have little equity

Step six is you need to close on a letter of intent, and follow through to get the seller to sign either a lease with an option, a wrap around mortgage sale, or a subject to existing financing sale

Step seven depends on whether or not you have a lease with option or sub two or wrap

If it's a lease with option, you want to enter into a lease with option with the seller and your LLC. Then get the keys and place a large sign on their front yard

If it's a sub to or a wrap, you want to take possession and have 30 days paid on the house upfront so that you can either rented out as an owner or lease purchase the property

Hope that brings clarity to this process, on the seller side

Dont want to argue with you.

@Bill Gulley might want to post.

@Alexander Schiller

http://get.biggerpockets.com/flippingbook/

That link above is your cheapest fastest way to learn flipping and pricing rehabs.

I'd get your realtor license and have access to MLS

I'd work with an experienced flipper where you are.

And learn pretty houses low equity acquisitions, like sub2, lease options and wraps.  Less time, no banks.