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All Forum Posts by: Sean Brennan

Sean Brennan has started 51 posts and replied 440 times.

Post: Transactional Funding

Sean BrennanPosted
  • Rental Property Investor
  • Manchester, NH
  • Posts 447
  • Votes 81

Ok, I got it. Thanks Wayne Brooks and Ann Bellamy!

Post: Transactional Funding

Sean BrennanPosted
  • Rental Property Investor
  • Manchester, NH
  • Posts 447
  • Votes 81

Thanks Ted Akers.

Ann Bellamy Can you elaborate on #2? Also, why can't you do a dry closing on a short sale?

I hope my attorney wouldn't do that, since you recommended them to me :)

Post: Transactional Funding

Sean BrennanPosted
  • Rental Property Investor
  • Manchester, NH
  • Posts 447
  • Votes 81

Shari Peterson Thanks for the response! What would you suggest I do if someone asks for proof of funds but I plan do to a dry closing?

Post: Hedge Fund Obtains $2.1 B Loan to Buy SFRs – Investors Pay Attention!

Sean BrennanPosted
  • Rental Property Investor
  • Manchester, NH
  • Posts 447
  • Votes 81

I wonder what their exit strategy is? Sell in 3 or 4 years?

There is always competition and outside forces working against you. Don't let this psyche you out.

Post: New Member, Wealth Manager from Lexington, MA

Sean BrennanPosted
  • Rental Property Investor
  • Manchester, NH
  • Posts 447
  • Votes 81

Welcome Kirk Chisholm!

Post: Transactional Funding

Sean BrennanPosted
  • Rental Property Investor
  • Manchester, NH
  • Posts 447
  • Votes 81

I know that in wholesaling the simplest route is to assign the purchase contract. In addition, my closing attorney said that he can complete a double closing in which the end buyer funds both transactions. If this is the case, under what circumstances would you need or want to use transactional funding? Ann Bellamy I would love to hear your comments on this. Thanks!

Post: New member Worcester MA with some experience under my belt

Sean BrennanPosted
  • Rental Property Investor
  • Manchester, NH
  • Posts 447
  • Votes 81

Welcome Mike! Hope to see you at the Worcester Black Diamond event!

Post: Yikes! Check out this yellow letter response...

Sean BrennanPosted
  • Rental Property Investor
  • Manchester, NH
  • Posts 447
  • Votes 81
Originally posted by Steve Babiak:
Originally posted by Michael Quarles:
John. I'm not certain we are to use that word any longer.

Yes, the new PC term is "mentally challenged" (or something like that).

Actually, my wife informed me the other day that is now "differently abled." ha.

Post: Real Estate Makes Me Want to Dance

Sean BrennanPosted
  • Rental Property Investor
  • Manchester, NH
  • Posts 447
  • Votes 81

never mind, it didn't work :(

Post: Real Estate Makes Me Want to Dance

Sean BrennanPosted
  • Rental Property Investor
  • Manchester, NH
  • Posts 447
  • Votes 81