All Forum Posts by: Steve C.
Steve C. has started 1 posts and replied 10 times.
Post: Wholesaling help and answer
- Real Estate Investor
- Michigan
- Posts 10
- Votes 4
Thanks Sharon,
Though I already have access to cash buyers... This particular deal was about 85 miles away from my local area...
Post: Wholesaling help and answer
- Real Estate Investor
- Michigan
- Posts 10
- Votes 4
Thanks Michael,
Being I had an option on the property and was acting as a principal, I was able to collect through an assignment fee...
Post: Wholesaling help and answer
- Real Estate Investor
- Michigan
- Posts 10
- Votes 4
Thanks Marcus,
I got this under contract for 40k and found a buyer for 45k
Post: Wholesaling help and answer
- Real Estate Investor
- Michigan
- Posts 10
- Votes 4
Amazing how well this turned out!!!
That's $4500 bucks baby! :D
A very HUGE thank you to Rob The House Guy!
And also Angelo Russo who he put me in touch with to make this all happen... You guys I will Never forget!
And to hell with all the so called gurus, who never called me back...
I say come to Bigger Pockets guys, and do your best to get your answers here!
Post: Wholesaling help and answer
- Real Estate Investor
- Michigan
- Posts 10
- Votes 4
Thanks so much guys, I'll be getting back to let you know how it goes...
Post: Wholesaling help and answer
- Real Estate Investor
- Michigan
- Posts 10
- Votes 4
Thanks so much for the reply Scott...
Now I guess my next question would be how would I go about getting this type of agreement?
Post: Wholesaling help and answer
- Real Estate Investor
- Michigan
- Posts 10
- Votes 4
Hi everyone, looking for some help or advice on a possible wholesale going wrong...
Right now I have a seller who's looking to sell and a buyer already in the works... This happened so fast I really didn't have time to really figure out my exit stragedy and now I'm in a pickle...
My main concern here is;
1. The right and legal paperwork here for my State of Michigan. I am newly licenced also, so I'm even more confussed if I have to use the long 6 page agreement with the seller or can I use a basic P&S agreement through my LLC.
2. Also, how am I'm going to want to set this up for closing with a title company for both parties and myself to collect a check.
Long story short, I have nothing legally binding on this home, only an unrecorded option... But this seller is totally on board with me helping her out... The buyers on board also, but is only approved for a loan for the amount I'm asking... This turned out to be not a cash deal like I was figuring... Both these parties are eager, ready and waiting...
Any help would be greatly appreciated...
Post: Are we setting ourselves up for another bubble?
- Real Estate Investor
- Michigan
- Posts 10
- Votes 4
It ain't over yet and we haven't even hit bottom... Best beware of those long term holds guys...
Post: "Universal" Letter to Owners
- Real Estate Investor
- Michigan
- Posts 10
- Votes 4
Google "yellow letter"...
Post: "Universal" Letter to Owners
- Real Estate Investor
- Michigan
- Posts 10
- Votes 4
I actually add a small picture of my girlfriend and I to our yellow letters and postcards and get a much higher response... I believe the trick to getting a good response is not being fancy, but is being as personable as you can in your message... Good marketing is about getting the prospect to trust you.