All Forum Posts by: Cameron P.

Hey Brian Gibbons, Thank you very much for you imput. Thats what I have been doing now! Just finished sending out my first yellow letters as well as 2 websites and 6 online ads! So now im just waiting to gather all the information and going from there. :)

Go after it Bill im not going outside to lick any snow off this ground. Haha enjoy!

Wow @Bill Gulley That was an amazing reply! Thank you so much for your time on that cause I know it wasnt on your fun things to do today list! Ya im not going after the land contract it was just a deal I stumbled upon and got a little curious. Thank you all for helping me not waste days going after something stupid!!!

Hey thanks Steve Ive been trying to take all these words I have no idea what they mean and google them and try to make sence of everything haha. I thank you for a detailed response (dummed up a little for me) and I STILL HAVE MORE RESEARCH TO DO hahaha but hey ill get there sometime maybe lol

Thanks for the thought fellas I just swear I ran across this the other day on f2f but I can’t find it anymore. And the partners Brian where when they were buying packages from the Banks and 20 units a pop for 200k they slowed down now because of the investors are conservative. They are only in play now for like 4 units a month he said. He is trying to build is own cash flow currently buy using the tenants rent to double his land contract payments and get the houses paid off early and own them free and clear.

So this is my situation, through my beginning marketing I ran into a gentleman that does a lot of property management and works with 3 millionaires investor friends that he brings in for bigger deals when he can't do it along. He's a buy and hold investor and is currently renting out over 300 units in Kent County. Now he is only looking for housing that is 40,000 ARV and wants to do a land contract with 10% down and a 5-7 year plan. Now I don't have too much cash to be the cash buyer myself since I was laid off. But the wholesale opportunity with this guy is amazing and where hit it off right away even bring business for my family flooring business. So the meat of the question is how can I pull off this wholesale deal as a land contract but I myself can't be the cash buyer? Is it even possible?

Another question to maybe take someone for a loop. Would it be possible to get a land contract home under contract and then wholesale it as a land contract without having to be the cash buyer?

Thank you in advice for all those who have answered and I apologize if this is somewhere else or I just made a mess of this. I’m still very new and this is my first real post. soooo BOOM BABY!!!! Taking steps! LOVE IT!!!!!!

Thank you all very much! Im so greatful everyone on here is so friendly. Sorry about the late responce but I got lost in all this new information you guys were telling me to read and forgot to post back! :x opps haha

Thanks @Seth Williams we should network outwards a little more and try to get a midsize group together and start planning a date sometime in the near future to get the ball rolling

Hello everyone! Im also new to wholesaling and I'm currently in the Grand Rapids area. Id love to join this tri-REIA group if possible to make it a quad!

Hey Michael, that would be fantastic. Id love to meet up sometime when you are free to grab a bit and chat on me of course!