All Forum Posts by: John Williams

Ok cool thanks for the info guys!

Cool I keep seeing stuff about this MACU loan on here. What are the requirements and how was the loan process? Do they base the loan mostly on borrower or do they factor income from the property? 

awesome, how did you end up financing this?

Are there wholesalers using agents to find deals? Is the state approved REPC required if you aren't using an agent?

Nick- How about some more info on who you outsource your negotiations to, and what it costs.

Thanks!

I don't think its considered wholesaling.

I want to send mailers to people that are receiving NODs and negotiate a short sale while I find a new buyer.

Then use transactional funding to do a double close.

Thanks rich, how many of those deals have you and Will been able to fund so far(if u don't mind me asking)?

Winter showed up a little bit but today is really nice! I like when it cools off around here.

I just wanna know what kind of numbers you guys are working with when you flip a short sale.

average short sale price negotiated Vs. Price you sell for as a percentage.

percent of deals that fail

would you mind posting an example of what you are mailing out?

jon- I read all those blogs, funny thing is I have seen a couple of them somewhere else. I will figure it out later but either he wrote and someone else posted them or he posted them somewhere else. They were good to read tho, the one about bandit signs has inspired me to go get some.

Vikram-Thanks for the kind words, this is hopefully just a baby step towards what I want to accomplish. Doing these lonnie deals will really help me improve my negotiating and people skills and get me started.

I'll keep you guys posted