After Watching Dean's Video Today I figure I need to stat another journal Of Deals I close due to the EDGE. I have got so many great things going on today all because of the edge. I have done 3 more deals seance I have got home. I do have several great things in the making that I will follow up on very soon. I am going to be on the road for the next 2 to 4 weeks but that's OK. Will be posting of my new adventure here soon. Beware Matt I am on the way. I set very Hi goals for myself And I will not slow down till I do catch Matt.

Randy

Somehow with all of the knowledge and assistance from Dean's book, my DG Family, and even Dean himself, I have my first P&S agreement!

This is a 4 bedroom/1 bath single family home in my hometown of Lincoln. I plan on using one of the bedrooms on the first floor as a dining room since the kitchen is not too big.

I made an offer on a 6/3 SFR in my town on Thursday. My agent called on Friday AM to say the bank wants your best and final. I told her it was 115k My original was offer was 110k. She called me back friday evening and to say THEY TOOK YOUR OFFER!! Both my agent and the selling agent couldn't believe they took it, but we DG'ers know better!! It is getting on the end of the 2nd quarter afterall, and showings are WAY down according to my agent. The house comps out at around 170-175k. A recent comp on an exact type/sq. footage of this house sold in March for 187k!! Although I have a small twinge of regret that I didn't stand at 110k, I am going to still do a cash out refi at 70% loan to value and get all my money back A LA Rina!

Jill & I just signed a contract to sell a foreclosure
we purchased last march for 31K, making this our 56th Real Estate Transaction. We had a lease-option on the property, but the tenant stop paying after 5 months & we had to evict.We remodeled(cost about 2K)& is being sold for 50K. Still made over 20 % return, after making $300/month cash flow, Not Too Bad !We are now working with another DG member on our 1st assignment in Ca. The most amazing thing is that we still get just as excited as the 1st deal. Follow Dean's advise & get in the game. Take baby steps & remember you don't have to hit a homerun everytime, don't get greedy, make sure it's a win-win situation & you will

I completed my first deal with a property I found from another investor on zillow. The property was for sale for 19000 and I talked to the owner about including the funds to fix up the property into the financing, but he said he didn't really have them to put in the property right now so he would be willing to sell it to me for 9000@6% interest, on a 5yr term payable at 175/mo and he would be willing to hold all interest and payments for 60 days so I can fix it up and rent it out. Im currently trying to find a hard money lender for the repair loan. The fmv is 43,987 and I know that when I am finished fixing it up I can at least rent it out for 500/a month so it would be a cash flow property. The owner even agreed to hold any payments I would need to get it rented.

I am on my way to a first Deal! I found a house for sale by owner, posted bandit signs, found a buyer for 3000.00 down 700.00 a month. I am going to do a sandwich lease on the property, offering the seller, 1000.00 down and make his payments for him.. I should come out with 2000. and a monthly cash flow of around 200.00. With a minimum of a two year lease, if the buyer doesn't want to buy after 2yrs, I will re-negotiate the lease and I have a property for 1000.00 down with none of my own money! How about that for a first deal! I will keep you posted on my success! So, for all of the people that say this doesn't work, I say try and see! Get motivated, get out there and as Dean says.. Just DO IT ! Kevin