After a few bumps in the road and this question and that form later, we got the call yesterday to close our last deal and that date is November 23rd at 11:30am.I have to admit, it was getting a little crazy, but hey, this is the game we have chosen to play. Anyway, we will walk away from closing with $1408.00 in our pockets.
THIS IS TRULY A NO MONEY DOWN DEAL WITH USDA. All of our up front money will come back to us. The only money we spent was a $300.00 house inspection fee which came thru with flying colors. That was an option, not required.
JAN AND JEREMY ARE BACK. CLOSING NOV.23RD ON LAST DEAL
November 20th, 2009 | posted by Jan MalekFOMAC pre-approved today
November 19th, 2009 | posted by fomac propertiesHey everyone,
Just to let all you out there with goals and desires know, it IS possible to do this REI stuff!
FOMAC receives HML pre-approval today for the up coming auction!
Still waiting to hear back on the owner carry property, but very excited about everything at this point! I litteraly can not move fast enough to soak up every opportunity that is being presented to me.
Everybody needs a piece of this pie - now go get em boys!
FOMAC
Failure to plan is planning to fail.......
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FOMAC signs first offer today........
November 18th, 2009 | posted by fomac propertiesHi everyone, Dean,
Today was a very encouraging day! I signed the offer I made on a single family, owner carry property. That was about 3:00 pm this afternoon.
But WAIT..... Tonight about 6:00 pm I got a call from a friend of mine who I told to pass along any potential renters, and she was asked by someone she knows today if there was a place for rent in town!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
The offer has not been accepted yet, should hear back in the next 24 to 48 hours. But in any case I have not just this tenant as an option but others as well!!!
Gearing up!
November 12th, 2009 | posted by fomac propertiesWell I am getting closer to my first real deal. I have been a fan of REI for years and never had all the puzzle pieces to make sense of everything. I for some reason really started looking at REI in January of this year. In July I saw Dean on TV. He is the most genuine guy I have seen promoting any information or product. Through all my action I actually became a property manager for a couple who moved out of state and have a huge list of potential renters looking for housing in my area, awesome!
One of my offers was accepted !!
November 12th, 2009 | posted by randyshermanLast week one of my offers was accepted !! I am so happy ! I want to thank Dean and his team , as well as everyone on this site .. This stuff DOES WORK !! You just have to be persistent and flexible ..
The home I will be buying is a short sale -- 3beds, 2 bath with a half acre lot .. The property needs basically 6k to 8k worth of rehab and then I can resell it making around 25k profit .. Not bad for a beginner ..
1st time poster - but lots to tell
November 12th, 2009 | posted by windfall_dpHi Everyone in the DG family!!!
Just wanted to share a few recent events... but first just a brief on my background...
