OfflineThanks so much to the DG family, here and Insider Elite. My first wholesale deal closed today and got $10,000 CASH! Finally put my head down and sure enough in 60 days a deal done. I have another deal that will close by the end of the month (a HUD house) and another wholesale deal with contracts signed, so That's 3 deals for April.
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AaronD
You got it,congratulations.I am a bit nervous because I just came from a meeting with a RE Broker,and he offer me more than 20 deals and he want open a LLC with me to manage the business, he told me that he has 20 years in business and full of deals he can not afford and what is more, I ask as Matt said 20 to 25K and he told me can make for us 40 or even 60 !!!!!!!!!!!Now I need find cash buyers, I am terrified because is my first experience, please advise me how you did with cash buyers and after that double close if not assignment allowed.Thank you very much .
I would have to defer to the real experts on advice for that kind of deal. As far as cash buyers, I used bandit signs and called the "For Rent" ads in my local paper. Follow the steps in Dean's "30 days to real estate cash" or the Rock Bottom Blueprint!
AaronD
Glad to hear of your success ! Now keep it going .
Randy
What a great way to show us this can be done. Keep up the good work
Aaron thanks for the come back on how you did it, you are a light in dark place, may God continually pour out his blessing on you and yours.
J.W. Springer
But my God shal suply al my needs according to his riches in glory
by Chriat Jesus. Philipians 4:19
Thanks DG family. HUD foreclosure will close Tues or Wed! Double closing this one.
AaronD
Congrats to you. I'm so excited for you... Now keep up the good work and do some more!!
Psalms 118:23 "This is the LORD's doing; it is marvelous in our eyes."
Congratulations! That was inspiring.
Dennil
IF you do offer on a hud, make sure it's your 1st and last offer. They don't let you go back & re-negotiate. I'm learning the hard way. But, way to go!
Actually I increased 5% after they rejected my first offer, then they rejected my increased offer, so we waited until they did another price reduction and I offered the same offer again that same day, which was still $12k less and they accepted.
AaronD
So Cool! Love to Hear about others first deal's, and fill the excitement they share with the DG Family.
Congrats!!!
Richard
Richard Armendariz
So here is an update on my closing with HUD. It's been pushed back by HUD because they couldn't get their act together and so I had to file an extension which cost me $400! IT WAS HUD's FAULT and now I had to pay to salvage the deal or else they would have cancelled everything and I would have been out my deposit and all inspections I paid. Get an attorney who won't mess around and wait till the last minute (like most do) to get your deal closed. You must stay on top of these people!
AaronD
I appreciate the feed back Aaron, congratulations again, and keep the momentum going. Looking forward to hearing about your next deal...