Okay, my question is this: I was watching Greg Murphy on a video and he said that he has a seven step system for cash flow and that he tells his homeowners who are facing foreclosure that he will go in and pay back payments, make monthly payments, do repairs at no cost to the homeowner. I believe he then signs a purchase or lease agreement which allows him 30 days to the property to market or do repairs and in this time he tries to find an end buyer, but if he doesn't he does the above of taking over the debt. He later says if he can't find a buyer then he doesn;t do the deal. I know I have something mixed up here, because it sounds like he never lets the buyers down and if he doesn't find a buyer he takes over payments, but how does he do this with no money and always find the buyer for a property without letting the ball drop? Thanks for any help.
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Hi Tammy,
I was just reading about this,this morning,for about the 3rd or fourth time, Dean's book,Your Town,Your Real Estate Profits,chapter 4 Greg Murphy.Hope this helps.
All The Best
Chuck
I will go look back and see if that is the same information. I cannot remember. It seemed new to me, but I have read that book, so thank you; I will go look now. Tammy
www.tw4homes.com website
https://tvallc.isrefer.com/go/RehabLite/reigirl/ FREE SOFTWARE FOR WHOLESALERS, REHABBERS AND AGENTS! Present professional looking deals to buyers and lenders as well as run your numbers and get the ROI.