OfflineI just spoke with some Realtors today. The one I spoke to the longest told me that she could only make an offer on a house if I was approved for a loan. So she said I would either have to get approved myself OR have a buyer lined up (with a loan) BEFORE we made any offers. Is this correct? I tried telling her that its possible to do it otherwise, since I see people everywhere doing it.
Please help!!
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Dominic
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Anyone??
Dominic
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Do you want to assign the property or keep it for your self?
Or just use a proof of fund letter from coastal funding.
Dominic,
The true trick too real estate investing is...To believe in yourself and find people that share your idea to purchase property!!!I say it now;Team comes before buyer,What do you think?
P.S.The best of luck(You know we make our luck thru taking action)
Invest in yourself!
Move on to the next realtor!! If they do not want to help with arms wide open then dont waste your time with them and move on to the next!!
Goodluck,
Shaun
All you need are Proof Of Funds from any reputable source such as hartwellventures.com, or coastal-funding.com. Unless of course it's you who actually want to buy the home for yourself. Otherwise use those two sources POF's for your cash backers. Tell that Realtor that you have cash buyers backing your transactions and if that's not good enough for him/her then find another realtor who's not so sedimentary in their ways.
Bryant Slade
Dominic,
Maximilionalpha is right all that you need is a proof of funds and you can obtain this through a transactional funding company. I use Legacy Real Estate Solutions, LLC. They service all 50 states. If you PM me I will give you there contact number.
I put in over 100 offers a month on Short Sales and REOs using a simple proof of funds and then do a double close to wholesale to my end buyer.
Good Luck!
Do not fear, for I am with you; do not be dismayed, for I am your God.I will strengthen you and help you; I will uphold you with my righteous right hand. Isaiah 41:10
http://realwholesaling.com FREE wholesaling tips and resources!
To your success,
Carol Stinson
Sorry for the late reply, had an interesting weekend to say the least. Thank you all for your replies and I will send you a PM freeindeed. Thanks for getting me back on track! Everything sounds good. I will present this idea to the Realtor I was talking to, and if shes not open to the idea or has no clue what I am talking about I will just move on.
Dominic
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This is great information because I ran into the same thing with a Realtor I've been talking to. They seemed open at first but in the end wasn't supportive and didn't think I could do what I said I could do. They said the buyers I was looking for don't exist!
Find a new Realtor! I went through 3 other agents before finding the Realtor I'm working with now. Their loss is someone else gain.
"I will NOT BE BROKE! ANYMORE!"
In the name of Allah, the Beneficent,
the Merciful.
22.He is Allah besides Whom there is no God: The Knower of the unseen and the seen; He is the Beneficent, the Merciful.
23. He is Allah besides Whom there is no God: the King, the Holy, the Author of Peace,the Granter of Security, Guardian over all, the Mighty, the Supreme, the Possessor of greatness. Glory be to Allah from that which they set up (with Him)!
24. He is Allah: the Creator, the Maker, the Fashioner: His are the most beautiful names. Whatever is in the heavens and the earth declares His glory: and He is the Mighty, the Wise.