Reat to Own Deal Closed 2/5/14 = $3760

- Yesterday

KNOWLEDGE =
- Read more of There is A Spiritual Solution to every Problem.

ACTION =
- Checked on my cash buyers offer with the bank (nothing yet).
- Searched for a new bandit sign caller a LO home.
- Went to look at 1 forclosure for cash buyer #3.

Favorite Quote yesterday - "Do you not know that you are the temple of God and the Spirit of God dwells in you." Corinthians 3:16 - In Dr. Dyers book.

Monthly Goal - I will have 1 house under contract by Feb 28th 2011 (2).

- Yesterday

KNOWLEDGE =
- Read some posts.
- Read some of TIASSTEP.

ACTION =
- Went and looked at 4 foreclosures.
- Meet with a buyer for one of my cash buyers to get property info.

Favorite Yesterday - "So you think, so shall you be." - Dr. Wayne Dyer

Monthly Goal - I will have 1 house under contract by Feb 28th 2011 (1).

- Yesterday

KNOWLEDGE =
- Read some of HTWFAIP.
- Read some of TIASSTEP.

ACTION =
- Made a bandit sign (I buy houses - any condition - phone #).
- Spoke to one of my cash buyers and searched for a home for him.
- Spoke to one of my bandit sign callers.

Favorite Quote yesterday - "the royal road to a person's heart is to talk about the thing he or she treasures most." - Theodore Roosevelt

Monthly Goal - Will be revised for March (tomorrow).

- Yesterday

KNOWLEDGE =
- Read some Journals and Posts.
- Read some There is A Spiritual Solution to Every Problem.
- Read some of How to Win Friends and Influence people.

ACTION =
- Put out 1 - I buy houses Bandit sign.
- Made 1 - I by houses Bandit Sign.
(I know only 1 sign Dan come on etc.! I am making them and 1 a day x 31 = 31. That is a goal I can reach at this time.)
- Searched online for a foreclosure for a cash buyer.

**- I reviewed some of my progress over the last 90 days and decided it is time to focus on sellers. Looking back at the last 90 days I now have 3 rock soild cash buyers ready to buy from me now, 2 I have seen there bankstatments and 1 I have sold 3 homes to in the past, as his buyers agent. I have a list of 8 active buyers looking. They are all at different stages of when and how they are going to buy. I have a database with many potiential buyers and I have made progress putting my past buyers in my data base. My data base looks like this - I have Cash buyers, Active buyers, Buyers that are 90 - 120 days out labeled as Watch, then I have a list of people that I know are going to buy in a year or two and that is labeled as my Qualify list buyer. I use my contact tab on my yahoo email to keep, update and grow this list.

I am going to make money being a REI I must now start to market to sellers. As I read from a soild REI guy on this site some time back you have to have a property to make money so now I am adding that area to my efforts. Also, I will continue to get buyers once I have a property to market. So I am gettin gcloser mainly because I am not stopping. Also thank you to Bama Girls journal mentioning that I buy houses - Any condition - Phone number and website (squeeze page) {I do not have a website yet,so until then just my phone number.

Favorite Quote yesterday - "Talk in terms of the other person's interest."
- Dale Carnegie

Monthly Goal - I will put out 31 I buy houses - Any Condition - My phone number in the month of March (2 so far, first one on the 28th).

- Yesterday

KNOWLEDGE =
- Read some of TIASSTEP.
- Read some of HTWFAIP. (see titles above).

ACTION =
- Made one seller bandit sign.
- Put out one seller bandit sign.
- Met cash buyer #1 at a foreclosed property to walk through it and discuss it together.
- Searched for additional foreclosures for cash buyers.

Favorite Quote from yesterday - "Always make the other person feel important." - Dale Carnegie

Monthly Goal - I will put out 31 seller bandit signs by March 31st 2011 (I put out 3 so far).

- Yesterday

KNOWLEDGE =
- Read some of There's a Spiritual Solution to Every Problem.

ACTION =
- Made 1 bandit sign.
- Put out 1 bandit sign.
- Went to a sign store to price yellow blank signs.
- Put a offer in for my cash buyer #1.

Favorite Quote yesterday - "It is very hard to beat someone who never quits." - Babe Ruth

Monthly Goal - I will have 31 seller bandit signs out by March 31st. (4 so far).

i'm trying to do a NO MONEY DOWN "DEAL" with this Realtor,this guy his been e-mailing me every other day,til now.any-how the houses(2) he wants to sale are gonig for 27k and the other at 35k.market values are 100k,one property is in tax trouble.i made an offer of 10k for ea.oh"by the way these are 3bedroom ea.,1542,1224 sq.ft.,year built 1923 and 1930.MY QUESTION IS HOW CAN I PUT THIS "DEAL" TOGETHER.i'm looking at 100% owner financing,but i'm not sure that i understand (100% owner financing).I DO HAVE A MOTIVATED SELLER!Plus i e-mailed this realtor 30 OFFERS" at 50% off asking,(100% owner finacing) have'nt received one response yet.
what i(think)i get so far out of 100% owner financing.either 30-70%,50-50%,meaning 30%(or 10-20%) down payment at terms with owner for 5 years,the remaining 70% this is where i'm "STUCK" AT!!the remaining 70% is done thur a conventional lender(bank) or "hard-money"??MY QUESTION HERE IS,WHO IS GOING TO THE BANK OR HARD-MONEY LENDER,THE OWNER AND MYSELF,OR JUST THE OWNER.OR IS MY CONCEPT WRONG ANY-WAY??

Post this question under the questions section so the entire community can answer your question. This is just a journal and very few people will read it here.

If you want me only to answer it here reply and I will do so. You have many questions and you would be better served to copy and paste this under the area where the entire site/team/community can respond.

OR

If you want reply back and I will copy and paste it for you.

Best Wishes!

- Dan

- Yesterday

KNOWLEDGE =
- Read some of There's A Spirital Solution to Every Problem.

ACTION =
- I made 1 seller bandit sign.
- I put out one seller bandit sign.
- I called one cash buyer.
- Corresponded with two bandit sign callers.
- Searched for REO's for them online.
- Spoke to 1 DG'er on the phone, forwadred him 47 homes that are <110k, 3/2's REO's in Villa Rica Ga.

Favorite Quote from yesterday - "You can't have God and have fear too." - Dr. Wayne Dyer

Monthly Goal to put out 31 seller bandit signs by March 31st. (5).

- Yesterday

KNOWLEDGE =
- Read some of How to Win Friends and Influence People.

ACTION =
- I made 1 seller bandit sign.
- I put out 1 seller bandit sign.
- I cashed 2 cash buyers to discuss homes.

Favorite Quote yesterday - ""The deepest principle in human nature is the craving to be appreciated." - William James

Monthly Goal - Put out 31 seller bandit signs by March 31st 2011 (6).

- Yesterday

KNOWLEDGE =
- Read some of TiASStEP.

ACTION =
- Made one seller bandit sign
- Put out 1 seller bandit sign
- Spoke to one cash buyer
- Went to look at 1 foreclosure and 1 short sale.

Favorite Quote yesterday - "Every man I meet is my superior in some way. In that, I learn of him." - Emerson

Monthly Goal - I will put out 31 seller bandit signs by March 31st 2011 (7).

Well Pilgrim, I can see how far you have come and how far you have to go to meet up with your dream. I do watch your posts and as of late I have been away doing my REI thing. I also see that many have come to you for advise and that is a good thing if you want it to be. I sense in your posts you are becoming somewhat being pulled at all sides from others. You must look out for number one first Dan, this I know. When your success comes, and it will, then and only the should you allow yourself to be a helper or advisor so to speak. I have a feeling that this is pulling at you.
I am not a rah rah type of person and I do not blow smoke up anybody's backside, I just try to tell it like it is out here. Stay the course my friend, it is right infront of you, you just can't see it yet. With much hope for your success...Jan

Your are a true inspiration and I appreciate your sincere comments. Seriously i appreciate you taking your time to inspire a help me. Thank you!

Thank you! Jan

Best Wishes!

-Dan

- Yesterday

KNOWLEDGE =
- I read some of How to Win Friends and Influence People.

ACTION =
- I made one seller bandit sign.
- I put out one seller bandit sign.

Favorite Quote yesterday - "Make the ther person fell important - and do it sincerly." - Dale Caregie

Monthly Goal - I will put out 31 bandit signs by March 31st 2011 (.

- Yesterday

KNOWLEDGE =
- Read some of HTWFAIP

ACTION =
- Made one seller bandit sign.
- Put out 1 seller bandit sign.
- Recieved 1 voicemail from my first caller on a seller bandit sign.
- Called one of my cash investors.

Favorite Quote yesterday - "You can't winn an argument". - "A man convinced against his will Is of the same opinion still." Dale Carnegie

Monthly Goal - I will put out 31 sell bandit signs by March 31st (9 so far).

- Yesterday

KNOWLEDGE =
- Read some of TIASSTEP

ACTION =
- I made 1 seller bandit sign.
- I put out 1 seller bandit sign.
- I spoke to my first seller bandit call. He has a flat stone home. Owes 71k worth 91k (he said) I will run comps tomorrow. He had a divorce got the kid and needs to move near his parents.

Favorite Quote yesterday - "Our Lacks come from failure to understand God's law." - Dr. Wayne Dyer

Monthly Goal - I will put out 31 seller bandit signs by March 31st 2011 (10).

Hello everyone,
I am in need of some ideas with reference to funding. Although i do have excellent credit (800+),and have some funds, my situation is not being able to document income. Any help with ideas would be greatly appreciated it.

I say seek out anyone you can possibly think of and present some information to them, (meaning private money lenders) or are you asking what's the best way to get funding for your deals?

You have to fill in the gaps for me. LOL!

Thought I'd check in on you again. Sorry I haven't called, yet. Been doing the old one step forward, two steps back dance lately, myself. I'm determined not to let it deter me though! I'll give you a call tomorrow and we'll catch up.

I see your making good progress and sticking to your guns. Wouldn't expect anything less of you and I know that you'll get to where you want to be soon!

Keep up the good work.

Hello my friend,i see you are still moving forward with rei every day .YOU ARE movin closer every step that you take that involves real estate.glad to see you do something rei EVERY DAY !! Keep that forward motion .
Success to y ou
Jay

Thanks you DG friend. I been meaning to call you as well. BUT, I need to make sure I am 100% positive when I do. Been having some life opportunity/slash growing pains trying to get me lately. But, they will not>.

Getting there or dieing trying.

Best Wishes!

- Dan

Consider starting to put enough money in the bank so that you can document it. After 1 year you can prove your income on a loan application. Perhaps you will need 2 yrs. for a mtg.? Not sure about guidelines anymore. I was a loan officer for almost 10 years But that was 5 years ago!

Best Wishes!

-Dan

PS. - complete your bio and ask if you need additional info.

You seem to come by at the right time! You a REI angel or have a crystal etc. lol. But, as always I appreciate you and you checking in with your inspiration, hope and encouragement.
I will catch up on your Journal soon. Thanks again.

Best Wishes!

-Dan

- Yesterday

KNOWLEDGE =
- Read some of TIASSTEP

ACTION =
- Made 1 seller bandit sign.
- Put 1 seller bandit sign out.
- Called 1 cash buyer to discuss new listings.
- Searched for a home for 1 bandit sign caller.

Favorite Quote yesterday - "When we put our collective energy on what we what
we are for, bringing bringing kindness and love to bear on our differences of opinions, the need to resist ends." - Dr. Wayne Dyer

Monthly Goal - I will have 31 seller bandit signs out by March 31st 2011 (11).

- Yesterday

KNOWLEDGE =
- Read some of How to Win Friends and Influence People

ACTION =
- Made 1 seller bandit sign
- Put out 1 seller bandit sign
- Spoke to my 1 seller bandit sign caller. He want to sell his home and take the equity and by a trailer on a acre. I checked comparable sales to see what his home is worth. Looks like he has about 20k equity.

Favorite from Quote yesterday - "Hatred is never ended by hatred but by love." - Budda

Monthly Goal - I will have 31 seller bandit signs out by March 31st 2011 (12).

- Yesterday

KNOWLEDGE =
- I read some of HTWFAIP

ACTION =
- I made 1 seller bandit sign
- I put out 1 seller bandit sign
- I spoke to 1 of my cash investors(he had gone blind had 3 surgeries and got back about 40% of his vision)"Reminder to always be thankful/grateful" - Me
- Showed a house to a potiential buyer - that I put under contract for another cash investor.

Favorite Quote yesterday - "The only way to get the best of a argument is to avoid it." - Dale Carnegie.

Monthly Goal - I will put out 31 seller bandit signs by March 31st 2011 (13).

The advise you gave on post #10 for possibly working with FSBO owners to allow you to use their property instead of ghost ads is excellent. It could be another way to earn a fee by helping them sell their home. If you brought them a buyer that closed, would using a just a birddog fee be the best way to go?

Thanx Dan for this thread. Hope all is well with you.

Hey Steve,

If you are not licensed and brought a seller a buyer you would hve to work out with the seller and the attorney how it would be stated on the HUD1 closing statement. Also, if the buyer is getting a loan or not would come into play. Perhaps consider posting this question fro everyone one answer. Unfortunately or fortunitally for me I usually just use my real estate license. I am limited by the amount I can make using my license. In this situation I could make 7,000 on a 100,000 loan by beingh the listing and selling agent.

Best Wishs!

-Dan

- Yesterday

KNOWLEDGE =
- I read some of HTWFAIP

ACTION =
- I put out 1 seller bandit sign.

Favorite yesterday - "Develope a deep, driving desire to master the principles of human relationships." Dale Carnegie

Monthly Goal - I will put out 31 seller bandit signs by March 31st 2011 (14).

- Yesterday

KNOWLEDGE =
- I read some of How to Win Friends and Influence people.
- Read some posts on this site.

ACTION =
- I made 1 seller bandit sign.
- I put out 1 seller bandit sign
- I called and spoke to my Naerly blind cash buyer (he is doing a lttle better).

Favorite Quote yesterday - "Don't Criticize, Condemn or Complain." - Dale Carnegie

Monthly Goal - i will put out 131 seller bandit signs by March 31st 2011 (15).