Could it be??....Will it happen??...I say YES!!!!

Yes, I find it pretty strange. Originally he had an ad to sell 4-5 and as we talked, it turned into most of his portfolio. i.e., my buyer with 'deep pockets'???

He's not your typical motivated seller. He and his wife are wanting to buy/build a home on the lake. It's not that he "has to sell"! Still doesn't make a lot of sense though....putting another ad on CL when you have a buyer in your back pocket??!! We'll see what tomorrow brings!

Do not fret; even though I have been overly excited about this one, I AM still workin' it! Got quite a few irons in the fire. Just wanted to catch the BIG ONE so I don't have to worry about working for the man anymore!

Finally got the revised offer (package) from Seller today. As expected; it's only 5 properties....and of course, not all the best! He wants to keep 4 in his portfolio and guess I can't blame him on that! Asking price is $147K.

Forwarded to my Buyer and his response was..."So he doesn't want to sell the others? I need at least 4 more cash flowing properties." I let him know about Seller's accountant, capital gains, yada yada. Needless to say; he was pretty astounded that his offer of $297.5K for the 9 properties did not get accepted!

I suggested countering on the 5, and maybe giving other options with offer on all 9, i.e., spreading the "purchase" out with maybe one transaction this year, and another one next year....thanks for the suggestion fellow DGers!! He said that he definitely only wanted to do a one time Cash transaction!! Man; aren't those some "SWEET" words!!! LOL!

Buyer said that he will be sending his counter offer tonight, and wants to create contracts TOMORROW!! All I can say is...I hope there's a BIG FAT WORM on the end of that hook!!!!

This guy says he'll take all the cash flow properties that I can get him!!! Fitting his criteria, of course. Now, I just have to "get on the ball, or on the bus"!!....and I hate riding the bus!

I must not forget to thank the Lord again tonight for this opportunity!!

Like I said, what a time for negotiations!

We all hope something works out for you soon, man! You've come so far, too.

Great Job John, you just hang in there. I think you are about to catch a great big ONE!!!! Payday that is ... Keep us posted!

Wow! What a roller coaster ride for you, John.
We're all rooting for you! Keep on PUSHing! Thanks for sharing your story.

This is the most in-depth thread I've seen so far when it comes to the step-by-step of the actions that you're taking within a particular deal. It's great that you keep this thread so updated, John; truly. We'll all rooting for you, buddy. I hope hear some more good news soon!

JC Atom

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Unrelated Post Script: Captchas are too smart for me; it takes me like 3 tries... -_- I fail.

This is the most in-depth thread I've seen so far when it comes to the step-by-step of the actions that you're taking within a particular deal. It's great that you keep this thread so updated, John; truly. We'll all rooting for you, buddy. I hope hear some more good news soon!

JC Atom

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Unrelated Post Script: Captchas are too smart for me; it takes me like 4 tries... -_- I fail.

Hey Folks! It's been a long couple of days! I did not get Buyer's counter back Sunday night, as I thought I would. After going back and forth, looking for additional properties to add to my Buyer's "package", trying to get a long distance co-wholesale deal locked up with an IDIOT buyer, taking calls on bandit leads; I'm pretty exhausted. I know that I stand to make a really good payday! And if I can get this first Turnkey package deal completed; my Buyer wants 20-25 more of the same! I'll have built a really good relationship with a well established local investor that is VERY promising!

It has been VERY time consuming, and difficult to manage my time! Jen, Michael M., Donna B.; I give you all the kudos in the world for accomplishing what you have, as I know that I am only beginning. Something I definitely have to work on, but a nice problem to have. Means there are opportunities galore....just got to reign them in!

My Buyer has countered today with $137,500 for 5 properties (Seller asking $147,000).....they have a monthly net income of $3K. Forwarded to Seller earlier today, but he is out of town until this Friday. Don't expect any answer until at least then. We will see and I will continue to pray that the Lord blesses me and my family. I can see it, smell it, and almost taste it! VICTORY is mine; the vision is crystal clear!!!

@ Dallas - thanks for visiting bro'. I'm looking forward to going MUCH farther!

@ Donna - ironic that that my wife and the 3-1/2 yr old boy she keeps have been wanting me to go fishing the last 2 days!! Maybe I'll take a break tomorrow...peer pressure from the "Boss" is getting intense! lol!

@ Kat - Your welcome! I'm strapped in tight and HOLDIN' on!

@ JC - Yeh, I seem to have been getting a little "long winded" here lately!!

Actually, I think my wife's gettin' kinda tired of hearing about it all...gotta express to someone....and this IS my DG Family!!!

Thanks y'all (that's all you guys in "yankee") for all the support and positive comments. It's just awesome and means so much!!

As we say here in the Heart of Dixie; "See ya tomara"

It's great to see others succeed, though. And, it gives me & alot of other peeps hope! What do you stand to make, profit-wise once this package goes through? And, why is your buyer an idiot?

The buyer I thought we had for co-wholesale deal; tried to low-ball his final offer. This, after several emails with him agreeing to a price. He saw how much my partner paid for the property after I sent him the addendum/assignment for signature, etc. Kind of a long story, but looks like we may have a buyer locally?!

My take on the turnkey rental deal could be as much as $18K!!!....I'm getting $2K/property. So, the first package totals 5. My buyer wants a total of 9....THIS time! Can you say "some beach; some where"? Aahhh...I can hear the waves slappin' those sugar white beaches....

These guys are all trying to play games of some kind, but it sounds like you're on your way regardless. Stay in the ring and keep swinging, you're on the verge of landing a "punch" (deal) somewhere! Sounds like you have a real buyer (or two) in your pocket, now all you need is a seller who will take you seriously and COMMIT to a deal. You're 95% of the way there, and the hardest part's behind you. Keep going and keep us updated! Best of luck to you...

Hey Rick -

Yes, you're right...Commit is the optimum word! We will see if the Sellers are just that!?

- The Co-wholesale deal looks like it's DEAD! This is the one where there are "buyer" issues. Could still happen, but realistically, probably not.

- Found another Seller and my Buyer has "officially" offered on a total package of 8 properties. Contract offers went out first thing this morning with an acceptance date of today; 10/19 @ 5:00 p.m.

NOW the REAL negotiations begin!!!!! tic toc, tic toc, BOOM!!!

SO, SO many times! I'm sorry John, keep at it, one will go through sooner than later!

BTW, I finally revealed the text on my journal because I had a contest and whoever guessed first would win. Well, someone guessed close enough for the reveal. For a laugh to take your mind off things, go check it out.

Here's update I previously posted in CFIC on FB. Copy and paste is the way to go here...thankfully, I have lots to do (with REI) and it will save me some time.

It's hard to believe that I actually started working on this deal around the 4th of October! It's taken a very long time and I pray that it will soon come to fruition...it IS in His hands!!

UPDATE 10/29....Contracts signed by both Buyer/Seller as of tonight....Woohoo! Now inspection/contingency period begins. This is first part (5 pack) of 8. Closing set for 11/29! This has been a LONG, educational, trying journey, with a LOT of negotiating; NO DOUBT!! Buyer's first counter offers are in on the final 3-pack and waiting on Seller....slow to respond. It's hard to believe she is really motivated, but I know she is...inside info!!

Lesson #1 - Control the deal and get it under contract, or you'll get strung out like a clothesline!!! LOL I will know next time.

Looks like it just might be a 'Green Christmas" at the Gillons this year! YEAH, I"M PUMPED TO THE MAX!!!! I know that I can't count those 16K chickens till they hatch, but you can betcha I'm gonna be sittin' on the nest!!! hahahah God is SO good...prayers are starting to be answered on a daily basis. All glory goes to Him!!!

Its YOUR time!!! AWESOMENESS!!! SHINE baby, SHINE!!!

and don't send texts at 12:30 in the morning... just sayin...

Tks a million! I'm sittin' on READY, SET, GO! There ain't NO stoppin' me now!!!

BTW - Who's the one that's so 'thumbsy'??? lol! And....my time would be 2:30!!

Did it close????

No...closing is scheduled for the 29th of Nov. We are in the inspection/contingency period right now.....unconventionally long @ 21 days!! "Cash" buyer is actually using a PML! Once we get past that; I'll feel more confident. Don't think there will be issues; at least with the properties, etc. My concern is the PML!!?

The Lord's brought me this far....I feel confident he'll see me through on this one! Doesn't mean I'll quit asking though!!

Way to go John!! God will make a way outta no way!! Congrats it already happen!!

Love the scripture!!

BTW - Great smile, too!!!!

I read your original note about the closing date but my brain was thinking October instead of November...

His PML is maybe a family member or something. I don't think that will be a problem.

Keep thinking positive.

Karen

i will keep a watch on this one......

I was wondering.....? LOL!

The PML actually ISN'T a family member, but I do feel positive. It just seems like everything's taken SO LONG! Guess I'd go crazy with a SS, huh??

Hi Walt, Hope you are doing well! Thanks for the well wishes!

You have certainly Perrrrrrrsevered, John! Something's-a-happening!
Some perrrrrrrspiration in there, too!
Hang in there! Take a break, take a breath, go fishing...gonna be a green Christmas! Weee!

PS. The way I've heard it is: "PRAY Until Something Happens!"
(like you were saying above).

I'll be in the same boat, too, soon. Too much to divulge here, and I don't wanna jinx it yet. But, congrats to you, man! You'll go far in the real estate business, if you stick to it, man. Lessons learned? Oh, yes. DON'T tell your rehabbed any important details as to asking price, or if you have it under possession. Wy? If you do, they might try to mess you around, behind your back. IN that case, sometimes less is more. Be friendly with them, but not their friends. If it's true, I'm learning that the hard way. But, man! 5 homes... $16k profit? awesome! I wish there was a deal like that here... it's all good, though. Congrats, John!!

Way 2 Go John, May you have many many more blessings, WooHoo!!

Ronda

Romaluv22
Signing out,

I have been to your area a couple of times and have walked on the boardwalk in Atlantic City. When seeing the news reports on TV it is hard to believe that so much devastation happened in so short a period of time.

I am also seeing on the news reports that the people hit by the storm are starting to clean up and get reorganized on their own. They are not waiting for someone to lead them or give them direction. They are also looking after each other in any way they can. Keep up the courage and if you need help let everyone around you, and your government know and get the help you need.

To all of those affected by Sandy, I hope and pray for you every day. I cannot imagine what you all must be facing, but I do know that east coasters are strong and with weather this storm like you have many. I hope every day gets better and better and you all can resume to a normal life soon. God Bless. Thanks Dean for your generosity in helping those in a time of need.

I like that take on PUSH....very fitting!!

@ Dallas - Hang in there; we'll both get there very soon! Yes, and sometimes less is more. I have to watch myself at times, also...TMI can be a deal breaker! BTW - 16K was for 8 houses (2K each); so it's 10K right now, as only have a contract for 5 at the moment...looking for 3 more.

You look more rested, John! Good for you! LOL