OfflineOMG ! ! ! ! ! ! !
I can't believe it... Everyone pick out a spot and I will tell you a tale a tale that was told to me. By a doubting Thomas ( and no its not me ) You buy into those guru freaks stuff you just buy books WELL I'll tell you what!
Last weekend We drove around our little Township known as Kearns and we were looking at homes that We thought were in our price range of 149000.00
We ran across this home 4 bdr 2.5 Bath 3026 Sq Feet. I thought now that's way out of our range ITS A SHORT SALE !!!We called the agent ( along with my buyers agent ) and submitted the offer right there and the listed price was all the bank wanted It will appraise for at least 311000.00 topping out at 345000.00
I have a lender and a title company ready to go !
Now for that doubting Thomas... NEENER !!! Heck ya Thats at least a 100k in equity right there... And you said Dean Graziosi.. Was a fraud.. Ya right !!!!
If you read his books and come to this website and read What every one has done and try it yourself. You will see Dean Knows his stuff ....
( wonders if he is dreaming )
We Did this with No money down And Bad credit !!!
When Life comes down to push and shove.. Its time for a 1 Ton truck.
- The Belt Group -
So what did you purchase the home for? $149,000? I am interested in your lender/title company and more details on the process. I also have bad credit and no money down. Am looking to close my first deal as well as buy a home myself (single mom of 3) Im sure the first deal is definitely the hardest and most scary! Any details, info, suggestions would be greatly appreciated!
Thanks!
Job well done !!
NO Dean is NOT a fraud !!
Randy S.
Elkton, MD
Great job cbelt! please tell us more! Would love to hear more when you have time.
Rich
Keep up the motivation and it will get you far!! Continued success
God Bles,
Gorgeous
As Greg says, close the deal and then we could hear the details. God Bless.
Sandra
"You can never get to the top, if you are not willing to climb. Do not look at the difficulty of the climb, only anticipate the view from the top."
"Can't even walk without you holding my hand." (Song)
"Is anything too hard for the Lord ..." Genesis 19:14
"In all things, wait on the Lord."
"Think not of your own deliverance, but trust in God who will give in abundance."
"When you are down to nothing, God is up to something." Unknown
"Our lives begin to end, the day we become silent about those things that really matters." Dr. Martin Luther King Jr.
congrats on your first deal!! hopefully the rest will come easier for you!
Don't let something temporary, keep you out of the game permanent.
Spencer's Investing, LLC
The 1st is the hardest...now it's smooth sailing. Congrats !
Hopefully I will be writing soon too. I have found what I think are a couple of really good prospects. Start coaching next week and am suppose to wait for more advice. Thought I had a real estate agent, but no real motivation. Am going to prospect for options.
Mystical Marti
Persistence wins over Resistance, Every Time!
You did good man keep up the good work ;D
Way to start off with a home run! Great job!
Kurt A. Conway, MSHA, President
The Conway Financial Group, LLC
Real Estate Investor
kurt@tcfghomes.com
Hi Cbelt ~
I, too, am very interested in your strategy and process (re: lender) with no money down and bad credit. Please reveal your particular method.
And remember to tell us what the list price was that the bank accepted.
Thanks for sharing!
I read your post and did they accept the offer and did you close that quickly???
Sorry my coffee hasn't set in yet if i'm missing something
Golly, cbelt, I know you are excited but you've got us on the edge of our seats and chewin' fingernails tryin to figure out how in the heck you did a short sale with no money down AND bad credit. Puh-leeeeeeese share the details of this one. I'm sure we all are dying to know. But great job. For the first one out the gate you have hit a home run... You give me hope!!!
Ogal
"Only those who can see the invisible can accomplish the impossible"
Patrick Snow
"Instead of using your words to describe your situation, use your words to change your situation" Joel Osteen
Great job, and there will ALWAYS be naysayers!!!
Yes, PLEASE provide us with more information on your lender.
I know many people here in California that could benefit from a lender who's giving loans w/bad credit and no money.
Heck, I'll pay you a finders fee for every loan that your lender funds; how's that sound for making additional money?
It's teamwork!!! Everybody wins!
Please give us more detail on the deal PLEASE
Just do it,don't be afraid to fail,failure is just a stepping Stone to success
When are you closing the deal. Keep us informed.
Steve and Veronica
Steve and Veronica
Steve and Veronica's Journal.
http://www.deangraziosi.com/real-estate-forums/investing-journals/58073/...
http://www.deangraziosi.com/real-estate-forums/totally-fulfilled/72344/d...
Great job! Congratulations and continued success in your business. You clearly have the right stuff and I look forward to following your progress along the path to being "Set for Life".
God Bless You,
Terry and Susan Smith
Best of luck and God's Blessings to all who travel here.
Terry Smith
Good job. I wish u the best. Just remember to injoy the process.
Congrats on your first deal...we all want to know how you did it with no money down and bad credit.That is so cool!! Now it's smooth sailing.You must be so excited..Great Success in REI Cecelia
Been trying for months to get the courage to do a deal. This week I spoke with a lady, who is left with 31 acres and a 4700 sq ft home. Kids are gone, husband left. Has it with a realtor and wants a short sale. They paid $542k in 2004 and she has it listed for $490k. But tax assessment is for $322k.
She would take less but is terrified of all these investors bothering her. But agreed to speak with me. I do not have a buyers list and promised her I would not give her name or number to anyone without telling her first.
So your story got me excited, with no income at all and credit not too good, how did you go about this?
Anxious to know.
Really feel your excitement!!
Sandi
She would take less but is terrified of all these investors bothering her. But agreed to speak with me. I do not have a buyers list and promised her I would not give her name or number to anyone without telling her first.
So your story got me excited, with no income at all and credit not too good, how did you go about this?
Anxious to know.
Really feel your excitement!!
Sandi
This is a perfect scenario to start out with because with this you already know the process on which to proceed, you just don't know how to proceed.
Her best bet is a short sale because that is the only way its going to get sold. Ask her does she understand what that entails and be prepared to tell her. If you don't know, find out before you say it; you coming off as unprepared will scare the crap out of her and its done deal.
Explain to her your intentions, and its always best to have a Plan B, C and D in the case your first(assignment)doesn't grab her or she feels comfortable with.
Where is the property located???
This home is in Southern Wisconsin, about an hour Madison.
The home is listed with a realtor and the bank did suggest a short sale. I have not met her just talked on the phone.
I did ask an investor that does short sales. He told me things to ask her.
And he will talk with her only if she would want that. I answered what I could.
This home is beautiful!
I haven't done any deals yet, still scared to try. But my heart went out to her and we started to confide in each other. Because of that, she will trust whoever I find that might me able to help her or give her some answers on options.
Sorry I am not at all savvy at computers, and not sure if I answered you. Have no idea how to post these comments!?
I did try to reply to you but it showed up somewhere else....oh well, hope you find it..was scared for a months to comment on anything, now that I have, not even sure if I did this right!!
I give up, was trying to get back on your post to answer you, don't know how to do that.
Did you close the deal. how did it go for you.
Steve and Veronica
Steve and Veronica's Journal.
http://www.deangraziosi.com/real-estate-forums/investing-journals/58073/...
http://www.deangraziosi.com/real-estate-forums/totally-fulfilled/72344/d...
Hey what's going on Cbelt? We are all wondering if everything went well? Did you close on the deal..cause no one got any respond back from you. Hope all is well.We are all curious about how you did that short sale with no money out of pocket plus bad credit!! Please share your details with us all.Great Success In All You Do!! Cecelia
perhaps you could give us the details of how you found the financing with bad credit. Did you use a hard money lender?
That is great news! I am excited to use Dean's methods and do my first deal before the end of the year - only 3 months to go! I have a good Realtor (I hope!),title company and LLC ready to move forward - I just need to pull the trigger when the right deal comes along.
good way to go keep up with it
Is there anyone in Hillsborough Co. or Pinellas co going to the REI meeting in Tampa Florida.Thank you
Glenn