Question about page 114 and 125

Question about page 114 and 125

Page 114:
In the fax/email sheet for finding an agent, Matt says "Because of the money backing me, I have set the goal to buy 100 properties within the next 12-18 months"

What backing money is he refering to?

on page 125:
In the summary to sellers, it says "...I've got buyers with decent credit that could not get funded through traditional channes, but my connections can help get them a loan..."

What connections is he refering to?

Thanks!

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"Strong Body, Strong Mind"


Answer

On page 114, he is most likely referring to investors or cash buyers in his buyers list. As to your other question, I'm not too sure.

Hope I helped!
-Gabriel Do Carmo

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Gabriel Do Carmo
www.gdc.usapropertywholesale.com


Yes, thank you

Yes, thank you

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"Strong Body, Strong Mind"


REF QUESTIONS FROM PAGE 125

Dear Bobbymac n Debbie; you question from 125 summary is "I've got buyers with decent credit that could not get funded through traditional channels" I think this means they have the credit score or but maybe because they are either self employed,or their credit score is just not high enough. Some regulation of the bank makes so this customer cannot qualafy for. Each bank has their own set of qualifications they have to follow. So what he is saying on his team he has a mortgage broker that can shop around to see which bank this member could get approved from.

I also have done my 1st deal but have been reading through the books. Hope this helps. Good luck, SEE PAGE 214 ONCE YOUR BUYER IS PRE-QUALIFIED.

Bertha

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Thank you