Hi Dean, I never thought I cold be excited, happy, thankful, worried and frustrated all at the same time. We closed our first deal in August and will be closing our second deal next week. I passed by a house that was in foreclosure, so I called the RE Company. Before looking at the house I said a prayer that, if it was meant to be, God would give me a sign. My husband checked Zillow.com before we looked at the house and the price dropped $10,000. I took that as a sign and we went for it, but before we could put in an offer, the price dropped another $10,000, so we made an offer. The bank accepted. The house had been on the market since January, and the bank was anxious to get rid of it because it was scheduled to go to auction the day after we closed. We have been busy getting permits and will start renovations next week. After fixing it up, we will be able to make about $25,000 selling it below retail. Our second deal came to us through an unfortunate circumstance. My husband and his brother inherited his mom's house upon her death, and we are buying out his brother. The house was paid for, and we are going to have a renter in there in Oct. and have a positive yearly cash flow of $5,400. Thank you so much for your constant uplifting and inspiration and "shot in the arm" words of wisdom.
Off the fence
Hi Dean, I never thought I cold be excited, happy, thankful, worried and frustrated all at the same time. We closed our first deal in August and will be closing our second deal next week. I passed by a house that was in foreclosure, so I called the RE Company. Before looking at the house I said a prayer that, if it was meant to be, God would give me a sign. My husband checked Zillow.com before we looked at the house and the price dropped $10,000. I took that as a sign and we went for it, but before we could put in an offer, the price dropped another $10,000, so we made an offer. The bank accepted. The house had been on the market since January, and the bank was anxious to get rid of it because it was scheduled to go to auction the day after we closed. We have been busy getting permits and will start renovations next week. After fixing it up, we will be able to make about $25,000 selling it below retail. Our second deal came to us through an unfortunate circumstance. My husband and his brother inherited his mom's house upon her death, and we are buying out his brother. The house was paid for, and we are going to have a renter in there in Oct. and have a positive yearly cash flow of $5,400. Thank you so much for your constant uplifting and inspiration and "shot in the arm" words of wisdom.