Wholesaling Real Estate Blog
1/28/2008
Steve just opened up the registration for the Wealth Explosion Event that he will be teaching on March 19th and 20th in Baltimore. He gave his coaching students first crack, so there are only 9 spots remaining… If you were planning on attending, I’d get over there now and sign up!
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On January 28, 2009 at 10:53am, Anonymous said...
Steph,
Are all of your buyers cash buyers?
On January 28, 2009 at 11:50am, Stephani said...
Yes.
On January 28, 2009 at 11:56am, Anonymous said...
What are your options if they want to do a conv.style loan?
On January 28, 2009 at 12:59pm, Kyle-OH said...
I have not done my first deal yet and I am on the verge of it… I have been putting multiple offers in… BUT i can’t lie that I have a doubt in the back of my head that I will have a hard time finding cash buyers either in my area or out of state…
On January 28, 2009 at 3:21pm, Stephani said...
Anonymous- conventional financing will not work in most cases because many lenders have title seasining requirements. Many small local banks, however, will not have seasoning requirements so you might want to look into that..
Kyle- just make sure you are getting your deals at the right price, and you will not have a hard time finding a buyer. Make sure you do your homework and know what a good deal looks like before you put something under contract.
It is scary in the beginning, but, like anything else, gets easier the more you do it. Just keep making progress every day, and you will get there eventually.
On January 29, 2009 at 6:34am, ncataggie said...
Man, I can’t wait till I graduate… I may actually be able to attend on of these event :-/
On January 29, 2009 at 8:14am, Stephani said...
I think he may be doing another event later in the year, so maybe you can go to that one..
On January 29, 2009 at 7:17pm, Anonymous said...
Steph,
Are you using your titleco when closing? or do you have to use the banks co?
On January 29, 2009 at 9:41pm, Stephani said...
Anonymous,
The bank will dictate what title company does the title work, but I can choose where the closing takes place… Once the bank’s title company has everything ready, I just have them send everything to my title company and they handle the closing.
Steph