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November 25, 2019 @ 3:00 am

Ep 081 Pt. 2 Marketing- The Broad Overview And The Little Details

On this episode Jeff and I talk all about marketing… The question Jeff and I get most often is “how do you find properties in this market”. I give exactly what I am doing right now for marketing, we talk about what Jeff is doing and give some killer resources to study direct marketing. We go into the small details of using direct mail, frequency, cold calling and much more. Jeff gives a long list of properties/distressed situations you can target. We also talk about the lowest hanging fruit for beginners which is calling Craig’s List Ads, For Sale By Owner, and For Rent listings. Once you understand how to use Creative Financing you can make deals out of all the various lead generation strategies. Enjoy!

And to get special access to a step by step video on how to structure offers, text CFP to our hotline at 877-409-8090 or click HERE.

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November 18, 2019 @ 3:00 am

Ep 080 Pt. 1 Marketing- The Broad Overview And The Little Details

On this episode Jeff and I talk all about marketing… The question Jeff and I get most often is “how do you find properties in this market”. I give exactly what I am doing right now for marketing, we talk about what Jeff is doing and give some killer resources to study direct marketing. We go into the small details of using direct mail, frequency, cold calling and much more. Jeff gives a long list of properties/distressed situations you can target. We also talk about the lowest hanging fruit for beginners which is calling Craig’s List Ads, For Sale By Owner, and For Rent listings. Once you understand how to use Creative Financing you can make deals out of all the various lead generation strategies. Enjoy!

And to get special access to a step by step video on how to structure offers, text CFP to our hotline at 877-409-8090 or click HERE.

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November 11, 2019 @ 3:00 am

Ep 080 All About Subject To’s

On this episode we dive deep into using Subject To’s; how and when to use the strategy. Buying a property Subject To the existing debt is pretty straight forward but so many Wholesalers do it the wrong way. We break down exactly what it is and how to use it and when you should not use the strategy. We hope you enjoy!

There are 2 scenarios in which you should use Subject To’s

  1. When a Seller is behind on mortgage payments.
  2. When a Seller has little to no equity.

And when you should not use Subject To’s

  1. When wholesaling a property. Because, both you the Wholesaler, and the Seller has NO recourse to taking the property back in the event that the Buyer defaults on payments. 
  2. When you will be holding the property long term, 3 years or more.

The best ways to use Subject To’s

  1. When you are Flipping the property and plan to sell it in the 6-18 months.
  2. When you are planning to hold the property as a short term rental in which you will be refinancing, or selling the property in the next 1-3 years.

And to get special access to a step by step video on how to structure offers, text CFP to our hotline at 877-409-8090 or click here.

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November 4, 2019 @ 3:00 am

Ep 079 How To Find Buyers- The 8 Sources

This episode is all about how to find Buyers for your creative financing deals, and we go in depth on finding and screening Owner Occupant Buyers specifically. If you find a house that is in fairly good condition and your cash price would be too low for the Seller but they are open to terms, then consider wholesaling the home to an Owner Occupant… someone who has a down payment, and makes enough income but has credit challenges due to a past medical problem, divorce, job layoff etc.  

We give some incredible resources for screening Owner Occupants such as Rentler.com, Zillow.com and MySmartMove.com, and what criteria we look for including chronic credit issues, criminal history, income verification, and proof of funds. Additionally you should be working with a mortgage broker and have them do preliminary underwriting on your prospective Buyer to see if they can qualify for a mortgage in the next 1-3 years.

Jeff also gives the 8 sources he uses to find Buyers:

1)Realtors

2)Craigslist.com

3)Facebook Groups and Marketplace

4)Other people’s Buyers List 

5)MeetUp’s

6)Bandit Signs

7)Mortgage Brokers

8)Title Companies

And to get special access to a step by step video on how to structure offers, text CFP to our hotline at 877-409-8090 or click here.

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