FAQ: Answers To The Most Asked Questions - Start Here

I need HELP from ANYONE who moderates this site. For some reason, I can no longer see the listings of replies and new postings and messages, etc... Can someone help me find the info on my site??? thanks!

Are these the only two forms/docs I need to perform a reassign?

Agreement To Purchase
Assignment of Contract

If there may be any other tips to do a reassign please feel free to list them.
Just remember I am a newby at this.

THIS IS ALL GOOD INFO.

I THANK U AND 2 ALL HER.

Hi All,

I am 23 years old and I've always wanted to be a real estate investor, however until reading Dean's book, I thought I would need around $100,000 in the bank before I began. Now that I realize I can get started sooner, I want to begin investing. I have excellent credit but not much money in the bank. I live in San Francisco, which you can imagine is a expensive place to buy real estate, so I am looking at a few foreclosures across the Bay in Emeryville. So far, I have found a few for around $150,000. Is this too much for my first time? Would I even be able to get a loan for this? (I am about half way through the book so maybe I just haven't read far enough to answer these questions)

I live in Orlando, FL and would like to find out if there is a way to determine how many days on the market a home took to sell without having to consult with a real estate agent. Any help would be greatly appreciated.

Anyways to answer your question seanwes82, yes those are both of the contracts needed to do a reassign. Also you might need to attach a 'Property Disclosure Notice' addendum to the 'Agreement To Purchase' contract, which describes the property's current condition. Not really sure if that's required or not but it's just a hunch. Anyways hope that helps.

Hey all..
Just wanted to say a thank you to everyone who has taken time to answer questions in the forums. (thanks, wrecklessKane for that answer above.) I think just about any question that could be asked has been asked in the forums somewhere or another. I know it takes awhile to look them up (Search function) and it is really helpful to be PART of the conversation, so it's great to have everyone participating in the forums. It's SO awesome all the newbies joining the DG family. NEVER feel like you are unimportant or being ignored! Lets all help each other. It's like a shot of adrenaline for everyone to see so many taking action and hearing of all the successes. Just know that the more you read and apply the knowledge to action, the closer you are to success!! Yahooo!!!

The forums are full of GOLD. Store up every nugget you find.

God bless,
Rina

Please see this first post in this thread by dgadmin. It might answer a lot of questions, has some great links:
Here's a great one on assignments, too: http://www.deangraziosi.com/node/11943

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FAQ: Answers To The Most Asked Questions - Start Here
This post will contain a constantly evolving list of frequently asked questions and topics for help or information. If you have a question, check here to see if has already been answered, or if there is an existing topic that you can build upon.

This is just a quick skim to get it started, so there is room for a lot more topics and posts to be noted here. If you notice a question or topic that would be helpful to be included, or link that should be added to an existing topic, please post the question/topic and links.

**** NOTE: If you have a question, do not post it in this topic. It will be deleted. Post a new topic for any additional questions. Replies in this forum are limited ONLY to suggesting new links to add or questions (based on repeated requests in the forums) to this list. Thanks!

**** NOTE: If you have a question or problem using a product or service, need login information, have billing questions or any other question regarding a purchase... DO NOT post your issues here or in the forums. You must contact the support team here, these issues are not handled in the forum:
Support Team: http://www.deangraziosi.com/support

Getting Started:
http://www.deangraziosi.com/node/61
http://www.deangraziosi.com/node/1509
http://www.deangraziosi.com/node/2455

Reassignment:
http://www.deangraziosi.com/node/2022
http://www.deangraziosi.com/node/42
http://www.deangraziosi.com/node/1393

LLC/Company:
http://www.deangraziosi.com/node/927
http://www.deangraziosi.com/node/2126

Short Sales:
http://www.deangraziosi.com/node/655

Hi All,

Does anyone know how easy/difficult to refinance a property that is fully paid for in this current market?

Hi All,

Does anyone know how easy/difficult to refinance a property that is fully paid for in this current market?

Hi All,

Does anyone know how easy/difficult to refinance a property that is fully paid for in this current market?

Can anyone provide with a brief synopsis of the Dean's lastes book. I have no money, in debt, and currently work 60 plus hours. How can a purchase a preforeclosure with no money and noe credit, then find financing in this down economy with this new program. Is is almost like too good to be true.

i need some help in finding a hard money lender who will invest in real estate in the state of georgia.

Hi everyone, my name is Drake and I am absolutely new to Real Eastate investing. I have just finished reading "Be A Real Estate Millionaire" and "Profit From Real Estate Now". I also have purchased the Automated Foreclosure Finder. I am really excited about getting started but the problem is I'm only 17 years old and I'm a junior in high school. With me being so young I have no idea how to get started considering I dont have credit, an income, and I'm not old enough to buy anything in my name. I do have $13,000 saved though to invest if needed. Please help me! I need to find a way to get started with my current situation.

Barney,
Try the library. They always got the stuff you need. If the branch you try doesn't have it, they'll tell you which one does have it, they'll call that branch, and have 'em hold it for you. Try a used book store, or Craigslist. I'm sure someone on Craigslist will have a copy they could spare. Post an ad. The ad lasts for 30 days. Good luck.

Drake,
You keep doin' what your doin'. Get to know the material like you know your name. In a short time, when your 18, it WILL be your name. Use this limbo time to perfect you skills, get set up so when your my age, (old) you can help a young man along the same road that you are on right now. God bless ya, son. You got the BEST attitude for someone starting out that I've seen in many a year.

Wow - I just found out that Dean lives in Phoenix, where I live too. Part of me is happy because of the thought of personal training (is that available?), but part of me is worried that Dean's finding all the best deals out here! How do I know I can even have a chance with someone like Dean on top of the Phoenix market the way he is?

hello, will someone tell which form i should use to make an offer? is it the agreement to purchase. thanks

in a foreclosure the owner has to miss at least three payment periods for the foreclosure process to start taking place. the lien holder tries to redeem the money that is owed on the property. that is the main reason of the process.
tax sales are when a person hasn't paid taxes on the property and the property has been taken away from the owner and it is being sold for the taxes owed on the property.
so my question is if a person hasn't paid taxes and his mortgage either, does he get both the foreclosure process and the tax lien?
if you as an investor were to buy a house where the owner didnt pay for either what would you have to pay to get the property? would you just pay the taxes owed on the property or would you have to pay what is owed on the mortgage also???

thanks in advance

Hello Everyone,

My name is Josh, and I just signed up to be a part of the Success Team, and wanted to introduce myself. I am very new to real estate investing, and really hope that becoming a part of the Success Team helps me become successful in this business. I must admit, I am extremely excited and nervous about beginning this new adventure in my life. I admit, I have purchased other home study courses before, but I just felt I needed a mentor to guide me to success. I would appreciate any advice and support that anyone is willing to offer to me. Anyone that is a Success Team member, I would love to hear your thoughts about your experience.

Kindest Regards,

Josh

I did the free website and finished the book and want to do the Academy but I cant do it right now for I have no money, I'm laid off. I looked up, ready to get a phone service set up but I am afraid I'm going to pay on something thats not taken off yet. I know I need to make a flyer and get my name out there but instead of phone, can they use my email for right now until I get things going finacially?
I also know I have to get out there and just do it, but I am looking and looking for the first deal to get my feet wet and I'm being cautious. If I tell someone I can find a buyer for thier house and lock up a contract to say sell in 30 days whatever the deal is, will I owe any money to anyone if I don't?
I know I have to do this success academy but I don't have 600 dollars to start and I want to make my deal to get it. I need to start this but there is always a question of money. I have an ad that i saw where they wanted to finance the buyer for thier house but they owe the bank 2790 until Dec and the buyer after that would continue to pay 2270 but they wanted a down payment as good faith the buyer would continue the morgage payments.
How would a deal like this happen? Its does not sound like a win-win situation to me cause the house does not look like its worth 2270 anyway even tho its a nice house. PLease Help!!!

John

Can anyone please give me any assistance with how to create a buyers list.

I have purchased the automated phone service and trying to find a script to use to get started. I know that there is some what of a script in his book . I would like to know if there is any other that I my chose from like the ones on foreclosure. I like the info, one finding your buyer first. Yes I am ready to record and put out flyers. Plus I have one house that I will contract a deed on so I need to find a script to send buyers to my automated service.

Can anyone (with experience/knowledge) explain about/how to setting up a self directed i.r.a. that can hold real estate/mortgages and/or how to do it.

Specifically, can I take my i.r.a. cash out (via rollover into a self-directed i.r.a. (as described above)) and pay off my existing 7% mortgage and issue myself (or my adult son) (a mortgage at interest say @ 4% (any limit on how low the rate can be (I know that it has to be "at" interest before sending up red flags with the i.r.s.).

Can one sell oneself the home held in the i.r.a. for more than the amount presently owed on the existing mortgage (say less than (or equal to) a/the current appraised value) in such a way as to not create a taxable/penalty initiating event? (i.e.:loan proceeds vs. "profit")

I would appreciate any help I can receive in this regard.

I have heard previously, from a couple of sources, that real estate "can" be held in an i.r.a. as described above but every time I ask anyone "who does" this type of i.r.a.'s they act as if I am speaking Martian to them or something. I have been told that "only like six companies in the U.S. do them" and you have to have "appraisals done on all properties at least yearly" etc.

Thanks In Advance For Your Cooperation In this Regard

John Sims

I am interested in investing in the Orlando, FL area and am trying to find out if there is a web site or other resource I can access without having the assistance of a real estate agent in determining dom of sold comparables. Any help would be greatly appreciated.

i wanna know how to see the new houses for foreclosures can anyone help me please my email is dolcinel@****

I've did some review, and did some looking in the index and found what i needed , but one of the down loads i could not open for some reason or another. There is a lot of information in his books, to much to retain in just one reading or more.

The financial laws are different in Canada than in the U.S. Is anyone
out there buying with no money down in Canada. If so, would love to hear
from you. [email protected].

Yes or no?? Is it worth the price?