FAQ: Answers To The Most Asked Questions - Start Here

Anita, What Should I Say To The Home Owner or Realtor That's Representing Them When I Go Talk To Them About Putting There Property Under Contract With Me.I Found A Great House That's Selling For Like $50,000 Below Zillow's Zestimate But Im Soo Scared To Sound Like an Idiot Not Knowing What Im Talking About That I've Sat With This Book Reading It Over and Over Again For About A Month,Still Thinking Im Not Ready.. I Want To Sound Professional and Believable... Thanks

I know this has been posted but I can't find the post. Any tips on finding a financial institution that doesn't require seasoning ? I had to pullout a bunch of money from mutual funds to do a cash purchase on a REO and now I'd like to do a cash out refi as soon as possible. How hard is it to find a bank that doesn't require seasoning ?

I haven't used any of deans tips for getting into real estate with no money but all his tips in the new book seem like they'd work in theory. Locking up deals and assigning them to other investors seems like a good place to start and looking into finding motivated sellers and doing a land contract deal so you can take control of the prop is another idea. In the meantime save every penny you can scrape together and look into FHA loans that only require 3 to 5 percent down on a prop. And do your due diligence on every prop you buy or deal you jump into and in this market make sur your buyin at good discounts. Good luck

DO I NEED A BROKERS LICENSE IF I HAVE MORE THAN ONE RENTAL PROPERTY FOR TAX PURPOSES

Hi Everyone:

I have just finished both of the books. I have tried to find ads for investors
that will work with me(I learn better doing and not so much reading) I am in Washigton State and would love advice or help in any way.

Nancy

I realy mean wow, so much information. How do you guys remember all of it? We just finished reading the books. now we have to get going in the right direction to achieve our goals, Im sure I will be asking a lot of questions should I go the forums instead? Thank you

Thanks for this opportunity to give me the chance of becoming a real estate investor and taking my beliefs to a whole different level

Welcome aboard this life changing event. Your right it's alot of info. Great info. Taking part of the forum and asking questions gives you confidence. I am new at this also. But how much I have gained from less than 30 days ago! Much success to you..............Lubertha

Isn't this a great opportuiny? Congrats on joining! Much success to you......Lubertha

Congratulation's on joining a once in a life time opportuniy! I'm still reading the book again and again. Everytime I seem to read something it seems as though I find some new way of doing things that I missed the first time rading it. I'm so excited about this new journey to success. Continued success to you.........Lubertha

anyone in oregon, that i can meet up with to just tag along with so i can have an idea of how to move foward.

I am just starting out with the books and the ITS training so bare with me please as this is all new to me, thanks.

I have a LTD registered company in the UK which was basically setup for self employment 10 years ago. I still file taxes etc. and I actually transfered ownership of my ex-marital home into the company to protect it from ever being sold from under me. The question is would I be able to use the company here in the USA?

Everyone I have asked so far can not give me an answer so if anyone has any comment or advice please let me know, thanks again!

From what I understand is that it is set up on a state level. So each state has their own terms. I would imagine that you would have to start new because of this. There isn't any set up for country to country. You could call Legal zoom at 888-381-8758. They would also be able to help you with any questions pertaining to LLC's and other corporation issues. Much success..........Lubertha

Thanks for your help! I'll try calling Legal zoom also.

In the book Profit From Real Estate Right Now! it states two contract techniques. I understand assignment but not instant equity exchange (IEE). Is it like a double escrow? It seems more complicated. When is it better to use then assignment?

Where is the best place to research online for foreclosures / REOs?

I am just starting. I have made an offer on a house with a FMV of $339900. The place is UGLY for approximately $60000 it should be at the FMV. I have offered $204000, my agent thinks I am nuts. When accepted I wish to sell the contract for $10000, to another investor. (He/she thinks I am nuts)am I on the correct track or am I nuts?

if i work with real estate agents or mortgage brokers how do they get paid. if im doing assignments or iee deals. im a little confused on how they get paid when i work with them. can anyone please give me an example. id really appriciate it. thank you all

Dear Dean,
I have read both of your latest books and am overwhemingly impressed with one thing in particular, and perplexed in another area.
Your conveyance of sincerity , kindness and integrity in the instructions within you book and TV infomercials, portrays to me that you muct be a devoted man of faith and passion. That attracts my interest to write you.
The area I am perplexed in, is due to my own inefficiencies of, either, confidence or followthrough...I cannot for the life of me make it all happen as efficiently as your books encourage. I am not afraid of hard work , or long hours.
My heart is right, my passion to excel is way above average, i have knowledge of my markets and I am coachable. In Short, I need your help.
I may be a canidate to buy into your coaching classes.
Is it at all possible you would call me and offer me a short conversation to help me. I will be a true testimony of success if I can get some direction.

I realize you get a million emails like mine, and I understand if I never hear from you. If I never make it in real estate, or hear from you, you are a blessing to listen to and read about, and I encourage you to continue to bless people with your stories and encouragement..

God Bless----
Greg Crance
251-209-4633

Hello I am new to Real Estate Investing as an Investor. I have prior experience (about 3 years). I have read Deans book 3 times and I think I have what it takes, but with some help. I need to have resources of all types of business in contact to move on a deal quickly. I am looking to build a team or join a firm where we can go into business together. I am looking to assign deals or sell the equity on a particular property first hand. I will do this in order to get some cash in my pocket, then move on to bigger Investments (Rehabs, Flippers...etc). I would love to here from members with the same vision I have, please feel free to contact me anytime. Thank you.

hows everyone doing, hopefully good. i had a quick question. i just got my 1- 800 number and i want to leave the recorded message but should i leave that message script example dean has for us inn this book, i was thinking that it might be to long or is it perfect. if someone can give me their examples or advice. please help

thank you and have a nice day

Hello all,
I hope this is the right place for this question....
I just got started in Dean's Success Academy After having enrolled in a salesperson's class. Since the money was non-refundable, I completed the class. So, my question is this: Is there any advantage or disadvantage to being a licensed RE Salesperson as far as utilizing Dean's system? Thanks in advance.

First time out:)
When you buy an investment house and put it up for rent then the renter decides to lease it to purchase, should I or anyone include the claus "payments made go toward purchase price" ?

Help I am so confused

Does anyone an easer way to get real estate office fax numbers.Is there a web site devoted this.

I found my first house that I am about to put under contract, yet the home owner has let his fire and earthquake protection laps. He wants to know if he should renew his coverage while I am looking for a buyer. The home is in califonia. Is there a law or other requierment that states he must have insurance durring the sale prossess? I would appriciate any addvise as this will be my first deal. Thank you.

l found a house that is for sale by owner but a real estate company is selling it for him also. can i still put it under contract if i talk to the owner or do i talk to the realtor.

thank you

You got me confused here if you found a property FSBO and why is it listed with a real estate agency? If it is listed with a realtor I would think you would have to talk to them first.

Paul

Go homegain.com you find ay real estate agent in your area. just enter in city and state and you can send them an email through the website... it want give you their direct email but you send them one through their comment box thing. I think it might have their numbers also. This is how I found my agent...

Go homegain.com you find ay real estate agent in your area. just enter in city and state and you can send them an email through the website... it want give you their direct email but you send them one through their comment box thing. I think it might have their numbers also. This is how I found my agent...

Go homegain.com you find ay real estate agent in your area. just enter in city and state and you can send them an email through the website... it want give you their direct email but you send them one through their comment box thing. I think it might have their numbers also. This is how I found my agent...