My Deals

I’m looking at buying a property that is an REO that has gone through the entire foreclosure process and now it’s on the market with a Realtor showing it. I’ve looked at it three times so far.

It is a gorgeous 6 bedroom, 3.5 baths home that has 3266 above ground sq. ft. on a cul-de-sac on .75 acre lot that’s a bit of a fixer upper. The backyard landscaping with all of its trees, flowers and bushes looks like the Garden of Eden. Unlike where I live now this house is in a real high class neighborhood with little or no chance of it going downhill anytime soon. It’s also the biggest house in the neighborhood.

Does Anyone have any Real Bulk Deals In ILLinois. I have 2 Cash Buyers looking for 10 or more. Please send me a private pm.

CRANKING IT! !!!!!! just had to share my next 4 deals with the dg fam.
Purchase offer being signed by seller this week...all the property info from seller to my attorney and sellers attorney contacted mine to get this ROLLIN!!

a while back I had a local investor contact me about some properties I looked at and made anboffer on......4 of them as a package deal to be a fact.HE wanted to sell but not for my offer.....well as I learned from on of deans conference calls....to NEVER leave a call without offering the seller a BACKUP plan that involves YOU ....if and when they DECIDE to sell in a MOTIVATing circumstance.well this DID HAPPEN and he called me back to state he had some health issues and will sell to me for my offer price!!.

Hi DG family. I wanted to share my latest deal that's in progress; should be closed by the first week in August. I was not allowed to assign this deal, so it makes for a lot of paperwork as I'm simply doing a quick flip on it, but I have to cover my ASSets.

(Yeah, me, you know, I love to take on new adventures and try different things out. )

I'm buying this property in IN for $26,000 (26,775 out the door after closing fees and such). The property needs about $10-15K in work. I'm immediately selling it to the end buyer, but with a twist.

My self directed IRA is purchasing the property. I'm in the process of having the appraisal completed, but the ARV is approximately $85K.

Closed on my 1st deal and got 5 more in the works,Dean i just want to say thx for everything you have shared with me and I plan on attending the academy and the edge event nex year see yall at the TOP!!! FULL SPEED AHEAD,and you know i cann't forget the DGFamily thx u guy's

I purchased 1500 names of note holders, I mailed out contact letters and got about 10 responses. I gathered the info on each note and found some note investors online. The ivestors told me what they will pay for each note. One note was a commercial property a transmission repair shop. The note was for 312K and I talked the owner into selling it for 209K The investor was going to pay 229K which means I was going to make $20,000 It took several months and finally the appraisal came in too low cuz of this screwed up economy. Anyway the investor ended up making a partial purchase and I made just $6,000 I had spent about $900 for the names and stamps and envelopes and paper and ink and about 2 1/2 weeks to mail them all out. So it was a success.

Has anybody heard of Assignment of Mortgage?

I am looking for an equity partner with $95K + for a deal that is smoking hot! I've attached my analysis sheet for you to review. This is a deal I don't want to pass on, would rather 50/50 up.

Cash equity partner: $95K for down and repairs (more contribution will have less costs and more profit)
I'll be on a HML (2 pts, $155K approx 10%) for the remainder of the acquisition, holding costs.

50/50 profit share because I can't do the deal right now without you!

This property is local to me, so I will be overseeing the project from start to finish and be able to keep an eye on everything and be there in case of any bumps in the road.

The juicy details are in the attachments. But, here's the overview:

PP: $210-217K (still going back and forth on it)

This guy called from my bandit signs and says he has a house that he wants to GIVE AWAY just because he needs it moved in order to put a mobile home on the property. Its a 2/1, here in Louisiana, he said he's giving it away because it needs some repairs (floors, busted windows, etc...I will get more info on repairs when we meet).

As everyone knows I am working on trying to get my first deal and seems like this could be it (don't wanna get my hope up) but I need help with this. We are scheduled to meet for me to take a look at the home tomorrow morning. I'm real anxious and unsure where to go from here....HELP!! lol

I will attach pics after we meet!

Unless YOU HAVE THE VISION to imagine it!!!! By john lennon......
Just a thought and a daily quote........
what VISION ...do you have TODAY ...related to real estate???? And what YOU WANT to accomplish. !!!.
I KNOW TODAY I want to call and touch base with 4. Sellers!!! .....HOW ABOUT YOU? ?
JAY