I just got the phone with a agent and he said he works with other Investors so that sounds great. But at the end he asked If i can show proof of Funds If anyone ask. I didnt know what to say to that. If he finds out that Im doing all of this with no money down He might get mad,Should I have just told him that I will be working with no money down.
__________________
I meant to say is I just got OFF the phone with him.
He really sounds like he is willing to work with me, Just not sure how to explain the no money down to him
Just a proof of funds letter, that should take care of that. If not just look for another one who will work with you. Dont give up because of them, they are dream stealers, keep pushing forward building your power team.....
"Action and Mistakes" always-outweigh "Analysis Paralysis"
http://www.linkedin.com/pub/john-hoening/23/2a3/164
"Action+Knowledge=Success....$$$$$$$$$........Just do It"
www.WeFlipDesMoines.com http://facebook.com/desmoinesinvestmentproperties
www.iowarealestateflipper.com
Thank you...I remember reading that some where just dont remember how to get one of those letters
Try this link it should help...
http://www.deangraziosi.com/real-estate-forums/financing-and-credit/4752...
"Action and Mistakes" always-outweigh "Analysis Paralysis"
http://www.linkedin.com/pub/john-hoening/23/2a3/164
"Action+Knowledge=Success....$$$$$$$$$........Just do It"
www.WeFlipDesMoines.com http://facebook.com/desmoinesinvestmentproperties
www.iowarealestateflipper.com
Thank you Ive got it
might also ask you to show your corporate docs and a bank statement instead of those made up POF's
Be forewarned
The agent asked a legimate question. A seller will require POF. You need to have an answer to this question. If you are going to assign the contract to an end buyer, who will provide the funds, tell the agent that.
"NOW GO FIND A DEAL"
Watch your thoughts; They become words,
Watch your words; They become actions,
Watch your actions; They become habits,
Watch your habits; They become character,
Watch your character, it becomes your destiny.
Frank Outlaw
After talking to the agent this morning.. And ask him to email me some listing..I havent heard from him sense..How long do i wait before I call him to see if he is on board with me
but you dont have time to train an agent in REI. If sounds like he has no clue so just dump that guy. If you dont find an agent that deals with investors every day and can help you grow, you dont need him. There are many out there that knows a single active and motivated investor can add 8 to 10 times more profit to them than the typical buyer. A good REI agent is harder to find, but once found they are worth it! Best of luck to you my friend.
Steve
We seldom get what we want, but we will always get what we expect.
Hey Steve Thanks..I have talked to 5 other agents and they just dont want nothing to do with me.I guess I will be making alot more calles tomorrow.
I even had one hang up on me.I called back thinking I drop the call, nope they hung up on me when i called back,How Rude!!!
often leads to the mentality that overinflates ones true ability.
If you're not bringing anything to the table, understand why someone would not want to work with you. Put yourself in their shoes.
Just find that realtor who has flexibility and patience.
Im sorry for asking so me silly question but being new at this, im not sure how to answer.He just sent me a email. I did what Dean said and asked him to put a list a cash buyer together from the last 90 days...
His question to me was....
Are you asking me for the people that bought property from me for cash, their phone numbers??
Please help me with his question so I know how to answer him
His question to me was....
Are you asking me for the people that bought property from me for cash, their phone numbers??
Please help me with his question so I know how to answer him
Thats exactly what he's asking.
Truthfully, I wouldn't know how to answer that question. I would reply to you "if I have buyers, what do I need you for???"
If you can answer him that, and not scripted, but honestly, maybe,......just maybe, something might happen.
Good luck