anitarny

Hello, Anita. I saw some of your posts stating that your offer did successfully get accepted by a bank-owner and assigned your contract to other party. But banks always have asked me for proof of funds (POF), but I know it's impossible for me to provide mine because it's insufficent in my bank account. So did they ask you for POF? How did you work out successfully? Please give me the best advice! Thanks. Please contact me at [email protected] for quick response. Thanks again.

I have deal in the works of 25 SFR in Memphis TN. I have a signed contract from the seller for 55% LTV. (tax assessment valued @ $1.2M)All income producing properties 100% occupied with a 95% monthly rental payment income steady. I have a hard money lender approval letter for aquisition at 65% LTV. So not including securities and credits from properties I am looking at 10% cashout at closing minus closing cost and broker fees. I am looking for a $25,000 investor to help me go to close to pay for appraisels and lender fees. They will get a Rate of Return of 50% of their investment. That is a $12,500 profit in 30-40 days.

If you are interested please contact me:
Keith
609-332-3841
kingdomfinancialinvestments@****

PLEASE ONLY SERIOUS INVESTOR CALL!

God Bless,
Keith

I am also open to a serious assignment deal.

hello, Anita seems that you are quite busy. You sure seem to know alot. I am looking for a lease purchase with option to buy for myself. can I get in touch with you if I need your help? thank you

Sandra

hi anita,
just finished reading your profile, i must say it really impressed me !! me and my wife (rochelle) are newbie's (2 weeks ) we are located in southern calf. as well. what do you think about dean's success academy? i'm currently tring to read as much of dean's book (profit from real estate right now ! )as quick as possible kinda hard with work and raising a 8 year old son but i'm determined to do it ! anyway just wanted to holla at you ! this website is truly AWSOME !!!look foward to hearing from you
sam and rochelle

Hi Anita,
You seem like the go to person for a question and i have one. I have not done a deal yet, but i am very interested in doing deals with a contract for deed. The only thing is i want to be able to fully protect myself if i wasnt able to sell it on time, or find someone to put in the home to rent or whatever. What is the best clause or way to protect myself. How should i change the contract. Please email me back. Thanks for your time.

Matt

How are you?I'm just starting out with Real Estate alone with my wife..We want this more then anything.At this point and time we are ready to get the ball rolling.But I have a question I think many ask..When starting out in wholesales/assingment do you need a Title Company?Another thing is when closing a deal is it best to do two different closing with the seller and the new buyer...We have Dean's books we even went to his basic traning classes,but my wife and I would have loved to go to his advanced classes but we just can't afford it at this time....We would love for you to help us out it would be a God sent......

I've come across many of your posts and find you very informative and intelligent. I would like to know, being in the same state as you, what has your experience been with REO's excepting land trusts? I would like to do double closings and assignments with REO's and short sales and have been advised by Realtors that banks won't except Land Trusts or assignments. Any advice would be appreciated. Thanks. God bless.

Hi Anita,

I have read Deans books twice over recently and want to get started. Would you consider meeting for coffee or we would love to buy you lunch in Lancaster? We would love to talk with you. Please let us know at tmsrlamb@ that's yahoo dot com, or call our verizon cell 760-382-5177. Thank you so much. Tom & Sonja

Hi Anita, not sure earlier message got thru. I have read Dean's books twice recently and want to get started. Could my wife and I buy you a cup of coffee, or lunch, in Lancaster? Any thoughts would be greatly appreciated. Thank you in advance for your consideration. Please let us know at tmsrlamb@ yahoo do com, or call our verizon cell 760-382-5177. Thanks again, Tom & Sonja

Get a load of this one!!!8-]....wow! so i was on my mission last night til bout 7 this moring n slep =/ uhh maybe bout 2.5 hours from putting my wonderfully hand crafted bandits=)...i was thinking lol "the 3amigos"..trying to specifically place'em out in my valley..However..here's the juice my friends..my land lord uhh just happen to, this morning when going to the post office, he opens up his NOD letter w/ $4,067.32 behind on payments, loan amt 183k, comps in the area puts house at $86k...hmmmmm? what should i suggest???? we have a third party whos willing to put it back up for a lease w/ a purchase to buy(we all know what that is=)) house needs "major" rehab..."major!!!!" so...cld i get my first deal actually helping the "naysayer" that i luv n start my lifes journey in RE investing....what exactly shld i do?????? I've been watching your swag of doing things and its admirable..if you have the time i would luv to pick your brain..

Hello Anita
Im a cash investor from the west covina area looking to purchase all short sale property.Financing is not needed. Proof of funds in the amount of 1.5 million.If you are an open minded persons and forward
thinking,than lets see if we can do business.

Best Regards
Kymmith

Hi Anita,

My name is Mike. I appreciate your knowledge it's invaluable. The questions I have are about the paperwork process of a lease/option. getting ready to put my first one together and I want to have all my ducks in a row. Thanks in advance

1. Should the Lease Option and P&S be executed at the same time with both the original seller and tenant/buyer or wait to execute the P&S once the option is ready to be exercised?

2.After the Doc(s) are executed, like a Lease Option Agreement what do I do with it? Just hold onto it until the P&S in executed and it's time to go to closing with attorney or title company?

3. If i were to assign a lease/option would i have to wait for the end buyer to exercise their option and close before I can get my assignment fee?

That purchase agreement you posted, what did you do with that property? Did you use the IEE strategy? Can you use the IEE with banks on REOs?

first off congrats on your success and my question is do u have to be a llc to do an assignmnt deal

Hi,

I am new and reading your posts have been inspirational for me.

To make a long story short, circumstances have caused setbacks for me and my family.

I saw DG's infomercial and bought the book. I have business experience and an MBA, but that is not getting me the financial freedom I desire.

My first goal is to find a deal of home for my family and sell the home we have. Any advice!

After that hurdle I plan to devote time and energy to my real estate investing goals.

I am in the Kansas City, MO area and plan to build my business here.

Thanks for any advice you give.

Patricia

I would like to do the same thing as well is it as easy as it sounds? you would write a letter to contest everything on your credit report, what would you say in the letter? and how long after you sent out the letter where the items removed? and does can you contest items that are in collections? or only items it states that you were passed due on? and lastly with the letter is there anything else you had to send out as proof?

Thank you for your response,
Gorgeous Frazier

On one of the threads you had an actual contract, instead of the DG docs. I want to present one like yours with the and or assignee , phrase. Could you connect the dots after that is signed. New buyer comes along....and?

Thanks
John

Thanks for sharing your information and progress. I was touched. Though I have ordered for the material but I have not receive it. When I do I will like you to share more of your experience and mentor ship.

Thank
mariduth

Hi Anita,
Please I seen many properties listed below market price in my area. I recently bought Deans book but I have not receive it. Through the effort of exploring member site I come across your journal which really encourage me.
My question is to request from you how can you help me pending the time I will get my order. I have a lot of properties for foreclosures that I thought might worth trying.
So after having foreclosure houses what next do I need to do? Am in a real financial mess now and I need to make this work on time.

thanks
Bade

Anita,
Hi my name is Shawn Downey you can get a feel for me and who i am on my bio but if at all possible can you help me with info as far as letters to write and the addresses for the credit repair, who to send to and all. I would like to raise my credit score and heard this technique but since reading your success i thought id ask someone with experience. Any help is much appreciated!

Thanks again Anita
with much success!

Shawn Downey
Promeric

I have located two property in the New York that are owned by and Agent broker but is willing to do a leases option with tenants all ready in place or sell them home out right for a cash buyer, what you think should be the best strategy

Thanks
Harry

Which document from deans website should i use...My brother JR is receiveing a grant from non profit org., called HOGAR and I would love to have HOGAR understand I am representing my brother as A Real Estate Investor and find him a property.
I would need the seller and my brother JR sign an agreement ( menaing one of deans documents on his website ) which document though? I am lost please help, stevenamurphy@****

Which document from deans website should i use...My brother JR is receiveing a grant from non profit org., called HOGAR and I would love to have HOGAR understand I am representing my brother as A Real Estate Investor and find him a property.
I would need the seller and my brother JR sign an agreement ( menaing one of deans documents on his website ) which document though? I am lost please help, stevenamurphy@****

I hope you are well these days. I miss reading your amazing wisdom on your site. I look forward to reading more stories and answers from you.

Karen

Question on the 4-22-08 post
"A portion of the monthly rental payment typically applies toward the purchase price."
What % would you say is usually applied to the purchase price?
Do you try to cover all of the "sellers" monthly expenses when coming up with an amount to offer for the monthly payments?
I have an offer that I am in the process of writing up and this is my first one.
Thanks
Wendy
e-mail wendyjstevens@****

I am in Alabama I was wondering have you tried this birddog thing.

I was told that Transactional Funding works great for double closings.....do your research and find a good lender...good luck with all of your deals.

Hi Anita!

I really appreciate your contributing insight and knowledge here. When I visited one of your sites I saw the post 'Properties Wanted'. I'm curious, does that mean your firm is looking for properties found by Bird doggers, REI's, etc. (My apology if I'm not phrasing this right, I'm a newbie to REI terms.) Thanks!

Kim

Hey Anita,
My names John Cornwall (Clint).

I'm curious, I may possibly have a deal on the west coast of Fl.(OCEAN FRONT). May be in the nieghborhood of of 1.5 MIL. give or take a quater mil.
If interested OR know someone interested let me know.

Regards:
John Cornwall
SFI Enterprises Inc.
[email protected]

Hello Anita,

My names Clint. I wrote (I thought) a letter to you a couple of days ago. which I can't seem to find. Never mind! I found it.

Regards:
John Cornwall
SFI Enterprises Inc.

Hi Anita. I would like to purchase the house that I have been renting for the past two years. I have a good relationship with the owners and don't anticipate any big problems. Would you advise using the purchase agreement supplied by DG and should I have an attorney go over it before I present it to the owners? Thanks for your time.

Dee

How's the weather? I wanted to know if you could help me. I have low to no credit and want to do a deal. I see that you have much experience and that is phenomenal. I want to know if you have any promisory notes or know any full proof ways I can get access to owner financed notes so I can start earning and learning until I can get enough to purchase one?

Hi Anita! I see you know your stuff. I have a question to ask you and I hope you can help me, because i have to react fast. I found a house for sale way below market value.The market value is $70,500
and, the owner is asking 49,900. The reason he is selling is because he has a arms mortgage and it shot sky high. His lending company agree that he can do a short sale on the house. He is willing to take lower. He said he has until July 1st or the house will go in foreclosure. He owes $109,000 on the loan. Thats what bothers me what he owes. So the question that I have is do you think this is a deal or should I walk away? If this is a deal how do I negociate this. I am a newbie and this is my first project. Any advice is greatly appreciated.
Thank You!

Hello Anita,

I looked on your website and saw in the distressed properties section which mentioned the FWR. Is it still available?

Thank you for your time and the knowledge you share. You are making a difference.

Have an amazing week Anita,

Tammy Alvarado

Is there any fee you have to put down when it comes to REO's? And if so what are the fundamentals when dealing with REO's from a newbie like me standpoint here in Atlanta, Ga? Thanks for taking the time to teach and reach.

hi anita i have a question regarding my 24 hr recorded message, i have a message geard towards pre-foreclosure sellers and i havent had any success so far so i wanted to expand my operations by targeting fsbos and homes on market 90 days plus but since i got the scripts from the book for pre forclosures im having problem trying to record the message for the fsbos and 90 days + what type of information should i put, what should i ask the sellers to leave? just having problems trying to figure out how this message will go? any help will be helpful thanks

I found a real sweet deal looking for a home for my family and found it very motivated seller and one who will think outside the box the property was appraised at 170K last year and is willing to take any reasonable offer she was going to this Wed put it on an auction site and start it at min bid of $62K and go from there. My problem I have until Fri to come up with the right solution for a hard money lender or investor that would purchase then lease opt to me so I can have a home for my family could you help me maybe please!
Thank you Anita look forward to hear back from you.

Sincerely,

Luke Kohls

Hi, my name is Edward and i want to so so much to be successful with this. I am in a dead end job, very bad credit,married and a little one that needs me to do a lot right now. I just finished reading Your Town Your Real Estate Profits By Dean. i don't see or i guess know where to start to get the ball rolling for me with all this info i have. Any sugguestions whould be helpful.

Hi Anita,

Can we meet? My husband and I live about an hour from you and although we have been in the success academy since Oct. we haven't made it happen. We don't know what direction to go into. I just keep reading more and more info. Because you are making it happen here in our local area, I don't mind saying we need a push into what will work for us. Please contact us. If you want to come to Tehachapi, we will buy you dinner. Do you have an investment group? I tried to start one but have had no takers. I would love to meet with you and Rina when she comes out?

Thanks, Charisse and Vic

im new to the site, and still very much learning, where can i find definitions for terms, ie. short sale etc?

Anita,

good evening, I see you on here a lot and you really drop knowledge and make it simple. I am just starting out, and scared out my mind right now. This is so new to me. So I am looking for someone that I can be accountable to, and for some reason, you seem like a great person even though I don't even know you. So I am asking for you to be my mentor. I am here in South Carolina, and I am ready to make a difference in my life.

Travis Dessaure

Rina,
I have a 100% Owner financed – No bank loan!” OR “Why rent when you can buy for $498
This home was just fixed for renting condition. 2 Bed 1 Bath.
Beautiful home fresh paint & hardwood floors.
2338 Paris Ave Indianapolis, IN 46208
15 Year Land contract
Loan Amount: $49,900.00
Interest Rate: 8.75%
(PITI) $498.72
If you have a Cash offer I will sell for less.

Hi, I noticed you are very well informed in Real Estate. Would you be willing to help a noob I have passion and will be willing to give any help you could use me for I have absolutly no one to take me under their wing. I could be a great friend if you are interested in helping a struggling father of two. thank you for your time

Jonathan McCuistion

Hi Anita,

We are finally getting it together. Tomorrow we are talking to a relator in Palmdale about distressed properties. You seem to be the closet person in Deans Group that lives near by. I would love to talk to you and hear how you are making it happen. Do you have plans for tomorrow? How about a lunch date? We will buy! Thanks,

Charisse Rudolph and Vic Martin

Hi there my name is anthony and i'm employed, used to work for State Street Bank and i'm plannng to go back to school and need to afford for medical school. could you provide advice on what i should do?

thanks
anthony
Boston Ma

Hello Anita,

I was reading one of your post on commercial investing and it really made me want to know more on how I can get started in that line of investing. Do you have any advise on how to get started? I haven't done any deals as of yet but I would love to make commercial investing the avenue to take. I would appreciate any advise you can offer on this subject. I was also thinking we could partner up on a deal and you could be my mentor if that would be okay. I do have extensive real estate knowledge but I just don't have the knowledge to invest in commercial real estate yet, but I'm very willing to learn. Please give any feedback and thanks in advance for your help.

Tricia
Never give up always strive to get up! A family that prays together stays together!

hi anita i wanted to know have you or any one you know done deals with brookview, if so are they good, what do they require, are they credit driven. also much success to you
thanks
terrance

HELLO THE QUESTION I HAVE FOR YOU IS I,M HAVEING TROUBLE RUNNING COMPS,THAT MEAN I,M NOT COMING UP WITH THE FMV OF HOUSE.WHICH MEANS I DONT KNOW IF ITS A DEAL OR WHAT. PLEASE HELP .TROUBLE IN ORLANDO FLORIDA

Hello Anita,

I have a property that is under an assignment contract and I have a buyer but I am finding it hard to find a bank that will allow the assigned contract. Do you know of a bank(s) that will accept an assigned contract?

Thanks,

Curtis

Anitarny,
I enjoy reading you and rita blog I'm in the academy and so far I had four deal fall thou but I look that the people on this site and its keep me going. when I want to stop and said you can't do this. I'm a fighter and I will keep having fun because I feel its going to happen soon. So thank for you and the dean family