Watch Jerry Norton explain how a novation works where an agreed upon price with a seller for $100,000 has a pre-marketing clause in the original purchase agreement to list it on the open market or MLS. Would you try this strategy? Keep in mind the property has to be in good enough conditions to pass a retail buyer mortgage inspection 🧐 https://youtube.com/shorts/2cRKCVMbzYs?si=JNhFYz7YjTSyAEWV

If you are truly serious about change, just know you are going to go through some uncomfortable situations STOP TRYING TO DODGE THE PROCESS…….. Because in the long run it’s going to make you better and DO NOT FORGET THAT!!!! You got this!!!!!

If you had to choose between better options at wholesaling and needed to keep a friendly budget until you see results what would you prefer for a monthly budget, what would be the deal breaker that would allow you get better options at a price you love and will not mind paying that price month-to-month for access other features like PPL, VA Services and more........... Let Me Know Your Feedback: Deadline is Mid-October 2025 I will also be collecting votes from the weekly meetings............... Keep in mind the choice you select will affect how much from the 40% commission you will get for PAID referrals in the future so the numbers below will need to include the cost of your credits towards PPL and VA services under a sub-account and the passive income you get along side it.

This is how easy we have made buying real estate when it comes to making offers to ON/OFF Market properties allowing us to get a property under contract and close more deals. Our Purchase Power: Offering 70% of the asking price upfront and the remaining 30% overtime from the projected rent. Typically offering $1000/MO. To seller and if we can get a clear estimate of the rent projections, we could possibly pay them more then $1000 up to $2000/Mo. Allowing us to purchase the property at 100% ahead of what others are offering when they busy making LOWBALL OFFERS….we are buying 100% of the asking price allowing us to always get the contract. Contracts, Terms and Conditions Required: 1. Purchase and Sale Agreement 2. The Promissory Note 3. The Mortgage or Deed of Trust 4. The Deed Additional Considerations and Clauses: 1. Rental Income Allocation Agreement 2. Property Management Clause 3. Fix and Flip Clause 4. Insurance and Taxes 5. Default and Forfeiture Clause This type of real estate transaction, where the seller provides financing for a portion of the purchase, is known as "owner financing" or "seller financing." To structure a deal where you pay 70% upfront and the remaining 30% over time from the projected rental income, you will need several key legal contracts and documents. It is highly recommended that you consult with a qualified real estate attorney to draft and review all of these documents to ensure they are legally sound and protect your interests. Here are the essential contracts and documents you'll need: 1. The Purchase and Sale Agreement (PSA) This is the foundational contract for the entire transaction. It outlines the core terms of the deal, including: - Purchase Price: The full, agreed-upon asking price of the property. - Down Payment: Acknowledges the 70% of the asking price that you will pay upfront. - Contingencies: Standard clauses like inspection, appraisal, and title review. - Financing Clause: This is where you specify the owner financing arrangement. Instead of a traditional mortgage contingency, this section will state that the remaining balance will be financed by the seller. - Closing Date: The date the deal will officially close and you will take possession of the property.

Today’s Agenda: Introductions for any new members Discussing The TakeDown Method Offer Sheet Changes See you soon…….