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Owned by Patrick

AutoClose REI

54 members • $147/m

This group was created to help beginners wholesalers find and secure the free resources they need to get started as a wholesaler.

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96 contributions to AutoClose REI
Motivational Affirmations: Success Goals
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!!!!!
Motivational Affirmations: Success Goals
0 likes • 15h
@Ted Mauro Amen
Free Email Template: Connecting with Buyers
I have provided you with a free template to use when you market your deal to investors: Subject: New Investment Property Available in [City/Neighborhood] Hi [Buyer's First Name], I hope you're having a great week. I'm reaching out because I have a new off-market property available for sale in [City/Neighborhood]. It's a great opportunity for an investor looking for their next project. Property Details: - Address: [Street Address, City, State, ZIP] - Bed/Bath: [#] beds / [#] baths - Square Footage: [S.F.] sq ft - Estimated ARV: $[Amount] - Wholesale Price: $[Amount] - Estimated Repairs: $[Amount] We have a quick closing scheduled and can offer a seamless transaction. The property is available for a private viewing and is expected to move quickly. Please reply to this email or give me a call at [Your Phone Number] if you would like to receive more information or schedule a showing. Best regards, [Your Name] [Your Company Name] [Your Phone Number]
1 like • 16h
@Mary LaPlace this is where you can use this template to make emails to your buyers straight from BREVO. So when you have a deal that’s not selling, my buyer doesn’t want or you want to get the word out when you have something under contract. Makes it a reality.
Game Changer: Property MGMT Company in FL
I just got off a phone call with someone who owns a property management company in FL. One of three of my main markets that are offering properties 30-35% below market price that FITS THE TAKEDOWN METHOD………..game changer!!!!!! Stay motivated and keep putting your name out there.This opportunity came from me posting my contact information as a buyer on various buyer friendly websites and someone finally reached out to me in my ideal market!!!!! This is going to be an excellent resource to share with the group after I finish vetting them and collecting their contact and email information! So that when you build your buyers buy box from the free buyers list for FL you can reach out to them and let them know you have a buyer ready to buy!! WIN-WIN FOR EVERYONE
Game Changer: Property MGMT Company in FL
0 likes • 17h
@Mary LaPlace Amen
AutoClose REI: Our Purchase Power……
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.
AutoClose REI: Our Purchase Power……
2 likes • 2d
This post has been updated to include a written attorney approved template for the Promissory Note and Rental Allocation Agreement with all the necessary terms and clauses included. The only documents I am not allowed to write up is the "The Mortgage or Deed or Trust" and the handling of the Deed. When you get to this part of the transaction action you will need a State recognized real estate attorney who can handle the Mortgage and The Deed terms and conditions. I have a list of qualified states for this type of lawyers. Luck for us we just need to make sure the Rental Allocation and The Promissory Agreements get signed first.........our AutoClose REI buyer will handle the rest.
1 like • 17h
@Mary LaPlace 70% is the max down payment according to the TakeDown system formula when we pull 3 sold comps and 3 active comps......the larger monthly payment is based on the rent projections, the higher the rent the more we can increase the payments and clear debt faster. All depends on the neighborhood and rent stablization.
New Buyer Added: MF Holdings LLC (Ted M.)
Single family flips and BRRRR All-in at or under 70% ARV. Clean title. Clear, realistic scope and timeline. • Small multifamily (2–20) Value-add preferred. All-in near 70% stabilized value. DSCR at or above 1.20 on take-out. • Larger MF, hotels, RV parks, mobile home parks, storage, assisted living Value-add and management upside are ideal. For hotels, send T12, trailing 3–6 months updates, ADR, occupancy, RevPAR, room count, any PIP. This is a JV partners buyer who works with a Private Company who invests in SFH to Commercial buildings. 6 Month or less Fix and Flip projects and Long-Term returns.
1 like • 14d
@Ted Mauro likewise.
1 like • 18h
@Mary LaPlace see he is tagged above. Yiou are level 2 now so you can chat in DM. Send him a message @Ted Mauro
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Patrick Brown
5
138points to level up
@patrick-brown-8098
Owner of AutoClose REI-all in one deal closing system that is built on free resources and tools. Helping beginner wholesalers close deals.

Active 52m ago
Joined Aug 16, 2025
ESTP
Philadelphia
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