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The Wanzo Way

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4 contributions to Smart Money Collective
Dispo Response to a JV
Had someone who has buyers for one of our deals send me the following message so I figured I’d share the scenario and my response since all of us will have this happen. Let me know if this helps: Potential JV: Hey, I have a couple buyers looking at it. At 60K it’s a bit tight for them based on the scope. Where do you realistically need to be to get it sold quickly? My response: “Appreciate you reaching out! We've actually got a few buyers circling this one already, so we're not in a position to move much on price. We're at $60k — the numbers work for the right buyer who knows the market. That said, if your buyers are serious and can close fast, I'd hate for them to miss out so have them make their highest and best asap”
1 like • 8d
Great advice! It's a good reminder not to get too bothered.
📢 New Training Alert: Build Your Motivated Seller Meta Ad Campaign!
Hey team! Ready to stop waiting for deals to find you and start hunting them down with precision? Tomorrow, we are hosting live at 6pm EST a brand-new marketing session that will be recorded and added inside the class room portal: The Meta Ads Blueprint for Motivated Sellers. I see too many investors over-complicating their marketing or spending thousands on "agencies" to run ads that don't convert. Tomorrow, We are pulling back the curtain so you can build and launch your own high-converting campaign from scratch. What we’re covering: - The "Seller Magnet" Creative: Exactly what assets and copy stop the scroll and get homeowners to reach out. - Targeting Secrets: How to find the distressed sellers in your backyard without wasting budget. - Lead Capture: How you can set up leads to go straight from Facebook to your CRM. - The Math: How to track your cost per lead to ensure you’re hitting those high-ROI targets. The Goal: By the end of this session, you won’t be dependent on anyone else for your data. You’ll have a live machine generating leads while you sleep. 📅 Live Tomorrow Zoom Link in the Calendar! Drop a "READY" in the comments if you’re planning to launch your campaign this week. Let’s get after it!
1 like • 24d
Ready
2 Family Rehab Gilbert Ave, New Haven, CT (Yale University)
7 bedrooms 3 bathrooms 3723 sf .08 acres Built 1900 3rd floor bonus gives loads of potential. Needs extensive work. Rehab $80-K-$110K PP $265k. Arv $350K-375K
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2 Family Rehab Gilbert Ave, New Haven, CT (Yale University)
Pre-Foreclosure Solutions
Hi one of the memebers asked a question around how we can help foreclosures with and I thought this would be valuable for other members as well The solutions for foreclosure leads you can do 3 strategies: 1.cash offer - give them an offer cash, stop the sale and either wholesale it or fix and flip or keep it in your portfolio for this strategyy you need equity because you need it low enough for a cash offer to work 2.creative finance : subject to/lease option- you can also bring the payments current, or do a loan modification, and keep the property and take over payments 3.Collect the surplus after the sale, when the property goes to auction and there is equity at the foreclosure sale, the bidders offer more than what is owed, you can present the seller an option where you can help them collect that difference after foreclosure happens it's called a surplus With option 1 you are reselling it so or keeping it and need to buy at a discount so you need equity, for option 2 you are keeping it as a long term rental so equity is not as important you are focused on cash flow, option 3 you need equity. As far as timeline, 30 days out still gives you time to do something but the closer you get to the sale date the tougher it is, we have helped sellers a week out and even a day before the sale happens but it's tougher when you get close to the date, we have to stop the sale and file a motion with the judge and depending on the judge and the case they can approve it or deny it. So waiting last minute isn't a good option, but we can still try it. If it does go into the sale and there is equity option 3 the surplus is the only ootino you have.
0 likes • Feb 4
Great info on options.
1-4 of 4
Rachelle Edwards
1
2points to level up
@rachelle-edwards-3140
I'm an atmosphere architect! I am a family person. I help people to dare to expect more than they can imagine. Real estate is my vehicle.

Active 8d ago
Joined Jan 30, 2026
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