What Our Buyers Expect: Get Your First Deal Today

My buyers network that I am connected to and building more and more buyers daily have expectations that help me spread the word about the kind of ways they look for deals that you can assign to them. If you are struggling to get your first deal, let me tell you right now that you are in the right spot..........

Heres what they expect: Quick Math.....

On-Market: 60% of Zillow Asking Price (FSBO)

Off-Market: 70% of ARV-Repairs-Assignment Fee=MAO

With the On-Market and Off-Market deals we will either need a signed purchase and sale agreement, sellers acknowledgement and a JV contract to push your deals for submission. In most cases, I will just need a purchase and sale agreement and JV contract signed to send to underwriting for approval. Typical wait time is 1 business day for intitial review and up to 7 business days for final review.

Meanwhile during the property evaluation process it is going to be your role to schedule inspection times, making sure you receive all the necessary photos, contracts and any EMD obligations to assure the deal runs smooth.

Disclaimer:

No-Low End Properties; Cheap often means significant deferred maintenance, potential code violations, and hidden issues(e.g. asbestos, outdated wiring) that can quickly eat into your profits.

No High End Properties; They demand substantial upfront capital for down payments, closing costs, often very expensive renovations.

If you are ready to start making phone calls and getting the first deal starting now.....

You can use the "Quick Math" expectations and start making those offers.....Good Luck.

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