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How a Recent Real EMD Deal Ran, Start to Finish. 🎬
Let's review one of our recent EMD deals. The deal: a buyer had a 75 unit purchase under contract in Houston, two buildings, and needed $20,000 in earnest money he did not have liquid. 📅 Early March. The request comes in and our team reviews it. We look at the contract, the structure, and confirm the earnest money is refundable during due diligence. ✅ 📅 March 11. The buyer pays our minimum upfront fee. ✅ 📅 March 12. We wire the $20,000 earnest money into escrow. The buyer now controlled a 75 unit deal on the strength of our funds. 📅 The next few weeks. The money sits in escrow through the due diligence period while the buyer works the deal. 📅 April 7. Twenty six days after we funded, the deal has not make it to the closing table and we cancel prior to the end of the refundable period. The full $20,000 was wired right back to us. The question is always, "how much did we make?" We covered capital with the upfront fee, but didn't make profits because we had to cancel. If the deal had closed, we would have earned our 20 percent fee at closing. Unfortunately, it did not close, but fortunately we had all the right docs and agreements in place so we came out clean. And that is a painful truth about EMD. A high percentage of them do not close. Our money was out for 26 days, fully exposed to the deal, and it came back because we protect it with a refundable structure. We earn the upfront fee and that covered our expenses. This is why we tell you to use EMD to learn the game and cut your teeth, but to put your real energy into Morby/Stack method deals, where we have found better and more frequent paydays. Questions on how any of this works? Ask below. This is what the community is for. 👇
OMG it’s possible… I made a $16K Month!!
What a time to be alive! The Month of June + July 1st: 2 Double Closes and 4 Stack Method deals funded and Closed with my own funds! 🚀 A lot of hard work and perseverance got me to where I am now. A lot of people didn’t believe in me, was not welcomed to join in rooms with others who have been successful and was told I couldn’t make this business work because I’m a Mom of 2 babies under 5yrs old with a W2. I dealt with a lot of disappointments and mindset setbacks, but I kept 👏 on👏 going👏 I funded $878,772.41 of my own funds and made a profit of $16,395.85!!!!!! I am so so grateful for God, my husband, and the handful of folks that believed & supported me (you know who you are 😉). THANK YOU! 🙏 Looking forward to keeping the momentum! 🔥
OMG it’s possible… I made a $16K Month!!
New Facebook ad
Since changing my Facabook post/ad yesterday evening I have received two leads. Although I redceived non productive leads in the past these leads know exactly what this ad is all about, therefore, I expect these leads to be more productive.
Facebook post
I have been following the new classroom which led me to revise my Facebook ad. The old one was a little vague but this one is more direct. Everything else is the same, same audience, same location, same frequency, sdame purpose (leads). The attached picture truncates the sides but the most important part is visable. I paused the old ad because the leads generated went nowhere.I am restarting the new ad with hopes the leads will be more valuable.
Facebook post
$1,375 for making one introduction. 🤝
Here is what is possible when you bring us a deal. I'm going to start sharing more of our deals that come through our acquisition team members (you!). We are constantly working on dozens of deals in the system and a little vision into them could be beneficial. Do you want these posts❓ Someone connected us with an Echo deal in Houston. They didn't need to fund it, underwrite it, do the TC work, or bring the capital. We handled all of that for them. They made the introduction and walked away with $1,375. 💰 That is the whole acquisition model. You bring us the connection We do the uw'ing, TC work, legal, title and capital We both get paid And this is not a one time thing. We pay referrers on Stack and Echo deals all the time. Every one of them started with someone who knew a deal and sent it our way. 👉 If your connections keeps coming back, you keep getting paid.
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Refer real estate funding deals and get paid -- no capital needed. We bring the money and do the work. Your path to financial freedom.
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