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Quickstart Kit PDF
Quickstart Kit PDF
Quickstart Kit PDF
the country, I have learned what works and what doesn’t work
when it comes to making money with real estate. This Quickstart
Kit contains some of my all-time best tips for finding discounted
houses, structuring deals, working with private lenders, and
finding cash buyers. It also includes copy-and-paste ads, word-
for-word phone scripts, fill-in-the-blank contracts, easy-to-use
cheat sheets, and much more. I hope it helps you on your path to
financial freedom!
To Your Success
Jerry Norton
Jerry Norton
FindHousesGetPaid.com
FREE WEBINAR
Get Paid $10,000 To Find Deals!
Register for my Free Webinar, where I show you how
to get paid $10,000 for good deals you find. If the
deal meets my criteria, I’ll fund and flip it, and pay
you $10,000 up front as a finder’s fee!
REGISTER HERE:
www.FindHousesGetPaid.com
QUICKSTART KIT Agent Double Dip Technique
QUICKSTART KIT
Agents get paid a commission on the sale price paid by the seller.
Typically the total compensation is 6% of the sale price. In a normal
transaction there are 2 agents:
Listing Agent: Hired by the seller to market and sell the property, the
listing agent puts the property on the Multiple Listing Service (MLS)
where other agents collaborate on their listings. Typically, the listing
agent earns 3%.
To put it simply, the listing agent has the property, the buyer’s agent
has the buyer and when they come together and agree on a sale
price, typically, each agent earns 3% (total of 6% paid by the seller).
Duel Agency: Duel agency is when the listing agent also has the
buyer. In this situation, the duel agent represents both parties and
would earn both the 3% as the listing agent and 3% as the buyer’s
agent for a total of 6%!
Use the following script when using the double dip technique with a
listing agent…
SCRIPT:
Hi, my name is ______________ and I’m an all-cash buyer and
we are aggressively buying properties in the _________________
area. The reason for the call is because I’m unrepresented
and I’m interested in making an offer on your listing at
____________________________ (address). What I’d like to
do is let you represent me as my buyer’s agent and write and submit
the offer for me that way you get both sides of the commission. How
does that sound…?
SCRIPT:
Also…as I mentioned, I buy cash and can close quickly. Can you give
me a heads-up on any new listings you get before they go on the MLS
so I check them out and get you my offers right away before all the
other offers come in through buyers’ agents?
In order to get a hold of you quickly, can I get your cell phone and
best email?
SCRIPT:
You’re right, it is a low offer but I would still like you to present it
to the seller. If anything, my low offer will prompt the seller to do
a price reduction, which will ultimately help you sell the property.
And who knows…maybe they’re ready to be done with this property
and they’ll take my cash offer. I can’t tell you how many times it’s
happened to me in the past. Even though it’s low, will you please still
submit it…?
SCRIPT:
I’ll tell you what…Can you at least call the seller and give them my
offer verbally? I really believe that my offer is fair considering the
time, work and money that this property needs and if I were the
seller, I would still want to know what a cash investor is willing
to pay.
SCRIPT:
Subject Line: Cash Offer ___________________(address)
Hi ______________(agent)
[EXAMPLE]
Price: $142,000 Cash
Buyer Name: FSD 123, LLC
Closing: 30 Days from accepted offer
Inspection: 10 day from accepted offer
EMD: $1,000
P.S. Please let me know when you get other listings of distressed
properties or motivated seller so that you can represent me and I can
get you my cash offer right away.
PHONE SCRIPT:
Hi ________(agent), it’s me _________________. I’m just
following up on my cash offer I made previously on your listing at
__________________ (address). I see it’s still active. Please re-
submit my offer again to the seller so that he/she knows I’m still
interested in buying his/her property for cash.
EMAIL SCRIPT:
(NOTE: Search the address in your email sent box from
when you made the offer the first time and reply to the
same email…)
Hi ________(agent),
Bird-Dog Magnet
Checklist
Utilizing “Bird Dogs” is a great way to find deals. Bird
dogs are people in your target market that find deals for
you and can be a great source of high-quality, low-cost
leads. In this cheat sheet you’ll get word-for-word scripts
and a checklist of everything you need to build a team of
deal-finding bird dogs.
When it comes to bird dogs there are 2 different types.
Let’s discuss each one…
1. Scouts:
A scout is someone who comes in contact with distressed properties
and/or motivated sellers in his/her daily activities and gives you a
referral name and/or address for a fee.
For example:
• Attorneys (probate/divorce/bankruptcy, etc)
• Door-to-door sales
• Mailperson
• Garbage person
• Utility meter reader
• Title agencies
SCRIPT:
I am a real estate investor and I specialize in buying distressed
real estate and I’m always looking for deals. In your day-to-day
activities, if you come across a vacant and/or distressed home or
a seller who is motivated to sell his or her property, and you let me
know about it, I’ll pay you a $500/$1000 referral fee if and when I
buy the property.
All you need to do is provide me the address and if possible the name/
number of the property owner and I’ll do the rest.
For example:
If a wholesaler has a contract on a property for $50,000 and a cash
buyer is willing to pay $60,000 for the property, the wholesaler would
earn a $10,000 fee.
SCRIPT:
Me and my investors are looking to purchase 12-15 homes in the next
12 months in the greater ______area. On average, as a wholesaler
how many deals per month do you move?
2. What types of homes are you looking for or NOT interested in?
(i.e. – minimum 3 bedrooms, 1,000 sqft, must have a garage)
SCRIPT:
I’d like to share with you exactly what I’m looking for do you can
bring me only deals I’m interested in. Here are the types of deals I’m
looking for and my buy formula… [i.e. - minimum 3 bedrooms on the
north side of town. I buy at 70% of ARV less repairs).
SCRIPT:
What is the best way to get notified when you have deals? Can you
add me to your email list?” What are your criteria to work with you
and submit offers on your deals? Who is the best person and contact
info to follow up with?
**Note: See “Double Dip” Technique to learn how to get listing agents
to bring you their deals before their listed for sale.
Step 1: Once you have a fully executed contract, contact the listing
agent and offer to pay him or her an additional commission to go
back to the other interested investors who offered on the same
property and offer to wholesale the property to them. Who better to
wholesale your deal to then another investor who made an offer on
the same property.
Use the following script when doing the triple dip technique…
SCRIPT:
Thanks again for all your help getting my offer accepted on this deal.
I wanted to run something by you and see if you were interested in
making another $2k on this transaction.
Right now I’ve got a lot going on and I’m open to just quick-flipping
this deal to another investor. Here’s what I’m proposing…
Call back the other cash investors who made offers on this property
and let them know that I’d be willing to let it go to them for
____________(wholesale price). If so, I’ll pay you an additional
$2,000 just for putting the deal together.”
EXAMPLE:
You have the contract price for $50k and want to earn a $5,000
wholesale fee. You would tell the agent to offer the deal for $57k ($5k
to cover your wholesale fee and $2k to the agent)
Step 3: On the day of closing, the cash buyer purchases the property
and pays your wholesale fee and you pay the list agent another
$2,000 for putting the deal together.
Follow the same process used when searching for deals, to also find
cash buyers…
Step 3: Put a “key word” in the search bar that indicates a distressed
property and/or a motivated seller:
Craigslist will generate a list of posts that match the key word you
searched. This time, rather than looking for FSBO and wholesaler
leads (deals), look for cash buyers that are advertising to buy
distressed properties such as “we buy houses cash.”
Replying to Posts
Once you identify a lead that you are interested in pursuing, you will
need to “start a conversation” by replying to the post. Your goal is to
get the cash buyer’s contact info to add to your cash buyer list) and
contact them about your deal you’re wholesaling.
Hi, I saw your post on Craigslist that you are looking for investment
properties. I am a local investor as well and happen to have
a great deal that I’m looking to wholesale that you may be
interested in. What is your contact info and a good time we can
discuss in further detail?
Handyman Specials, Cheap Fix & Flip Deals, Get on Our VIP
Buyers List
Are you looking for deeply discounted fixer upper properties with
built in equity? Do you want to invest in real estate but cant find
the right deal?
Since Craigslist shows the most recent posts at the top, the older
posts get pushed down. They key to success posting on Craigslist
is to stay at the top of the searches, which means you need to post
frequently (follow the rules outlined by Craigslist with how frequently
you can post). Follow these steps when posting ads…
At the very bottom of the post add the following list of key words…
[known as “tags” these key words will help other investors searching
for deals to find your post]
At the very bottom of the post add the following list of key words…
[known as “tags” these key words will help other investors searching
for deals to find your post]
CO-WHOLESALING SCRIPT:
Hi, I am a local cash buyer and I noticed you advertise your
wholesale deals on craigslist. I currently have a great deal that I’m
looking to wholesale and I wanted to offer to split the wholesale fee
with you if you bring me a cash buyer. When is a good time we can
discuss my deal in further detail?
Respectfully,
[your name]
[your number]
[your website]
Time: _________________
CASH BUYER LEAD SHEET
PURCHASE CRITERIA
Types of deals:
_______________________________________________________________________________________
If I bring you a deal that meets your criteria, would you buy it? _____________________________________
Can I add you to my buyer list and email you when I get deals? _____________________________________
NOTES: ________________________________________________________________________________
________________________________________________________________________________________
_______________________________________________________________________________________
________________________________________________________________________________________
_______________________________________________________________________________________
________________________________________________________________________________________
_______________________________________________________________________________________
________________________________________________________________________________________
Direct Mail
Swipe File
Despite its reputation as being outdated, direct mail is
still one of the most effective ways to grow your real
estate business. And with this “swipe file” you’ll learn
the step by step process for making money using direct
mail. You’ll also get 3 of the best postcards and letters,
that have been proven to attract Motivated Sellers, Cash
Buyers and Private Lenders in all 50 states!
Motivated Sellers
You could use an automated voice mail system but some studies show
Cash Buyers
Cash buyers are investors in your target market that have funding
(cash) are actively looking to buy properties. Building a cash buyer list
is essential to successfully wholesaling properties.
There are 4 steps to finding and attracting cash buyer leads using
direct mail. These steps are…
Private Lenders
Private Lenders are individuals (not banks) that lend their investment
capital to fund investors’ real estate deals
There are 4 steps to finding and attracting private lender leads using
direct mail. These steps are…
Time: _________________
CASH BUYER LEAD SHEET
PURCHASE CRITERIA
Types of deals:
_______________________________________________________________________________________
If I bring you a deal that meets your criteria, would you buy it? _____________________________________
Can I add you to my buyer list and email you when I get deals? _____________________________________
NOTES: ________________________________________________________________________________
________________________________________________________________________________________
_______________________________________________________________________________________
________________________________________________________________________________________
_______________________________________________________________________________________
________________________________________________________________________________________
_______________________________________________________________________________________
________________________________________________________________________________________
Time: _________________
ASSET LENDER LEAD SHEET
Lender Name(s):
________________________________________________________________________________________
LENDING CRITERIA
Do you provide the rehab funds? Y/N Is there a draw inspection fee? ______________________________
What is the interest rate? ___________Are payments amortized or interest only? ______________________
Do you charge points? Y/N How many points? _______ Paid up front or at the end? _________________
What is the length of the loan? _____________ Do you allow extensions? Y/N Extension fees? __________
Can you provide Proof of Funds? Y/N What is the process to get P of F? ____________________________
These terms are good for how long? _________________Can you provide in writing? Y/N ______________
_______________________________________________________________________________________
_______________________________________________________________________________________
Dear _________[name]
Respectfully,
[name]
[number]
[website]
Respectfully,
[your name]
[your number]
[your website]
BUYER: ___________________________________________________________________________________________________________________
(Names of Buyers) hereinafter referred to as “Buyer” SS/Tax ID (Optional)
ADDRESS: _________________________________________________________________________________________________________________
(Address of Buyers) Town/City State ZIP
Seller agrees to sell and Buyer agrees to buy for the purchase price and upon the terms and conditions stated herein the real property with all buildings and other
improvements thereon and all appurtenances thereto, in the same condition as they were on the date of Buyer’s signature, reasonable wear and tear excepted.
2. REAL PROPERTY TO BE PURCHASED:
a) Street Address: ______________________________________________________________________________________________________
b) City/Town: ______________________________________________STATE _______________________________ ZIP____________________
c) Described as: _________________________________________________________________________________________________________
3. INCLUDED IN SALE PRICE: The Real Property shall include all items permanently attached to the property on the date Buyer signed this Agreement and: all screens,
storm windows, TV antenna, awnings. security, fire and smoke alarms, garage door openers with controls, venetian blinds, curtain/drapery rods, wall to wall carpet,
plumbing and heating fixtures (except portable heaters or rented water heaters), light fixtures, shrubbery and plants. Unless mentioned below, all personal property is
excluded.
ADDITIONAL PERSONAL PROPERTY, if any, to be included:
_______________________________________________________________________________________________________________________________________
_______________________________________________________________________________________________________________________________________
There is no leased personal property except:
____________________________________________________________________________________________________________________
d) By________________________________________________________...........................…………………………….$_________________________________
5. DEPOSITS: The Deposit(s) specified above shall be made at the stated times. All Deposits shall be made by check, payable to the Listing Broker or the attorney/title
company conducting the closing. All checks are subject to collection and failure of collection shall constitute a default. Except at time of dosing, when the deposit shall be
delivered to Seller or Seller’s designee, the Listing Broker shall not pay the Deposit to anyone without the written consent of all parties to this Agreement. In the event any
deposit funds payable pursuant to this Agreement are not paid by Buyer, Seller may give written notice of such failure to Buyer. If such notice is given and a period of 3
(three) days pass without Buyer paying the Deposit owed, Seller may declare Buyer in default and shall have the remedies set forth in Paragraph 14.
6. FINANCING CONTINGENCY:
a) Amount $______________________________; b) Maximum Initial Interest Rate _______%
c) Term: _ years; d) Commitment Date:________________________
e) Type: ____Conventional Fixed ____Variable ____FHA ____VA ____CHFA ____Other__________________________________________________
Buyer’s obligation is contingent upon Buyer obtaining financing as specified in this paragraph. Buyer agrees to apply for such financing immediately and diligently pursue
a written mortgage commitment on or before the Commitment Date.
f). If Buyer is unable to obtain a written commitment and notifies Seller in writing by 5:00 PM on said Commitment Date, this Agreement shall be null and void and any
Deposits shall be immediately returned to Buyer. Otherwise, the Financing Contingency shall be deemed satisfied and this Agreement shall continue in full force and
effect.
7. CONDITION OF PREMISES: Buyer represents that Buyer has examined the property and is satisfied with the physical condition subject to the Inspection Contingency if
applicable. Neither Seller nor any representative of the Seller or Buyer has made any representation or promise other than those expressly stated herein which Buyer has
replied upon in making this Agreement.
8. INSPECTION CONTINGENCY:
a) Inspections shall be completed and results reported to Seller on or before 5:00 P.M. on:_________________________________________
b)Seller agrees to permit Buyer’s designees to inspect the real property during the period from Seller’s acceptance until the date set forth in (a) above. If Buyer is not
satisfied with the physical condition of the real property, and so notifies Seller in writing prior to the date specified in (a) above, then Buyer may at Buyer’s option terminate
this Agreement. Buyer may give Seller the option to correct the conditions that are unsatisfactory to the Buyer. Should Buyer elect to terminate this Agreement or Seller is
unwilling to correct any unsatisfactory conditions the Buyer shall notify Seller on or before 5:00P.M. on:______________________ of Buyer’s election to terminate this
Agreement and if terminated this Agreement shall be null and void and any deposit monies paid hereunder shall be returned immediately to Buyer and neither Buyer nor
Seller shall have any claims against each other under the terms of this Agreement. If Buyer fails to notify Seller as provided herein, this contingency shall be deemed
satisfied and this Agreement shall continue in full force and effect.
c) If initiated below, Buyer does NOT choose to have any inspections performed and WAIVES any rights to object to any defects in the property that would have been
disclosed by a full and complete inspections.
11. WARRANTY DEED: Seller agrees to convey fee simple title of the Real Property to Buyer by a good and sufficient Warranty Deed subject only to any and all
provisions of any ordinance, municipal regulation, public or private law, restrictions and easements as appear of record, if any, provided they do not affect marketability of
title, current real estate taxes, water and sewer charges, and current water and sewer assessment balance, if any; except in those cases where a fiduciary’s Deed or other
form of court ordered deed may be required to pass title. Seller warrants that Seller has no notice of any outstanding violations from any town, city or State agency relating
to the property.
12. MARKETABLE TITLE: Title to be conveyed by Seller shall be marketable as determined by the Standards of Title of the Bar Association now in force. Seller
further agrees to execute such documents as may be reasonably required by Buyer’s title insurance company or by Buyer’s mortgage lender. Should Seller be unable to
convey Marketable Title as defined herein, Buyer may accept such Title as Seller can convey, or may reject the Unmarketable Title, receive back all Deposit money, and
declare this Agreement null and void. Upon such rejection and repayment to Buyer of all sums paid on account hereof, together with the reasonable fees for the
examination of title, this Agreement shall terminate and the Parties hereto shall be released from all further claims against each other.
13. ADJUSTMENTS: Real Estate Taxes will be adjusted as of the Closing Date. All other adjustments, including Association fees, fuel oil, water and sewer usage, interest
on sewer or water assessments, utilities, rent, if any, and issues regarding funds at closing and unavailability of releases at closing and like matters shall be adjusted pro
rata as of the Closing Date in accordance with the Residential Real Estate Closing Customs of , as adopted by the Bar Association, now in force.
Rent security deposits, if any, shall be credited to Buyer by Seller on the Closing Date and shall include, any interest accrued to the tenant.
14. BUYER’S DEFAULT: If Buyer fails to comply with any Terms of this Agreement by the time set forth for compliance and Seller is not in default, Seller shall be entitled
to all initial and additional deposit funds provided for in section 4, whether or not Buyer has paid the same, as liquidated damages and both parties shall be relieved of
further liability under this Agreement. If legal action is brought to enforce any provision of this Agreement, the prevailing party shall be entitled to reasonable attorney’s
fees.
15. RISK OF LOSS, DAMAGE: All risk of loss or damage to said property by fire, theft or other casualty until delivery of Deed shall be upon the Seller. In the event of loss
or damage independently appraised at more than $5,000.00, Buyer shall have the option to receive any insurance payment on account of said damage and take Title, or
rescind this Agreement and receive back all Deposit money paid. In such case all rights and obligations of the parties under this Agreement shall terminate.
16. COMMON INTEREST COMMUNITY: If the property is a unit in a condominium or other common interest community, Seller will deliver the resale documents in
accordance with the local statutes and customs.
18. PROPERTY CONDITION REPORT: Seller and Buyer acknowledge that if a written residential property condition report is required by statute and Seller has not
provided Buyer with the required report, Seller will credit Buyer with the statutory fee at closing.
19. EQUAL HOUSING RIGHTS: This Agreement is Subject to all local statutory laws prohibiting discrimination in commercial and residential real estate transactions.
20. ADDENDUM: The following attached Addenda and/or Riders are part of this Agreement:
____ Seller’s Property Condition Disclosure; ___ Agency Disclosure; ____Title; ____Lead hazards
____ Dual Agency Consent ____Multi-family or Commercial Property Rider ____Other ________________________________________________________
22. FAX TRANSMISSION: The parties acknowledge that this Agreement and any addenda or modification and/or any notices due hereunder may be transmitted between
them by facsimile machine, e-FAX, or via email and the parties intend that a faxed document containing either the original and/or copies of the parties’ signatures shall be
binding and of full effect.
23. COMPLETE AGREEMENT: This Agreement contains the entire agreement between Buyer and Seller concerning this transaction and supersedes any and all previous
written or oral agreements concerning the Property. Any extensions or modifications of this Agreement shall be in writing signed by the parties.
24. NOTICE: Any notice required or permitted under the Terms of this Agreement by Buyer or Seller shall be in writing addressed to the Party concerned using the
address stated in Paragraph 1 of this Agreement or to such party’s attorney or to the party’s Listing Broker or Cooperating Broker designated in paragraph 17.
25. BUYER AND SELLER acknowledge receipt of a copy of this Agreement upon their signing same.
26. TIME TO ACCEPT: Seller shall have until __________________________________________________________________ to accept this Agreement.
27. SIGNATURES:
www.********.com
Last week Friday, I was doing some research in the public records department and noticed
that you were the owner of a property in <<County>>, <<State>>.
If you’ve ever considered selling this property, I want to buy it from you!
Can you relate to any of the following issues with your property?
§ Are you behind on your property taxes?
§ Are you having trouble selling it?
§ Do you feel burdened by this property?
§ Did you inherit it? No use for it?
§ Did you expect a “boom” in this area
but it never happened?
§ Does selling it seem like a hassle?
SCRIPT:
Hello, my name is ________. Are you interested in selling your
property? If you have any interest, please get in touch with me. I can
make you a cash offer on an as-is basis and close quickly.
Sincerely,
- Name
- Phone number
There are 2 primary methods for finding cash buyers when driving
for dollars…
1. For-Rent Signs
A for-rent sign in the yard let’s you know that there is a buy and hold
investor who is actively doing a deal in your target market and will
likely do another deal if you brought it to him/her.
Voicemail
If you get a voicemail message, don’t disclose that you are a
wholesaler looking to grow you cash buyer list. No one will call you
back. You need to appear as if you are a potential tenant so be vague
so you get a call back.
SCRIPT:
Hi, I drove by your property for rent on _________ street. Please
call me back at __________.
SCRIPT:
Hi, first of all, I’m a local real estate investor and work closely with
a group of other investors in the area, many of which own rental
properties and are often looking for good property management.
Can I get your contact info that I can share with my network?
SCRIPT:
Hi, I’m a local real estate investor and often acquire discounted
properties and wanted to find out if you were interested in picking up
anymore investment properties?
SCRIPT:
When/what type of deal are/will you be looking for next? If I brought
you a deal that fits your criteria, would you buy it?
By the way, I may have a deal that your boss (investor) may be
interested in. Can you give me his/her contact info so I can call
him/her?
Investor/Property Owner:
Once you get through to the property owner/investor or if he answers
the sign call directly, find out if he is a good cash buyer lead by using
the following script…
SCRIPT:
Hi, I’m a local real estate investor and often acquire discounted
properties and wanted to find out if you were interested in picking up
anymore investment properties?
SCRIPT:
When/what type of deal are/will you be looking for next? If I brought
you a deal that fits your criteria, would you buy it?
www.********.com
Last week Friday, I was doing some research in the public records department and noticed
that you were the owner of a property in <<County>>, <<State>>.
If you’ve ever considered selling this property, I want to buy it from you!
Can you relate to any of the following issues with your property?
§ Are you behind on your property taxes?
§ Are you having trouble selling it?
§ Do you feel burdened by this property?
§ Did you inherit it? No use for it?
§ Did you expect a “boom” in this area
but it never happened?
§ Does selling it seem like a hassle?
Motivated Seller
Cheat Sheet
The key to being able to make money in real estate is
finding good deals that you can flip for profit. In order
to find a good deal, you need to look for “motivated
sellers” This is your step-by-step guide for talking to
sellers to quickly determine how motivated they are. It
gives you the word-for-word questions to ask, so you
can talk to sellers with confidence knowing you’ll sound
like a pro.
What is a Motivated Seller?
It could be any one of hundreds of reasons. The point is, these are
properties where the owner is motivated to sell the property and even
though there is equity in the property, they would rather sell it quickly
just the way it is, just to be rid of it. To a motivated seller who’s facing
a hardship, they would rather have peace of mind by getting rid of
their unwanted property, then to try to keep it and fix and it and flip it
or rent it.
Time: _________________
MOTIVATED SELLER LEAD SHEET
Email: ___________________________________________________________________________________________________
PROPERTY INFORMATION
Brick/Brick Veneer Frame Alum/Asb. Siding CBS Stucco {CH/A or Window Units}
Year Built: _______________ Years Owned: ________________ Sq. Ft. (approx): ______________________
PROPERTY CONDITION
___________________________________________________________________________________________________________
___________________________________________________________________________________________________________
FINANCIAL STATUS
Property Is: Owner Occupied Rental: 6month/12month….How much $____________ Vacant: How long?___________
OTHER INFORMATION
Do you BOTH currently live in the home: (Y) (N) Both Parties: (Y) (N) Married Single Divorce Widow
Who lives there (H) (W)
How long in house: _________YRS Style of Home: 1 2 story SPLIT SFH CONDO TWNHOME
Sq. Feet: _______________ Pool (Y) (N) (Comm.) HOA Fees $___________How many HOA’s ____________
Garage 1 -2 -3 car: Carport (Y) (N) Drive Way (Y) (N) type: (Concreate) (Dirt) (Gravel) _____________
Lot Size: ________________ Special Features: ___________________________________________________
Notes:_____________________________________________________________________________________
__________________________________________________________________________________________
__________________________________________________________________________________________
__________________________________________________________________________________________
Is it in Excellent Condition (Y) (N) , or it Needs Some Repairs: what _(So if a realtor agent would walk in right
now – what do you think they would have you do to get your house ready) Any Repairs Needed: / Condition
of house: _________________________________________________________________________________
__________________________________________________________________________________________
__________________________________________________________________________________________
__________________________________________________________________________________________
If you had to put a Number on Repair Cost $: _____________________________________________________
Is there anything special about the house we should know? _________________________________________
! Well, it sounds really like a nice (decent) house, out of curiosity WHY are you selling? __________________
__________________________________________________________________________________________
! What do you think the house is worth $_____________ How did you arrive to that price:
______________
__________________________________________________________________________________________
Do you know what kind of loan you have, is it a VA , Convent., or an FHA? > How much is left (Balance) on
the: (because they always LIE – I ask again!)
1st loan: __________, Interest Rate ___%, Fix or Adj ____ Mo. Payment $ ________ Taxes&Ins. incl.: (Y) (N)
Do you have a 2nd loan? (Y) (N) Balance 2nd ________, Mo. Paymnt ______ HOA? $ _________________
TOTAL LOANS: $_______________________________>Equity: $____________________________________
> Are all the PAYMENTS CURRENT? (Y) (N)
If no, how much is it in arrears? $ ____________________ Has foreclosure been filled? (Y) (N)
When is the sale date?_______________
Motivation & Price
Is there a particular reason you are looking to sell at this time?
__________________________________________________________________________________________
__________________________________________________________________________________________
__________________________________________________________________________________________
How quickly are you looking to sell? ____________________________________________________________
__________________________________________________________________________________________
Can you close by ____________________________________________________________________________
What are you looking to sell the property for? ___________________ Is that price flexible? (Y) (N)
How did you establish that number? ____________________________________________________________
__________________________________________________________________________________________
If I can offer you cash and close quickly what is the best you can do? __________________________________
__________________________________________________________________________________________
Can you do any better than that? ______________________________________________________________
__________________________________________________________________________________________
What are you going to do if the property does not sell? _____________________________________________
__________________________________________________________________________________________
Mortgage Information
What do you currently owe on the property? (Y) (N) Any other liens or Mortgages? (Y) (N) What are they?
__________________________________________________________________________________________
Are you Current on the payments?__________ Months Behind?_______________
Amount Behind? $_____________________________________
Back Taxes:_________________ Other Lien Amounts: ____________________________________________
What is your monthly payment? ___________________ Does that include Taxes and Insurance?_______
Taxes:____________ Insurance:______
Commercial Property: Condo / Multi Family Total UNITS_______ Pool _________ Garages: (Y) (N)
Amenities: _________________________________________________________________________________
Unit 1: Bed______ Bath: ______ Rent: _______ Unit 2: Bed______ Bath: ______ Rent: ______ Unit 3:
Bed______ Bath: ______ Rent: _______
Unit 4: Bed______ Bath: ______ Rent: _______ Unit 5: Bed______ Bath: ______ Rent: ______ Unit 6:
Bed______ Bath: ______ Rent: _______
Private Lender
Credibility Packet
It’s critical that you sound professional when raising
money, and this resource includes a asset lender lead
sheet with over 20 questions to gain the trust and
confidence of lenders. Plus, you’ll get a cheat sheet of
the 6 steps to follow when using private money, so you’ll
look like a Pro!
Pre-Qualifying the Private Money Lender
When using private money to fund a fix and flip project, there are 6
steps to follow to secure and fund your deal.
•P romissory note
• Mortgage or deed of trust (depending on the state)
The private investor wires the funds for the purchase directly to the
title/closing company on day of closing (not to you). The title/closing
company records the mortgage or deed of trust with the county and
a recorded copy sent to the private investor.
Step 4: Renovations
Upon closing of the purchase, renovations are started. The rehab
is funded in draws for completed work: Once a portion of work is
completed, submit to the lender for a draw which includes:
Step 5: Payments
If the private lender is a debt investor (not equity investor), each
month you send an interest-only payment to the private investor
based on pro-rated balance (purchase plus draws).
Time: _________________
ASSET LENDER LEAD SHEET
Lender Name(s):
________________________________________________________________________________________
LENDING CRITERIA
Do you provide the rehab funds? Y/N Is there a draw inspection fee? ______________________________
What is the interest rate? ___________Are payments amortized or interest only? ______________________
Do you charge points? Y/N How many points? _______ Paid up front or at the end? _________________
What is the length of the loan? _____________ Do you allow extensions? Y/N Extension fees? __________
Can you provide Proof of Funds? Y/N What is the process to get P of F? ____________________________
These terms are good for how long? _________________Can you provide in writing? Y/N ______________
_______________________________________________________________________________________
_______________________________________________________________________________________
Wholesaler
Contract Pack
Learn the 3 ways to structure a wholesale deal and the
pros and cons of each including a set of 3 “fill-in-the-
blank” ready-to-use agreements so you can wholesale
houses without risk, and without ever getting stuck with
a house you don’t want.
3 Methods to Structure Wholesale Deals
3. Without making any repairs, find a new buyer to re-sell the property
to, ideally immediately after purchasing it.
4. G
et an executed contract to sell the property to a cash buyer using
the standard Purchase and Sale Agreement provided.
Pros:
The only benefit to doing a double closing is that your wholesale fee
isn’t disclosed to your cash buyer.
Cons:
The downside to doing a double closing is that you have to have the
funding to purchase the property as the buyer for closing 1, even if the
closings are back to back. The other downside is that since you’re the
buyer for closing 1 and the seller for closing 2, you’ll pay closing fees
for each closing, which cuts into your wholesale profit.
3. A
ssign your Purchase and Sale contract to new buyer using the
Assignment Agreement provided.
4. C
losing 1: New cash buyer steps in and closes as the buyer on
the purchase for the original contract amount and pays your
assignment fee.
Pros:
Since it’s a single closing, you don’t have to bring any funding to the
closing or pay and closing fees.
Cons:
The only downside is that your cash buyer knows exactly what your
wholesale fee is.
3. A
ssign your Option Agreement contract to new buyer using the
Assignment Agreement provided.
4. C
losing 1: New cash buyer steps in and exercises the option and
closes as the buyer on the purchase for the option amount and
pays your assignment fee.
Pros:
Since it’s a single closing, you don’t have to bring any funding to the
closing or pay and closing fees.
Cons:
The only downside is that your cash buyer knows exactly what your
wholesale fee is.
Whereas _________________________ has entered into a Purchase and Sales Agreement with __Owner of Record (SELLER) for
the purchase of ___________________________________, and whereas BUYER wishes to assign its rights, interests and obligations
in the Purchase and Sales Agreement, it is hereby agreed between ASSIGNOR and ASSIGNEE as follows:
2. ASSIGNEE is to put earnest money down with Sellers attorney: _______________________________ in the amount of
$____________________
3. ASSIGNEE is to make a down payment in the amount of $____________________with ASSIGNOR made payable to
____________________________________. This deposit shall be credited toward the total assignment fee and is NON-
REFUNDABLE with the only exception of good and marketable title not being available to ASSIGNEE.
ASSIGNOR
ASSIGNEE
Address: ________________________________________________
BUYER: ___________________________________________________________________________________________________________________
(Names of Buyers) hereinafter referred to as “Buyer” SS/Tax ID (Optional)
ADDRESS: _________________________________________________________________________________________________________________
(Address of Buyers) Town/City State ZIP
Seller agrees to sell and Buyer agrees to buy for the purchase price and upon the terms and conditions stated herein the real property with all buildings and other
improvements thereon and all appurtenances thereto, in the same condition as they were on the date of Buyer’s signature, reasonable wear and tear excepted.
2. REAL PROPERTY TO BE PURCHASED:
a) Street Address: ______________________________________________________________________________________________________
b) City/Town: ______________________________________________STATE _______________________________ ZIP____________________
c) Described as: _________________________________________________________________________________________________________
3. INCLUDED IN SALE PRICE: The Real Property shall include all items permanently attached to the property on the date Buyer signed this Agreement and: all screens,
storm windows, TV antenna, awnings. security, fire and smoke alarms, garage door openers with controls, venetian blinds, curtain/drapery rods, wall to wall carpet,
plumbing and heating fixtures (except portable heaters or rented water heaters), light fixtures, shrubbery and plants. Unless mentioned below, all personal property is
excluded.
ADDITIONAL PERSONAL PROPERTY, if any, to be included:
_______________________________________________________________________________________________________________________________________
_______________________________________________________________________________________________________________________________________
There is no leased personal property except:
____________________________________________________________________________________________________________________
d) By________________________________________________________...........................…………………………….$_________________________________
5. DEPOSITS: The Deposit(s) specified above shall be made at the stated times. All Deposits shall be made by check, payable to the Listing Broker or the attorney/title
company conducting the closing. All checks are subject to collection and failure of collection shall constitute a default. Except at time of dosing, when the deposit shall be
delivered to Seller or Seller’s designee, the Listing Broker shall not pay the Deposit to anyone without the written consent of all parties to this Agreement. In the event any
deposit funds payable pursuant to this Agreement are not paid by Buyer, Seller may give written notice of such failure to Buyer. If such notice is given and a period of 3
(three) days pass without Buyer paying the Deposit owed, Seller may declare Buyer in default and shall have the remedies set forth in Paragraph 14.
6. FINANCING CONTINGENCY:
a) Amount $______________________________; b) Maximum Initial Interest Rate _______%
c) Term: _ years; d) Commitment Date:________________________
e) Type: ____Conventional Fixed ____Variable ____FHA ____VA ____CHFA ____Other__________________________________________________
Buyer’s obligation is contingent upon Buyer obtaining financing as specified in this paragraph. Buyer agrees to apply for such financing immediately and diligently pursue
a written mortgage commitment on or before the Commitment Date.
f). If Buyer is unable to obtain a written commitment and notifies Seller in writing by 5:00 PM on said Commitment Date, this Agreement shall be null and void and any
Deposits shall be immediately returned to Buyer. Otherwise, the Financing Contingency shall be deemed satisfied and this Agreement shall continue in full force and
effect.
7. CONDITION OF PREMISES: Buyer represents that Buyer has examined the property and is satisfied with the physical condition subject to the Inspection Contingency if
applicable. Neither Seller nor any representative of the Seller or Buyer has made any representation or promise other than those expressly stated herein which Buyer has
replied upon in making this Agreement.
8. INSPECTION CONTINGENCY:
a) Inspections shall be completed and results reported to Seller on or before 5:00 P.M. on:_________________________________________
b)Seller agrees to permit Buyer’s designees to inspect the real property during the period from Seller’s acceptance until the date set forth in (a) above. If Buyer is not
satisfied with the physical condition of the real property, and so notifies Seller in writing prior to the date specified in (a) above, then Buyer may at Buyer’s option terminate
this Agreement. Buyer may give Seller the option to correct the conditions that are unsatisfactory to the Buyer. Should Buyer elect to terminate this Agreement or Seller is
unwilling to correct any unsatisfactory conditions the Buyer shall notify Seller on or before 5:00P.M. on:______________________ of Buyer’s election to terminate this
Agreement and if terminated this Agreement shall be null and void and any deposit monies paid hereunder shall be returned immediately to Buyer and neither Buyer nor
Seller shall have any claims against each other under the terms of this Agreement. If Buyer fails to notify Seller as provided herein, this contingency shall be deemed
satisfied and this Agreement shall continue in full force and effect.
c) If initiated below, Buyer does NOT choose to have any inspections performed and WAIVES any rights to object to any defects in the property that would have been
disclosed by a full and complete inspections.
11. WARRANTY DEED: Seller agrees to convey fee simple title of the Real Property to Buyer by a good and sufficient Warranty Deed subject only to any and all
provisions of any ordinance, municipal regulation, public or private law, restrictions and easements as appear of record, if any, provided they do not affect marketability of
title, current real estate taxes, water and sewer charges, and current water and sewer assessment balance, if any; except in those cases where a fiduciary’s Deed or other
form of court ordered deed may be required to pass title. Seller warrants that Seller has no notice of any outstanding violations from any town, city or State agency relating
to the property.
12. MARKETABLE TITLE: Title to be conveyed by Seller shall be marketable as determined by the Standards of Title of the Bar Association now in force. Seller
further agrees to execute such documents as may be reasonably required by Buyer’s title insurance company or by Buyer’s mortgage lender. Should Seller be unable to
convey Marketable Title as defined herein, Buyer may accept such Title as Seller can convey, or may reject the Unmarketable Title, receive back all Deposit money, and
declare this Agreement null and void. Upon such rejection and repayment to Buyer of all sums paid on account hereof, together with the reasonable fees for the
examination of title, this Agreement shall terminate and the Parties hereto shall be released from all further claims against each other.
13. ADJUSTMENTS: Real Estate Taxes will be adjusted as of the Closing Date. All other adjustments, including Association fees, fuel oil, water and sewer usage, interest
on sewer or water assessments, utilities, rent, if any, and issues regarding funds at closing and unavailability of releases at closing and like matters shall be adjusted pro
rata as of the Closing Date in accordance with the Residential Real Estate Closing Customs of , as adopted by the Bar Association, now in force.
Rent security deposits, if any, shall be credited to Buyer by Seller on the Closing Date and shall include, any interest accrued to the tenant.
14. BUYER’S DEFAULT: If Buyer fails to comply with any Terms of this Agreement by the time set forth for compliance and Seller is not in default, Seller shall be entitled
to all initial and additional deposit funds provided for in section 4, whether or not Buyer has paid the same, as liquidated damages and both parties shall be relieved of
further liability under this Agreement. If legal action is brought to enforce any provision of this Agreement, the prevailing party shall be entitled to reasonable attorney’s
fees.
15. RISK OF LOSS, DAMAGE: All risk of loss or damage to said property by fire, theft or other casualty until delivery of Deed shall be upon the Seller. In the event of loss
or damage independently appraised at more than $5,000.00, Buyer shall have the option to receive any insurance payment on account of said damage and take Title, or
rescind this Agreement and receive back all Deposit money paid. In such case all rights and obligations of the parties under this Agreement shall terminate.
16. COMMON INTEREST COMMUNITY: If the property is a unit in a condominium or other common interest community, Seller will deliver the resale documents in
accordance with the local statutes and customs.
18. PROPERTY CONDITION REPORT: Seller and Buyer acknowledge that if a written residential property condition report is required by statute and Seller has not
provided Buyer with the required report, Seller will credit Buyer with the statutory fee at closing.
19. EQUAL HOUSING RIGHTS: This Agreement is Subject to all local statutory laws prohibiting discrimination in commercial and residential real estate transactions.
20. ADDENDUM: The following attached Addenda and/or Riders are part of this Agreement:
____ Seller’s Property Condition Disclosure; ___ Agency Disclosure; ____Title; ____Lead hazards
____ Dual Agency Consent ____Multi-family or Commercial Property Rider ____Other ________________________________________________________
22. FAX TRANSMISSION: The parties acknowledge that this Agreement and any addenda or modification and/or any notices due hereunder may be transmitted between
them by facsimile machine, e-FAX, or via email and the parties intend that a faxed document containing either the original and/or copies of the parties’ signatures shall be
binding and of full effect.
23. COMPLETE AGREEMENT: This Agreement contains the entire agreement between Buyer and Seller concerning this transaction and supersedes any and all previous
written or oral agreements concerning the Property. Any extensions or modifications of this Agreement shall be in writing signed by the parties.
24. NOTICE: Any notice required or permitted under the Terms of this Agreement by Buyer or Seller shall be in writing addressed to the Party concerned using the
address stated in Paragraph 1 of this Agreement or to such party’s attorney or to the party’s Listing Broker or Cooperating Broker designated in paragraph 17.
25. BUYER AND SELLER acknowledge receipt of a copy of this Agreement upon their signing same.
26. TIME TO ACCEPT: Seller shall have until __________________________________________________________________ to accept this Agreement.
27. SIGNATURES:
W I T N E S S E T H:
WHEREAS, Seller is the fee simple owner of certain real property being, lying and situated in the County of
_________, State of _____________, such real property having the street address of
__________________________ ("Premises") and such property being more particularly described as follows:
(legal description)
WHEREAS, Purchaser desires to procure an option to purchase the Premises upon the terms and provisions
as hereinafter set forth;
NOW, THEREFORE, for good and valuable consideration the receipt and sufficiency of which is hereby
acknowledged by the parties hereto and for the mutual covenants contained herein, Seller and Purchaser
hereby agree as follows:
1. DEFINITIONS. For the purposes of this Agreement, the following terms shall have the following
meanings:
(a) "Execution Date" shall mean the day upon which the last party to this Agreement shall duly execute this
Agreement;
(b) "Option Fee" shall mean the total sum of a down payment of _____ percent (___%) of the total purchase
price of the Premises plus all closing costs, payable as set forth below;
(c) "Option Term" shall mean that period of time commencing on the Execution Date and ending on or
before ____________, 20____;
(d) "Option Exercise Date" shall mean that date, within the Option Term, upon which the Purchaser shall
send its written notice to Seller exercising its Option to Purchase;
(e) "Closing Date" shall mean the last day of the closing term or such other date during the closing term
selected by Purchaser.
2. GRANT OF OPTION. For and in consideration of the Option Fee payable to Seller as set forth herein,
Seller does hereby grant to Purchaser the exclusive right and Option ("Option") to purchase the premises
upon the terms and conditions as set forth herein.
3. PAYMENT OF OPTION FEE. Purchaser agrees to pay the Seller a down payment of ____ percent
(____%) of the total purchase price of the Premises plus all closing costs upon the Execution Date.
4. EXERCISE OF OPTION. Purchaser may exercise its exclusive right to purchase the Premises pursuant to
the Option, at any time during the Option Term, by giving written notice thereof to Seller. As provided for
5. CONTRACT FOR PURCHASE & SALE OF REAL PROPERTY. In the event that the Purchaser
exercises its exclusive Option as provided for in the preceding paragraph, Seller agrees to sell and Purchaser
agrees to buy the Premises and both parties agree to execute a contract for such purchase and sale of the
Premises in accordance with the following terms and conditions:
(a) Purchase Price. The purchase price for the Premises shall be the sum of _____________ ($__________);
however, Purchaser shall receive a credit toward such purchase price in the amount of the Option Fee thus,
Purchaser shall pay to Seller at closing the sum of ____________ ($___________);
(b) Closing Date. The closing date shall be on _______________, 20____ or at any other date during the
Option Term as may be selected by Purchaser;
(c) Closing Costs. Purchaser's and Seller's costs of closing the Contract shall be borne by Purchase and shall
be prepaid as a portion of the Option Fee;
(d) Default by Purchaser; Remedies of Seller. In the event Purchaser, after exercise of the Option, fails to
proceed with the closing of the purchase of the Premises pursuant to the terms and provisions as contained
herein and/or under the Contract, Seller shall be entitled to retain the Option Fee as liquidated damages and
shall have no further recourse against Purchaser;
(e) Default by Seller; Remedies of Purchaser. In the event Seller fails to close the sale of the Premises
pursuant to the terms and provisions of this Agreement and/or under the Contract, Purchaser shall be
entitled to either sue for specific performance of the real estate purchase and sale contract or terminate such
Contract and sue for money damages.
6. MISCELLANEOUS.
(a) Execution by Both Parties. This Agreement shall not become effective and binding until fully executed by
both Purchaser and Seller.
(b) Notice. All notices, demands and/or consents provided for in this Agreement shall be in writing and shall
be delivered to the parties hereto by hand or by United States Mail with postage pre-paid. Such notices shall
be deemed to have been served on the date mailed, postage pre-paid. All such notices and communications
shall be addressed to the Seller at ______________________ and to Purchaser at ___________________ or at
such other address as either may specify to the other in writing.
(c) Fee Governing Law. This Agreement shall be governed by and construed in accordance with the laws of
the State of _____________.
(d) Successors and Assigns. This Agreement shall apply to, inure to the benefit of and be binding upon and
enforceable against the parties hereto and their respective heirs, successors, and or assigns, to the extent as if
specified at length throughout this Agreement.
(f) Headings. The headings inserted at the beginning of each paragraph and/or subparagraph are for
convenience of reference only and shall not limit or otherwise affect or be used in the construction of any
terms or provisions hereof.
(g) Cost of this Agreement. Any cost and/or fees incurred by the Purchaser or Seller in executing this
Agreement shall be borne by the respective party incurring such cost and/or fee.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed under proper
authority:
Witnesses: "Purchaser"
___________________________ __________________________
___________________________
__________________________
Wholesalers
Active and local wholesalers who are posting their
deals for sale on Craigslist looking for cash-buyer
investors.
STEP 1:
Go to your local craigslist market (craigslist.org)
STEP 2:
Click on the tab “housing”
STEP 3:
Put a “key word” in the search bar that indicates
a distressed property and/or a motivated seller:
Replying to Posts
Once you identify a lead that you are interested in pursuing, you
will need to “start a conversation” by replying to the post. Your goal
is to find out if the property is still available for sale and get more
information so you can properly run the numbers and make an offer.
You will reply to the post differently depending on whether the lead is
a FSBO or wholesaler. Here are your copy and paste scripts…
When the seller responds, use the Motivated Seller Lead Script
provided at the end of this guide to gather data and analyze the lead
STEP 1:
Once logged-in, click “post”
STEP 2:
What type of posting is this: Select – “housing
wanted”
STEP 3:
Choose a category: Select – “real estate wanted”
STEP 4:
POSTING TITLE:
“We Buy Houses CASH, As-Is, Any Condition,
Close Quickly”
If you have a problem property or a troublesome situation, I may be able to offer you peace of
mind to wash your hands of a less than desirable property situation.
I am prepared to buy your house as-is... and will pay you all cash. Size, location or condition
doesn’t matter- even if you have little or no equity. I will even pay ALL the closing costs for you.
We are looking for properties in ___________ (your metro area market) and the
surrounding area and can pay cash and close quickly.
If you’d like to sell your home for a fair price, simply reply to this post with your info and phone
number and we’ll give you a call today and we’ll make you an offer -- no risk or obligation.
At the very bottom of the post add the following list of key words…
[known as “tags” these key words will help other investors searching for deals to
find your post]
Fix, fixer, upper, investment, real estate, flip, ARV, rehab, handyman, motivated, wholesale,
after repair value, arv, motivated, code violations, probate, foreclosure, REO, bank, bank
owned, rental, buy and hold, landlord, lease option, seller financing, subject-to, land contract,
condemned, cash buyer, as is, bankruptcy, cheap, need to sell, fast, repairs, equity, default
PA R T T WO
FLIPPING DEALS ON CRAIGSLIST
STEP 1:
Go to your local craigslist market (craigslist.org)
STEP 2:
Click on the tab “housing”
STEP 3:
Put a “key word” in the search bar that indicates a
distressed property and/or a motivated seller:
Craigslist will generate a list of posts that match the key word you
searched. This time, rather than looking for FSBO and wholesaler
leads (deals), look for cash buyers that are advertising to buy
distressed properties such as “we buy houses cash.”
Replying to Posts
Once you identify a lead that you are interested in pursuing, you will
need to “start a conversation” by replying to the post. Your goal is to
get the cash buyer’s contact info to add to your cash buyer list and
contact them about the deal you’re wholesaling.
STEP 1:
Once logged-in, click “post”
STEP 2:
What type of posting is this: Select – “housing
wanted”
STEP 3:
Choose a category: Select – “real estate – by
owner”
STEP 4:
POSTING TITLE:
“Handyman Specials, Cheap Fix & Flip Deals, Get
on Our VIP Buyers List”
Are you looking for deeply discounted fixer upper properties with built in equity?
Do you want to invest in real estate but can’t find the right deal?
As a premier real estate investment firm, we are able to acquire great investment
deals. Some deals fit our criteria to keep, but many of them we pass off to other
investors in the marketplace.
Due to our effective marketing initiatives, we’re able to acquire these deals at
steep discounts and pass those savings on to you! Whether you plan to buy and
hold as a rental property or fix up the property and re-sell it, check out our
inventory of available properties and be sure to join our VIP Property Deals List
today to receive notification about great deals as soon as they become available.
At the very bottom of the post add the following list of key words…
[known as “tags” these key words will help other investors searching for deals
to find your post]
Fix, fixer, upper, investment, real estate, flip, ARV, rehab, handyman, motivated,
wholesale, after repair value, arv, motivated, code violations, probate,
foreclosure, REO, bank, bank owned, rental, buy and hold, landlord, lease
option, seller financing, subject-to, land contract, condemned, cash buyer, as is,
bankruptcy, cheap, need to sell, fast, repairs, equity, default
STEP 1:
Once logged-in, click “post”
STEP 2:
What type of posting is this: Select – “housing
wanted”
STEP 3:
Choose a category: Select – “real estate – by
owner”
OPTION 2:
STEP 5:
POSTING BODY:
Great handyman special/fix and flip opportunity for a cash buyer. Won’t last
long. Contact me ASAP to access the property and for further details.
At the very bottom of the post add the following list of key words…
[known as “tags” these key words will help other investors searching for deals
to find your post]
Fix, fixer, upper, investment, real estate, flip, ARV, rehab, handyman, motivated,
wholesale, after repair value, arv, motivated, code violations, probate,
foreclosure, REO, bank, bank owned, rental, buy and hold, landlord, lease
option, seller financing, subject-to, land contract, condemned, cash buyer, as is,
bankruptcy, cheap, need to sell, fast, repairs, equity, default
STEP 1:
Once logged-in, click “post”
STEP 2:
What type of posting is this: Select – “housing
offered”
STEP 3:
Choose a category: Select – “real estate – by
owner”
OPTION 2:
STEP 5:
POSTING BODY:
At the very bottom of the post add the following list of key words…
[known as “tags” these key words will help other investors searching for deals
to find your post]
Fix, fixer, upper, investment, real estate, flip, ARV, rehab, handyman, motivated,
wholesale, after repair value, arv, motivated, code violations, probate,
foreclosure, REO, bank, bank owned, rental, buy and hold, landlord, lease
option, seller financing, subject-to, land contract, condemned, cash buyer, as is,
bankruptcy, cheap, need to sell, fast, repairs, equity, default
CO-WHOLESALING SCRIPT:
Hi, I am a local cash buyer and I noticed you advertise your
wholesale deals on craigslist. I currently have a great deal that I’m
looking to wholesale and I wanted to offer to split the wholesale fee
with you if you bring me a cash buyer. When is a good time we can
discuss my deal in further detail?
Time: _________________
MOTIVATED SELLER LEAD SHEET
Email: ___________________________________________________________________________________________________
PROPERTY INFORMATION
Brick/Brick Veneer Frame Alum/Asb. Siding CBS Stucco {CH/A or Window Units}
Year Built: _______________ Years Owned: ________________ Sq. Ft. (approx): ______________________
PROPERTY CONDITION
___________________________________________________________________________________________________________
___________________________________________________________________________________________________________
FINANCIAL STATUS
Property Is: Owner Occupied Rental: 6month/12month….How much $____________ Vacant: How long?___________
OTHER INFORMATION
Earnings Disclaimer: Any statements in our webinars, emails, and other communications should not
be interpreted as a promise or guarantee of earnings of any type what so ever. As with any business
or venture, the results you get will vary based on your desire, effort, persistence, ability to follow our
guidance, and an unknown number of variables which are beyond our control.