Re: It’s not so easy… - Posted by james
Posted by james on February 24, 2002 at 24:28:27:
how many offers have you made since beginning the course. did you create several alternative offers in case the initial one wasn’t accepted? do not give up, but not to sound rude in addition, did you think that you would come here and convince those that are successful that it doesn’t work when we know it does.
what is your credit situation like? your credit score will be only one of many things a lender looks for.
let me tell you what i would do, if i was starting over again. i would look for a seller who has a ad in the paper that sounds like it is creative by the wording. you will not get a creative finance deal out of an ad that says something like 3 bdr, 1 bth sf home, good neighborhood, recently updated or renovated. recently appraised for 79,000.00. this is a retail only ad. this means that they want a downpayment and you to get a mortgage. you need to look for ads that say fixer upper, buy like rent, low down, possible owner finance, etc. call the seller up, and do the property analysis form and get all the questions answered. then ask the seller the following.
if i can show you a way to sell your property creatively where we all win would you be open to some offers that do not fit into a standard purchase category. you will get his/her attention fast, and then it is your job at this point to sell the deal.
if you give up, you will never build wealth in this business. oh yea and not to sound rude again. if you got to college and get that expensive piece of paper, you’ll probably end up working for investors like me, anyway. lol.