OfflineI called a local real estate office in my area and the receptionist answered the phone and i said im Adam, a local investor and im looking to buy, fix, and flip and make 20k-25k a house. Then i said who would be the most qualified person in your office to help me accompolish this goal? Then she connected me to an agent and i told her the same thing. Then me and the agent started talking a little. Then i asked her where are all the activce investors? Hot spots? and the price range of homes that are selling the fastest. Then she told me ill email u a list of homes sold of 2br,3ba under 50000 in my area. And she did that. She asked me about proof of funds and i said cash. But taht answer really didnt seem to satisfy her. Then i said i work with a pool of cash investors. Then she said are u new and i said ive been doing this for a year. Then she asked me how many deals have u done? Then i said if i told u u wouldnt believe it. Then it stopped there. The thing that bugs me about practicing this strategy is it feels like im lyin and being dishonest. I really dont have money to buy,fix, and flip a house. I havent done any deal yet either in a year. I know DEAN tells you in THIRTY DAYS TO REAL ESTATE CASH,you are just tryin to figure out the mindset of the agent. But i dont feel comfortable lyin on the phone because im a very honest person and i like to be professional. Is there any advice or support of how i could get rid of this uneasy feeling when practicing this strategy? AND what should i tell them if they ask for proof of funds? Need SERIOUS HELP ON THIS ONE!
25:1 strategy
Posted on: Thu, 05/31/2012 - 18:35
does anyone think i made any progress? I just called another realty office today. Im doing everything im told to in thirty days to real estate cash.
if they ask just go to reiclub.com they will give you a free proof of funds letter
link below
Mike
https://tvallc.isrefer.com/go/RehabLite/renvestr/ Free tools
LYING IS WHEN YOU HAVE / ARE PLANNING TO TOTALLY AND COMPLETELY DECIEVE AND OR CHEAT SOMETHING / SOMEONE FOR THE BETTERMENT OF SELF.
NONE OF US HAVE ANY INTENTIONS OF DOING THAT ....WE'RE ABOUT HELPING PEOPLE HELP THEM SELFS AS WELL AS US EVERY BODY IN THE DEAL BENIFITS ( SELLER, INVESTOR, BUYER) AS WELL AS THE AGENT THAT HELP YOU ( YOUR AGENT)FOR THE BETTERMENT OF ALL......HOPE THIS HELPS
Harvey Sanford
You are doing everything right and I understand how you are feeling. All of this is new for you so even the obvious things can feel a bit uneasy. Even when you are a cash buyer the agents will still ask for proof of funds. You can print off a proof of funds letter at www.coastal-funding.com or www.besttransactionalfunding.com. There are several sites out there where you can print them off. You can print as many as you need in a day. Do one per transaction.
When you are talking to agents, let them know that you work with a group of investors and "we" are cash buyers (always refer to you and your investors as "we")"we can provide proof of funds.
If you are feeling uneasy - let your agent know that you are new but the investors you are working with have done multiple deals but you are still figuring it all out. Your agent will help you. The agent just wants to know that you have money and/or investors or you are wasting yours and their time. I hope this helps - don't worry, the more you do this the easier it gets!
good luck!
KEEP MOVING FORWARD
"If it is important to you, you will find a way. If not, you'll find an excuse."
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