OfflineSteve and I closed on our second real estate deal today on a deal that we bought for $54K and sold for $69,900. Total rehab costs were about $60 because we only changed the locks on the property from the time we bought until we sold. We did an owner finance deal with $13K down and 12% finance, so if the buyer pays off on schedule and not early, our profits will end up being closer to $100K.
The first time we ever considered doing any real estate transactions was right after we bought the rock bottom blue print and followed the 30 days to quick cash formula. The program works! We have another contract pending that was also supposed to close this week, but there is a hiccup with some guardianship paperwork, but once that works itself out, we will have wholesaled that deal for $5K and a total investment of $10 for deposit.
Anyway, better go run to round up some more deals since everything we had is now locked up with an end buyer.
Congratulations to you and your husband! great deal, and great timing!! Looking foward to hearing about your 3rd deal too!! very inspiring!
Valerie
Valerie
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Very nice deal, keep up the great work!
Jeremy
This train, Dreams will not be thwarted
This train, Faith will be rewarded
Big wheel roll through fields where sunlight streams
Meet me in the Land Of Hope And Dreams
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Way to go, Susan! I know you had a couple homes before this one that you guys were working on, and you had trouble with it. What was your first deal, or did I miss it?
Wow this is amazing and inspiring! Im looking forward to working with my husband to doing deals like this. Great job and thank you for showing us that it can be done!
Kingston Investor
On a very nice deal. I am sure the money will come in very handy this time of the year. Now go get another deal!!!...Jan
Great job, Keep it up and move on to the next one .
Curtis Fillers
(Charlotte,NC)
I think you won the bet between you and Ken?
Anyway thats a great deal! 16k?! Man...
Keep it up!
RENinja
"Remember, success is a journey, not a destination.
Have faith in your ability."
Bruce Lee
Congrats on your remarkable deal. God Bless.
Sandra
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Superb job, Dean's stuff works I betcha! (if you would work)
You gonna leave a great legacy for your two adorable children there!!!
Real Estate Investor, if you would like the chance to work with me in the US East Coast, send me a PM (Private Message) anytime to see if we are a good fit for each other.
Wishing you abundance,
Ken Siew
thats great that you closed on your second deal. So on one of your deals you only put a $10 EM deposit?
I am so impressed with the work you have done so quickly
WOW !! 16K ??? That is awsome ! I want some of that !!! You have definitely taken action and not just sitting on the sidelines procrastinating like some of us...hmmmm...Gotta get it all together and make it happen !!!
you inspire me...Have a great day.
Peace,Love and $$$
XO
Angie
Congratulations on your recent success, you have definitely gone out and taken some serious action.
I really like the way you had the ability to get creative and do a deal with owner financing for easy cash flow!
Make sure you stick with any properties that may have some correctable title issues. I have had some properties take 3-4 months to close just to get title cleared up for the end buyer! Don't give up on it and stick with it until the end.
To Our Success,
Larry F
The Flip Kid
Check Out my blog at: http://www.theflipkid.com
"We succeed because we pay our dues to meet our goals, and in doing so we expand our personal genius"
Larry F.
The Flip Kid
congrats!!!! that's awesome!!!
could you tell me what the rockbottom blueprint is? and is the 30 days to
quickcash you mentioned his new book with the yellow cover?
thank you.
cynthia
Yes 30 days to real estate cash is the book with the yellow cover. The rock bottom blueprint is a series of books and tools that dean released several months ago that tells you what to do from start to finish.
Bless and be blessed!
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hi alex thanks for the response. i checked for it on products for sale but it
wasn't there. i bought the book and according to dean it's all i need.
thanks for the blessing, back @ ya
cynthia
Thank you. Yes I believe the rbbp was a limited production series and not available after all were sold. I have 30 days to real estate cash and it is all you need.
Bless and be blessed!
Check out my websites! Want to make $100+/hr? Need a free will? Unlimited Legal advice/representation or ID theft protection and restoration? Go to:
www.Legalshield.com/hub/
www.acareerchange.info
Www.essanteorganics.com/3andfree
www.alexandmollygriffee.info
AWESOME!! the rbbprint WORKS!! follow the recipe and watch what happens!! Congratulations.seller financing is like MAGIC.......you R the bank ........doesn't take long to rack up the CA$HFLOW!!!!
JAY
Click Here For homepage www.jaysthilaire.com
need to sell ? http://www.jayhousebuyers.com
Need me to FINANCE a home ? http://www.jaysrenttoown.com
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Got the Blueprint in August, then had a huge fire and after spending pretty much all my time when I wasn't at work cleaning things up for the past 6 months I'm just now getting back to doing something with it.
This (and all the other stories of success by the folks that got the Blueprint and used it) are AWESOME and are of immeasurable value when I get a bit frustrated or discouraged.
Congratulations to all of you on your successes - and THANK YOU for sharing them with those walking in your footsteps!
Good to read these comments. I'm in days 6-10 with this book. I'm doing everything it says and I'm excited for the next 25 days! Can't wait for my first deal.
We are supposed to close on deal #3 on Friday and we are waiting on some guardianship issues with deal #4. We have an offer on deal #5. So, we're trucking along. You have to take action and it gets discouraging because you don't have all the answers at your fingertips all the time, so there is definitely a learning curve, but it works. 4 of our 5 deals were from bandit signs or FSBOs found on Craig's List. The one we are closing on Friday is from the MLS with the 25 to 1 strategy. That strategy definitely works, but you have to follow the formula exactly and be honest with your agent on your strategy to make sure he/she is on board with your strategy. We finally found one that understands what we are doing and is good with it and she will make about $1,000 off of us after submitting about 15 offers for us on Friday! Besides the paperwork, it really was very little work for her. -Susan
Hi isnt wonderful that we have minds that can be used and isnt it a joy to see the benefits when we use the best computers ever designed in the way they were ment to be used. Like your creative way to do deals a win-win for all, Jim
jbischoff
Congratulations!!
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Keep it up!