Keep 'em coming Lili! Your likeable personality, great speaking voice, awesome eyelashes and ability to educate makes me look forward to your videos!🙌🏾👏🏾I learn ton from you. Cant wait to you close that first deal🍾
Hey Lili, someone told me about your channel, so i'm trying to go through your videos, and then go through them again taking notes. followed by taking the first small action steps, I think i've have been trying to leap with weak knees. In my case, that was a real problem, and the focus was on the pain. While learning wholesailing, i was focus on the business set up and not the analyzing of one seller and property at a time. I find your relaxed approach more digestible, and less stressful. Thanks.😀😀😎🙏🙏
if you're seeing the property at the same time as your buyers, before you have it under contract, what stops your buyers from cutting you out of the deal?
She has the house under contract already before she has the buyers to come out to see it for purchase.Once it's under contract with her they can't cut her out because technically she has the equitable interest for the 10 day or whatever time is allotted in the contract terms
Thank you so much for these videos! I've recently started wholesaling and these have helped me a great deal! I do need help on how to build a buyers list...that's been the hardest part so far...
Do the buyers give the cash to you and you pay the agent? or do the buyers pay the agent directly? if so how do you get your cut and how does the agent get their 6% if the buyer is paying them directly but supposed to be representing you?
When you talk about your offer, you are not mentioning the ARV of the property. I am assuming you will get to it, but I am wondering if you consider the ARV while thinking of an offer?
So you contact a bunch of flippers/investors & invite them all to inspect the house? Is it awkward for the flippers to know they're competing with other flippers for the same property?
Hey Lili, I just wanted to say thank you for putting out all this raw content its great and very informative. You have taught me a lot when it comes to wholesaling but I do have one question. I wanna get into wholesaling but I currently dont have a car until February. Is it possible for me so wholesale real estate without actually going to see these properties?
I’ve been watching you a few weeks now, im proud of you as another African American female 💪🏾✨ prayer of success to your journey INQUIRE : Your website shows an ad for a $7 six page packet about wholesale but once you click it’s stated for $197… is this a glitch in the system ?
Hey Lili. I’m loving the journey. Not sure if you had already said this in a previous video but in regards to the 4 buyers that came to view the property, how did you find them and how did you market the deal for buyers?
Do you ever get questions regarding details about the proof of funds? I’ve lost 3 deals now because once the agent calls for details they don’t answer or call back
How do you wholesale a subject to deal? How is that assigned? I don’t understand what the language would be to the seller and cash buyer and how that contract would look?
Yas reporting that I am sure both are very expensive repairs to make however overall which of the two between roof damage and structural repair would you say is most alarming and my second questions is despite an added cost would it ever be a good idea to use a home inspector?
Lets goo!!! I feel like you got this one lol Questions: Was the property you put under contract for subject to listed by an agent as well? If so, did you have to tell the agent to put subject to conditions in the contract for you? And I'm assuming that your able to assign a subject to contract the same way you can assign a regular contract? Thanks for the content, keep it coming!
Lol thank you!!!! The sub-to house is a FSBO so no agent involved, but yep you can assign that contract the same way, although your cash buyer may not go through a title company if they don't want to transfer title, so you may just have to have them cut you a check before you give them your contract with the seller and put them in touch with the seller. Hope that makes sense lol
@@Liliinvests Interesting. I didn't know subject to was assignable. I'm a little confused about why a buyer wouldn't want to transfer title, but that's ok, I'll do a little research on it. Maybe you can explain it a little more in the video you drop about subject to. Thanks again!
One thing I’m confused about and maybe you can help me understand it better...you made this contract for this person to be able to get the money to get another house correct? So she was able to get the money while still living in the property? How does that work because I may have a house but this is the problem I’m running into and I haven’t seen many videos on it
Hi I started doing wholesaling and I wanted to know what is financing contingency is and what to put on the contract because I got my contract on flipster and I think u mentioned that website on ur video.
Financing contingency doesn't apply to wholesaling and cash purchases, you need to get a due diligence period. Contracts differ by state but keep watching videos to learn how to fill them out, or you can book a call with me here www.calendly.com/lilithompson
@@Liliinvests curious for other properties; how are you providing the proof of funds letter, since you paid the $100 and then cancelled the subscription for flipster?
@@Liliinvests appreciate the quick response. I currently don't have instagram, but my fiance is going to reach out to you, since we are both very interested.
Hey Lili, nice video, just one question does the realtor get a cut or fee from this, also aren't you risking losing the deal when you allow the buyers to meet your realtor or seller
I just recently started to wholesale and getting a buyers list has been the most difficult part so far. I'm brand new to this so my name isn't out there in the RE world yet. How can I find cash buyers? I'm on FB and IG pages ( no in person REI stuff because covid) ...just wanting to know if there is anywhere else I can look. Thanks!
Love your videos. Your message is concise and genuine. Hi, I am Arjohn, I am working on behalf of Rob Beeman, Owner of Funding 4 Properties. I am looking for someone who is in need of funding for their real estate business. We offer rental property financing, multifamily bridge financing, ground-up construction, and a lot more.
![My First Wholesaling Deal! [Wholesale Real Estate for Beginners]](http://i.ytimg.com/vi/eIRYUD6cYOE/mqdefault.jpg)
![My First Wholesaling Deal! [Wholesale Real Estate for Beginners]](/img/tr.png)
HOW CAN I BEST HELP YOU GET YOUR FIRST DEAL?: www.liliinvests.com/survey
How do I get "on the mls"?
@@seanconerly639 Great question! Join me every Wednesday at 7pm central on Instagram live for my Q&A session :) instagram.com/liliinvests
Ayeee! Thanks for the content! Helps a lot !!! I stay in okc. Let’s link something?
She's killing it!!!!! Hopped right in the game, congrats, keep the content coming
You've gotta get back on the horse right? Thanks for the support, more updates to come :)
I love the little snippets of Shuri. Such a beautiful bird.
Home buyers have agents....investors have Lili. You work like a RE agent bigtime. Lots of work! I love it.
I’m starting my real estate investment journey now! I can’t wait to see more of your content keep it up!
You got this!
Nobody’s giving this kind of walkthrough and info. Keep killing it.
Keep 'em coming Lili! Your likeable personality, great speaking voice, awesome eyelashes and ability to educate makes me look forward to your videos!🙌🏾👏🏾I learn ton from you. Cant wait to you close that first deal🍾
Awww this is so sweet! Thanks for watching and for the encouragement!!
I second all of this, especially the eyelashes comment.
Subject to and creative financing is the MOVE! Great way to build your personal portfolio also!
Totally agree!
I've been binge watching your videos today. You have great valuable content.💪🏾🔥
I have only watched this playlist. But my question is are you doing this as a business/LLC or just as an individual at the moment?
I am still waiting on my first deal you got your in 2 weeks wow
Soon!
Hey Lili, someone told me about your channel, so i'm trying to go through your videos, and then go through them again taking notes. followed by taking the first small action steps, I think i've have been trying to leap with weak knees. In my case, that was a real problem, and the focus was on the pain. While learning wholesailing, i was focus on the business set up and not the analyzing of one seller and property at a time. I find your relaxed approach more digestible, and less stressful. Thanks.😀😀😎🙏🙏
That was such an education! Thank you for sharing! :) And I knew you came from "good stock"-- dad has a HAWK! :) HOW COOL IS THAT?!
if you're seeing the property at the same time as your buyers, before you have it under contract, what stops your buyers from cutting you out of the deal?
She has the house under contract already before she has the buyers to come out to see it for purchase.Once it's under contract with her they can't cut her out because technically she has the equitable interest for the 10 day or whatever time is allotted in the contract terms
These vids are helping me out a ton!!!!!!
Congratulations I have been watching you show you are really really good
Thank you so much!
Thank you so much for these videos! I've recently started wholesaling and these have helped me a great deal! I do need help on how to build a buyers list...that's been the hardest part so far...
Do you have a video on creating a contract? I'm really stuck on that part. Thank you.
Coming soon!
Ahhh thank you! 💛
Doing good out there !!! I’m soooo hesitant to go out there and truly start idk 😭
You can do this! Book a call with me if you need a helping hand: www.calendly.com/lilithompson
this is gold much appreciated
Hey Lili, did you ever have any reservations or fear of having your buyers interface with the seller’s agent at the house?
Do the buyers give the cash to you and you pay the agent? or do the buyers pay the agent directly? if so how do you get your cut and how does the agent get their 6% if the buyer is paying them directly but supposed to be representing you?
Do you mind dropping the link to your offer sheet? By the way your video was very helpful I really learned
a lot so thank you ❤️
Lili, do you have a book? Because, if you do, I want it. I like your spell.
Hey Lili your content is amazing!! I love watching you, how did you find your cash buyers?
When you talk about your offer, you are not mentioning the ARV of the property. I am assuming you will get to it, but I am wondering if you consider the ARV while thinking of an offer?
So you contact a bunch of flippers/investors & invite them all to inspect the house? Is it awkward for the flippers to know they're competing with other flippers for the same property?
You are super inspiring!! I’m just starting out! Sooooo many questions lol
BEAST MODE
Thanks!
if you have an agent involved do they have to be there with you everytime you go show the property? since they represent you.
do you have to resubmit paperwork to the title company when you renegotiate?
Hey Lili, I just wanted to say thank you for putting out all this raw content its great and very informative. You have taught me a lot when it comes to wholesaling but I do have one question. I wanna get into wholesaling but I currently dont have a car until February. Is it possible for me so wholesale real estate without actually going to see these properties?
I’ve been watching you a few weeks now, im proud of you as another African American female 💪🏾✨ prayer of success to your journey
INQUIRE : Your website shows an ad for a $7 six page packet about wholesale but once you click it’s stated for $197… is this a glitch in the system ?
Hi, I'm trying to understand you find the houses for the buyers and you get a cut?
Hey Lili. I’m loving the journey. Not sure if you had already said this in a previous video but in regards to the 4 buyers that came to view the property, how did you find them and how did you market the deal for buyers?
th-cam.com/video/5gT6K2-Yphg/w-d-xo.html
I can’t do dual agency in Texas. What do you recommend?? Dual agency is just to get the realtor to be in my corner right? Not really necessary…?
Do you ever get questions regarding details about the proof of funds? I’ve lost 3 deals now because once the agent calls for details they don’t answer or call back
I hope she answers.
How do you wholesale a subject to deal? How is that assigned? I don’t understand what the language would be to the seller and cash buyer and how that contract would look?
Yas reporting that I am sure both are very expensive repairs to make however overall which of the two between roof damage and structural repair would you say is most alarming and my second questions is despite an added cost would it ever be a good idea to use a home inspector?
Looks like you're doing a great job! Keep it up!
Doing my best!
Is it recommended have a Real Estaste license for Any of what you do? If so I what are the advantages?
Nice work. Was this the same combative agent you dealt with in the other vid?
No this is a different agent lol she's been cool
Did you already have the houses under contract with the agent before you had your buyers show up and walk thru?
I think my comment got deleted 🤦🏾♂️!
You definitely motivated me to switch lanes ! This young sister is leading the wave ! 💎💯
Keep at it, and I will too!
Is your offer sheet still available? I didnt see it on your website.
Shoot me a DM in my free community and we can chat more about it. [www.liliinvests.com/community]
How do you set up a portfolio on a house to send to a cashbuyer
Google drive!
How much do inspections cost if I hired someone? I’m trying to avoid doing them myself.
call someone local and ask. prices are different everywwhere
Lili Thompson thanks. Can I have the buyer cover the cost?
@@naimokhalif747 no but you don't always need an inspection unless you really want to get one. your buyer's can pay for their own if they want it.
Lulú, you mentioned that we can download your information. When I try to download it says that it invalid, can you please help?
Thank you
I want to be just like you !!
You've got this! Just start running your numbers and making offers :)
Lets goo!!! I feel like you got this one lol
Questions: Was the property you put under contract for subject to listed by an agent as well? If so, did you have to tell the agent to put subject to conditions in the contract for you? And I'm assuming that your able to assign a subject to contract the same way you can assign a regular contract?
Thanks for the content, keep it coming!
Lol thank you!!!!
The sub-to house is a FSBO so no agent involved, but yep you can assign that contract the same way, although your cash buyer may not go through a title company if they don't want to transfer title, so you may just have to have them cut you a check before you give them your contract with the seller and put them in touch with the seller. Hope that makes sense lol
@@Liliinvests Interesting. I didn't know subject to was assignable. I'm a little confused about why a buyer wouldn't want to transfer title, but that's ok, I'll do a little research on it. Maybe you can explain it a little more in the video you drop about subject to. Thanks again!
Great video! Do you get your earnest money back if you can't find a buyer?
Lili, I want to work on your Acquisitions Team! How can I find out more about getting involved?
Hi, thanks for watching! You may contact us here: lili@liliinvests.com
One thing I’m confused about and maybe you can help me understand it better...you made this contract for this person to be able to get the money to get another house correct? So she was able to get the money while still living in the property? How does that work because I may have a house but this is the problem I’m running into and I haven’t seen many videos on it
Hi I started doing wholesaling and I wanted to know what is financing contingency is and what to put on the contract because I got my contract on flipster and I think u mentioned that website on ur video.
Financing contingency doesn't apply to wholesaling and cash purchases, you need to get a due diligence period. Contracts differ by state but keep watching videos to learn how to fill them out, or you can book a call with me here www.calendly.com/lilithompson
Do you work with any JV partners, and would you say they are necessary when first getting into wholesaling?
Hey Lili, Do you do mentorship?
How do you structure your fees with an RE Agent involved?
watch this: th-cam.com/video/HXBWDczPq1k/w-d-xo.html
the agent's fee is paid by the seller, your fee is paid by your cash buyer
How do you find out what other properties in the area are selling/sold for?
Should be a Redfin filter that shows you what has sold up to a year out!
Hey Lili great content as usual! Have you started investing outside of OK?
Do you make your own contracts ?
Keeping going dis❤️(off topic) you suggested in a previous video to watch Jerry Norton, I wanted to know is it worth $1000 sign up fee?🤷🏾♀️
I only signed up for flipster to get a proof of funds letter, I didn't do the other program
@@Liliinvests curious for other properties; how are you providing the proof of funds letter, since you paid the $100 and then cancelled the subscription for flipster?
@@iridescentdamage message me on instagram @LiliInvests
@@Liliinvests appreciate the quick response. I currently don't have instagram, but my fiance is going to reach out to you, since we are both very interested.
@@iridescentdamage looking forward to it!
Hey Lili. Where did you find the buyers?
Do you have a real estate license because you definitely have a lot of info
Do the investors bring the contractors or do you?
Is earnest money you put as a deposit is returned to you if you completed the transaction. And how can you loss the earnest money?
Yes you have your cash buyer deposit EMD and you get yours back. You lose it if you don't cancel your contract in time
@@Liliinvests thank you so much! I really want to learned this business . Thank you for helping me, I really want to start wholesaling
@@geovanymartinez3482 Yes absolutely! You should go for it! If you want to work with me 1on1 you can book me here: www.calendly.com/lilithompson
@@Liliinvests thank you for helping me im will !! People now will not help you at all, im grateful for your time.
@@geovanymartinez3482 Yes I do my best! Its tough over youtube comments but I enjoy sharing everything I'm learning. I hope to work with you soon
Hey Lili, nice video, just one question does the realtor get a cut or fee from this, also aren't you risking losing the deal when you allow the buyers to meet your realtor or seller
Nope. Realtor commissions and wholesale fees are separate
do you find buyers before offering your amount?
Lili i want you to be my friend!!! THANK YOU FOR THESE VIDEOS
Offer sheet no longer available?
I just recently started to wholesale and getting a buyers list has been the most difficult part so far. I'm brand new to this so my name isn't out there in the RE world yet. How can I find cash buyers? I'm on FB and IG pages ( no in person REI stuff because covid) ...just wanting to know if there is anywhere else I can look. Thanks!
The link for your offer sheet is just text, it didn't post as a link.
bit.ly/3n2N0sh
Do you have a mentor?
Where'd you get your mask from?
amazon!
Lili I have a neighbor that wants to sell her property because her dad died, what is my first step into this?
Okay. I found a property, what do I do next?
What’s the furthest you ever drove for a property ?
ur goated
Can't get the template,, can you email me a copy please
What issue are you having with the download?
Your offer template..
Love your videos. Your message is concise and genuine. Hi, I am Arjohn, I am working on behalf of Rob Beeman, Owner of Funding 4 Properties. I am looking for someone who is in need of funding for their real estate business. We offer rental property financing, multifamily bridge financing, ground-up construction, and a lot more.
These thumbnails are really bad.