1:14 An “all-cash” offer, with no financing contingency (no need for approval from a bank) 2:35 Provide a real proof of funds (like a statement from your buyer’s bank showing that the current balance is more than enough to pay for the property) 3:48 Removal of contingencies (inspection, etc.) 5:15 Earnest money deposit 6:46 Close faster
There are always closing costs involved. As for who pays them that depends on what the purchase and sale agreement says. The buyer could pay all closing costs, the seller could pay all closing costs, or they can be split evenly between the buyer and the seller.
Your videos are like a major college textbooks on the subject of wholesaling. You offer details to avoid many undesired situations. If I studied your content carefully I could have avoided the following: After securing the contract I went on to FB to look for a buyer who could potentially send the EMD to the title Co. My buyer was local -unlike myself - drove to see the realtor in person and cut me out of the deal. The memorandum could have saved me! Jerry - you are the flipping genius!
Jadwiga... you will go far, creating a way to profit, in multiple expressions... Experientially, Financially and, Growth as an Individual! 😃🎉 Blessing*SharonZ WA
I do live in Central Florida which would be a good market for wholesaling. Always looking for areas that are hot enough markets to where can get good comps. So far earnest money is biggest draw back so far. Could maybe look to JV with someone with more experience in the future. Also looking for depressed properties in areas that buyers will want to buy in not rough areas. So far properties that are older than 1950 that are two stories are hard to comp.
![Simplify Your Offer Numbers! | Wholesaling A Million Dollars A Month Masterclass [Video 5]](http://i.ytimg.com/vi/_wgdYy-usUk/mqdefault.jpg)
![How to Wholesale AFTER Getting The Contract [Step by Step]](/img/n.gif)
Way to go Jerry you are a Flipping genius
1:14 An “all-cash” offer, with no financing contingency (no need for approval from a bank)
2:35 Provide a real proof of funds (like a statement from your buyer’s bank showing that the current balance is more than enough to pay for the property)
3:48 Removal of contingencies (inspection, etc.)
5:15 Earnest money deposit
6:46 Close faster
Thank you!! ☺️
She’s SO ADORABLE 🥰
Thanks Jerry for your valuable information.👍🙂
Thanks so much Jerry @Jerry Norton can't wait to come to your class 🙏🏻
Thanks Jerrry your content is drawn from experience, hence practical and high in value.
Way to go Jerry you’re a flipping genius.
Thanks Jerry, bunch of precious info!!!
Jerry has James Bond security letting everyone know he has bags full of cash laying around the house 🏠?🤔🤑💰👍
Jerry what are the best markets to wholesale in?
Love that you included your daughter! You are a Flipping Genius and an awesome Daddy!
If anyone needs help with their deal hit me up!!🔥
JERRY JERRY JERRY!
YOU ARE A FLIPPIN GENIUS
This was great thank you
Way to go jerry you are a flipping genius
I would like to know more abour dealing with cash Buyers i feel that now they only want to give bottom $.
Way to go Jerry, you are a flipping genius
That emd on the 1st example of 10k end and 2 weeks basically said if I don't close in two weeks it's a free 10k to the seller. DOPE
Great Video, I personally don’t have the hard proof of funds. But it’s fair game in my opinion!
Are there any closing cost involved? and if so, who usually pays them?
The buyer
There are always closing costs involved. As for who pays them that depends on what the purchase and sale agreement says. The buyer could pay all closing costs, the seller could pay all closing costs, or they can be split evenly between the buyer and the seller.
Your videos are like a major college textbooks on the subject of wholesaling. You offer details to avoid many undesired situations. If I studied your content carefully I could have avoided the following: After securing the contract I went on to FB to look for a buyer who could potentially send the EMD to the title Co. My buyer was local -unlike myself - drove to see the realtor in person and cut me out of the deal. The memorandum could have saved me! Jerry - you are the flipping genius!
Jadwiga...
you will go far, creating a way to profit, in multiple expressions...
Experientially, Financially and, Growth as an Individual! 😃🎉
Blessing*SharonZ WA
@@sharonzzevenbergen4840 Thank you Sharon.
I’m wondering where your daughter got all that cash from 🤔
Love your videos extremely helpful
Keep them coming🙏🏼
I do live in Central Florida which would be a good market for wholesaling. Always looking for areas that are hot enough markets to where can get good comps. So far earnest money is biggest draw back so far. Could maybe look to JV with someone with more experience in the future. Also looking for depressed properties in areas that buyers will want to buy in not rough areas. So far properties that are older than 1950 that are two stories are hard to comp.
10 kids! Someone put a tv in this man’s house… 😆
I don’t know if a lack of a television is the blame, some one is a genius at cuddling 😂
So let's say that Nutella Spread is so good that even if there is a foundation issue you will still make money. Remove the contingency on the offer?
Way to go Jerry! You’re a flipping genius 🫡🫡🫡