I just bought your course and I want to thank you! Thank you for who you are! I just watched the who, what and why. At the moment I am in the initial stages and feel that your course will provide me with the knowledge needed!!
Yo Yo, I'm extremely thankful for your support. As you can tell, We do our best here w/ my team to make things as transparent as possible. Do I have all the answers, NO. I'm still working on mastering this game. IT's a game of stamina so you make more money the longer you own the property. Stay in touch and👉Make sure you join our email list so you don't miss any exclusive trainings, events or Questions of the DAY: aw8d9fb.aweb.page/p/6cca7548-b8c4-4a7e-a6b6-9cdc9b706c48
Great Q, we'll do this next week for our QOTD, 👉Make sure you join our email list so you don't miss any exclusive trainings, events or Questions of the DAY: aw8d9fb.aweb.page/p/6cca7548-b8c4-4a7e-a6b6-9cdc9b706c48
Something seems off. Pls tell me , what are people saying about ur deals. When money doesn’t show up for deals, it usually means, from my experience, there’s a value issue or a desirability issue. This sounds familiar and in some instances, ur offer will need to be substantially below value when the area is NOT desirable. Well, what does that mean? Some areas are C and D class, means crime and sales are slow plus shopping is limited. We must look inward when money doesn’t show up because it’s been many years for me that I have NOT been able to finance any deal we showed to our lenders. And last, how many people did u show my prospectus to for ur deals? In my lifetime, it’s only taken about 5 people to look at my presentation to then loan us money. Thx
common thing everyone says about it when I tell them is that they don’t want to tie up the money for that long. I have a prospectus and I show everyone I think would have savings, even people I work with and I get no response simply because I just don’t think they understand it even with a prospectus. I would say they in a C class area. Not a A+ class area but the value is clearly there. I own two other properties already in that same area and trying to buy two more on that same block. One of my tenants in there is on an agreement for deed and is a contractor that does the work on them. So they are remodeled and all. To me it’s does make sense for a lender being if you lend 60k and for whatever reason I get ate by sharks, you now get a property worth two times the amount (250k) already cash flowing. Sometimes I think people just pass over a great opportunity to lend because they let there thought cloud their judgement. I can see if I was some rookie but I’m not. I’m a private myself and own multiple properties other than in VA. It reminds me of institutional banks just too much red tape. I got other properties if that want to use that for collateral. (They actually worth 250k not 175k. I mistyped earlier )
@ most just say they don’t want to tie up the money for that long. But if it’s at 12% lending out 60k for both properties and they are worth 250k and the other 150k. To me that’s a no brainer. Ive shown everyone and they momma the prospectus but I’ve realized people simply just don’t understand or don’t want to understand. Whether it’s a A class property or C class, if it has equity and cash flowing from day one… where’s an issue? There ain’t one .. it just comes down to wanting to do it or not
This happened to me last year Kris 🙌🏾 I'm absolutely grateful 🥲. I have all the skills you mentioned. My friend was able to become my private lender. My realtor brought me a fixer upper for $75k (Slidell LA). Repairs 25k, ARV $180. We're currently in the process of refinancing. This house I will add an adu to maximize how much I can make. Currently rented for $1850. We'll do another house in March. Thank you Kris for all you do for us 🫂 May the Lord continue to bless you.
I just bought your course and I want to thank you! Thank you for who you are! I just watched the who, what and why. At the moment I am in the initial stages and feel that your course will provide me with the knowledge needed!!
Yo Yo, I'm extremely thankful for your support. As you can tell, We do our best here w/ my team to make things as transparent as possible. Do I have all the answers, NO. I'm still working on mastering this game. IT's a game of stamina so you make more money the longer you own the property. Stay in touch and👉Make sure you join our email list so you don't miss any exclusive trainings, events or Questions of the DAY: aw8d9fb.aweb.page/p/6cca7548-b8c4-4a7e-a6b6-9cdc9b706c48
Anyone found a lender that does 2nd lien lines of credit or subordination loans? I know they’re rare
Great Q, we'll do this next week for our QOTD, 👉Make sure you join our email list so you don't miss any exclusive trainings, events or Questions of the DAY: aw8d9fb.aweb.page/p/6cca7548-b8c4-4a7e-a6b6-9cdc9b706c48
I got two under contract for 60k and the one property is worth 175k and the other 130k and I still can’t find funding lol
Something seems off. Pls tell me , what are people saying about ur deals. When money doesn’t show up for deals, it usually means, from my experience, there’s a value issue or a desirability issue. This sounds familiar and in some instances, ur offer will need to be substantially below value when the area is NOT desirable. Well, what does that mean?
Some areas are C and D class, means crime and sales are slow plus shopping is limited. We must look inward when money doesn’t show up because it’s been many years for me that I have NOT been able to finance any deal we showed to our lenders.
And last, how many people did u show my prospectus to for ur deals? In my lifetime, it’s only taken about 5 people to look at my presentation to then loan us money. Thx
common thing everyone says about it when I tell them is that they don’t want to tie up the money for that long. I have a prospectus and I show everyone I think would have savings, even people I work with and I get no response simply because I just don’t think they understand it even with a prospectus. I would say they in a C class area. Not a A+ class area but the value is clearly there. I own two other properties already in that same area and trying to buy two more on that same block. One of my tenants in there is on an agreement for deed and is a contractor that does the work on them. So they are remodeled and all. To me it’s does make sense for a lender being if you lend 60k and for whatever reason I get ate by sharks, you now get a property worth two times the amount (250k) already cash flowing. Sometimes I think people just pass over a great opportunity to lend because they let there thought cloud their judgement. I can see if I was some rookie but I’m not. I’m a private myself and own multiple properties other than in VA. It reminds me of institutional banks just too much red tape. I got other properties if that want to use that for collateral.
(They actually worth 250k not 175k. I mistyped earlier )
@ most just say they don’t want to tie up the money for that long. But if it’s at 12% lending out 60k for both properties and they are worth 250k and the other 150k. To me that’s a no brainer.
Ive shown everyone and they momma the prospectus but I’ve realized people simply just don’t understand or don’t want to understand.
Whether it’s a A class property or C class, if it has equity and cash flowing from day one… where’s an issue? There ain’t one .. it just comes down to wanting to do it or not
This happened to me last year Kris 🙌🏾 I'm absolutely grateful 🥲. I have all the skills you mentioned. My friend was able to become my private lender. My realtor brought me a fixer upper for $75k (Slidell LA). Repairs 25k, ARV $180. We're currently in the process of refinancing. This house I will add an adu to maximize how much I can make. Currently rented for $1850. We'll do another house in March. Thank you Kris for all you do for us 🫂 May the Lord continue to bless you.