Flipping America 372, "Getting To Yes" Part 1

Published: July 3, 2020, 4 p.m.

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In the coming months we are going to see a bump in the number of distressed homeowners who need an offer \\u201cright now.\\u201d Many homeowners do not have enough equity or the ability to discount their houses low enough for there to be an opportunity for an investor to make money. Unless you know how to creatively structure deals to minimize your cash outlays. That\\u2019s the topic for the next couple of episodes. Don DeRosa buys a dozen or more houses every year and most of the time he buys using a creative deal structure. He\\u2019s joining us today and next time to talk about how this is done.\\xa0

We will be talking about subject-to, mortgage wraps, lease sandwiches, and other options that will allow you to not only say yes to more deals, but get more sellers to say yes to your offers.\\xa0

How to contact us

www.RogerBlankenship.com. Leave a voicemail right from the home page!

Facebook.com/flippingamericamedia

Twitter and Instagram @FlippingAmerica

Call our National Comment Line: 877-55-ROGER (76437) \\xa0 ext 1. Leave your message or your question.\\xa0

Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don\\u2019t mind.\\xa0

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Sponsors

American IRA: www.americanIRA.com

Civic Financial: bit.ly/CivicFinancial

Bay Mountain Capital, lending in the southeastern region

FlipStarter Online! www.flipstarteronline.com

The online course \\u201cShow Me the Money\\u201d bit.ly/dealfundingcourse 56firedome

Announcements:

  • The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing from the comfort of your own home, or get together with a few friends and form a chapter in your area. Learn more at flippingamericareia.com.\\xa0\\xa0
  • Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It\\u2019s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.
  • FlipCalcs allows you to enter one data set about a property and consider up to six deal possibilities .\\xa0
  • \\u201cReal Estate Investing Quick Start\\u201d Fifteen lessons to start your real estate investing career. Study from the comfort of your own home. I give you 8 action assignments in lesson 1 and show you how to complete them while holding your feet to the fire over the next 15 lessons. bit.ly/requickstart.

News:

Questions:

Send your questions to questions@rogerblankenship.com

  • Elwood, Knoxville, TN \\u201cWould you recommend a person start out with single family homes and move up to apartments?\\u201d
  • Patrick, Pittsburgh, PA \\u201cHow do I buy one of those ten thousand dollar houses I hear you talking about. Where do you find them?\\xa0 bit.ly/rogersbuyerslist
  • Carmen, Long Beach California, \\u201cHow is the real estate market even surviving? No one is allowed to look at homes or show them. I don\\u2019t think people are going to buy their next home without having set foot in it first. But from what I hear, the real estate market is doing ok. How is this so?\\u201d

Motivational Thoughts for the day

\\u201cNinety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.\\u201d

Andrew Carnegie \\u2013 Scottish businessman and philanthropist

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