828 Drag Your Leads Out Of The Trash Can With Eddie Speed

Published: Jan. 6, 2020, 10 a.m.

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With over 40 years of experience in buying and selling houses, Eddie Speed is definitely the expert on how to find and make deals no matter what shape the market is in. As the wholesaling market tightens up, Eddie\\u2019s come up with some creative financing deals that help him close more of his leads because he\\u2019s giving the sellers the price they want on terms that benefit him.\\n Inside every seller\\u2019s head is a fixed price that they are set on, and it\\u2019s really all they care about. If you can get them to that price point, they\\u2019ll be willing to work with you on financing. Agreeing to the seller\\u2019s terms may seem like you\\u2019re overpaying for that property, but it\\u2019s how you\\u2019re overpaying that matters. You can inverse the property with tomorrow\\u2019s dollars but at today\\u2019s prices, and again, it just comes down to how you figure out the financing.\\n Over 4.5 million borrowers were denied a mortgage last year, but not because they have poor credit, no credit, or bad credit. There are a lot of great buyers in this pool of people; self- employed people, anyone paid by bonus or commission, or even people here in the U.S legally, but without citizenship. Eddie walks us through a couple of his recent deals to show us a few different ways to finance these deals so that you can start getting your creative juices flowing about how you can make a deal work for anyone who just needs a little help with financing.\\n If you\\u2019re looking for quality buyers for bread-and-butter middle-income homes, then follow the link in the show notes to Eddie\\u2019s free e-book that shows you:\\n \\u2014Where you can find your private money\\n \\u2014How you structure a deal\\n \\u2014What a reasonable offer or deal looks like\\n \\u2014And real case studies\\n Eddie\\u2019s vast experience in the real estate market shows that he understands how to make a profit, at a time when other wholesalers might be throwing their leads away because they\\u2019re unwilling to work with a seller. Take a page from Eddie\\u2019s book, and start finding ways to make the financing work to reach your old leads!\\n What\\u2019s inside:\\n \\u2014The seller-finance industry helps people who aren\\u2019t bankable still afford to buy a house.\\n \\u2014Eddie Speed shares how he niches down to find sellers who are open to creative financing.\\n \\u2014Structuring financing deals is about finding a win-win-win for everyone involved, and Eddie\\u2019s 40 years of experience means he knows how to make that happen within full compliance of Dodd-Frank.

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