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Our
policies and explanations.
Get
first crack at all of our deals before they are advertised!
Browse
our great wholesale deals!
How to pay
cash when you don't have cash!
1. Except in very special
circumstances, we won't sell you your first deal: Cry all
you want, but if you haven't yet done a deal look elsewhere. First,
there are a lot of wholesalers who seem to specialize in selling new
investors "great" deals. Sometimes this is an honest
transaction, sometimes it is the new fish getting fleeced
(fish/fleeced???). We prefer to err on the side of caution and
protect our reputation by avoiding the whole situation.
Secondly, an experienced investor is going to look at the house the
same day (or hour) he hears about it and will make a decision in the
time it takes him to walk through. He won't need days on end
to ask his spouse or consult his cat or talk to his
ex-brother-in-law in Milwaukee who once came close to buying a
rental. If you think you have special circumstances and/or
experience that should exempt you from this rule, let us know in the
"other things we should know" section of the buyers form.
2. Unless otherwise stated, you
must pay cash for our deals: For most of our deals you
must have cash or a line of credit or a private lender or some way
to come up with the purchase price in 10 days or less. Get
Cash There are times when we can carry financing or
have time for you to get conventional financing. This is not
very common.
3. We will never lie to you
about market value of a property or the repair costs, still, we
insist that you get your own numbers: We will give you our
honest, experience proven opinion of after repaired value and repair
costs on any piece of property that we are selling, but don't ever
take anyone's numbers as gospel. Check for yourself!
We know you like us, we know you trust us, but this is not
friendship, this is business and in business there is a proper way
to do things and that involves independent verification.
4. We give ten percent of our
wholesaling profit to charity: No, you are not a charity.
You may, however, suggest a favorite charity for the donation from
any deal you buy. We will try to honor you request as long as
it is not conflict with our strong libertarian/capitalist
principles.
5. We guarantee our deals: We
will buy back a house for what you have in it, IF you have followed
our suggestions. Go back and read that last sentence again,
"IF you have followed our suggestions" is the critical
part here. Do what we say and every deal we sell will turn out
to be a great one, we guarantee it. Ask another wholesaler if
they'll do that.
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If not, become one.