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mbk

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About mbk

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  1. I am looking to partner with naked-investors that go after higher end homes (300k or above). I will guarantee funding for your tenant buyers within 90-120 days at most. For more information please contact me at mbkfinancial@gmail.com Thanks, Patrick Zanders
  2. Hey Guy, I am familiar with Trent Lee who owns CCC and he is a great guy although I would say to stay away fom the system as it costs money and you could do this yourself. First though, please tell me what you are planning on using a line of credit for? I have some sound sources, but knowing what you want to do makes the referring point much easier to do. Patrick
  3. I ordered Thomas Kish's info to see what he was offering. I was not impressed as he basically tells folks to lie on their applications. If it's personal or business lines of credit that you need, let me know and I can get you hooked up. Patrick mbkfinancial@gmail.com
  4. The Realtors are starving. The market has slowed and the lsitings are expiring without being sold. I simply asked the Realtors what their experience has been in re-listing sellers that they didn't sell. Their answer was "almost never". I told them instead of losing the listing and the moneyt they put into advertising, why not tell the seller that they have a close to full offer option and that it's a little out of the box but they "the seller" could do real well with no haggling over price. I would give the Realtor 20% of the option fee for bringing me the property. This way, they: 1. Don't lose the advertising money they put into the property. 2. Get money upfront. 3. Get a good chance at getting a full commission in a year or less. By the way, I ONLY do CA's or Assignments.
  5. I have a number of Realtors that are interested in working with me doing LO's with their listed properties. They do not mind waiting until and if the tenant/buyer exercises their option. My question is this....If the property is listed for say 200k and you want to add in rent credits and an option cnsideration fee, can you do that since it was listed on the MLS? Thanks in advance, Patrick
  6. Hey All, When doing a CA, how do you work in your fee? Do you deduct it from te sellers asking price or do you bump up the price and take the extra that you bumped up leaving them with their full asking price? Now, if you bump it up, how do you do that with the paperwork? Would you tell the seller that you are raising the price to make your money and they still will receive their full asking price? Thanks in advance, Patrick
  7. Hey All, I am finding it really easy to get both TB's and sellers. Cold calling fsbos and landlords, as much as I hate doing it, seems to be working the best. It seems that when the market is slow as far as sales go and the banks tighten up, I am seeing more and more people with decent credit coming my way. I will be signing CA's this week and I just received the manual last week. I owe it all to you guys and gals on the board. Your sharing and expertise has been awesome Patrick "MBK"
  8. mbk

    My Diary Log

    Michael, You stated that you sometimes just find a straight tenant buyer for a seller for a fee. What type of paperwork did you get the seller to sign? Was it where they bought a lead or something? Thanks, Patrick
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