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Competitive Home Market – Tips

By Mitch Stephen / December 11, 2013 / Comments Off on Competitive Home Market – Tips

In a competitive home market, it’s all about relationships and the number of offers you make. The more offers you make, the more homes you will buy. Figure you’re going to buy 1 home for every 35 offers you make. This will keep your expectations real. Here are a few simple tips: Set up your offer…

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Owner Financing The Seven Way WIN

By Mitch Stephen / December 10, 2013 / Comments Off on Owner Financing The Seven Way WIN

Owner Financing The Seven Way WIN (Guest blog post by Mitch’s student Jerry Gurley) Debbie and I are very excited about our new real estate business.  We buy houses from people who don’t want or need them.  We renovate them.  Then we sell homes to families who love them. We often sell with owner financing allowing people…

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Success Story Home Owner Financing

By Mitch Stephen / September 30, 2013 / Comments Off on Success Story Home Owner Financing

AMBER VALLEY Owner Financing Success Story   $31, 000…………….Purchase Price $  2, 000…………….Wholesale Fee (Bird Dog) $  2, 000…………….Mitch Stephen   SOLD $65, 000……………Sales Price $10, 000…………… Down Payment $55, 000……………Balance @ 10.5% for 240 mo………… $550/mo   12, 000 CASH………CASH FLOW…..$317/mo  ———————————————————  NOTE SALE  $55, 000……………Balance @ 10.5% for 240 mo…………$550/mo  $35, 000…………….TOTAL…..Interest Only…

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Attract Private Investors

By Mitch Stephen / September 29, 2013 / Comments Off on Attract Private Investors

Door Openers Attract Private Investors Recognize when you have one Slow down and take full advantage of it   Every now and then you’ll come upon a “Door Opener.” I’ve learned to recognize these certain situations and how to use them to proliferate the number of private investors I can call on. So what is…

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OWNER FINANCING & REALTORS

By Mitch Stephen / March 7, 2012 / Comments Off on OWNER FINANCING & REALTORS

OWNER FINANCING & REALTORS A realtor emailed me in response to our recent email blast updating realtors as to our growing list of homes we have on the market with owner financing. The realtor had 2 questions; Could he list my homes on MLS for me? Do I pay commissions to realtors if they sell…

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