Posted: Sat Aug 30, 2008 3:05 pm Post subject: Buying properties
I learned some pretty interesting ways to buy property with zero down payment and no credit. They are “subject to” “multi-mortgage” “land contracts” and “lease options.” If anyone is interested, an article that explains these structures is here: http://joecrump.com/secret.html But learning these structures still leaves me with some gaping holes in my knowledge. Here is my big, burning question – How do I convince sellers to let me buy their properties using these structures? It seems to me anyone would have to be insane to sell their property this way. Does anyone have any experience with this kind of offer – and if so, what do you say to get sellers to accept the offer? I’d very much appreciate your input. Thank you.
Well, let me say that you are learning from the right guy. I’ve been doing deals with the structures that Joe teaches since I bought his book about two years ago. It took a few months for me to really understand how to make offers like this – and I had to practice to get good at it. But I can also tell you that this is the safest way to buy houses I’ve ever seen and I do 3-5 deals every month – yes, I’m making a lot of money. So, with all that said, I’m going to direct you to another one of Joe’s articles that really helped me. I’ve never seen a guy who gives away so much free info – I get articles almost daily from him and I save them all – I got this one a few months ago. Anyway, this is an article that will show you exactly how to talk to sellers when you make a zero down offer. Don’t say I never gave you anything. http://joecrump.com/talktosellers.html
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