50k Or 200k!!!!!!!!!
i have seller who is in forclosure iv worked very hard to gain this guys trust in turn he was willing to sell me his property for 190k +closing the prop is worth $460k i took to long to put the deal together(my credit) i gave the deal to a invester friend for a bird dog fee of 50k the seller found out what the prop was realy worth he raised the price up to 330k the deal will close in the next week after reading on this forum about subject to deals i feel that i could have taken a differnt ****Must Reach Freshman Investor status before posting URL's*** need 230k to do the {subject to} and make acool 230 but the guy thinks he will close next week i dont have much more time to mess around please help 631-271-4588 call if you have to
Didnt you have them sign a purchase agreement for the 190k? Thats breach of contract, and you can take them to court.
Close the deal, if your assignee now has the contract, and is at the title company working on the closing, it should close.
no first deal after taking in all the info on this sight i now realize all the things that i did wrong i guess im lucky that a real investor did not come along the contract for 330k is signed ill take the 50k and move ****Must Reach Freshman Investor status before posting URL's*** guess contracts rule and talk is cheap
Hey, at least your out there doing it. Keep it up. I'll take 50K any day.
Hi REGINALDM11,
Great Job! $50,000 Bucks is a good sum of money to get started in the RE game!
Be smart with the dollars, and do it all over again!
Best of Success!
BAMZ
I would call that a winning deal!
I have made more only once on a single deal and with a lot more work!
You are a winner and you will just get better from here on out.
Congratulations!
Randall
You bird dogged a deal that was going to sell for 190K and the buyer said he would give you 50K.
Turns out the buyer ended up paying 330K and you are upset with ONLY getting 50K???
If I were you I would prepare for the buyer to back out on paying you anything since all things have changed.
Good Luck and I do hope you get your 50K[ Edited by MrMike on Date 12/01/2003 ]
I wouldn't be surprised if they tried to cut you out of the equation. It seems like those are the type of people you are dealing with. Look for cover on this one.
Eric
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