Buying A Probate House With Private Money

Jay shares one of his latest real estate deals.
Four months ago, the seller came from a Facebook Ad. They filled out a form. Jay's Acquisitionist called the seller and asked some questions to see if they were a fit.
The Numbers: $180,000 after repair value
Payoff: $78,000
Five months behind on payments. Will they go Subject To? No. They decided to use Private Money.
Jay and his team check the house, which is vacant. The house is a mess as the living room has a shower and a bed. It will need $30k in repairs.
Four months ago, Jay sent a contract within a few days. Contract is signed in a couple days. Their attorney starts a title search. The owner passes away.
Over $20,000 in claims are made against the estate. The deal doesn't look good.
24 hours ago, the daughter says she is ready to sell and has clearance to sell.
Speed makes deals work.
Make sure to have the critical relationships in place.
1) Have a good Realtor
2) Real Estate Attourney
3) Contractor relationship
4) Private Money lender
5) Team

Jay shares one of his latest real estate deals.

Four months ago, the seller came from a Facebook Ad. They filled out a form. Jay's Acquisitionist called the seller and asked some questions to see if they were a fit.

The Numbers: $180,000 after repair value

Payoff: $78,000

Five months behind on payments. Will they go Subject To? No. They decided to use Private Money.

Jay and his team check the house, which is vacant. The house is a mess as the living room has a shower and a bed. It will need $30k in repairs.

Four months ago, Jay sent a contract within a few days. Contract is signed in a couple days. Their attorney starts a title search. The owner passes away.

Over $20,000 in claims are made against the estate. The deal doesn't look good.

24 hours ago, the daughter says she is ready to sell and has clearance to sell.

Speed makes deals work.

Make sure to have the critical relationships in place.

1) Have a good Realtor

2) Real Estate Attourney

3) Contractor relationship

4) Private Money lender

5) Team

*************************

Real Estate Investing Minus the Bank.

http://www.jayconner.com/moneypodcast/

Free Webinar: How To Sell Any Home In 3 Days Or Less

No Matter How Crowded Your Market Is!

http://www.jayconner.com/training/72-hour-selling-system-webinar/

WEALTH & FREEDOM FORECLOSURE SYSTEM

HOW TO FIND, TRACK AND PROFIT FROM FORECLOSURES

http://www.jayconner.com/products/foreclosure-system/

What others are saying:

“Jay's private lending scripts alone are worth the price of his entire system, and are the best I've ever heard … including mine!” - Ron LeGrand, Famous Real Estate Guru, Jacksonville, FL

“You will not believe this, but it is absolutely the truth … 3 days after attending Jay's seminar Where to get the Money Now, I was doing a call on one of my customers. He was telling me about how he had just sold his home and I ask him if he had ever considered real-estate investing. After hearing the information that I shared out of Jay's seminar, he is now in contact with my attorney to discuss his investment!“

- Donald A. Hovey, Norfolk, MA

How Do You Find Private Money Lenders?
http://www.JayConner.com/MoneyPodcast

Listen to our Podcast on iTunes:
https://itunes.apple.com/ca/podcast/real-estate-investing-minus-bank-flipping-houses-foreclosure/id1377723034?mt=2

Google Play:
https://play.google.com/music/listen#/ps/Ihrzsai7jo7awj2e7nhhwfsv47y

Jay Conner has been investing in Real Estate for over 15 years. He typically makes 2 deals a month. He has bought and sold over 400 homes.

He had an 800 credit score and the bank closed his LOC. He needed to find a new source of funding. In the past eight years, Jay has never missed a deal because of funding.

He has developed a strong network of Private Money suppliers.

Chaffee-Thanh Nguyen started investing in Real Estate a decade ago. He dramatically changes and impacts the lives of thousands of people around the world as an Executive Success and Event coach with the likes of Powerteam International and Marshall Sylver's Mind Power Inc. Chaffee also teaches at his own events.

http://www.keyconceptcoaching.com/

****************

The Conner Marketing Group

PO Box 1276 Morehead City,

North Carolina 28557

Phone: 252-808-2927

Fax: 252-240-2504

***************

Free Webinar: How To Sell Any Home In 3 Days Or Less

No Matter How Crowded Your Market Is!

http://www.JayConner.com/MoneyPodcast

***************

WEALTH & FREEDOM FORECLOSURE SYSTEM

What others are saying:

“Jay's private lending scripts alone are worth the price of his entire system, and are the best I've ever heard … including mine!” - Ron LeGrand, Famous Real Estate Guru, Jacksonville, FL>

“You will not believe this, but it is absolutely the truth … 3 days after attending Jay's seminar Where to get the Money Now, I was doing a call on one of my customers. He was telling me about how he had just sold his home and I ask him if he had ever considered real-estate investing. After hearing the information that I shared out of Jay's seminar, he is now in contact with my attorney to discuss his investment!“

- Donald A. Hovey, Norfolk, MA

“Thanks Jay for providing us with your knowledge and expertise on Where to Get The Money Now. The manual is very helpful and I plan to make frequent references. Iam keeping a printed copy close by, so I can make my notes in it along the way. Your step by step system, which can be automated, is worth every second saved while working my business. The scripts you included will definitely take on a role when I have your system up and running.”

- Linda Whitefoot, Listowel, Ontario, CAN

************

Producer: Scott Paton
https://www.udemy.com/powerpodcasters/?couponCode=PP10

Channel

https://www.youtube.com/channel/UCZfl6O7pRhyX5R-rRuSnK6w

Playlists:

https://www.youtube.com/watch?v=T6sHj3R5FuI&list=PLTMERXRi9cnVPmCzyV_Xtpk654WbVi5Ln
https://www.youtube.com/watch?v=yTWMsHNFSPs&list=PLTMERXRi9cnVTWhmcE4SuEBjpultnpGqe
https://www.youtube.com/watch?v=yTWMsHNFSPs&list=PLTMERXRi9cnUof2dyBiu4BMA8fjhsmgQI
https://www.youtube.com/watch?v=yTWMsHNFSPs&list=PLTMERXRi9cnXivabzJE13CFYu9O6aCpBN

https://youtu.be/GNHc-wWLUS0

What others are saying:

“Jay's private lending scripts alone are worth the price of his entire system, and are the best I've ever heard … including mine!” - Ron LeGrand, Famous Real Estate Guru, Jacksonville, FL

“You will not believe this, but it is absolutely the truth … 3 days after attending Jay's seminar Where to get the Money Now, I was doing a call on one of my customers. He was telling me about how he had just sold his home and I ask him if he had ever considered real-estate investing. After hearing the information that I shared out of Jay's seminar, he is now in contact with my attorney to discuss his investment!“

- Donald A. Hovey, Norfolk, MA

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