Category: Evaluating Deals

How to Rescue a Dead Real Estate Deal: 3 Creative Seller Financing Strategies That Work

Posted on by Cameron Dunlap

Rescue a dead deal

One of my students — let’s call him Charles — recently came to me with a deal that hit a roadblock…

He asked:

“I’m looking at a property in Riverside, California with an ARV of $795,000 needing only $10,000 in repairs. It has a tenant paying $3,600/month through July. The seller has a $550,000 mortgage at 4%, paying $3,900 monthly including impounds. I offered $625,000 cash or $650,000 with seller financing, plus $10K more if delivered vacant. The seller rejected both offers. Do you see any way I could still make this deal profitable?”

Great question!



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Foreclosure Redemption Period: OK to Work with Sellers?

Posted on by Cam Dunlap

Hey there, Cam Dunlap here. So, I was recently asked this interesting question on my coaching hotline:

“Could you go through how working with the seller during their redemption period for both mortgage, lien, or tax foreclosure would work and what we need to be aware of?”

Sure thing!

First, know that every state is a little bit different. Some states don’t have redemption periods, at least with regard to foreclosures. And, there may be a redemption period for a tax sale in an area where there is no redemption period on a foreclosure. 

Before

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Property’s Under Contract — Can the Seller Still Take a Higher Offer?

Posted on by Cam Dunlap

Hey there, Cam Dunlap here with a question I got recently on my coaching hotline… a caller asked:

“When a property house is under contract with a seller, is it possible that the seller could sign another contract with someone else who maybe makes a higher offer? And, do you register your contract with the title company or how do you prevent yourself from that scenario?”

Well, the answer is: Yes, they could do that, but(!) yours predates it and, therefore, technically nullifies that second one. 

So, when you have the property under contract, you have

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Significant Increase In Housing Inventory Has Created A BIG Opportunity For Real Estate Investors

Posted on by Cameron Dunlap

Tune in as Cam Dunlap, CEO of the Real Estate Wealth Network, takes a deep dive into a HUGE, time-sensitive opportunity for real estate investors.

The number of active listings in today’s market is drastically increasing and, in this video, we’ll take a look at the US cities with a significant increase in housing inventory year over year, why it’s happening and what it means to us as real estate investors.

Tune in below to learn how to take advantage of this huge opportunity for real estate investors.



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