Dan,
Thanks for the guidance and conversations we have had in the last 6 months to get my questions answered. Every Quick Start goer should utilized the hotline if they are not in a position to move on to the mentorship yet. It is a powerful tool and you have returned calls promptly everytime.
I got an exciting news for you bud. After taking the Quick Start school in Jersey last year, I started working on Owner Financing and Lease Purchase strategies. I have been making multiple offers on deals and working on creative options.
I was able to get a 2 family owner financing deal in Manville, NJ at $145K with $60 down and remaining over 6 yr term. I know this is not Ron’s way as I didn’t fully comprehend zero or small down payment until after I went through the What to Say/Do program. Now, for sure I don’t make that big down payment offers. I brought in a cash partner who funded the deal. We ended up doing no rehab to it and sold it to a landlord for $25K profit. Beautiful thing was that I approached the seller once I found the buyer and got his balance down by $15K once I told him I am ready to cash him out.
PS: I am working on another owner financing with very little down and working on few lease purchase deals as well.
Thanks,
Ijaz
Dan Pitts from Ron’s hotline was wonderful. Keep up the good work.
PS: Any lease purchase investors in NJ, please contact me at ijaz.a.mirza@gmail.com
Thanks
Ijaz Mirza
Don’t beat yourself up for how you did that first deal. Once we know better we do better! I agree that the what to do and what to say systems are awesome! Thanks for sharing your story!
Hello Ijaz, thanks for the informative success story and the posting. Good job on the deal and the $25,000 profit. Never give up and keep on investing, moving forward and make us all proud of you. Take care.