Oct 23, 2020
What do you do when you’re speaking with a seller and realize they have no equity in their home? Most of us will apologetically tell the seller there’s nothing we can really do and move on to the next lead. Today we are going to learn that we have other options - options that could be very profitable for us.
Bill and Dwan Twyford have been investing in real estate for more than 20 years and have made money on dozens of “no equity” properties. In a few minutes we are going to listen in on a call they made recently with the Flipping America REIA. This has been one of our highest rated calls in 2020. You won’t see the visuals, but you can hear the explanation and it will open up possibilities for you.
If you want to be ON these calls, it’s easy and it’s free. Just point your web browser to flippingamericaREIA.com. The upcoming topics and links are right there on the home page. You can click and sign up. The calls happen almost every Wednesday at noon and Thursday at 7.
How to contact us
www.RogerBlankenship.com. Leave a voicemail right from the home page!
Facebook.com/flippingamericamedia
Twitter and Instagram @FlippingAmerica
Call our National Comment Line: 877-55-ROGER (877-557-6437) ext 1. Leave your message or your question.
Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.
Sponsors
American IRA: www.americanIRA.com
The Flipping America Buyers Club bit.ly/flippingamericabuyersclub
Announcements:
- The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing from the comfort of your own home, or get together with a few friends and form a chapter in your area. Learn more at flippingamericareia.com.
- Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.
- FlipCalcs allows you to enter one data set about a property and consider up to six deal possibilities .
- “Real Estate Investing Quick Start” Fifteen lessons to start your real estate investing career. Study from the comfort of your own home. I give you 8 action assignments in lesson 1 and show you how to complete them while holding your feet to the fire over the next 15 lessons. bit.ly/requickstart.
News
Questions
- Marta, Pensacola, FL “I am wondering if you ever break your own MAO rule?”
- Sandra, Evanston, IL “I’m new to flipping houses and as we are getting on toward winter time, I’m wondering whether it’s possible to do this over the winter.”
- Marcus, Tampa, FL “Do you think it’s too late to get into real estate investing? It seems like everybody is doing it and with so much competition I can’t find a deal worth doing.”
- Carmen, Rossville, GA “Is it too late to join the Buyers Club?”
- Pamela, Phenix City, AL “How do you decide what color to paint a house?”
- Raymond, Baltimore, MD “I got a new job - have to be there in 4 weeks. 250 miles away. So I need to sell my house. It’s worth $325-350k. I owe $260k on it. I don’t really have enough time to sell through a realtor. An investor is offering me $5,000 and take over my payments. The amount seems low and would this impact my ability to buy another house?”
Motivational Quote:
“Almost all success happens outside your comfort zone.”