Nov 29, 2021
We are going to talk today about how to monetize your dead leads. That’s a topic that hairdressers, electricians, OR real estate marketers would love.
We send a lot of mail and make a lot of calls every week, trying to turn up properties to buy. Despite our best efforts, hundreds of warm leads don’t result in actual purchases. Until now we would just move along, but as of today, we know we can still monetize those leads.
Chris Craddock is a real estate investor and innovative marketer. He’s a nationally certified Life Coach in Leadership and one of the top Real Estate professionals in the world closing 30-65 deals a month. He’s also the host of the Uncommon Real Estate Podcast, a realtor, and entrepreneur who runs multiple successful businesses in the Washington DC Metro area (and Richmond, VA). Chris and his companies consistently bring in close to 10 Million in revenue year after year. His team, The Redux Group, sold just over $160 Million in volume in 2020.
Chris has been married for 21 years and is the proud father to six beautiful children.
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My answer: Dodd-Frank prohibits HM lenders. Conforming lenders are limited when repairs are needed. FHA requires finished floors, for example.
FHA 203k Loan
Go conventional, make repairs as you can with cash.
OR get a HELOC and make repairs.