Wholesaling Real Estate with $1 Down and 350 Credit Score

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  • Опубликовано: 1 янв 2025

Комментарии • 121

  • @liftlifewithjustin6439
    @liftlifewithjustin6439 9 лет назад +125

    I probably saw 10 videos that were an hour long and you just put it in 5 minutes. That's wisdom, putting it straight to the point. I could go on about how appreciative I am of this information but I have some ads to make. Thank you sir...thank you...this is even a great video to motivate someone everyday...I wish you all the success

  • @isras6702
    @isras6702 5 лет назад +12

    You are so kind to call these people 'highly motivated' instead of desperate. I so appreciate you Gerald! I attended my first seminar with Bigger Pockets and I am so motivated to get going!!! I am doing the 90 day challenge. As I watched this video I brought up craigslist in order to post my ad here in Phoenix. Much love & success to all of us!

    • @realestateinvestingtips
      @realestateinvestingtips  5 лет назад +1

      Thank you. If you wish to learn more about investing in real estate I have a 6 week class that others have jumped on already. I have 6 more spots available. Check it out here. bit.ly/2HD4hrs

    • @LouisvilleRecruitingReport
      @LouisvilleRecruitingReport 5 лет назад

      @@realestateinvestingtips I don't mean to bother but I have a question. My friend has a 608 score but he wants to buy a property to rent out eventually but without money for a down payment and a low score what are his options asking for a friends lol

  • @danzarlengo7127
    @danzarlengo7127 5 лет назад +7

    When I see an interesting property, I immediately knock on the neighbor's doors and ask about it. Most neighbors are highly motivated to help anyone take it over and get it cleaned up.
    They are usually a wealth of information and can often give you enough info to decide if you want the property or not, or give you clues about how best to negotiate with the owner.

  • @1Immanuel6
    @1Immanuel6 6 лет назад +5

    Wonderful! I had just prayed about acquiring more properties 👍🏾👍🏾👍🏾👍🏾👍🏾

  • @nicolegoddess3401
    @nicolegoddess3401 8 лет назад +23

    Extremely useful advice!! Very creative way to find sellers... Do you offer coaching??

  • @aldansaofficial710
    @aldansaofficial710 7 лет назад +10

    God Bless you brother, thanx for thee advice

  • @metleangel41
    @metleangel41 9 лет назад +13

    Thank you so much. I have been struggling with how to get into this business. You have given me some hope that I can do this.

  • @victoriapapesh6892
    @victoriapapesh6892 4 года назад

    Thank you so much 💝

  • @Margaret10620
    @Margaret10620 Год назад +1

    God bless you sir.

    • @realestateinvestingtips
      @realestateinvestingtips  Год назад

      thank you. If you or anyone you know is interested in a 1 on 1consultation feel free to schedule 1 linktr.ee/geraldharris

  • @LEE-mf1nf
    @LEE-mf1nf 5 лет назад +1

    I want to start looking for a home renting is becoming a nightmare!!

  • @realestatedreambusinessrea8269
    @realestatedreambusinessrea8269 5 лет назад

    Are you looking for a spreadsheet listing properties and whether or not they are on these lists:
    code violations, tax delinquent, 24 Hour arrest record, pre foreclosure, auction list, city liens, owner obituaries, etc ....
    this information would be listed all in one place. which means you would know if properties were actually worth pursuing depending on how many lists they are on.
    this is a system i am working on in my home town but i don't see a reason that it can't be utilized in any major city that has online access to public records
    this will save a ton of time for people going through these lists. for instance, the code violations list in my hometown has 15,000 properties and anything from commercial, land, vacant lots, single family. it would take days do manually through and figure out if any of these properties have delinquent taxes for example. i can now do that list and tell you which properties have delinquent taxes and how much in 45 minutes and that's just the tip of the iceberg

  • @thumpher22
    @thumpher22 8 лет назад +8

    great information guy. thanks a bunch!

  • @goodmorningfamily7051
    @goodmorningfamily7051 5 лет назад

    Good morning and Thank you 🙏🏿.

  • @ziggyc4474
    @ziggyc4474 4 года назад

    I just came across a boarded up home in a great area in Fresno California , how do i get info on it there was a sherrif eviction on it on the window.

  • @LetsGetIt469
    @LetsGetIt469 6 лет назад +10

    What if the owner has passed and didn't leave the property to anyone?

    • @realestateinvestingtips
      @realestateinvestingtips  6 лет назад +2

      Look at my latest video. That was for you and others who want to know what happens to the house when a homeowner dies.
      ruclips.net/video/TfjDyirKJb8/видео.html

  • @firstladyallen684
    @firstladyallen684 6 лет назад +2

    Great advice! Thanx

  • @valeriebenson2361
    @valeriebenson2361 8 лет назад +1

    thanks for the tips. youve given me some good ideas.

  • @QueenLove6958
    @QueenLove6958 5 лет назад

    This is very good.

  • @LouisvilleRecruitingReport
    @LouisvilleRecruitingReport 5 лет назад +2

    Don't you need credit to take over mortgage payments payments i'm a bit confused ? Also how you get someone's property for 1 dollar ?

    • @davidrose8182
      @davidrose8182 5 лет назад

      LetMeTellYouWhatHappen I’m going to GUESS that if the seller carries the existing contract on their own, all you’re doing is giving them $1 (or whatever cash they will take down for it) and you make the payments. You should be able to run it through an agency that receives and distributes the payments. Again, TOTAL guess.

  • @Avw488
    @Avw488 4 года назад

    I search the web for hope and answers. Alot of the time I'm focused on the bright side or the solution of a problem instead of the bad and issues...I get discouraged alot but when I do I always dig threw your videos to find answers and feed my need for hunger for hope..I had a credit score of around low 300s like you said about as bad as it could get and just a few years later I have mid 700s. 10,000 in the savings and add 500 every month. I have nothing but a cell phone bill and car insurance payment. I have 4 children and want nothing more than a home. But I cant afford anything in my area...I dont know what else to do... it's so frustrating. I want to try something like this but I always get told I'd have to but it and fix it up before I can move in and I don't have enough for that... Any advice would help. I live in southern California.

  • @immaware6847
    @immaware6847 7 лет назад +1

    great info in a short video, I was already using county website, but will definitely incorporate the other tactics 👍

  • @PInk77W1
    @PInk77W1 5 лет назад +1

    Where on Craigslist? Just under housing ? Thx.
    I live in Amarillo Tx. I see abandoned homes all the time. I want to buy one but have no idea how. Thx

  • @hectormarcano9867
    @hectormarcano9867 8 лет назад +2

    Thank you that was GGGREAT.

  • @starrjames1521
    @starrjames1521 10 лет назад +4

    That's was very informative!

  • @goldenchild338
    @goldenchild338 5 лет назад

    Shalom Gerald Great Video !!!Thanks

  • @tyieshahuby4171
    @tyieshahuby4171 6 лет назад

    Another question I came across a site of trulia and that was one of many Q and A there was some interesting info there and from what I understood it cud go either way if it took a turn for the worst then I cud be loo looking at lots of money due like the due sale clause i believe it was I guess for me because I would be doin this to live in the property not fix n flip

  • @realestateinvestingtips
    @realestateinvestingtips  11 лет назад +7

  • @majoremgloriam5034
    @majoremgloriam5034 5 лет назад

    Help I’m trying to do this in Philadelphia but they don’t wanna give me the proper informations.

  • @web30mill
    @web30mill 6 лет назад +4

    Wow.....I live in Charlotte, NC

  • @john78617
    @john78617 7 лет назад +1

    Thanks bro good advice

  • @LoveMcNilldotcom
    @LoveMcNilldotcom 6 лет назад +4

    I'm just coming across your channel. Does this information still apply in 2018?

  • @vietv8632
    @vietv8632 7 лет назад +4

    i have a lien on a property that the bank did not know of, then they secretly repaired it and put it on the market but they had to take it off due to the lien. Now I'm not sure if i should get the money or the property? And after i meditated on the issue i came across you at 11:11 AM. To my belief i have found the answer. Please what is your advice?

    • @realestateinvestingtips
      @realestateinvestingtips  7 лет назад +3

      The Vlad Imbert Show check to see how much value is in the property. 2. check the lien against the property. if the lien or mortgage is significantly lower than the the value. Sell it. go-to findcompsnow.com to check value. if u need help selling it we can partner up

    • @vietv8632
      @vietv8632 7 лет назад

      selling what, the property or the lien?

    • @vietv8632
      @vietv8632 7 лет назад

      Which one do I sell, the property or the lien?

    • @HapiGutHapiLife19
      @HapiGutHapiLife19 6 лет назад

      the lien must be paid off at closing, otherwise no sale.

  • @moniquadee548
    @moniquadee548 5 лет назад

    How can I do this

  • @cancerjourneybiggboss6426
    @cancerjourneybiggboss6426 6 лет назад +1

    Thanks so you bro you have been a big help

  • @gloriajackson9707
    @gloriajackson9707 7 лет назад

    I have watched many of your videos and thank you for your wisdom . I have lost my home.and I am motivated to start over .I like what you said about eBay ,and craigslist I also do this. I would like more information on the house buying with poor credit score. I am a lady but I do know how to repair and build.

    • @realestateinvestingtips
      @realestateinvestingtips  7 лет назад +2

      Gloria Quiovers
      It's more about the owner than the situation.
      1. Find motivated sellers
      2. Ask them if they would be willing to finance the property (seller financing)
      3. Make sure the property makes sense in terms of monthly payment.
      4. remember:. With seller financing you don't need a bank or credit. You just need a motivated seller who is flexible on terms. Below is a video for you. Here on RUclips type in the terms seller financing or owner financing. Some sellers will finance 100% of the purchase price

    • @realestateinvestingtips
      @realestateinvestingtips  7 лет назад +2

      Gloria Quiovers
      Here is a video. Lots of them here on RUclips
      ruclips.net/video/tLgQIQ_wy1Y/видео.html

  • @immasoxfanbaby
    @immasoxfanbaby 5 лет назад

    Thank you

  • @Unitedballotaccess
    @Unitedballotaccess 8 лет назад

    does this work on land parcels?

  • @tyieshahuby4171
    @tyieshahuby4171 6 лет назад +2

    Hi Gerald is there a software out that would stack the motivated sellers and put them into categories according to the level of motivation that way I see who has two or more levels so then I really know who to target thank you.

    • @realestateinvestingtips
      @realestateinvestingtips  6 лет назад +1

      I haven't used 1. Maybe you can try upwork.com, place an order and have someone complete for you. Maybe someone will see this comment and respond

    • @1trubb2
      @1trubb2 5 лет назад +1

      If there isn't one, thats a good idea for an app!

  • @TCSMastery
    @TCSMastery 6 лет назад +2

    Hi Gerald! I have a senior friend who inherited a 3 family house when her long time friend/neighbor passed away this past December! She was gonna keep it & continue renting it out but its becoming a headache for her. This place would be a turn key property correct since tenants are currently living there? I presented to her about selling the house for cash & she's very interested! Shes a motivated seller & i want to sell it wholesale. I did tell her I would need to know what's owed on the house such as a tax lien the house is now under pre foreclosure! How do I start to go about the process for her to sell this house she inherited & is this a deal? Can it still be wholesaled or do I have to do a short sell or something else?

    • @realestateinvestingtips
      @realestateinvestingtips  6 лет назад +1

      You can Wholesale if the numbers work
      What is her asking price
      What is the value (run comps)
      How much in taxes owed?
      If property looks to have alot of Equity put it under contract..
      You would need a cash buyer to assign your equitible interest.
      Then. Cash buyer will close deal.
      I created a course that will show you how to proceed from beginning to end. bit.ly/2MgNkFj

    • @TCSMastery
      @TCSMastery 6 лет назад

      @@realestateinvestingtips everything you've asked I'm waiting on answer & house does look to have equity! I'm gonna look through the link you sent! I'm still gonna connect with you soon for a few hours of one on one coaching!

  • @b2dary890
    @b2dary890 6 лет назад +2

    What if the county you live in (Milwaukee County) public records website is practically useless when trying to discover owners name, address, phone numbers etc.?

    • @realestateinvestingtips
      @realestateinvestingtips  6 лет назад +1

      Hey Brian. I totally understand. Some counties are not user Friendly at all. If that's the case you will have to order from a 3rd party site. These will help you out.
      1. Upwork.com
      2. Realquest.com
      3. Agentpro247.com
      Upwork is my favorite. Lots of experienced people out there that will pull the list for you. Just make sure they are experienced.
      You are looking for 4 things.
      Owners name/address
      Property address
      Unpaid tax amount
      2 years and older. (2016 and older)
      When u get that list I created a system that will help you market to it. houseflippingguide.com/contracts-agreement/

    • @b2dary890
      @b2dary890 6 лет назад +1

      House Flipping Guide appreciate the info...thanks

  • @alfredbowen7391
    @alfredbowen7391 6 лет назад +1

    Hey good brother thanks for the Lov n knowledge n in this day n time how do i set that up on them sites im in Philadelphia n god bless u.

    • @realestateinvestingtips
      @realestateinvestingtips  6 лет назад

      No problem. You would create ads in Craigslist & Facebook groups looking for motivated sellers. Also driving for dollars helps. Question: what do you know about the 2000 block of 72nd street
      philadelphia, Pennsylvania 19143???

    • @alfredbowen7391
      @alfredbowen7391 6 лет назад

      I dont know much bout 2000 block of 7200 but if u need me to check it out let me know ican go tomar to look.

  • @jahmiarichards9515
    @jahmiarichards9515 5 лет назад

    Does this work in New York!?

  • @LetsGetIt469
    @LetsGetIt469 6 лет назад +2

    So I just tested what you said in this video 2 days ago. I received 1 lead from a person who has a mortgage.
    With a low credit score, how would you make this a deal because I'm pretty sure that a mortgage lender will try to run a credit check if you go for loan remodification.
    How will I make that a deal with getting the lender involved?

    • @LetsGetIt469
      @LetsGetIt469 6 лет назад

      I offered to take over his payments

    • @realestateinvestingtips
      @realestateinvestingtips  6 лет назад

      Very good. Yes offer to take over mortgage.
      ruclips.net/video/HrV97yG177Q/видео.html
      But first what do u want to do with it? Resell it? Live in it?

    • @jahmiarichards9515
      @jahmiarichards9515 5 лет назад

      What if you want to live in it?

  • @Hijabibti925
    @Hijabibti925 5 лет назад

    Great tips!

  • @kirkreed6066
    @kirkreed6066 9 лет назад +1

    Awesome

  • @thelashlink
    @thelashlink 7 лет назад +4

    Okay good vid. I just have to say you look like the late Michael C. Duncan. :)

  • @mrs.valdez1387
    @mrs.valdez1387 6 лет назад +1

    How do you come up with an offer to the current owner for a dump property? What do you say when you approach the owner? I have a property I'm interested in, the house has been destroyed since 2015. Roof caved in, windows and doors boarded up, fire damage and asbestos. The property was sold last year, but it's still just sitting there.

    • @realestateinvestingtips
      @realestateinvestingtips  6 лет назад

      You would do research on the property and see what land value is minus dump/demolition fees. So if land value is 25k and to trash and demo is 15 k make him an offer of 5 to 10k. I would say 5k

    • @mrs.valdez1387
      @mrs.valdez1387 6 лет назад

      House Flipping Guide thank you so mucho for taking the time to answer! Here's where it gets really odd. The owner paid 200k cash for the property last year - but the assessed and actual value according to the county is $0

    • @realestateinvestingtips
      @realestateinvestingtips  6 лет назад +1

      They might have deemed the property condemed or unihabitable. It's ok. It still has value. Land value

  • @malikel4319
    @malikel4319 7 лет назад

    Good info

  • @machorodriguez278
    @machorodriguez278 8 лет назад

    hi Sr I'm sending u this link to find out it is true what she saying I'm in need to do it I'm in a depth which I almost trow out from my place which I need to come with a solution n she sound great but u almost taking the same thing she saying but with ur knowledge I will love ur help thanks

  • @nathanielwalters158
    @nathanielwalters158 6 лет назад +2

    I wanted to know what's your opinion on Snap Flip Real Estate investing program? I went to seminar last year and this year, I like that they offered the seller(A), funding(B) and buyer(C) connection. As with all real estate programs, there's a catch 22 meaming 10k and up mentorship programs.

    • @realestateinvestingtips
      @realestateinvestingtips  6 лет назад

      I have not heard of that program. That investment seems a bit pricey. If you need some direction I do provide coaching to point you in the right direction. ruclips.net/video/UlgAKGHFFeQ/видео.html

  • @Er3ctilereptile
    @Er3ctilereptile 6 лет назад

    Is this a possibility to do on Disability? It’s legal to own a property, but I am very interested in doing this.

  • @Heather.vsg2rny
    @Heather.vsg2rny 6 лет назад +1

    Gerald I'm in the Charlotte area as well. Getting into real estate investing with my fiance. Would love to get more mentoring from you!

  • @cryptopirate8880
    @cryptopirate8880 6 лет назад

    How do we get a forwarding address?

    • @lashanacorbett9506
      @lashanacorbett9506 6 лет назад

      I am newbie in Charlotte also. I have downloaded apps called Landglide and DealMachine. They are supposed to be really helpful with finding the owners of properties.

  • @Hijabibti925
    @Hijabibti925 5 лет назад

    Question how do I report a delinquent property so it goes in foreclosure? Wanting to report my ill mothers delinquent home so I can buy it

    • @CaylaMarieeeeee
      @CaylaMarieeeeee 5 лет назад

      Why won’t you just wait to inherit the property? Would your mother appreciate you reporting her property being delinquent? I’m curious to know if this is something normal. I’m asking bc I’m just curious

    • @Hijabibti925
      @Hijabibti925 5 лет назад

      @@CaylaMarieeeeeeNo prob...yeah so here is the scoop.. we have actually already been warned of it being delinquent...but it has not gone for bid..i wanted to remind the county of it. My squater sister won't leave unless it is removed from her by the city. Legally( do to my fatjers wriyen will) its 1/4th mine and 1/4th my squater sisters and 1/2 my moms. If i take charge of the property through my iheritanceI also inherit "her" a.k.a the squater sister and her liability...so if i own it outright i can rent it and only give the money to my mother and I.

  • @rougesrage
    @rougesrage 7 лет назад

    Do you personally help people do this?

  • @davidrose8182
    @davidrose8182 5 лет назад

    FYI- “Back page.com and affiliated websites have been seized” as of April 6, 2018, according to the posting on the site when I went there today.

  • @michaeljeter502
    @michaeljeter502 6 лет назад +2

    Has anyone done this to completion?

    • @realestateinvestingtips
      @realestateinvestingtips  6 лет назад +7

      Great question. So as you can see. I did that video almost 5 years ago. To date that has been my most watched video. The title is catchy but the concept is nothing more than a topic called "subject to financing". Basically. You buy the property subject to the existing financing. Many sellers don't care about credit, income or down payment. In RUclips type in "Subject to Financing" an you will see hundreds of videos on this topic. Have a good night

  • @MamaT111
    @MamaT111 7 лет назад

    I'm following

  • @TeaDrinkingHacker
    @TeaDrinkingHacker 6 лет назад +1

    Did I hear correct, you're in CLT? If yes, so am I we should talk business some day over a cup of tea.

  • @Motionpicturelife2
    @Motionpicturelife2 3 года назад +1

    U were giving gems before it was cool. Watched u for years. Thank you

    • @realestateinvestingtips
      @realestateinvestingtips  5 месяцев назад

      👍👍👍👍. If you or anyone you know is interested, feel free to check out some of the freebies in my store. www.beginnerinvestortools.com

  • @avaroseboro6759
    @avaroseboro6759 8 лет назад

    how do I get in touch with you?

  • @mynowministries
    @mynowministries 8 лет назад

    I'm looking to move to the country. I try buying land from a guy but I'm getting problem.

  • @hazelblair6634
    @hazelblair6634 7 лет назад

    when you know a house has been empty for7 years and has been up for sale all that time. this must mean they are paying some sort of rates on the property . so does this mean the house is not abandoned. what criteria makes an abandoned house . thank you for taking the time to makes the videos

  • @phyllisverzella5825
    @phyllisverzella5825 4 года назад

    what I want to get homeless in these properites ....using hud grants. any suggestions? its relly bad right now.

  • @cryptopirate8880
    @cryptopirate8880 6 лет назад +3

    Man i have a 475 and thats bad!!

    • @realestateinvestingtips
      @realestateinvestingtips  6 лет назад +3

      Ok cool. But just know you can still make some things happen with a 475 credit score

  • @gt4real377
    @gt4real377 6 лет назад +2

    I have the money down but 550 credit

    • @realestateinvestingtips
      @realestateinvestingtips  6 лет назад

      You can find someone to do seller financing. Via a lease option or subject 2. You may be able to go FHA if you can bring that score up some. thelendersnetwork.com/fha-loan/

    • @pthomas5786
      @pthomas5786 6 лет назад

      GT 4real
      Juan Pablo has great videos for credit repair

  • @mediahangoutmediahangout4378
    @mediahangoutmediahangout4378 5 лет назад +1

    340 credit score. How? Lmfao. Backpage?

    • @realestateinvestingtips
      @realestateinvestingtips  5 лет назад

      I am amazed at how old this video is. You buy the property on contract via owner financing. Should u need any free contracts or other you can check them out here geraldharris.selz.com

  • @sandymoonstone855
    @sandymoonstone855 7 лет назад

    so i can buy for $1. . I just have to pay 10 years of tax and $200,000. hospital lien . cool

    • @sandymoonstone855
      @sandymoonstone855 7 лет назад

      Why is it white people don't buy for a dollar ? oh yeah . theys too smart

    • @AmericanMayan
      @AmericanMayan 6 лет назад +2

      sandy moonstone inferior. Look at'cha... Just small and inferior.

    • @kayde801
      @kayde801 6 лет назад

      @@sandymoonstone855eww what a gross thing to say. And how pathetic is a quasi superior troll lurking on RUclips videos like this. Dont be mad because he has figured something out that you either havent or did but didnt want shared with the general public... yuck yuck yuck. It's really gross.

  • @judithchong7141
    @judithchong7141 6 лет назад

    Scammer

    • @MemoGrafix
      @MemoGrafix 6 лет назад +4

      Okay, so, just simply report him to all of the Federal & State Gov't's alphabet soup agencies, since you think he's a scammer. How much did you pay to see this video? He didn't scam Me. Come back later with written proof from the Fed agencies to prove your assumption.
      You bullshit people also. Everybody's a *_"Grifter."_* However, what he said in this video is not scamming. You got this CONfused with the scam *"Skool"* videos you put up a couple years ago remember all that money you made playing people for stupid.