Babehblog

Monday, April 26, 2010

Last week, 4/19

So last week was a whirlwind! After celebrating my Grandmother's 90th birthday I was able to get much closer to securing some deals.

A few properties that we were working on came from attorney who received one of our probate letters. Through him, he gave me a total of 5 leads. I put an offer on 4 of them and was very serious about a package deal. However, on Friday, 4/23, I received a call from someone whom I have worked with previously, through my networking group, BNI. He thought of me when he needed to get rid of a house he inherited and I submitted an offer for that property last night. Let's keep our finger's crossed. It's in a prime location and the cash flow is insane!

A couple of other properties that we are much closer to getting under contract:
1) Property in Sharon Hill. This lead was given to me by another member of my networking group, BNI. This was something that I've been working on since the beginning of the year and I think by the end of this week we will have the contract! The numbers are strong and the house is in pretty good shape. Just hoping that I get the signed contract by all the heirs ASAP!

2) Property in East Mt. Airy. This lead was one that I have been working on since May 2009. The seller has been dragging her feet and still is! However, she sounded like she was interested in moving forward. If so, this is another excellent property that needs updating but is in a prime location.

I've also been trying to get some bank funding lined up, so hopefully we will be getting some $ that we can use to decrease our interest payments that are THROUGH THE ROOF!

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