Don Green's Blog (8)

A nickel's worth of free advice for fix and flippers

This is primarily addressed to the newbie. I welcome further input from other experienced professionals.

It can be a great way to turn a quick profit- you buy a house at below-market value, you put some work into bringing it up to market value, you sell it, you put cash in your pocket. Simple, right?

Yes. Deceptively so.

Rehabbing and flipping SFR's can be very profitable, indeed. It can also be fraught with danger. So, here's a nickel's worth of free advice…

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Added by Don Green on October 2, 2014 at 8:24am — No Comments

Fix & Flip Financing 100% of purchase and 100% of rehab cost

Yes, finally!

We are now able to offer financing for 100% of the purchase price as well as 100% of the rehab costs for your fix and flip acquisitions up to 65%ARV!

6-month or 12-month terms.

(Currently available in New York, Pennsylvania, New Jersey, Connecticut, Delaware, Maryland, Virginia, North Carolina and South Carolina.)

Please contact me by phone or email for details.

801-608-9606

dgreener66@gmail.com

Added by Don Green on September 23, 2014 at 7:32am — 4 Comments

Does your business need working capital FAST?

Description: This is a term loan that works similar to a line of credit. Applying is easy and you'll be notified of how much you qualify for right away. After that, you can use as much of or as little of the amount you're qualified for as you like. The difference between what you are approved for and your loan balance is available to you any time you need it.



Loan Amount: Loan amounts go up to $100,000 and the funds are made available immediately.

Rates: The cost of the loan is…

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Added by Don Green on September 16, 2014 at 7:45am — 2 Comments

Throw the perfect home-run pitch

I’m an investor.

 

I don’t invest money. I invest time, effort and the value of my connections to funding sources.

 

During a slow week I will see a dozen or more business plans, executive summaries and funding requests. And just like contestants on a reality show, very few will make it to the next round. Only the best will be presented to a lender, investor, venture capitalist or potential JV partner. (For the sake of simplicity I will simply say “lender”  or…

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Added by Don Green on September 15, 2014 at 5:08pm — 1 Comment

The Boy Scouts had it right: BE PREPARED

I talk with fix & flip professionals, business owners and real estate investors every day. They all have goals that require funding of some sort. It is very infrequent for them to come to me with their ducks already in a row. That's fine; I can work with them to get them there, but I'm often surprised that they're surprised at what will be needed to fund their deal.

So, in the interest of a more educated and successful borrower, here's what's up:

Understand…

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Added by Don Green on September 4, 2014 at 9:01am — No Comments

On Sales, Service and Leadership

One of my all-time favorite books is “The Greatest Salesman in the World” by Og Mandino. (If you haven’t read it, stop reading this post right now and run out and get a copy. Actually, buy every Og Mandino book you can get your hands on. No, I don’t get a cut!)

The book is particularly valuable, because it has little to do, really, with “Sales” as a profession. Rather, it’s a primer on how to…

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Added by Don Green on August 20, 2014 at 12:36pm — No Comments

A Unique Financing Option for Real Estate Investors

I'd like to announce an exciting new blanket loan product that allows investors who currently own a portfolio of rental properties to unlock their equity, get out from under hard money and ultimately expand their portfolio.  This is a cutting edge product that's generating a lot of excitement from real estate professionals.  With…
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Added by Don Green on August 13, 2014 at 2:00pm — No Comments

Hi, My Name is Don and I’m a Broker…

I really appreciated Admin’s recent post about people pretending to be what they’re not. “If you’re a broker, say you’re a broker!” I believe he said. I agree, but at same time my thought was: “Um, I’m proud to call myself a broker,” and I’ll tell you why:

Direct vs Indirect (Broker)

Part of the confusion comes from…

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Added by Don Green on August 12, 2014 at 5:55pm — 7 Comments

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