@@FlippingMastery Sorry I couldn’t make it to PR this week! But trust me, it’s on my agenda, bro - milanesas and empanadas! I can already see the dream coming true!
Thanks for the breakdown of the deal. I wish you would’ve went into a more detailed explanation of the terms such as LTV/LTC. I will be utilizing your pilot program on my next one.
Jerry, since hard money requires the PML to be a member of the LLC, How do you handle that part? 🤔 All HML I spoke to said if I have funds from anyone else within the last 90 days, they must be on the operating agreement and part of the LLC.
You better have some funds stashed away to pay just in case. Don't let that discourage you, just vet the deal, make sure you are likely to sell in a short amount of time
Hey man I’m 17 and I wanna learn how to whole sale please help me out man I have a couple months until a graduate and I wanna do something that actually creates wealth instead of spending 4 yrs in college
So, in the past people have said “send me a deal and ill fund it blablabla” but then they run off with the whole deal snd steal it. I would need notarized paperwork before I send anyone any deal of mine.
@ don’t know why it would make you mad…this happened to me more than once so…. How am I supposed to know? These people had millions in their pocket too. How would I know Id be protected if I bring a great deal to the table, to know it wont be taken? It’s a valid question especially considering how many people get screwed over doing that.
It's called a Memorandum of Agreement that puts a lien on the subject property in that event. You record it with ur county clerk n all that. Means u get paid no matter what! I believe it's discussed in one of Jerry"s videos.
You learn that quick in this business when just beginning. It’s what scammers do to get leads. They connect with you use you to get that good deal, listen to all your details and then make an excuse why it won’t work but it does. Simply because they learned how knowledgeable you are and take advantage of your weakness. Be careful.
I'm a new construction guy, 6 townhome project in booming Charlotte, NC! The $1.2M HML to cover construction is easy, I'm short about $200k (PML?) to cover soft costs, $2.73M ARV! Anyone interested in providing $200k for 20%?
If you have a deal under contract to flip at 65-70% of ARV go here to apply for funding:
share.hsforms.com/1nuwhjvpVRw2bxIwEGILyuA8nqjc
Anthony is Flipping Genius!!!!
Excellent explanation
This is perfect!! I'm currently looking for my first flip and feeling lost when it comes to finding funding. Jerry you're Flipping Genius!
flipping genius, props to you man
Jerry you're a flipping genius. I really needed this video today. It confirmed in spot on with my numbers
Jerry you are a flipping genius
You are a Flipping Genius Señor Jerry, muchas gracias!!!
Jerry Einstein ain't got nothing on you, you're more than a genius, you're an Angel
Jerry you are a Flipping Genius!
Thank you for the content you create, sir
Jerry, you're a flipping genius!
Thank you! Excited to begin my investment journey with your knowledge here to help. Thank you!
Fantastic!
Jerry, you are a Flipping Genius and I will be in touch soon.
Thank you Jerry, I love you brother, this is a easy example that you are a flipping genius!!
Can’t wait for you to make me empanadas!
@@FlippingMastery Sorry I couldn’t make it to PR this week! But trust me, it’s on my agenda, bro - milanesas and empanadas! I can already see the dream coming true!
@ can’t wait!
Thanks for the breakdown of the deal. I wish you would’ve went into a more detailed explanation of the terms such as LTV/LTC. I will be utilizing your pilot program on my next one.
This is awesome Jerry. This would say a lot of time and allow people to close a lot faster. Where is the link to submit a deal?
In the description
I got that same shirt Jerry!
Jerry, since hard money requires the PML to be a member of the LLC, How do you handle that part? 🤔
All HML I spoke to said if I have funds from anyone else within the last 90 days, they must be on the operating agreement and part of the LLC.
Is hml not willing to give 100% of the loan?
Hey Jerry would this work for the take down method? Novations etc?
Am I crazy or did you not talk about how to come up with 20% for HML?
Jerry, it says you will fund only the closing costs not the rehab etc on your 1K offer. ?
So this applies to As-is purchases for resale or we talking fix and flip? Then resell? With your 100% funding option?
Does this mean funding specifically on the deal itself only or will flippers credit be an issue here?
Thank you in advance
Merits of the deal only!
Awsome! Is this lending program available in Chicago? I have a deal that meets the requirements.
Yes!
Hey Jerry, love your work. My partner and I have a deal that meets criteria in Pennsylvania. Is your program available in PA?
Philadelphia in particular
@@SerenityCapital yes
how are you going to flip at 150K without adding any value (rehab) to the property ?
On the video I said buy for $80k, rehab $20k, sell for $145-150k
What if you don't sell in 4 months?
You better have some funds stashed away to pay just in case. Don't let that discourage you, just vet the deal, make sure you are likely to sell in a short amount of time
Then you owe another payment to HML
Hey man I’m 17 and I wanna learn how to whole sale please help me out man I have a couple months until a graduate and I wanna do something that actually creates wealth instead of spending 4 yrs in college
Can anyone help me? Im not getting $3,500 as the interest in 80k HML portion. Im getting $2,600. Can anyone break down how he got there?
$80,000 x 13% = $10,400 annual interest
$10,400 / 12 = $866 mo interest
$866 x 4 mo project = $3500 total interest
@FlippingMastery ahhhhh i was doing 4 months not annual. 4 months is just our rough time frame! Ty Jerry!
So, in the past people have said “send me a deal and ill fund it blablabla” but then they run off with the whole deal snd steal it. I would need notarized paperwork before I send anyone any deal of mine.
Yea that’s what I want to do… steal your deals. 🙄
@ don’t know why it would make you mad…this happened to me more than once so…. How am I supposed to know? These people had millions in their pocket too. How would I know Id be protected if I bring a great deal to the table, to know it wont be taken? It’s a valid question especially considering how many people get screwed over doing that.
It's called a Memorandum of Agreement that puts a lien on the subject property in that event. You record it with ur county clerk n all that. Means u get paid no matter what! I believe it's discussed in one of Jerry"s videos.
@@FlippingMasteryyou can steal my deals. I have many properties for you. Truth is I can utilize your services and appreciate your video.
You learn that quick in this business when just beginning. It’s what scammers do to get leads. They connect with you use you to get that good deal, listen to all your details and then make an excuse why it won’t work but it does. Simply because they learned how knowledgeable you are and take advantage of your weakness. Be careful.
I'm a new construction guy, 6 townhome project in booming Charlotte, NC! The $1.2M HML to cover construction is easy, I'm short about $200k (PML?) to cover soft costs, $2.73M ARV! Anyone interested in providing $200k for 20%?
I would only be interested in funding both 1st and second
@@FlippingMastery - any interest, let me know, thanks!
@Jerry Norton so you telling me that I can connect with you to get that 100% coverage I been dreaming about? 😮😊
Yes!
Jerry you're a flipping genius
Jerry you're a flipping genius