D-HI's Profile


All About D-HI

D-HI's picture
Name: 
Darren
About Me: 

REI is in my blood. I have loved it since I can remember. I have recently taken action on my love for RE. I finally completed my first deal!!! My first deal was a short sale. Took about 4 months to complete the entire process. (this is from 2008)

cbr says:

Step One: Meet people that want to invest in real estate

Step Two: Find out what they want to buy (and how much they will pay for it)

Step Three: Find a deal that fits what they are looking for

Step Four: Lock it up far below what they are willing to pay

Step Five: Sell it to them at a good deal and leave room for a profit

Interests: 
RE, rehab, design

Topics I've Participated In

TitlePosterRepliesUpdated
"We Buy Houses" bumper stickers - Do they work? thishousebuyer103 weeks 4 days ago
Assigning question benbeka4424 weeks 3 days ago
Roadmap to raise 100% financing for a rehab/refi nmbiggar929 weeks 1 day ago
What Is Owner Financing Anitarny12413 weeks 4 days ago
LLC Benefits FDrake41218 weeks 5 days ago

Basic Info

Occupation: 
Network Engineer
Education: 
Some College
Status: 
Married

Guestbook

deals

Are you an investor?

lilt

D-HI's picture

yes, I put out offers and letters daily.

getting started without any money

My wife and I are living check to check with 2 many month left before the next check. Sad Can I do this on a disability income with bad credit? I want to do this, I have tried other methods, could never find someone that wanted to be the bank in a "no money buy"? I have books, dvd's, websites etc. all of them are stating listen to this first, read this first, watch this first. Any help would be really awesome Smiling

yes

REO

PLEASE EXPLAIN TO ME IM INTERESTED. THANKS

REO

D-HI's picture

is a BANK owned property that they foreclosed on. It went to the tax/auction sale and did not sell. It now goes on the Banks books. They list it with an REO real estate agent on the MSL and try and get full market value. These are where you can get some deals if the Bank if fed up with it and willing to take a lowball offer.

Iron Clad Invoice

I'm looking to find this form. If you can give me any info. on this, I would appreciate it.
Also, I live in Northern N.J. and I'm trying to find someone in my area that's as motivated and focused as I am to maybe team up with... Have any suggestions ???

Thanks.....

can you reaasign REO's

How do ya work with realtors when you want to reaasign your REO contract for fee....

Hello

Can someone give a step-by-step example of what they did?
Mydbizy

step by step

can someone give me a step by step walk through on how to do and assignment deal from start to finish

bnpril and mydbizy

Elena M's picture

You find a motivated seller, lock up a contract (with a purchase agreement), sign your full name and/or assigns on the contract, open escrow with a title company that does double closings. Then you find an end buyer, sign an assignment agreement with them, take that to the title company and wait for your check. You use two seperate contracts, a purchase agreement and an assignment contract. All this information is in a previous post, so good luck!
God bless,
Elena

finding a mentor

i'm willing to put "dean's list-special report" into practice...so can u give me a hint on how to find investors interested i paying a finders fee... bytheway the name is victor...I'm 20 years old college student...and will be very helpful if you'd happend to know how to use and/or assign to genarate a hire profit as a finder...

RI Wanted...

Hello,

I'm looking for an investor for a unique situation. I need someone to pay $145,000 for a property that's worth approximately the same. It could easily be rented for $1,200 to $1,300. The house is a 2200 square foot manufactured home with 4 bdr., 2 bath, a game room, a huge living room, a huge kitchen with a walk in pantry, a dining room, and a laundry room. It's on ½ acre of fenced land in a semi-rural area on the outskirts of Rio Rancho, NM. It is the largest and nicest in the neighborhood.

During the housing boom, Rio Rancho was the 3rd or 4th fastest growing city in the US. What the investor gets - Rio Rancho and the state are going to extend Paseo del Volcan to connect to Paseo del Norte (NM 550) to improve the commute to and from Albuquerque. This new extension crosses the road on which the house is located about 4 houses away. This gives the potential for the value of this property to seriously increase. In the mean time, this property could be a good rental property with positive monthly cash flow.

Please contact me for more information.

Thanks,

Sean

Rio Rancho City Website: http://www.ci.rio-rancho.nm.us/
Paseo del Volcan Proposal: http://www.ci.rio-rancho.nm.us/index.asp?NID=980

Hazco

Have you closed any deals yet? Fill us in!

Thanks,
Cory

Hazco

MyDestiny's picture

Hi Alfredo,

Welcome aboard this life changing event! I too am looking into doing assignments. I have found that reading chapter 8 in Dean's book, really gives you a great deal of information. Also using the search engine on the home page, offers you previous forums that discuss in length on assignment's. Continued success...........Lubertha

Thank you and you bet your

Real Estate Master's picture

Thank you and you bet your bottom dollar I'll become a millionaire and hopefully a billionaire (The only reason I would want to become a billionaire is to help people with it!)I dont tell people all I know because it isnt very smart to do so because I need to make it before I can tell anyone. Eye-wink

I spend more time on this

Real Estate Master's picture

I spend more time on this site then fun sites like drawing sites and stuff.

Know Any Lenders in NJ

John A's picture

I haven't made my first deal on getting a property yet because I'm having a had time finding lenders in South Jersey area. Since you live not too far from Jersey perhaps you can help me in this area, I would appreciate....thanks!

thank you for allowing me to

thank you for allowing me to be apart of this family it's truly an honor.

hi there

alaska1971's picture

hey there i wanted to share this with you , im inviting you into a private member only org

www.globalinformationnetwork.com
code 1500379

i think you will thank me later ,
sincerly
mike

Hey Hazco

GBU Ventures HQ's picture

Just wanted to say thank you and

God bless

Foreclosures for $26,900 includes rehab

bluesummerventures's picture

I hooked up with a great company down here in Southern Cal. The company is buying bulk 600 homes at a time. We are selling them for $26,900. They are refurbed for you and rent from $450-$650 per month. You have option to sell on a land contract or rent out. The company will sell it for you and place a buyer in it. You become the note holder/bank. They make payments of $500 to you for 15 years which will be $90,000. So you are helping families get into homes and own them in 15 years.
Or you can rent them out $450-$650 per month and wait until the market picks up and cash out big time. You already have equity in the home when you purchase them.
Investors here are buying 10 at a time and getting one FREE. Yes FREE. Wild huh.
The homes are in all different states such as Texas, Kentucky, MO, IN, Ohio and many more.
I will give you a $300 referral for any clients you bring me that close on a home.
The price won't be at this low price long. They said they will be raising them soon.

Foreclosures for $26,900 includes rehab

bluesummerventures's picture

Try these.
I hooked up with a great company down here in Southern Cal. The company is buying bulk 600 homes at a time. We are selling them for $26,900. They are refurbed for you and rent from $450-$650 per month. You have option to sell on a land contract or rent out. The company will sell it for you and place a buyer in it. You become the note holder/bank. They make payments of $500 to you for 15 years which will be $90,000. So you are helping families get into homes and own them in 15 years.
Or you can rent them out $450-$650 per month and wait until the market picks up and cash out big time. You already have equity in the home when you purchase them.
Investors here are buying 10 at a time and getting one FREE. Yes FREE. Wild huh.
The homes are in all different states such as Texas, Kentucky, MO, IN, Ohio and many more.
I will give you a $300 referral for any clients you bring me that close on a home.
The price won't be at this low price long. They said they will be raising them soon.

What's next

OK lets assume you lock up the contract. The contract expires and still no motivated buyer...what happen..just asking....dom

keep it up

That's cool you do it first and when you become millionaire share your knowledge. I am also interested to be one on that level but the problem is on how to start it. I have all the resources and the knowledge but my concern is on how to start it. Maybe once I started it it will go very smoothly. Thanks for sharing dom...

HOW TO?

Hello I am really wanting to open my own business. I just wanted to know where to start and if I need a broker or agent or something? I want to find a property possibly do a short sale and find a buyer. just an overview. also i want to start to do loan modifications? is there laws that you need/ any certain liscences to do so? where would i gather the info?

Looking for a 3rd party investor to c lose my deal 55% LTV 25 SF

I have deal in the works of 25 SFR in Memphis TN. I have a signed contract from the seller for 55% LTV. (tax assessment valued @ $1.2M)All income producing properties 100% occupied with a 95% monthly rental payment income steady. I have a hard money lender approval letter for aquisition at 65% LTV. So not including securities and credits from properties I am looking at 10% cashout at closing minus closing cost and broker fees. I am looking for a $25,000 investor to help me go to close to pay for appraisels and lender fees. They will get a Rate of Return of 50% of their investment. That is a $12,500 profit in 30-40 days.

If you are interested please contact me:
Keith
609-332-3841
kingdomfinancialinvestments@****

PLEASE ONLY SERIOUS INVESTOR CALL!

God Bless,
Keith

I am also open to a serious assignment deal.

Loans

Do you invest/loan money on a great deal, if so what are your stipulation for the deal to work. Thank you

FSBO

I sent out 21 letter to FSBO's one called me and asked how could I do it his property was worth over a million dollars. When these people call me what do I need to know what to say and what paperwork should I have for them to fill in?

I like that picture of the

I like that picture of the bull. can I ask? Was that picture taken in manhattan NY, If so I know where exactly were the bull is.

Question on tax liens

lpzenterprize's picture

do you recommend for a newbie to start investing in tax liens? Can I assign a tax lien property? Need help where to start thanks for your time and advice!

May You have Great Success

JJD's picture

May You have Great Success on your Journey!

Thank You for All that You Share.

JJD

keeping it simple

joeyharp_2001's picture

Saturday 09/11: I'm sure like so many I'm seeking "Cash Buyers Up Front" before I seek properties to do Assignments. I've been checking out the REI Clubs and such (where I've found you). Also, I've Googled on-line. What I'm finding difficult is establishing what "criteria" cash buyers are looking for up front. Beyond the details and nature of the actual deal, are they looking for homes or properties in a particular price range? And how about California? Because of our states particular problems, is it going to be difficult finding cash buyers for our market(s) (I'm in Ventura County [Simi Valley] and I'm on the boarder of the West San Fernando Valley [L.A. County] of which both areas have very diverse economic areas). It is my understanding that if the deal is right, the deal is right and the Cash Buyers will be there. The DG coaches I've talked with continue to be really helpful but I haven't asked any of them what I'm putting to you. You've been around the block for years. Is it as simple as "...if the deal is right, the Cash Buyers will be there?

Thanks for any helpful thoughts on the matter... or a simple "Yes, they will!"
Joseph

Hi, hope to network with you

Hi, hope to network with you on this site. If your an invesetor, you might also want to join **** , its free and like this site allows you to network and find local RE investors. Its free, good luck and speak to you soon!

hi

that is awsome you got a deal im looking to do one too

hi

i need help on doin my first deal

assignment

would you do assignment of contract or have connection with cash buyer investor and have connection with mortgage banker that would do loan without seasoning period , if so
pls pm me
neil1969

for investors ready to buy

jahaira27's picture

Hey I have a list of houses at 40% off!!! If your ready to buy,we are ready to sell. In FL lets make this money!!!

Newbie

Newbie,
Doing my RB blueprint homework; visiting the DG website and reading FAQ's, blogs, info...really liked your comments: cbr says; step 1-5...find it, lock it up for a profit...gotta love it..can't wait. didn't know whether to try to join your group as a newbie?

WHOLESALEING

WHAT DO I NEED TO PRODUCE TO A INVESTER OR SUBMIT AS IN THE WAY OF PAPER WORK .ALSO THE TOTAL VIEW REALESTATE REPORT WITH ALL THE PROMPS AND WHAT ELSE SHOULD I NEED TO PRESENT ????

assignment

how do u assign deals to investors and where do u go to find such investors.when i have a killer deal whats the first thing that i do.

Estimate Sheet

cunchis1's picture

This is Great Thank you!!

Assigning a Deal!!!

alexbee's picture

Your best bet for info. re: to
assigning = check with the DG academy!!

That's it & Good Luck.
Alex

assigning a deal

I was wondering if you could be my mentor,Iam stuck on the contracts of IEE and assignment deal.Is there anyway you could walk me through it step by step and show me what exactly which contracts to use.Pictures would be nice,Like email me some examples of the contracts(what they look like)I noticed in the book their not always named exactly as the book calls them on the site and they look different.It's confusing AND Iam a newbie so if you can help me I'd really appreciate it. My e-mail is kyuubifirefox@****

- Beth

steps

sboyd77's picture

Hi Darren,
I like the straight forward step by steps you provided. "There is nothing short about a short sale."

Are regulations changing prohibiting double closings in some states?
I heard a tidbit of this information from a realtor..?

RE INVESTING in PA with no money or credit

Is anyone investing in Pennsylvania ? We are starting out & really could use any help we can get. We have found out that you need a RE license to sell RE in PA.We can't seem to get a straight answer on whether assignments of contract are legal here. Spoke to RE attorney who was very vague. Even if they were legal,that would still fall under selling. CAN ANYONE SHED SOME LIGHT ON THIS SITUATION ??? We understand that birddogging is an option,but we really had our hearts set on locking up contracts to sell to end buyers. WHOLESALING. We don't have alot of time,money or credit. THANKS FOR ANY SUGGESTIONS !!

Birddog agreement - Getting Started

Do anyone have the exact website for the birddog agreement created by Dean? I tried to download from Dean's website but it only download scrambled information.
As well, what forms and at what point are they submitted. Would greatly appreciate any info per steps used. Your assistance would be most appreciated. PS -Used the website found in 30 Days to Real Estate Cash's Book.

first deal

very scared