greg murphy


All About greg murphy

greg murphy's picture
Name: 
greg murphy
Location: 
booneville ms . 38829
Interests: 
spending time with my family and learning as much about realestate as i can

Topics I've Participated In

Basic Info

Occupation: 
investor
Children: 
Have Child(ren)
Education: 
Some College
Status: 
Married

Guestbook

Absolutely awesome!!

Greg,
All I can say is WOW!! I loved your call with Dean recently. (March 24th) It was so awesome hearing you talk about how you did it and everything. I want to hear more!
I am dying to get it off the ground as you did. (and many others here).
I actually recorded your call and played it for friends (as I did with a couple of other calls too)
I'm not sure if I will be in Phoenix for the event and I really wanted to meet you.
I am thrilled with the results you had and I know you are well on your way!
Thanks for sharing your success! WOW!
Michael B

Hurting in L.A.

LilyfrmLA's picture

Greetings Greg,
My name is Lily and wanted to say Thank you for the insert in Deans new book, I did follow your steps thus far and printed some fliers like you did. Yesterday I started to post them up at the nearby starbucks. Havent gotten calls yet but am anxious to build up on Lease Options. I hope you will write back to me sometime, so that I can pick your brain a lil.

Thanks
Lily frm LA

Greetings

Hi Greg...
I'm brand new to this and I read your stories in Dean's book and other materials. I believe my story is similar to yours in that I have no money and desperately need a way to get some to get started in this. Any suggestions? I'm up in New York State about 30 miles outside of New York City. There are many, many properties up for sale by owner around here. 6 or 7 just within a couple miles of my apartment. I walk by them every day during my daily walks. What would be the first thing to do? Thanks for listening and best of luck to you with your investing....Keith

Welcome.............

MyDestiny's picture

Hi Greg,
just wanted to say welcome to a life changing event! I would start by building a buyers list. signing up with real estate clubs. Placing investor's ads in stores. Getting business cards so when you approach a seller you can leave them with contact info. I am focusing on doing assignment offers in chapter 8 of the book. This will help gain some capitol without having to use your own funds. Much success..............Lubertha

Assignment of contract

veryinterested's picture

when you have done them can you explain what steps you took to do it?

Bob Ross

Lease Option Strategy

CameronBard's picture

Greg,

I want to copy your strategy for lease options. My credit is in the crapper... I can identify with where you were when before you got Dean's course. So I KNOW that I can accomplish my dreams if I just had a little direction from the "Lease Option King"

I understand that once I find a motivated seller with mortgage payments that can compete with the local rent in the area that I will do a "debt takeover" and tie up the property with a lease option contract.

I will have my buyers list complete before this step making it very easy to re-lease the property to my end buyer that same day if I want to. Then I will cash flow on the property till we can get my end buyer financed.

What I need help with is understanding the legal part of using a deed to secure the rights to sell the property to my end buyer.

Do some bank mortgages have a term that don't allow this strategy?

Do I only need a quitclaim deed and a lease option contract between me and the seller?

Can I use a contract deed between me and the seller and then just use a lease option contract between me and the end buyer to simplify the process?

Would you be willing to email me copies of all the contracts and forms that you use?

I know that I can do this. I have overcome all the obstacles in myself and am willing to make as many mistakes as I need to get it right.

All I need is some step by step directions to follow. I am asking for the "recipe" if you have it written.

If you don't have it written can you please write it or mentor me a little?

With a little help I will be off an rolling.

Here is my email:
cameronbard@live.com

Please Help!!!

Thank you so much.

Your story gave me the confidence that I could do it to so thank you for being so candid...

-Cameron