presentation on house flipping for interested investor who believe me that i am
TRANSCRIPT
MINH VO/NATHAN TERRY JR/NIKKI RALSTON
FLIP HOUSE WITHIN 60 DAYS WITHOUT CREDIT
SPONSOR BY
TNV TRUST (TNV & ARNETT LLC)
#3#3START LOAN START LOAN
APP AND OPEN APP AND OPEN ESCROWESCROW
#2#2RESEARCH FOR RESEARCH FOR
PROFIT AND GAIN PROFIT AND GAIN COMPARE 1 MILE COMPARE 1 MILE
RADIUSRADIUS
#1 #1 FORECLOSURE FORECLOSURE
LISTLIST
#6#6WITHIN 3 DAYS LEFT TO WITHIN 3 DAYS LEFT TO CLOSE ESCROW MUST CLOSE ESCROW MUST
CHANGE NEW ESCROW CHANGE NEW ESCROW TO NEW PROSPECT AS TO NEW PROSPECT AS
PENDING TRANSACTIONPENDING TRANSACTION
#5#52121STST DAY SHOULD BE DAY SHOULD BE
COMPLETION OF COMPLETION OF INSIDE FOR INTERNET INSIDE FOR INTERNET
VIEWING TO NEW VIEWING TO NEW PROSPECT BUYERPROSPECT BUYER
#4#4START START
CONSTRUCT CONSTRUCT DURING 1DURING 1STST 30 30
DAYS ASAPDAYS ASAP
CONTACT LISTING AGENT FOR
FORECLOSURE LIST ACCORDING TO THE
DESIRED ZIP CODE WHEN DOING RESEARCH.
STEP 1STEP 1
STEP 2STEP 2GET PRE-APPROVAL LETTER READY AND SCOUT THE PROPERTY FROM GOOGLE EARTH OR GO TO PROPERTY ADDRESS LISTED FOR APPRAISAL BELOW PRICE LISTED DUE TO DEFECTS AND EXCEL CALCULATION WITH A CONTRACTOR TO ESTIMATE COST OF RENOVATING TO LIVING CONDITION IN ORDER TO SELL WITHIN 60 DAYS
STEP 3STEP 3FIND LENDER AND BROKER PROVIDED AND COSIGNER PARTNER WHO HAVE BETTER CREDIT WHO WILLING TO GO
IN WITH THE DEAL WITH YOU PART OF THE PROGRAM ESPECIALLY FHA LOAN
TO HELP THOSE WHO HAVE NO CREDIT WITH NO DOWN OR 1%, THEN
SPLIT THE PROFIT ACCORDINGLY DURING NEGOTIATION PERIOD.
OPEN ESCROW BY SIGN A CHECK AND DELIVER TO TITLE COMPANY OFFICE WHICH SAVE TIME. CONSTRUCTION AND REMODELING AND RENOVATING START ASAP WITH THE LOCAL CONTRACTOR. MAKE 25% DEPOSIT TO CONTRACTOR TO START
BASIC LIVING CONDITION SUCH AS CARPET, BATHROOM IS NUMBER 1 AND KITCHEN IS #2. PAINT EGG
WHITE SHELL UNDER COATING ONLY LET THE NEXT BUYER
DECIDED TO CHOSE WHICH EVER COLOR HE OR SHE SO DESIRED.
ADD DISCOUNT PRICE WITH CONTRACT LICENSE FOR FIXTURES , LAMP, LIGHT, DOOR, KNOPS, ETC, MAKE IT TO LOOK AS HIGH CLASS AS POSSIBLE TO THE EYE OF THE BEHOLDER USUALLY METALLIC METAL STAINLESS GLOSS AND STAINLESS STEAL KITCHEN APPLIANCES FOR THE WIFE OR THE WOMAN WHO LOVES TO GO IN THE KITCHEN.
MOHAGONNY PINE DARK WOOD CABINET IS A MUST OR CHERRY OR SIMILAR AND LAMINATE MARTERIAL IS OKAY. BEDROOM IS CARPET CREAM VANILLA IVORY WHITE AND WALK WAY, LIVING ROOM, KITCHEN, AND FMAILY ROOM SHOULD BE LAMINATED WOOD CHERRY OAK IF POSSIBLE.
TAKE PICTURES AS EACH WORK PROGRESS IN ORDER TO FIND NEW PROSPECT BUYER ALREADY AT MARKET PRICE TO START LOAN PROCESS…
AT 21 ST DAY INTO ESCROW INTERIOR MUST BE COMPLETED ON SCHEDULE FOR INTERNET VIEWING INCLUDING FRONT LAWN MUST BE GREENEST GRASS POSSIBLE . LIKE THEY SAID THE GRASS ALWAYS GREENER ON THE OTHER SIDE.
YOUR FRONT LAWN MUST BE THE BEST GRASS IN THE NEIGHBOR- HOOD AND YOUR NEIGHBOR TO YOUR LEFT , RIGHT, AND FRONT.
EXTRA EXCESSORY LIKE FLOWERS(ROSES) CAN BE ADDED
LATER WHEN ESCROW IS OPEN UPON DESIRED OF THE NEW OWNER.
ANOTHER 25% PAYMENT TO CONTRACTOR IF WORK IS DONE ACCORDING AS PLAN. THE REMAINDER 50% WILL BE PAY AT CLOSE OF ESCROW WHICH THERE MUST A VALID CONTRACT IN THE BEGINNING WITH CLEAR AND PRECISE AS AGREED IN THE AGREEEMENT BETWEEN PARTY’S.
OPEN HOUSE SIGN SHOULD POST EVERY WHERE IN NEIGHBOR
HOOD AND HIGH BALLOONS AND BE AVAILABLE FOR SATURDAY
AND SUNDAY AS BRUNCH OPEN HOUSE SHOWING TO
SURROUNDING NEIGHBOR HOOD PROSPECT.
FULLY FURNISHING THE INTERIOR DURING OPEN HOUSE IF POSSIBLE AND MILD SCENT CANDLE LIT AT ENTRANCE , COOKIES, CAFÉ. AND WATER BOTTLE WILL BE SERVED. MAKE SURE TO DECORATE THE BATHROOM TO ULTIMATE EDEN WHICH IS A WINNER.
ON THE 30TH DAY OR WITHIN 3 DAYS OF CLOSING ESCROW CHANGE BUYER TO NEW PROSPECT BUYER WHICH START NEW ESCROW BY SWITCHING OUT THE APPLICATION OR SIMPLE THE CASHIER CHECK AND THAT’S IT WE HAVE ANOTHER 30 DAYS TO CLOSE.
IF NOT PROSPECT BUYER AVAILABLE FOR CHANGE OF
ESCROW THEN WE STILL GOT 30 DAYS AS THE 1ST MONTH FREE RENT, THEREFORE WE DON’T
HAVE TO COME UP WITH A LOT OF CASH IN ORDER TO MAKE
PAYMENT TO THE BANK FOR THE FIRST 60 DAYS.
MUST ALSO WORK WITH THE REAL ESTATE AGENT AS THE BUYER AND THE SELLER AND WILLING TO CUT MORE PERCENT COMMISSION UP
TO 3% IF NEED BE AND IF THE AGENT IS A BROKER THEN USE
THEIR LOAN PROCESS THAT WAY THEY GET ANOTHER 1%.
ONCE ESCROW IS CLOSED AND ALL MONEY IS PAID
ACCORDINGLY TO THE CONTRACT AS SET IN
AGREEMENT BETWEEN PARTNER THEN …
WE ARE DONE.
WHERE WE THE PROFIT FROM THE TRANSACTION WILL BE RESIDE IN ORDER TO PAY MINIMUM TAXES PERCENTAGE
INCLUDING DEDUCTABLES FROM LLC TO BRANCES LIKE AN EMBRELLA OF TRUST WITHIN ANOTHER TRUST WITH INSURANCES AND BOND WHICH WILL PROTECT THE ASSETS AND PROFIT GAIN
INCLUDING LAWYER AND ATTORNEY REPRESENTED IN REAL ESTATE AND TAX LAWS ACCORDINGLY AND INCOMPLIANCE WITH FEDERAL REGULATIONS AND WITHIN EACH STATE BY STATES WITHIN THE LAND AND EASMENT OF THE united States OF America . INC EST SINCE 1776 in association with the East Indy Trading Company.