Real estate investors are finding they are facing fierce competition and new obstacles at every turn today but that doesn’t mean that there aren’t still big profits to be had from flipping houses for those who know how to be resourceful.
Real estate investors face 4 major challenges today:
This has been especially true for real estate investors hunting for distressed property deals recently. Sacramento is essential tapped out for REOs, sunny locations such as Key West and Destin, FL continue to see well-priced homes selling in just days and Silicon Valley? You had better be ready to pay well over asking price and bring a trunk full of cash to do the deal on the spot.
The Detroit area was just ranked the 2nd most affordable U.S. city for buying a home by CNN Money and combined with low home prices and a real estate market which is rebounding faster than most of the rest of the county has created a tremendous demand for any publicly listed REOs and foreclosure auction properties.
Wouldn’t it be great if you could find well-priced wholesale real estate deals, both individual homes and bulk packages without the bidding wars in the best neighborhoods at good prices?
News coverage of the grand opening of My Coordinator LLC a Romeo, MI title agency highlighted the firm’s investor friendly services which include facilitating double closings for those using transactional funding for flipping houses as well as a range of auxiliary services for out-of-area investors needing assistance setting up operations in Michigan.
Press coverage of the event and an interview with the title company owner Erika Weichel also highlighted how the company provides a FREE 6 YEAR MARKETING service to clients with regular follow up to investor’s clients on their behalf, helping to automate marketing and reduce costs. Being wired into the local market and working with many investors and struggling local homeowners as well as maintaining a large database Erika also says she has wholesale properties available for those looking to acquire rental homes or flip houses in Michigan and several other states.
Definitely worth looking into for any investors butting their heads with any of the above challenges and those flipping homes in other states may wish to look for other agents of Continental Title who may offer similar services and be as open to aiding investors...
"I want thank you for the excellent service I received from Best Transaction Funding.The quick response I received from your company from the beginning of the transaction and to the end was unbelievable. I also want to give a special compliment to you as well. You went to great lengths to keep me informed and gave my title company all the information they needed to complete a successful closing. I cannot express how thankful I am. Such service builds great working relationships. I will definitely recommend Best Transaction Funding to all my fellow investors. Thank You."
- Frank Olaitan, Real Estate Investor, MD
"I can't thank you and your company enough for providing funding for our latest project, and right at the last minute. You came through with funding in less than 24 hours and coordinated with the closing agent and attorneys like you had been involved with our project the entire way. I'll know exactly where to call for the funding we'll need for our next project."
- Dave Pricken, Real Estate Investor, NJ
"Thank you so much! I just had a talk with our Realtor on both properties and told him amazing things about your company!... Normally I rehab the houses and re resells them. I just don't have the patience for that work anymore. This [transactional funding] is such a better way for me and less stress."
- Steven Kupecz, Real Estate Investor, TN
"We want to thank you for the exceptional customer service you provided. No one comes close. We had contacted a competitor the same time we contacted your company. Your company responded with in a few minutes while the competitor has yet to respond weeks later even after multiple phone calls and emails. Thanks again for the unmatched customer service."
"We had looked into several transaction lenders for a couple properties we were trying to flip. Your company was the most responsive and had the best pricing. Even though we had logistics issues with the B/C lender, your company acted very professionally and handled our requests beyond our expectations."
"Thank you for your commitment to an excellent customer experience."
- Phoenix Properties, LLC, Ronald Destefani, Investor, PA
"I was studying on how transactional funding works and you guys had the best and most thorough explanations posted so I could fully understand the details in back to back closing. I'd already started setting everything up but your video confirmed that I'm on the right track."
- La'Donna Turnipseed-Scott, Investor, LA
"....a few months back, I happened upon a video, on your site, regarding the use of transactional funding with Hud properties; and I found myself replaying the video over and over because of the value that I saw in the message...it actually explained the process, step-by-step on how to submit a Hud deal by using transactional funding. Once I completed the video, my initial response was to take immediate action by duplicating what I had learned from the video into real time. So I did some research on properties in a market where I knew I had buyers; and put together a hud deal. I then located a realtor able and willing to submit my bid online and within a couple of days, to my surprise, received a call telling me that I had won – my very 1st Hud bid."
"To you I say, ”KUDOS to Best Transactional Funding and Thank you for providing the education and services to Real Estate Entrepreneurs like me. Please keep up the good work!'"
- T. A. Davis, Investor, NJ
"You each deserve high marks for your wonderfully quick response time to each of our questions and requests! You hit home runs with us! Your application system was easy to use. Our deal met your qualifications and every time Rob Kozak or any member of Mystic Properties, LLC phoned, we received a "real" person dialing back to speak with us.
Your patience and persistence were exceptional in dealing with our business interests. Thank you for such great customer service! We look forward to working with your staff, again, in the future. We like referring people to you, as us, our team would have missed-out on an excellent earning opportunity.
Your help negotiating with our title company made our back-to-back deal, finally happen. People noticed on settlement day how effectively and efficiently your part of the transaction was organized and executed. Again, thank you for truthfully being the "BEST" at what you do!"
- Diane McAdams, Mystic Properties, LLC, Real Estate Investor, Pennsylvania
"Boy, you guys are impressive! I can’t thank you enough for scrambling and getting my deal done at the last minute like that. You and your team were awesome!"
- Donna Bauer, The NoteBuyer Inc., Real Estate Investor, OH
"Thank you so much for working so diligently with me. Your services really are the "BEST". I look forward to working with you in the near future!"
- Ericka B., Real Estate Investor, CA