First and foremost again, I am very thankful to Cam and the team for the no fee funding. I am also thankful to you for your guidance and support on each transaction. You are always quick to respond and very helpful!
I am very proud of this particular deal because I have followed up with the seller for 6 months, before getting the property under contract. I found this property off of the Vacant House Data Feed, cold called the seller back in December of 2017. Introduced myself, did all of the rapport building on that initial conversation and made the seller feel comfortable. After gathering data and running my due diligence on the property, I gave her another call the next day to make an offer. Here is where it goes dark… the seller never picked up and went M.I.A for 6 months!
I thought it was the strangest thing, when she had shown such an interest in selling on that initial conversation. However, I do know that fortune is in the follow up and I’ve used iFlip to set automatic reminders to follow up with the seller. I set up the automatic reminders within iFlip and iFlip would text my phone every 14 days to call the seller. I kept leaving voicemails every 14 days for 6 months straight, from December of 2017 to June of 2018.
One day in June, I call the seller again and thinking to myself, it’s going to be another voicemail that I will be leaving; but again, I never gave up! Low and behold, as I go to leave my voicemail, and in the middle of that voicemail, the seller picks up! She remembers who I am and said that she had been very busy and a lot has happened within the last 6 months. She was “bombarded with life”. And to shorten the story, I caught her at a good time as a result of my persistent follow up. She was ready to sell, and I’ve sent her a Purchase & Sale Agreement with an agreed upon price ($100k)!
I personally dropped earnest money deposit and filed an Affidavit of Memorandum on this, because I knew this deal is hot and didn’t want it to slip through the cracks, after I have worked hard on following up. This property is located in one of the hottest zip codes in my market, there are always an influx of cash transactions, flips, and developments going on. I ran it by one buyer, who has bought many from me in the past. He accepted it at $160k!
Again, I paid nothing on fees using Cam’s funding, zip-zero-nada-zilch! I am forever grateful on a service such as this. Now onto the next!!!