So, I get the call on Thursday...an excited investor that found me (of all places) on ActiveRain. The investor is pre-approved, and unlike many calls I've been receiving from graduates of some awful "investor class" they are actually looking to take title to properties rather than wholesale, and start a portfolio of rental properties. We discuss some strategies, and decide to meet on Sunday. I set up eight showings on some rather distressed properties requiring total rehab. The investors gladly watched as I unboarded home after home with my screw-gun so that they could take a look. The second to last one of the day was a winner, they asked me how we would go about writing an offer. I explained the process, and notified them that there were special bank addendums that would be requi...
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