Oct 1, 2021
In this episode, I welcome John Culbertson! John helps private investors get their money working with good, safe interest income that will maximize their investment dollars while minimizing their risk. John has designed several attractive programs to work with individual investors. By working with clients directly, John has been able to cut out the "middle man" --- the banks. Why should you be paid only a paltry 1-2% for your hard-earned money when you can earn as much as the banks? John and the company he works for help the community by improving the homes they purchase and building better neighborhoods by helping those who need good, safe housing.
Hop right in on this episode and learn more about short sales and how they work. John breaks down short sales to detail and shares why this type of transaction is the most challenging one in the real estate business. Listen in!
[00:01 - 13:39] Breaking Down Short Sales
[13:40 - 22:58] What You Need to Know Before Going Through Short Sales
Tweetable Quotes:
“Short sale gets them out of their situation without having a foreclosure on their credit report. When they are approved, and we close a transaction, what goes on our credit report is satisfied or settled.” - John Culbertson
“These are deals that everybody throws in the trash, but they don't have to be. If you got somebody knowledgeable and an expert in these things, we will get them done.” - John Culbertson
Connect with John on LinkedIn!
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Connect with Lorren Capital, LLC. for syndicated multifamily investments, https://lorrencapital.com/.
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