A question about "All Cash Offer" - Posted by Isabelle

Posted by Jack Compton on October 27, 2000 at 01:03:02:

Hi Isabelle,

I’m an investor in north Texas.

When I do an “all cash offer” I’m offering to cash out (buy the property) below market value for a cash on the barrel price.

When you flip a property, you only want to bind it with a deposit (unless you’re going to rehab, in which case you’ll purchase and then resale), but if you don’t rehab it, you can find a buyer before the closing and flip it to that buyer for a profit. You simply incorporate “or to my assignee” in the contract to purchase. That permits you to assign your rights in the sale to whom you flip to.

The CS program will work wherever motivated sellers live.

If you’re interested in out-of-state investments, I can help you find some deals in north Texas or Oklahoma. No charge. I’m not a realtor or broker, just an investor. Have a good weekend. :slight_smile: —Jack

A question about “All Cash Offer” - Posted by Isabelle

Posted by Isabelle on October 27, 2000 at 24:36:07:

I have a question about “all cash offer”.
what does it mean and how does it work?
does ‘flipping’ work for this as well?

p.s. anybody know if CS program works in NJ?
and any advise about out-of-state investments?

Thank you for your time!

Re: A question about “All Cash Offer” - Posted by Mike

Posted by Mike on November 16, 2000 at 13:51:30:

Yes the program works in NJ. I live in NJ and have generated nearly $250,000 in net worth over a year and half time.