Alright Guys, Im taking action!!!

[phlemboy]

When you start to think like an investor, the world looks different doesn't it? When people are saying that there aren't any deals out there, are not thinking like an investor. Their eyes and ears are not trained to detect potential.

[John_NM]

He said he didnt want to do the 'I give him 500 dollars, he gives me 5 days to find a buyer' deal.  Unless I had 40,000 cash right then he would rather just wait on that other guy who MIGHT buy it is 2-3 days.

How should I reply to a person like that?

First off congrats for taking ACTION.

I had a similiar situation on my very first deal. The seller wanted 20k cash for her house. Another buyer looking at the house when I arrived offered her 19k CASH. Well I had NO cash, so here's what I offered her. I offered her 21k (1k more than her asking price and 2k more than the cash offer she just received) with 1k down and the balance within 6 months, plus I added that I would pay her 9% interest on that 20k balance. This seller said she needed the money right now and couldn't wait, but when I made her realize that she could make a couple thousand more by waiting a few months for her money she agreed and accepted my offer, I just about fell over because I knew all I had to do was put about 5k into this place and sell it for around 60k, that's what I did too, I sold it for $58,500. The point of my story Hoosier4life2005 is get creative, you never know what these sellers will accept until you ask. Don't be afraid or embarresed. This one deal made me a believer and I haven't looked back since. I have been really busy with rehabs, three this year already.