www.stlouiswholesalerehab.com

It is easy to find homes now. It is not so easy to get financing. I have a GREAT solution to solve this challenge. It is called Credit Partners. Let’s create partnerships that utilize the best of both worlds. Let me explain how WR Properites, LLC (WRP) and you can work together to mutually benefit each other – create wealth together.

WRP (that’s me), the investor, are going to do the following:

1. Find the property

2. Evaluate the property (After Repair Value upfront)

3. Fix the property

4. Rent/lease option/flip the property

5. Manage the property

6. Market the property (Property Signs, Craigslist, Ads, MLS)

7. Maintain Relationships w/ REO specialist (Pre-Foreclosure / Foreclosure)

8. Handle Contracts / Title / Insurance / Inspections

9. Manage the buyer (Credit Repair, Collecting Rents, Screening Tenant / Buyer)

As an Income and Credit Partner (that’s you), WRP is committed to:

1. Buying a house with 30% equity or more or we find another one
2. Giving you (the Credit Partner) the TAX DEDUCTION until it sells or you buy it from them later at an agreed upon price
3. Using other peoples money to finance the deal (Private funds or Hard Money)

The Income and Credit Partner (that’s you) shall:

1. Apply online to make sure they can qualify for investment financing www.jasonpalliser.com

2. Set a phone appointment to go over the 22 question investor checklist with Jason Palliser and me to make sure you know what the investment property plan is and what to do and what not to do. Click on the link below (???) for the 22 question investor checklist.

3. Get Jason Palliser’s office your income and assets documents.

4. You are pre-approved and ready to buy….

Key notes in today’s lending environment:

1. Always place a renovation lien against the property the day your partner buys it so you can do an immediate refinance (No Cash Out).  You can currently pay off your renovation loan with no seasoning as long as it was placed on the home from the time of closing.  If you pay cash with no lien against the house, then you cannot refinance until you have 6 months seasoning.  You can go up to 75% of the After Repair Value.  Free and Clear = 6 months seasoning.

2. Trying to get a loan under 50,000 on the refinance is going to be virtually impossible because of the small loan adjustment pricing hits form the bank.

3. No flip flopping title.  Who ever is getting the final permanent loan must be on title from the purchase date and on the renovation loan/private funds loan.  If you try to add someone later, then you have to wait for 6 months seasoning again.

Who ever can get the most Income and Credit Partners lined up in the tight lending environment:  WINS!

· Let’s be partners!

· Sign Up Now! Jason Palliser will qualify and train you to be our teammate.

· We will look for your applications and your call.

· E-mail our office right away! tom@tdwilson.com