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The Best Ever CRE Show

JF424: How to Deal with a Falling Apart (High Stakes) Deal #situationsaturday

The Best Ever CRE Show

Best Ever CRE

Entrepreneurship, Business, Investing

4.7 • 996 Ratings

🗓️ 31 October 2015

⏱️ 23 minutes

🧾️ Download transcript

Summary

So you fork over a $23,000.00 non-refundable earnest money deposit and the deal begins to go South…what do you do??? Our Best Ever guest shares his experience of high stakes and last minute trials involving lenders with picky criteria to fund. There are some lessons to be learned when complex syndications don’t work, hear what they are!   Best Ever Tweet: Make sure there is a little room in the deal so that little changes don’t kill the deal.   Jeff Greenberg’s real estate background: Managing Partner of Synergetic Investment Group Invested in over 700 multifmaily both as an active and passive investor Runs three REI clubs in California Based in Ventura, California     Subscribe in iTunes  and  Stitcher  so you don't miss an episode! Made Possible Because of Our Best Ever Sponsors: You find the deals. We’ll fund them. Yes, it’s that simple. Fund That Flip is an online lender that provides fast and affordable capital to real estate investors. We make funding your projects easy so you can focus on what you do best…rehabilitating homes. Learn more at www.fundthatflip.com/bestever. What’s the Best Ever health plan for YOU? Go to www.stridehealth.com/bestever and find a better health plan in 10 minutes or less. On average you'll save $418 on coverage and care. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:05.3

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0:11.0

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0:35.5

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0:40.0

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0:48.0

To learn more and to get your tickets, visit InvestHERCON.com today and use the code 100 best ever to get $100 off your ticket.

0:56.6

That's Invest Her, H-E-R-K-D-K-G-G-G-O-K-G-K-K-K-K-K-K-K-O-K-Kom,

1:00.6

Promo-Kod 100 best ever to get $100 off your ticket.

1:05.0

I have heard of that.

1:07.0

Either at the last minute, they'll decide they don't want to do the deal,

1:10.0

or they have changed the terms.

1:12.0

And it's not a very comfortable situation.

1:15.0

Best ever listeners before we get into today's episode of the interview with our best ever guest

1:21.0

I want to mention Fun That Flip, because Fun That Flip is an online lender

1:26.0

that gives you fast, convenient access to really affordable money that you need for your Flip project. So if you're doing residential flips

1:35.3

then the main thing I imagine that you're focused on or the main two things are

1:40.9

the deal and the money. So if you've got the deal pipeline but

1:46.2

you need access to cash and you want to build a reputation within a group that will continue to invest their dollars into your deals then go to

1:58.6

fund that flip dot com forward slash best ever the the founder of fun that flip is Matt Rodac and he's actually

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