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In this episode we break down all the details about Eric's epic down zoning deal that landed him $82,000 richer in just 24 hours, you read that right 24 hours! Along the way Eric drops some knowledge on us and teaches us a few new fancy phrases like double close, transactional funding, and quiet titles! Join us as we analyze the crap out of this amazing deal!
Break down on the down zone: Eric DOWN ZONED it and made it an MUL or an MUN so he could do an overlay build with no setbacks.
A Little Advice from Eric: The #1 person you want on your team is an engineer that will pick up the phone.
Double Close: When one person closes and another person doesn’t a lot of times it means the first person who closes doesn’t have the funds of they didn’t put the financing together.
Transactional Funding: Is short term funding, also known as same-day funds or flash funding, frequently used to finance business transactions such as real estate short sales
Quite Title: An action to quite title is a lawsuit brought in a court having jurisdiction over property disputes, in order to establish a party’s title or real property, or personal property having a title, of against anyone and everyone, and thus “quite” any challenges of claims to the title.
To keep up with all things Deal Shredders or to hear past and future episodes:
Follow us on Facebook > facebook.com/dealshredders
Like us on Instagram > @dealshredders
Subscribe to our YouTube channel > http://bit.ly/2MTCMLD
Listen to us on Anchor > anchor.fm/dealshredders
(choose from iTunes, Spotify, Breaker, & Radio Public)
Get in Touch with Eric:
The Hensley Group at Compass
Follow them on Facebook > @Erichensleyrealtortn
Like him on Instagram > @bigehensley
Email them at > [email protected]
For questions, topic requests, or to be a guest on our show email us at [email protected], we look forward to hearing from you!
By Greg Farricielli David Morgan4.2
66 ratings
In this episode we break down all the details about Eric's epic down zoning deal that landed him $82,000 richer in just 24 hours, you read that right 24 hours! Along the way Eric drops some knowledge on us and teaches us a few new fancy phrases like double close, transactional funding, and quiet titles! Join us as we analyze the crap out of this amazing deal!
Break down on the down zone: Eric DOWN ZONED it and made it an MUL or an MUN so he could do an overlay build with no setbacks.
A Little Advice from Eric: The #1 person you want on your team is an engineer that will pick up the phone.
Double Close: When one person closes and another person doesn’t a lot of times it means the first person who closes doesn’t have the funds of they didn’t put the financing together.
Transactional Funding: Is short term funding, also known as same-day funds or flash funding, frequently used to finance business transactions such as real estate short sales
Quite Title: An action to quite title is a lawsuit brought in a court having jurisdiction over property disputes, in order to establish a party’s title or real property, or personal property having a title, of against anyone and everyone, and thus “quite” any challenges of claims to the title.
To keep up with all things Deal Shredders or to hear past and future episodes:
Follow us on Facebook > facebook.com/dealshredders
Like us on Instagram > @dealshredders
Subscribe to our YouTube channel > http://bit.ly/2MTCMLD
Listen to us on Anchor > anchor.fm/dealshredders
(choose from iTunes, Spotify, Breaker, & Radio Public)
Get in Touch with Eric:
The Hensley Group at Compass
Follow them on Facebook > @Erichensleyrealtortn
Like him on Instagram > @bigehensley
Email them at > [email protected]
For questions, topic requests, or to be a guest on our show email us at [email protected], we look forward to hearing from you!