1) Text Strategy – MLS Failed Listing                                                                                                        

                2) Texed them on Wednesday, January 27, 2021 1:12 PM                                                                                                                                                             

                                Your agent failed to come through? Your House sat way too long and you didn’t get the price you wanted? WE PAY FULL PRICE! Do you have time to chat later? -Frank                                                     


                                ok ill call you shortly                                                                                                                                       

                                hi i just called    

                                Sorry maybe I have the wrong number..Is this your property 25963 W Graham Ct?                                          

Yes it is                                                                                                                                                

Here is more info on myself and the company www.lamcoinvestments.com/frank         

                3) Phone conversation started. To get prequalification questions                                                                             

Purchase the house a few years ago as a VA loan, zero down                                                                     

                They tried to sell their house but it failed on 7-8-2020. Was on market for 159 days                          

                They are in a negative equity situation. Property value is $160k and their mortgage is $179,982  

                Their mortgage payment is $1,140.00 PI & Insurance                                                                                      

                Rent rates are around $1750 per month                                                                                                               

                Property needs zero work to be done.                                                                                                                 

                Husband is being relocated for work. He is in the Navy and being relocated on orders to TX                                                                                                                                                                                                                                                                                                         

                They didn’t want to come out of pocket for realtor fees, closing fees and property taxes.

Total around $10,000                                                                                                                                                                                                                                

                They sold the house to us, deeded the property with nothing more than closing costs and we will be cash

flowing before expenses $ 610                                                                                                                                 


Why would a seller sell their house to us Subject To?                                                                                                                                      

                1) They are in a negative equity                                                                                                                                                                                                                                                                                                                

                2) They cannot afford all the fees associated with selling                                                                                                                                                                                                                                                                                                              

                3) They cannot afford all the remodeling costs                                                                                                                                                                                                                                                                                                  

                4) AS IS no inspections                                                                                                                                                                                                                                                                                                  

                5) Fixes your credit ASAP if they are behind we can pay them and reactivate the note                                                                                                                                                                                                                                   

                6) No maintenance or repairs in the future