3 Option Letter of Intent

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Thursday, October 24, 13

The 3 Option Letter of Intent “Creating an Irresistible Offer”

Thursday, October 24, 13

If you have yet to do so, please go to EpicRealEstateInvesting.com and subscribe to the podcast and leave a favorable review.

Thursday, October 24, 13

The Epic Approach 1.Find the deal 2.Secure the deal 3.Analyze the deal 4.Close the deal

Thursday, October 24, 13

The Epic Approach 1.Find the deal 2.Secure the deal 3.Analyze the deal 4.Close the deal

Thursday, October 24, 13

3 Option Letter of Intent Properties with mortgages/loans Properties without mortgages - “free n’ clear”

Thursday, October 24, 13

3 Option Letter of Intent Properties with mortgages/loans Properties without mortgages - “free n’ clear”

Thursday, October 24, 13

3 Option Letter of Intent Properties with mortgages/loans Properties without mortgages - “free n’ clear” Prime   opportunity   to create   cash   flow   with little   to   no   money. Thursday, October 24, 13

Thursday, October 24, 13

Thursday, October 24, 13

The 3 Option Letter of Intent “Creating an Irresistible Offer”

Thursday, October 24, 13

3 Possible Responses When Submitting an Offer YES NO COUNTER OFFER

Thursday, October 24, 13

3 Possible Responses When Using “3 Option LOI” YES NO COUNTER OFFER

Thursday, October 24, 13

3 Possible Responses When Using “3 Option LOI” YES The   likelihood   of   a    “no”   is   significantly    COUNTER OFFER reduced. NO

Thursday, October 24, 13

When NOT to use the “3 Option LOI” REO’s HUD Homes Fannie Mae Freddie Mac Auctions

Thursday, October 24, 13

When to use the “3 Option LOI” Private Sellers

Thursday, October 24, 13

Here’s How You Buy Everything! My price, your terms. or... Your price, my terms.

Thursday, October 24, 13

Assumptions for this Training Property is owned “free n’ clear” FMV is $100,000 Rents for $1,250 Seller wants $115,000

Thursday, October 24, 13

“Mr. Seller... I’ve completed my research and have put a few different options together for you. Now... I understand that this probably isn’t what you were hoping for, but after my market analysis... this is what the market is allowing me to offer. Maybe the offer could be stronger in the future... and maybe not. Neither of us could possibly know what the future for the market holds, but this is what it is right now.”

Thursday, October 24, 13

Business System 1. Generate a lead 2. Set an appt. 3. Diagnose problem 4. Present offer

Thursday, October 24, 13

Questions?

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Thursday, October 24, 13

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Become a Lifetime Member of the Academy before November 17 at 50% off the regular price.

EpicProAcademy.com “After Nov 17th this offer will never be made again.”

Thursday, October 24, 13

Go to EpicProWebinars.com to register for the next training...

3 Option LOI - Part 2

Become a Lifetime Member of the Academy before November 17 at 50% off the regular price.

EpicProAcademy.com “After Nov 17th this offer will never be made again.”

Thursday, October 24, 13