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Thursday, October 24, 13
The 3 Option Letter of Intent “Creating an Irresistible Offer”
Thursday, October 24, 13
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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?
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
EpicRealEstate.com/downloads
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