Real Estate Investors Association of Greater Cincinnati

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In Person in Cincinnati: How to Do Short Sales & Wrap Mortgages

with... Dwan Bent-Twyford

Come learn about the (newly hot, again) deal-making strategy of short sales, and how to use wrap mortgages to get the money you need to buy….

Thursday, September 1, 2022 5:00 PM - 9:00 PM
Holiday Inn Centre Park
5800 Muhlhauser Rd. West Chester, OH 45069

2.50

OPHP Credits
What is OPHP

Thursday, September 1st IN PERSON IN CINCINNATI

Don’t Follow the Trends…
Get Ahead of Them!
(Here are 2 of the biggest of 2022 & 2023, in one meeting)

            One of the many reasons that REIAGC is the biggest and fastest growing communities of real estate entrepreneurs in the whole NATION is obvious:

            We don’t just give you the information, people, and advice to succeed now: we keep you AHEAD of the market with education about the trends that your competitors haven’t really recognized yet.

            And 2 of the most important for the next 12-18 months are:

  1. The rise in foreclosures, and in people IN foreclosure who are more ‘under water’ than we’ve seen in over a decade, and the deal-finding opportunities this makes possible
  2. The rise in interest rates, which brings back a strategy we haven’t seen in a while for BUYING (or maybe selling) properties creatively—wrap mortgages

            We’re tackling both in a single meeting—so be there…

Here’s the full agenda:

5:00 p.m. Doors open, free light dinner, networking/Q&A tables 

            Show up at the hotel early for a free buffet dinner and your chance to talks strategies, bounce deals off experienced investors, and just build those all-important relationships.

6:00 p.m. early bird meeting
Wrap Mortgages: the Creative Strategy You Don’t Know, and Need To (with Vena Jones-Cox)
OPHP hours: 1 finance

            Wrap mortgages are a time-tested way to:

  1. Borrow money for purchase or rehab of property at a way-less-than-hard money rate
  2. Invest money in other people’s deals at a way-more-than-average return
  3. Entice sellers to do “creative finance” deals with you

            So why don’t you already know about them?

            Because they work best in rising interest rate markets.

            It’s a strategy that time forgot, because we’ve been in a declining or stable interest rate market for decades…

            …but now it’s time to dust it off, shine it up, and be among the few who know how to use wraps to buy, lend, and sell more easily and profitably!

7:30 p.m. How to Build a (Practically Competition-less) Foreclosure-Buying Business that Helps Sellers and Gets You Deals (with Dwan Bent-Twyford)
OPHP 1.5 hours deal finding

            It’s been a bit since we’ve seen the number of pre-foreclosure properties that exist at this moment—and everyone, including lenders, thinks that number will grow over the next 12-18 months.

            And there’s something else different about today’s foreclosures vs. those of a few years ago: many of the owners are DEEPLY ‘under water’ after 24+ months of non-payment.

            All this leads to one conclusion: there are a LOT of property owners who need to sell (because if they don’t, the sheriff will) and who need people who know how to do “Short Sales” to help them exit their property gracefully.

            Luckily, there’s one person who’s continued to buy pre-foreclosure, short sale deals even when the rest of us turned to other strategies: Dwan Bent-Twyford, a.k.a. the Queen of Short Sales.

            She’s here to inspire you to take this opportunity seriously, while it’s still around and before your competitors figure it out.

She’ll share:

  • What’s happening in the foreclosure market today (banks seem to be bulldozing their borrowers all of a sudden, refusing to ‘work it out’, and more open to low short sale offers than they’ve been in 7 years) and WHY
  • When you should reach out to property owners who can’t make payments, and what to say when you do to convert them to sellers
  • 3 ways of finding foreclosures that no one is using
  • How to plan out your “exit strategy” (these deals can be wholesaled, retailed, or kept for rental, but it’s a little different than with a non-short sale property)
  • Tips for building a predictable, repeatable ‘system’ (because if you don’t have one of those, you don’t actually have a “Business”, do you?)

            You’ll leave understanding why this opportunity exists, and what to do to get started in grabbing it, before everyone else does.

            This meeting is free to members and first-time guests; returning guests pay $35, which is silly, since you can become a full member and enjoy ALL the education, networking, and discounts REIAGC offers for just $25 a month, HERE)

            Register to get your seat below!


Members:
Free
Non-Members:
$35.00
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Date:  Thursday, September 1, 2022
Time:  5:00 PM - 9:00 PM

Location:
Holiday Inn Centre Park
5800 Muhlhauser Rd.
West Chester, OH 45069

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OPHP Credits:
Finance (1.00 hours)
Exit Strategies (1.50 hours)
What is an OPHP Credit?


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