How to Flip Properties with Transactional Funding… CPIA, Tuesday, 5/17, 6pm – 9pm

How to Flip Properties with Transactional Funding!
Columbus Property Investors Association (CPIA) Meeting
Tuesday, 5/17/2011, 6 pm – 9 pm

Ramada Plaza Hotel, 4900 Sinclair Rd, Columbus OH 43229
Dirt Cheap Admission… only $10 at the door for non-members…

Come out and join us at the next CPIA meeting, Tuesday, May 17, where we’ll be talking about how to flip properties using “Transactional Funding”!

As you already know, “Flipping Properties” is one of the hottest topics in real estate, and has been for at least the last 10 years.

What you may NOT know… is that it ain’t as easy as it used to be. This is especially true when dealing with Banked Owned Property (aka “REOs”), Short Sales, etc.

In the good old days, we used to be able to “flip” or “wholesale” REOs and Short Sales without needing any money or credit.

These days, however, often we need this thing called “transactional funding” to make the deal happen.

Transactional Funding is VERY short term money that may be loaned for 15 minutes – 24 hours… just long enough to get the flip or wholesale done at the title company. The banks usually want to see that you have “some” money into the deal… even if you are borrowing 100% of it.

Crazy, right? But banks are crazy… oops… don’t get me started! 🙂

Anyway… I have assembled a top-notch panel that, between them, has literally done hundreds of these transactions:

Roger Nielsen – Transactional Lender

Scott Goldberg – Attorney/owner of Golden Title, an investor-friendly title company

Chris Knoppe – – Private Money Lender

NOTE: We would like to cover as many aspects of this topic as possible, so if you are an investor or Realtor who has done at least a handful of transactional funding deals… and you’d like to be on our panel… then please let me know ASAP!

Real-Estate-Related Vendors are always welcome to come out and introduce us to their products and services, by getting up in front of the room for 1-2 minutes, bringing flyers, business cards, and networking!

Of course, as usual, we will have the ever-popular Buy-Sell-Trade session where I will be analyzing real-life deals that can be bought or sold right now!

Come and join us for an exciting evening of fun, deal analysis, money making education, and networking!

See you at the meeting!

Todd Smith, President