Comments on: Texas Man “KISS Flips”, Banks $20,000 in 10 Hours (7 min Video Case Study) http://reitips.com/kiss-flipping-gary-grubbs/ Real Estate Investing, Undressed: Tips, ideas and news real estate investors can use. Thu, 03 May 2012 10:02:00 +0000 hourly 1 By: Dave http://reitips.com/kiss-flipping-gary-grubbs/comment-page-1/#comment-84321 Dave Tue, 20 Oct 2009 00:42:46 +0000 http://reitips.com/?p=1559#comment-84321 Did he buy the house using the name of an LLC or in his own name? How much EMD was required? How did his HML pay contractors? Monthly draw? Were HML interest and points rolled into HML funding or did he have to make monthly payments until sold? Did he buy the house using the name of an LLC or in his own name?

How much EMD was required?

How did his HML pay contractors? Monthly draw?

Were HML interest and points rolled into HML funding or did he have to make monthly payments until sold?

]]> By: Dave http://reitips.com/kiss-flipping-gary-grubbs/comment-page-1/#comment-149410 Dave Tue, 20 Oct 2009 00:42:00 +0000 http://reitips.com/?p=1559#comment-149410 Did he buy the house using the name of an LLC or in his own name? How much EMD was required? How did his HML pay contractors? Monthly draw? Were HML interest and points rolled into HML funding or did he have to make monthly payments until sold? Did he buy the house using the name of an LLC or in his own name?

How much EMD was required?

How did his HML pay contractors? Monthly draw?

Were HML interest and points rolled into HML funding or did he have to make monthly payments until sold?

]]> By: Robert http://reitips.com/kiss-flipping-gary-grubbs/comment-page-1/#comment-45329 Robert Thu, 20 Aug 2009 13:14:22 +0000 http://reitips.com/?p=1559#comment-45329 Gary, Which hard money lender did you use? Thanks! <blockquote><strong>I actually asked him that. He told me he used a local guy. By the way, to all my kiss flippers out there, we'll have the nationwide HML list posted to the members area very shortly. ...jp</strong></blockquote> Gary,
Which hard money lender did you use?

Thanks!

I actually asked him that. He told me he used a local guy.

By the way, to all my kiss flippers out there, we’ll have the nationwide HML list posted to the members area very shortly.

…jp

]]> By: Robert http://reitips.com/kiss-flipping-gary-grubbs/comment-page-1/#comment-149409 Robert Thu, 20 Aug 2009 13:14:00 +0000 http://reitips.com/?p=1559#comment-149409 Gary, Which hard money lender did you use? Thanks! <blockquote><strong>I actually asked him that. He told me he used a local guy. By the way, to all my kiss flippers out there, we'll have the nationwide HML list posted to the members area very shortly. ...jp</strong></blockquote> Gary,
Which hard money lender did you use?

Thanks!

I actually asked him that. He told me he used a local guy.

By the way, to all my kiss flippers out there, we’ll have the nationwide HML list posted to the members area very shortly.

…jp

]]> By: Gary http://reitips.com/kiss-flipping-gary-grubbs/comment-page-1/#comment-38817 Gary Wed, 05 Aug 2009 18:52:17 +0000 http://reitips.com/?p=1559#comment-38817 Glenn, Wish they truly were all this easy. Not the case on my second one still in process. I will share my story on that one later if you are interested. Gary Glenn,

Wish they truly were all this easy. Not the case on my second one still in process. I will share my story on that one later if you are interested.

Gary

]]> By: Gary http://reitips.com/kiss-flipping-gary-grubbs/comment-page-1/#comment-149408 Gary Wed, 05 Aug 2009 18:52:00 +0000 http://reitips.com/?p=1559#comment-149408 Glenn, Wish they truly were all this easy. Not the case on my second one still in process. I will share my story on that one later if you are interested. Gary Glenn,

Wish they truly were all this easy. Not the case on my second one still in process. I will share my story on that one later if you are interested.

Gary

]]> By: Gary http://reitips.com/kiss-flipping-gary-grubbs/comment-page-1/#comment-38816 Gary Wed, 05 Aug 2009 18:50:33 +0000 http://reitips.com/?p=1559#comment-38816 Jersy Bill, Bank paid closing and Hard $ was not much as this was a less than 30 day rehab & flip. Rather lucky than good....I will admit, my second deal is not that smooth. I tell you about that one after I close on it! Jersy Bill,

Bank paid closing and Hard $ was not much as this was a less than 30 day rehab & flip. Rather lucky than good….I will admit, my second deal is not that smooth. I tell you about that one after I close on it!

]]> By: Gary http://reitips.com/kiss-flipping-gary-grubbs/comment-page-1/#comment-149407 Gary Wed, 05 Aug 2009 18:50:00 +0000 http://reitips.com/?p=1559#comment-149407 Jersy Bill, Bank paid closing and Hard $ was not much as this was a less than 30 day rehab & flip. Rather lucky than good....I will admit, my second deal is not that smooth. I tell you about that one after I close on it! Jersy Bill,

Bank paid closing and Hard $ was not much as this was a less than 30 day rehab & flip. Rather lucky than good….I will admit, my second deal is not that smooth. I tell you about that one after I close on it!

]]> By: Gary http://reitips.com/kiss-flipping-gary-grubbs/comment-page-1/#comment-38815 Gary Wed, 05 Aug 2009 18:45:14 +0000 http://reitips.com/?p=1559#comment-38815 Scott, Numbers really do work. I did not have to pay a realtor as a neighbor bought the house the first day I owned it. I only paid him 1K for taking care of the contract. As far as the seasoning issue, it was not a part of this deal by Fannie. Some deals may not have that requirement. Gary Scott,

Numbers really do work. I did not have to pay a realtor as a neighbor bought the house the first day I owned it. I only paid him 1K for taking care of the contract.

As far as the seasoning issue, it was not a part of this deal by Fannie. Some deals may not have that requirement.

Gary

]]> By: Gary http://reitips.com/kiss-flipping-gary-grubbs/comment-page-1/#comment-149406 Gary Wed, 05 Aug 2009 18:45:00 +0000 http://reitips.com/?p=1559#comment-149406 Scott, Numbers really do work. I did not have to pay a realtor as a neighbor bought the house the first day I owned it. I only paid him 1K for taking care of the contract. As far as the seasoning issue, it was not a part of this deal by Fannie. Some deals may not have that requirement. Gary Scott,

Numbers really do work. I did not have to pay a realtor as a neighbor bought the house the first day I owned it. I only paid him 1K for taking care of the contract.

As far as the seasoning issue, it was not a part of this deal by Fannie. Some deals may not have that requirement.

Gary

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