Episode Details
Back to EpisodesEpisode 170: Our Seller Was in Prison and We Still Closed the Deal
Description
The most lucrative real estate deals often hide behind the most complicated problems. In this solo episode, Tiffany High shares a wild, real-life case study of a deal everyone else thought was dead. With the actual seller in a nursing home, the legal decision-maker sitting in prison, and the foreclosure auction only days away, Tiffany breaks down the exact steps her team took to navigate the legal red tape, delay the auction, and ultimately close the deal. You will learn how to track down incarcerated sellers, force banks to delay imminent auctions, and turn "impossible" situations into massive paydays. Listen and enjoy the show!
You’ll Learn How To:
- Track down and communicate with a key decision-maker who is currently incarcerated
- Leverage a prisoner's previous defense attorney to establish contact inside the facility
- Utilize a prison case manager and on-site notaries to get real estate contracts legally signed
- Force a bank to delay a foreclosure auction by parking proof of funds in an escrow account
- Partner with cash buyers (JV) to temporarily fund an escrow account if you lack the capital
What You’ll Learn in This Episode:
- (1:20) The setup, where a nursing home seller, a son in prison, and a looming foreclosure auction
- (2:23) How to bypass failed direct-mail attempts and track down a prisoner’s defense attorney
- (3:38) Partnering with a prison case manager to facilitate legal document signing
- (5:02) The exact strategy used to force an uncooperative bank to delay the auction
- (6:15) How to JV with cash buyers to park funds in escrow and save a dying deal
Who This Episode is For:
- Real estate investors looking to close high-equity deals by solving complex title and legal problems
- Wholesalers who want to learn advanced, real-world tactics for stopping foreclosure auctions
- Problem-solvers ready to monetize the messy deals that other investors walk away from
Why You Should Listen:
Most investors immediately walk away the second a deal gets complicated. By listening to this episode, you will learn how to run directly toward the fire, utilizing advanced problem-solving strategies to track down impossible-to-reach sellers, halt foreclosure auctions at the final hour, and secure massive spreads on deals your competition abandoned.
Connect with the Results Driven Community:
- Join the free community by visiting TheResultsDrivenPodcast.com
Follow Tiffany and Josh here:
- Tiffany Instagram: @tiffanyhighofficial
- Josh Instagram: @joshhighofficial
- Website: Results Driven REI
- Get Tiffany’s free resource: www.rdebook.com 26 Costly Mistakes I Made While Building My Seven-Figure Real Estate Business