Funding
How to Get Your Earnest Money Deposit from a Cash Buyer
Want V.I.P. access to a $6,000,000 line of credit for real estate investing? Click here now →
(NOTE: What it's like to write a $1,000,000 check for a sweet piece of undervalued real estate … even if your bank account is overdrawn and you owe the local lawn boy $20? This special report shows you step-by-step.)
Welcome aboard Moguls! It’s Jason Lucchesi here with you once again...
And in today’s lesson, I’m answering a question that I hear a lot from investors, and it has to do with earnest money.
But before we talk funding and the smart way I get the earnest money deposit for my deals without dipping into my own pockets… some of you may be unfamiliar with my story – I actually didn’t start out as an investor.
Jason’s 411
I came in the back door, so to speak, working as a loan officer for an Illinois brokerage firm in 2002. A couple of years later, I joined the management team at Countrywide Home Loans.
By all outward appearances, I was successful in these ventures, but I was dissatisfied and unfulfilled – I wanted to have my own business and be totally independent. It took several years, but finally in 2008 I founded my own real estate investing company, Global Fortune Solutions.
So…
Jason Lucchesi
Jason Lucchesi is the co-founder of real estate and marketing company Global Fortune Solutions, LLC. Jason has been in the real estate industry since 2002, where he began his career as a Loan Officer. His career flourished in the mortgage business when he accepted an Account Executive position with Countrywide in 2004. Within his first six months, he had achieved the #1 Account Executive in the Midwest territory. In January of 2006. During this time, Jason began investing part-time in multi-family rental properties while also becoming involved in wholesaling. By 2006, Jason was transferred to the Indianapolis area to save a struggling branch. He quickly took the branch out of the red into the green while also beginning to purchase distressed residential properties part-time. In 2007, Jason began pursuing his ultimate dream of becoming a full-time real estate investor and began investing in REOs in 2008. Since then, Jason has been involved with many aspects of real estate including short sales, tax sales/deeds purchasing, purchasing homes in distress, wholesaling, and many other avenues. Jason has been married to his wonderful wife Jamie since 2007, and they are proud parents to their sons Brady and Gavin.
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