EMD’s in
So I got the EMD money orders in for the HUD properties I have under contract. I just happened to get my rent deposit check in the mail yesterday and thankfully, my Mom covered the rest. The EMD’s were 1K per house…so 2K isn’t that much money by any means, however when your bank accounts are in the minus…it’s a fortune. My Mom has been preaching to me about getting a J-O-B ever since I came back. As much as I reason with her and explain what I’m doing…she’ll never understand…that is until I show her some checks! She didn’t want to loan me the dough and wasn’t going to do so, until asked her if it was cool to borrow her car in the evenings because I was going to sell my car the next day. She hated that idea.
When talking to the HUD broker, he told me that HUD is so backed-up right now, I’ll most likely get 45 days or longer to close. However, I’m just going to pretend I only have 30. It’s a mad-dash at this point. Yesterday, I snapped a gang of pictures and shot some video. I’m putting together the marketing for this stuff RIGHT now. I even found a way to scrape the STL Realtor Association website…so I now have the email address of every Realtor in Saint Louis. I’m not a spammer…but I’ve got to make it happen.
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