I had a motivated seller contact me. She had a first and a second mortgage on her property, totaling about $420,000. At the time she was about two months behind on her mortgage. Phil was a great mentor from the beginning. He coached me on how to structure my deals and my counter-offers back to the lender. I finally got an approval letter from the lender for about $218,000. I was able to find a retail buyer within 30 days, and I did a simultaneous closing, buying the property for $218,00 and selling it for about $287,000. After all the closing costs, realtor’s and attorney’s fees, I was able to net about $41,000. I can safely say that I would have not been able to do this deal if I had not had Phil’s help, so thank you, Phil.