Short Sale
:-? i just started doing ss and recently i approached someone who had a grat deal of knowledge in this area. i told him i needed someone to walk me through a ss deal, just for the education. i got all the necessary documents to present to the bank. this includes the contract to purchase. we met and i ask him to show me the numbers and how all of it works with the hud-1 letter, he told me that i didn't need to know and that ishould master gathering the documents first. what should my respnse be? when i first met him i explained that i wanted to be walked through now that everything is complete i don't feel included. i don't want to offend this person because i really am interested in learning, right now the money is not a issue, how do i move forward from this. when i ask about the numbers, he sais i was trying to cut him out? not true. what do i do?
You are asking someone to teach you how to do what they do. You would then be free to use your newfound knowledge for competitive advantage. While most people are happy to pass on information and like being a mentor, its still legitimate for them to ask "WIIFM?"- Whats In It For Me? So it is understandable that your expert is a bit paranoid about being cut out.
Sounds like this guy wants you to bring the leads and he will work the deal--in other words you both have half of the secret family recipe. If being partners doesn't work for this person, you need a new mentor. But I would at least see how this deal works out first, letting him be as secretive as he wants.
Just as you found this person, you could find someone else who would be more inline with your objectives, and you with his. You are on the right track.
:-o Thank you for your reponse. I am still learning, i have learned a great just gathering information. I will stick around for the outcome. I've already summitted five deals to him. thanks again.