reverifi proves the iBuyer program STILL WORKS, but only with local professionals & teamwork.
Teamwork, transparency, communication, trust & efficiency are just a few of the core beliefs reverifi was founded on back in March of 2020. Fast forward 3 years and 9 months, expectations have been exceeded with forward momentum headed into 2024.
“We are all in this game together and for too long too many people were kept out of certain rooms and certain transactions for numerous reasons. For the past 10 years since zillow made their splash, the market has been on the hottest bull run in the history of real estate, leaving the true professionals having to fend for themselves, fight for every client, fight for every deal, and be unable to live a great quality of life. In the last 5 or so years all the big real estate tech companies raised hundreds of millions of dollars to try and eliminate the real estate agent, remove well earned commissions from the mortgage business, under cut mortgage banks on interest rates, and create the most lopsided playing field by people who really had no experience in the real estate world at all by any means. reverifi not only levels the playing field, gives all members exposure and access to other like minded individuals, but gives earnings opportunities to everyone, from real estate investors to real estate agents. Seeing this vision to come life is equally as rewarding as watching your own child be born, crawl, walk, and then eventually run… I know this first hand,” VanNote, founder of reverifi.com says.
Here is the most recent success story of just one way we offer everyone access and double digit returns on real estate investments.
Earlier this year, a reverifi member in Long Island, New York, gave me a call and asked if we could purchase a property from a family member of hers because there was a death in the family and the property was in foreclosure. The house was a complete mess, hoarder style. There was one family member in and out of rehab that was needing to sign off on the sale and also provide information as to the loan payoff. After getting to the closing table, for what we thought was going to be an easy deal, found out the taxes hadn’t been paid in years and the lender was paying them, but failed to include them in their initial payoff, which caused us to bring another $50,000 to the closing table to close the deal.
“We still got a great deal, no doubt,” Mike Gabettie says, co-founder of reverifi.
Dumont, New Jersey, where the property is located, just happens to be Gabettie’s home town, which him and his family have been in for nearly 100 years. “Being able to buy a great fix and flip deal in any town is great, but being it’s in my own town, the place I have lived forever, is just really rewarding, as well as being able to turn this run down property into a brand new starter home for a family to buy and live in is just exactly what we do,” Gabettie adds.
Here are some pictures of the house when we acquired it.
The property was just listed for sale today exclusively to the reverifi community for the first few days to give everyone instant access and perks of being a reverifi member. We want our community to win, win, win. We will continue to do everything possible to put money in our members pockets as we know deals are done, revenues are down, and expenses are up, especially during the holiday season.
View this home for sale on reverifi https://www.reverifi.com/listing/f68107d8-7b8b-470f-9456-680d84765944
Even more rewarding than successfully acquiring and completing a flip deal is the involvement from the reverifi member community. Involved in the closing day 1 were Marc Lawrence (title) (investor), Jeff Bonk (investor), Kevin Hollenbeck(investor), Andrew Delaney(Attorney), Max Devorris (fix & flip lending), VanNote, Gabettie & Sean Knightly (home insurance). Just from this deal we made sure every third party we can handle got work from us and got paid, as well as our investors through our reverifi ventures entity.
“There is no better way to close out 2023 than a nice win for everyone. I can’t wait for more opportunities in 2024 and to watch reverifi organically grow with the best people in and around the real estate industry,” VanNote adds.
For showing inquiries for 36 Birch please contact Mike Gabettie at 201–207–6888.
For mortgage pre-approval inquiries please contact Gabe Rahban at 516–547–8210.
