A day in the life of a Real Estate Investor, Buying a short sale
Good Money Monday BP,
If you have leads with NO EQUITY, I highly recommend you still try to make a deal out of them. Frankly, the majority of people that call to sell me a house have no or even negative equity. In this training, I'll show you how we turned dead lead into a smoking deal by getting the bank to take a $70k discount on the seller's loan. The home owner literally owed $110k and we bought this house for $40k. It ended up being so good, we're even going to subdivide the land to build 2 new houses. I'll go into more detail about that in the next Roundup Newsletter. In this video you're going to see the actual bank negotiations, and the reason I feel the bank is willing to take a huge discount because of the condition of the property. I'll walk you through the short sale acceptance with the bank, plus walk you through the house so you will 100% understand how to look for a short sale deal. Enjoy, learn a lot and make a lot of money!!!!
If you have leads with NO EQUITY, I highly recommend you still try to make a deal out of them. Frankly, the majority of people that call to sell me a house have no or even negative equity. In this training, I'll show you how we turned dead lead into a smoking deal by getting the bank to take a $70k discount on the seller's loan. The home owner literally owed $110k and we bought this house for $40k. It ended up being so good, we're even going to subdivide the land to build 2 new houses. I'll go into more detail about that in the next Roundup Newsletter. In this video you're going to see the actual bank negotiations, and the reason I feel the bank is willing to take a huge discount because of the condition of the property. I'll walk you through the short sale acceptance with the bank, plus walk you through the house so you will 100% understand how to look for a short sale deal. Enjoy, learn a lot and make a lot of money!!!!
ps- If you're tired of only getting BILLS in the mail, claim your 2 free months of the Roundup Newsletter by sending your name and mailing address to [email protected]
ppss- If you need assistance with deal structuring OR negotiating, hit me up!!
Kris Haskins
Comments