All Forum Posts by: Emily Snapp

@Bill Gulley I will do that. That's exactly what I do NOT want to do,come across foolish! Thanks

@Robert Taylor thanks for all the info. My thoughts in contacting an attorney were more along the lines of getting info on the properties prior to foreclosure auction and possibly getting to make an offer to the homeowner. Not sure if this is even something that would be possible through the attorney.

@Jordan Thibodeau Thanks!

Hello All,

I'm new to real estate investing and I've been trying to absorb as much info as I can. I'm looking for a property to flip, and I'm looking into all the ways to get a good property. Something I saw mentioned was getting leads from a foreclosure attorney in your area. I'm curious what the best way to approach this is. What exactly do I ask for, how should I ask (phone call, letter, in person?), what should I expect to pay, etc. etc. I don't want to ignorantly approach them and make a fool of myself.

Thanks so much!

Emily

@Brandon Turner yes, I just set up my keyword alert and really like this feature!! Thanks!

Yes @Kim Book we tried to make an offer on a HUD home in Spartanburg last month, but it sold during the Owner Occupant phase. We also made an offer on one before Christmas, and the same thing happened. They couldn't consider our offer until after the Owner Occupants, and we missed out.

@Mark Ferguson We would be purchasing the home with cash, but using hard money to pay the contractor. I'm feeling very thankful right now that I haven't put an offer in, thinking I am going to have to keep looking.

@Mike Sattem Looks like I may need to keep looking for another property. I really appreciate the insight.

@Kim Book I just sent you an email.

@Mark Ferguson thank you for your response. Since its my first, I'm curious, what is a good profit margin? To me $35k sounds great but haven't done a deal yet. Should I be aiming higher?