If you have been following my blog for any amount of time, you probably know that to me bad news spells opportunity… worsening credit crunch = opportunity Here is the problem: Dealing with buyers who need new financing that has to be approved by the bank. (If you have a story about that, go ahead [...]
What’s the best way to make money in real estate today? Should you buy ugly property in war zones with no money down techniques, or should you buy pretty houses with your own cash? I say you should buy quality properties without using any of your own money! And I will show you how to [...]
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Prime Property in Glendale, CA – Short Sale $633,000 Off! Prime views location in Chevy Chase Canyon (91206) – This property currently has over $1,500,000 in loans on it. Our short sale is ready to go at $867,000 (everything included!) That’s more than $633,000 in losses to the lenders… Cash buyers only – Email for [...]
We are currently working on three short sales that have already been approved for huge discounts. – That’s the good news. The bad news is that active listings have caught up with our low offer price. So now the lender nets about 3% less than comparable active REO listings. That raises the question if these [...]