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It has been increasingly common in recent years for pro investors to steal deals that are already under contract by another investor. This is probably not a new trend but some disturbing methods have been employed by some pros in the past few years.
Stealing a deal that’s under contract simply means that […]

Making partial loan payments while in foreclosure is what many homeowners ask us about, usually because one or both spouses became unemployed. Before they are employed again, they can still make partial payments because they frequently have one income source. Typically, as soon as they are working again, they can handle the old […]

Possibly one of the best kept secrets in the foreclosure industry is “overage”. Overage is the amount of money left over after a foreclosure auction when the buyer has paid more than the lender”s final judgment. This money can be as little as a few dollars or as much as millions of dollars.
Depending […]

An investor who rehabs becomes more efficient at estimating repair costs as he remodels more homes. In the case of rehabbing, size does matter because of the expense of the larger size of the basic mechanical systems in the house. These include the electrical, plumbing, roof, heating and air conditioning, flooring, sewer/septic, […]

Getting a seller to accept an offer for his house that is lower than another offer can be done with a little pre-planning. Sellers are not always looking at the highest possible price for their house, despite their telling you that from the time you meet them. You must determine what type of […]

Creative financing methods for real estate investors are very important because no matter how much money an investor has, he will need more money as he becomes more successful.
Creative financing methods allow the investor the leverage of purchasing or controlling four to ten times the same amount of houses if he uses cash […]

Buying houses with little or no money and no credit is not a myth. In fact, the process of using creative financing is exclusive to real estate investing and offers the buyer the maximum leverage possible - zero investment. So technically any profit the investor makes selling or renting the house is an […]

The way some professional real estate investors price their offers to sellers is pretty much standard throughout the industry. What we will look at here is the most highly-competitive lead sources such as pre-foreclosures and see how the pros price this competitive market. The market for foreclosures has exploded in the last two […]