I attended a foreclosure auction for a one bedroom condominium in when I was in Virginia. To my surprise, I was the only bidder. NOT ONE other person had showed up to bid on this property! I bid $1 over the opening bid and purchased a condominium worth $130,000 for only $57,719 ! I turned right around and flipped the property to an investor for $68,000! Since I only paid $57,719 for the property, I made a fast and easy $10,281 profit.

The investor who bought the property from me was very happy to pay $68,000 for a property worth $130,000. After all, he paid close to half price for it! Now he wants to buy more foreclosure properties from me. Do you think there are a lot of people in every town who would love to get deals this good? You bet there are.

This was a very simple deal that took only two days to complete. I didn't have to come up with a lot of money and I did not need to have any repairs done to the condominium.

I just found a great deal and immediately resold it for a very fast profit. You can do the same exact thing.

 

5.  What about the potential of bank repossessed houses?

 

You can get absolute steals on houses seized through bank foreclosures. One of my most interesting deals involved a house in Dumfries, Virginia that was owned by a bank. Because the property needed a lot of repairs, the bank was very motivated to sell it at a very deep discount .

When I say the property needed a lot of repairs, I'm not kidding. Once I was inside, I could not believe what I saw. Before the house was foreclosed on, the former homeowner had tried, without a permit, to hand-dig a wine cellar under his house! In case you are not aware, it is illegal and dangerous to dig a big hole under your house! Other than the hole that was the size of a bathroom, the property was in very good condition.

Before making my offer to the bank I called a local cement company and was surprised to find that it would only cost a few thousand dollars to fill up the hole. Now that I knew how much money would need to be spent on repairs, I checked and found out that the property was worth $130,000. I was now ready to make the bank a very low offer.

I knew that the bank was willing to sell at a big discount, so I decided to make an extra low offer. I offered the bank $21,400 for the house. The bank did not want to deal with filling in the hole with cement and my offer was accepted! That's right, I paid only $21,400 for a townhouse worth $130,000. That's half of what the land was worth!

Now that I had a very good deal, I wanted to minimize my risk. I did not want to do any repairs to the property. As soon as my offer to the bank was accepted, I turned right around and "flipped" the property to an investor for $55,000. I told the investor to call the City of Dumfries and verify what I had been told. He checked and realized that problem amounted to filling a hole with cement. The investor was happy to buy a $130,000 townhouse for only $55,000.

All I did was take a property that I paid $21,400 for and "flipped" it to a local investor for $55,000. My profit on this deal was $33,600 .
You can find great real estate foreclosure deals like this in every area of the country. To make good money in real estate, all you need to know is how to find good deals and resell them to other investors. And don't worry, finding investors is covered in detail in the course. The real-life deals you've read are no more complicated than they seem. All I did, in each case, was find a property that I could buy at a deep discount, then quickly resold it for a large profit. Each of my courses will give you easy, step-by-step methods that will teach you how to make big profits with foreclosure real estate -- the exact same way that I'm doing it .

 

6. Can I make as much money with probate houses?

 

You can make as much money with probate houses as you can with foreclosure houses. Probate houses represent one of the best opportunities in real estate investing.

A probate house is a house that someone has inherited. Many people who inherit a house would like to sell it quickly so they can get their inheritance money. This is where you step in. You can buy probate houses dirt cheap, then turn around and resell them for large profits. What could be easier?

Earlier this year, I bought a probate townhouse in Annandale, Virginia. Actually, I didn't buy the property, my investor did. I found the probate house and my investor put up all of the money. We agreed to split the profit 50/50.

My investor paid $103,000 for the property. Then we had it painted and carpeted and put it up for sale with a real estate agent. Guess what? It sold in three days for its full value of $159,000! After deducting expenses, my investor and I made a fast and easy $12,240 each !

This deal was not complicated. Anyone could have done it if they had known the right steps to take. With the easy-to-follow steps outlined in my courses, you too will make huge profits in real estate investing.

I'll show you easy ways to find investors. You can have your investor put up all the money on your deals, just like I did with the probate townhouse. When the property sells, you get one-half of the profit without using any of your own money!

If you don't want to partner the deal with an investor, you always have the option of flipping it to him. When flipping a house, all you are doing is quickly reselling it to someone else. This can be done with only $10 of your own money. How to flip houses using only $10 of your own money is covered completely in the course. You also get complete details on easy ways to find investors who will buy as many houses as you can find!

Preforeclosure houses can be found online (Keep checking your email if you've subscribed to get an excellent recommendation from me on the best way to find listings online)

Preforeclosures are also listed in a special section of your local newspaper. 
My SYSTEM gives you examples of actual foreclosure notices. The examples show you exactly what to look for. You will be able to find profitable deals in less than 10 minutes a day !

You also get complete information on how to find hundreds of probate houses in your area. Probate houses are even easier to find than home foreclosures! You get tried and tested methods for finding them -- quickly and easily.

 

8. How do I find investors who will buy my investment properties?

 

Finding investors is easy to do. The SYSTEM teaches you how to find investors before you start looking for good deals. This way, you can quickly flip your pre-foreclosure and probate houses to them. This is a fast and easy way to make huge profits!

One way to find investors is by placing a small, inexpensive ad in your local newspaper. You will only need to run one ad. The ad is included with the course.

There are many people in every area of the country who would love to buy a house from you at a deep discount. By running one inexpensive ad, you will have more than enough investors to sell your houses to.

The homeowner must repay his bank loan when he sells you his house. This means you will need to find preforeclosure houses that have small bank loans on them. The SYSTEM shows you a very easy way to do this. In fact, it takes less than 10 minutes a day !

For example, if a house were worth $200,000 and the homeowner only owed the bank $100,000 you would want to contact him about buying his house. If the house were worth $200,000 and the homeowner owed $190,000 you would not want to waste your time on it because there is very little equity. The homeowner cannot sell to you at a discount.

When investing in preforeclosure properties, you want to find the good deals quickly and easily so you don't spend a lot of time at it. The course teaches you exactly how to do this.

With probate houses, you will find that almost all of them have no mortgages on them . There is nothing owed against the house. This means that the person who has inherited the house can afford to sell it to you very cheaply and still end up with a lot of money.

 

10. Why would a homeowner sell his house to me at such a deep discount?

You can get probate houses at very low prices because many people who inherit them are "don't wanters." Don't wanters are people who are highly motivated to get rid of a house -- even if it means they must sell it for a fraction of its value. Here are just a few reasons why people who inherit houses don't want them:

• The heirs already own a home and cannot afford to maintain another. They are willing to sell the probate house at a low price just to get rid of it quickly.
• The condition of the property. Many probate houses are in need of cosmetic repairs and updating. Most heirs do not want the hassles of making repairs to a house. They would rather sell it right away.
• In most inheritance situations, there is more than one heir involved. Often, one heir wants his money right away. This person puts pressure on the others to sell the house to the first person who comes along.
• The heirs live out of state and regard trying to sell a property from a long distance as a huge headache.

You can find absolutely great bargains with probate houses, as with those from bank foreclosures. All you must know are the easy steps for finding them and quickly reselling them for large cash profits.

When you sell a contract to another investor, you get your profit very quickly, usually within ten days. This is known as "flipping."

Of course, you always have the option of keeping the property and having it fixed up, then reselling it for full value. Your profit will be much larger because you can get close to full price when selling to home buyers. It takes about three months to complete a deal this way but the extra profit is well worth it.

 

13.  What if I can't find an investor to pass the deal to? Will I be obligated to buy the house?

 

You would have no obligation to buy the house because the course shows you how easy it is to use a "weasel clause." A weasel clause is a simple one-line sentence that you write into your contract with the homeowner that will legally allow you to back out of it with no obligation.

 

14. Are contracts hard to fill out?

 

Don't be afraid of contracts because the course takes all of the mystery out of them. It contains a complete sample contract along with easy-to-follow instructions on how to fill it out. Contracts are much easier to fill out than most people think. Here is what you get:

• How to get FREE local real estate contracts.
• How to fill out a contract with NO legal obligation on your part.
• How to fill out a contract to your advantage .
• How to get real estate agents to help you with your first few contracts -- free of charge !

You can secure preforeclosure and probate house deals with a $10 contract deposit. You never have to risk more than $10 on a deal unless you plan on keeping the property.

 

16. How many hours a week do I need to invest?

 

You need to spend ten hours a week doing this. It can be done in the evenings and on weekends. Of course, if you plan to spend more than ten hours a week at this, you will make even more money because you will have time to find even more deals.

 

17. Are there a lot of people doing this?

 

No. Very few investors know how to buy and sell preforeclosure and probate houses. Even fewer investors know how to find good houses repossessed through bank foreclosures. The information contained in these courses cannot be found anywhere else.

 

18. Do I need a real estate license or any experience to do this?

 

You do not need a real estate license or any experience. The courses are designed for people with no real estate experience and no knowledge of home foreclosures, probate or real estate investing.

 

19. How long will it take for me to get started once I get your SYSTEM?

 

You can get started right away. The courses contain "Fast Start" steps that will get you started as soon as you have finished reading them. The Fast Start steps are designed to help you get started right away so you can find your first money-making deal as quickly as possible! Within two days of receiving the courses, you can get busy finding money-making deals. 

 

 * The testimonials and examples used are exceptional results, which do not apply to the average purchaser, and are not intended to represent or guarantee that anyone will achieve the same or similar results. Each individual's success depends on his or her background, dedication, desire, and motivation.