Buying Foreclosures, REOs. Short Sales, FSBO, MLS and More

place under contract need advise

ok i have 2 places under contract the one in question is a single family home in a nice area. I have it under contract for what he owes the bank but the numbers are close but there is some money to be made its ARV is 90k and purchase price and rehab will cost 65k thats with my 3k fee. my buyers list sucks!!! the house would easily sell for 85k and so I think the numbers are so close that the buyers I have want more meat on the bone. below are my questions

1.how can i find more real cash buyers and title companies here dont give any info about recent sales here and my county charges by the page to look a records insane!!!!

2.MAIN QUESTION.
What other strategies can i use to make money on the house? can i do lease option or assignment of mortgage?

How to build your Buyers List?

I have posted asking for help to build a buyers list nation wide. I have not gotten any replies. What is up with that? I was told by one of the instructors that this was an excellent way to access and build a buyers list.

Finding short sales in a competitive market?

Any creative ideas on finding good short sale opps? Has anyone had luck staying in touch with short sale negotiators or attorneys to get a jump on any new deals or some that fall through with the initial buyer?

What are you doing to get good short sale deal flow outside of fighting for them on the MLS? It's getting old getting into bidding wars on everything I try to get through normal channels.

Lose Your Home, Get Socked by IRS!!

If you know someone who is losing their home to foreclosure, or thinking of a short sale, you should read this article...

"If the mortgage debt relief law expires this year, 'underwater' homeowners who are going through foreclosure or a short sale could also get a big federal tax bill."

http://money.msn.com/home-loans/lose-your-home-get-socked-by-irs-weston....

FSBOs & FRBOs

Good day, DG family. I am coming to you today with a two-part question. I have gathered number of I have gathered a number of FSBO & FRBO numbers with good potential which I will begin working on next week. I also plan to attend some open houses on these properties, if possible. My plan is to lease-option or wholesale in my strategizing. if I am able to lock some of these up under contract I then become the one arranging open houses, correct? (That can't be easy, right?) Also, is it possible for the owner to sell/rent the property while orchestrating B to C? All responses are appreciated.

Locked on Contract, Title has"holes"...Bummer!

Seeking advice from those who know from experience!

This one was going to be a good one:

Seller:Father and Son responded to my bandit sign.

House 1956
3/1
1137 sqft
(NO COMPS available)My investor friendly Broker determins a BPO= 75,000.00 His Buyer was ready to buy at this price! (comps were determined from my investor friendly Broker he uses an appraiser.

Locked on contract= 53,000.00
Double Closing my broker and I spliting profits.

(The sellers had an existing tax lien 17,000.00)

Getting my feet wet please help

What do you recommend I try if I want to wholesale properties...
Where how to find and make deals thanks in advance

Have a Buyer - Need some Help

I have a buyer who is looking at getting:

3-2-2, car garage, not picky, around the 75220 zip code or close by. they are currently paying 1700 to rent a home, so want to buy a home but they will need owner financing.

Anyone have any properties maybe we could split the fee on?

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