The Automated Foreclosure Finder (AFF) is the latest program from Dean Graziosi to help you capitalize on the foreclosures taking place in record numbers around the country.
With the huge number of the foreclosures looming over homeowners,these owners are looking for options to save their home or at least their credit. Though the situation is unfortunate, as an investor you have the ability to both help the owners and yourself at the same time.
The AFF is designed to get owners facing foreclosure coming to you, before the bank takes the property. This will allow you to find better investment opportunities with more flexible arrangements than can be had from bank owned properties.
The Automated Foreclosure Finder will automate the tasks of dealing with every case personally, and instead let your sort and sift through all the deals coming your way to focus on only the best deals you are interested in.
Dean is so sure you will find the program a critical time saver and give you the ability to step up your investment potential he is offering it for a $1 trial so you can test drive it yourself.
See our Automated Foreclosure Finder site to learn more and take advantage of the trial.
getting started
ok, read the book. Foreclosures are the way to go. Got on the web and downloaded whole bunch of REO foreclosed SFRs in my area. But, the contact is always a realtor. How can I get an REO property at below market value if I am dealing with a realtor?
How do I find buyers BEFORE I locate properties? Any ideas?
Craig
How can you get an REO
How can you get an REO property at below market value if your dealing with a realtor - If in fact it is a true REO and the market cycle is on the down side, more then likely it is already discounted below FMV. My suggestion - Do your due dilligence run your numbers if your numbers make sense, talk to the realtor about making an offer. Before you do that though, make sure you at least have an approval letter to back your offer. Most REO's, at least in my area, are requiring that.
How do you find buyers BEFORE you locate properties - Market yourself. Put up some ads on the free websites and in your local paper. EX - Something simple...BirdDogger seeks investors. I am sure you get the idea. Suggestion - Build your Network first, the rest will come into play.
Hope the little basic information I provided helped some.
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Thank You,
Robert Enriquez
Banks with either use a "in
Banks with either use a "in house" realtor or sub it out, but they almost always use a realtor. This is common and will not affect your ability to get it for below market.
As for finding buyers, run a ad with "Get in your dream house for 30% off market." Something like that... if houses in your area are only off 10% then use 10% instead of 30%.
Excellent Job of Particpation
To: Robert Enriquez
Thanks for responding to these questions, your answers are very informative. As for your problems with fixing up the houses and doing maintenance, I'm sure you can get someone to give you a hand for lets say, 1/2 price and then offer a set amount at a pre-determined date when you sell the property(ies).
Thanks again
Spencerfirst
Sources for fixing up houses and maintenance in Tri-State Area
Hello Everyone,
I have great sources for fixing up housing and doing maintenance in the Tri-State Area.
Please feel free to contact me at fleming3999@****. My sources will give you quotes and can work out flexible plans to suit your needs.
Thanks! I hope to hear from you soon!!
I have a piece of property
I have a piece of property that was recently signed over to me from a seller. My goal now is to sell the property as quick as possible so I can have enough money to buy my first piece of property. Can someone help me with the right verbage to include in my ad that I am running for the property and also provide me with any other selling tips.
Thanks
getting prequalified
I recently found a REO property I was interested in purchasing and when I spoke to the realtor they informed me that in order to make an offer I would need a prequalified letter from a lender and earnest money or possibly a promissory note for the earnest money.Now I did not have an issue with the earnest money,but because of my current situation being unemployed Im sure I could not get prequalified for a loan even though my credit score is 713 please help me find a way to get around this prequalification crap.I have read become a realestate millionaire book several times over and am aware of the different loans NINA , STATED INCOME&ASSET,& so forth but none of the lenders I have contacted have these loans available and most say they never did.while I do have some cash to put down and my credit is good I also have over 100k equity in my home but I can not get a HELOC OR REFINANCE BECAUSE I AM UNEMPLOYED
PLEASE HELP
MARK MING
I'm NEW.......HELP??? No cash down and bad credit to boot!
Fixers, foreclosures, ANYTHING I can make a quick or semi quick buck on.
I have $0 cash for down payment and am on disability and have a low credit score!
Am I dreaming to think I can even do this?
ANY help to get started would be SO appreciated as I care for a mentally disabled adult child.
I'm tired of being BROKE all the time!
HELP??
[email protected]
Arlington, Washington 98223
i am new to this real estate
i am new to this real estate thing but i think you should try something called a finders fee were you look for ugly looking houses that need repairs and show signs of neglect then contact the owner to see if they want and need to sell it then you assign the property to an investor and receive a fee for your research in putting two parties together.This is a quick way to make easy cash even if you have bad credit.But you must first ask them if they would give you a fee for helping them first.good luck
i have bad credit but know
i have bad credit but know how to repair and market these properties never get a chance to prove myself just need a lender that will finance 65% arv so i can get out of the box. let me know if their is any alive.
AFF
I ordered the Automated Foreclosure Finder System for the 14 day free trial for a $1.00, but I've been unsuccessful in getting the site. Please help me to enter.
AFF
The automated foreclosure finder system,can anyone tell me about this system how it work and the benifit it offers I am new and want to get started in the pre-foreclosure and short sales, are there any help in this area.
Getting Help
Because you are unemployed do you know someone who is working and would like to be a part of the realestate business if so offer them a part ownership in the house in return for their time on the job has, to be at least 2years or better and if they have good credit there should be no problem ,you have the money they have the job, wish you the best
Getting Prequalified
I just set up a Home Equity Line of Credit with my bank using my $110K worth of equity and my bank never asked if I am still employed or not! If needed, my rental property has $23K of equity also!!!
PLEASE HELP
MARK MING
Partnership
Have you thought about getting a partner ?
georgiaflnt@****
Flint, Michigan 48532
Gettin Prequalified
Have you thought about using a Loan Shark ?
Are you trying to get equity out ?
Georgia, Flint, Michigan
Help
I understand financial difficulty can put us all in a bind. And it does strike us at moments we least expect it. Due to the fact you have experienced this and currently experiencing it. Your situation will be the best catalyst you can have in this business. Look for other people experiencing financial hardship with distress properties in your area,ex. preforeclosures. This will give you time to structure the deal, get it under contract and get the help you need and find a buyer in which to assign the contract. You will be the best help to the seller because you can empathize with them and explain to them it will be a win/win/win situation and you will do your best to help them. They will most likely listen to you. People are likely to work with someone that they feel really understands their situation. You don't have to share your situation. They will telepathically/instinctly pick it up. Hope this was helpful.
try this logiin page
https://www.automatedforeclosurefinder.com/members/index.html
HELP!!!! i need to get started
i'm a single parent new to re investing and i strongly desire to get it done. i'm the type of person that will do it afraid..the issue is i'm a visual learner. if i have to get out here by myself to do it opposed to going with someone in the field to see how it's done then i'll need step by step instruction because things are not connecting for me. there are so many ways to make money in investing and so much information out here that i'm stuck...i don't have money to start with so i'm clear that i need to find motivated sellers and do subject to deals/wholesaling...i'm just not clear on how to get started....pleasssse advise-i've got to get started!!!
finders fee
hi i am new to this and i will like to know how does a finders fee works thanks.
pre qualifying
hello when i want to do a deal i build a buyers list first you do not have to put up any earnest money right away or do a letter all you do is lock it up on contract and you have thirty days to pay you do not need credit or any long term pay stubs backing you up all you need a buyer with money to give you for a deposit you use their money not yours i havent done my first deal yet i wont approach a realtor or seller with out the cash in my hand from the buyer i have around the corner thats what dean teaches to have abuyer before you go talk to the seller or a realtor i will use the buyers credit and the buyers money to do all my deals and it better to work with the home owner thats another way of getting around any letters i havent worked in two years right now i am living off a insurance settlement so i dont even have a job you knw i dont plan on spending any of my own money to answer your question first make a list of buyers thats the first thing you do then match them up with foreclosures lock it up on contract with a clause that says that you only agree to purchase the property if you partner agrees its just a piece of paper i am gonna dot hat with reos froeclosures tax liens you name it man good luck if some one asks you for a pay stub or anything like that tell them that your just buying to resell it and the money you just handed them wasnt yours