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where to focus?

Posted by Nelson on January 17, 2002 at 6:29 PM

I've been doing my homework for several months, trying to figure out where to focus in the distressed property cycle. I've been to auctions, looked at REOs, considered short sales after notice of sheriff's sale, wondered about buying discounted mortgage judgements, and talked to a few distressed owners early in the cycle. Each seems to have +/-. I'm curious why you chose one area over another, what drew you to it? Also, where are the returns the best?

regards,

Nelson


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