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Re: I have investors, Need preforeclosures !

Posted by Reg L. on August 25, 2001 at 9:16 PM

In Reply to: I have investors, Need preforeclosures ! posted by Mark on August 07, 2001 at 11:49 PM

: Hi, I deal with offshore investors that purchase preforeclosure real estate in several areas of the US. To them it is not only a great return on investment, but also a great tax haven. I assist my clients with the purchase of the property, but need assistance in locating preforeclosure properties. I handle all the transactions betweeen the homeowner and the investor. What we are willing to pay is a finders fee for some help with the location of the property and minor transactional details. The usual finders fee is 10% of the negotiated purchase price. If any one has access to Preforeclosure information, and would like to earn a possible substantial income, please contact me at the above e-mail address.

Mark;

One that is capable of finding folks willing to sell their property at a subsantial discount on a consistant basis would not need/want to work for a mere 10% (or other smalll %). If they are that capable, they will want to be in the "drivers' seat". My experience has shown that there is always more $$$ available than good deals. If one has a deal, the $$$ can always be found, usually locally. Don't believe it, Just run an ad something to this note in the local newspaper:
Need investor to partner with me on bargin real estate deal. Buy $ 250k house for only $175k. 1st Deed with good LTV.

Readers--a much better solution is to get trained and learn how to find the deals and the $$$. Ward does a great job of teaching you both in his 3-day workshops. Get over the initial cost--Just Do It!!

PS: Mark-Thanks for being so kind to the other posts.


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