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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: I have investors, Need preforeclosures ! Posted by Mark on August 29, 2001 at 3:50 PM In Reply to: Re: I have investors, Need preforeclosures ! posted by Reg L. on August 25, 2001 at 9:16 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 $$$. Ward does a great job of teaching you both in his 3-day workshops. Get over the initial cost--Just Do It!! : PS: Mark-Thanks for being so kind to the other posts. Reg L. everyone "thinks" that it is easy to come up the financing along with dealing with the homeowners, and closing these types of transactions. If it were that easy every one would be " in the drivers seat" 10% on an avereage transaction price of 150k = 15k, not bad for a few hours work, compared to your theory, obviously you are a new one to the area of foreclosures so your lack of information and understanding of the process is understandable. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : : Hi, I deal with offshore investors that purchase preforeclosure real estate in several areas of the US. To them it is not only a great return on investment, but also a great tax haven. I assist my clients with the purchase of the property, but need assistance in locating preforeclosure properties. I handle all the transactions betweeen the homeowner and the investor. What we are willing to pay is a finders fee for some help with the location of the property and minor transactional details. The usual finders fee is 10% of the negotiated purchase price. If any one has access to Preforeclosure information, and would like to earn a possible substantial income, please contact me at the above e-mail address. : : Mark; : : One that is capable of finding folks willing to sell their property at a subsantial discount on a consistant basis would not need/want to work for a mere 10% (or other smalll %). If they are that capable, they will want to be in the "drivers' seat". My experience has shown that there is always more $$$ 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. : Reg L. everyone "thinks" that it is easy to come up the financing along with dealing with the homeowners, and closing these types of transactions. If it were that easy every one would be " in the drivers seat" 10% on an avereage transaction price of 150k = 15k, not bad for a few hours work, compared to your theory, obviously you are a new one to the area of foreclosures so your lack of information and understanding of the process is understandable. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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