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Foreclosure Forum |
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Re: Staying focusedIn Reply to: Re: Staying focused posted by Damien Melle on August 08, 2003 at 8:11 AM : : I understand why you recommended newbies stick with a particular geographic area at first, then branch out later after gaining experience. It does seem a bit overwhelming to try and sift through properties, although it's hard not to because they all seem like great opportunities. : : But, what do you think about trying to purchase junior liens at a discount? Like anyone else new to this, I'm limited on cash and trying to find ways to get into the hunt without alot of money. Do you think it's a viable option or is it something you happen to luck into? I'll have to say, door knocking is a whole new experience, but fun! Thanks. : Gary, : I am kind of new to the foreclosure game, that is knocking on doors and working directly with homeowners. I took a class with Ward, and if you have not, I recommend it highly. After my training I purchased at pennies on the dollar a TD from a bank. It was my first deal, and as of today I still have that note and received my intial investment back. So if you find them, they can be good deals. : I have a question for you, How often do you knock on doors? and do you seem to get anywere with it? The reason I ask is, I seem to never get any response, but I am not sure if I don't do it enough (meaning day after day) : Damien --------------------------------- Mike Follow Ups: Post a Followup:
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