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First Deal

Posted by Tajuan on February 12, 2004 at 9:53 PM

Ok Im new to the game of pre- foreclosure investing. Last week I did some calls to a few owners-I recieved my first over the phone rejection so I'm getting some where : )This week I went to a few houses, I discovered that one wasnt worth any type of investing since he owe to much in default mortgage and the house was run down.That is also when I got my second rejection from an owner, this time in person. Next week Im sending out a letter that I design which everyone says is great. And then the last week of the month will be focusing on the few that I feel are worth the chase after all of the effort. Soooo my question for all of the gurus out there is this: WHEN WILL I SEE MY FIRST DEAL??? I work for a realty company in Chicago and they provide the investment money. How long will it take for someone to budge, I have roughly 20 owners Im looking at now for the month.


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