Funding for Short Sales, REO’s and other Flips

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With so many homes going into foreclosure, or already taken back by a lender, Real Estate Investors have the opportunity of a lifetime to make huge profits by negotiating 

  • 1) short sales with lenders who foreclosing on homes
  • 2) big discounts on bank-owned inventory (REO’s)

and then reselling them to a new buyer at a higher price thus making a profit while still offering the  new buyer a great discount.

In the past, these types of flips could be accomplished in a simultaneous closing such that the investor closes with the buyer, and simultaneously uses those funds to pay off the lender at the negotiated price and pocketing the difference as his profit. 

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Net net this is a nothing down transaction because the investor is using the buyer’s funds to pay the lender.

Unfortunately, this is no longer legal and will not be permitted by the lender, and closing attorneys will not do it. Read more

Tell the Investor Your Story

access to private lendersWith high net worth individuals you aren’t the first or only investment they’re considering, so wouldn’t it be critical to immediately convince the investor of the value of what you’re doing?  The best way to do that is tell them a story about the reason why of your investment.

For example, you could say,

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