by Brandon Reynolds | Sep 20, 2010 | Real Estate Investment How-to Articles
Short sale flips (the process of shorting a property then reselling it for a cash profit in a simultaneous closing) have been taking heat lately from title companies and real estate brokers. Realtor blogs are filled with drivel about how these transactions are illegal...
by Brandon Reynolds | Aug 27, 2010 | Real Estate Investment How-to Articles
Three years ago you would not have been able to find a single article in any newspaper or online publication about short sales. Today, there is an average of 5-10 new pieces–each and every day. Over the course of a year, that translates to nearly 3,000 different...
by Brandon Reynolds | Aug 27, 2010 | Real Estate Investment How-to Articles
The biggest mistake you can make in this time of this “late recession” (in some areas already “post-recession”) is to assume that all of the sellers out there are over-leveraged and that the ONLY way to make money is to work short sales. That...
by Brandon Reynolds | Aug 27, 2010 | Real Estate Investment How-to Articles
As we covered in How to Get Paid to Buy a Great Deal (Part 1), there are a lot of opportunities in this current economy in addition to working with foreclosure deals. In the previous article, we covered the type of sellers that will pay you to buy and the...
by Brandon Reynolds | Aug 27, 2010 | Real Estate Investment How-to Articles
The real estate short sale is a phenomenon that has taken the real estate industry by storm in recent years. Not to be confused with selling a publicly traded stock “short,” a real estate short sale involves a mortgage company accepting less than their...
by Brandon Reynolds | Aug 27, 2010 | Real Estate Investment How-to Articles
I’ll cut right to the chase, the biggest mistake short sale investors make is the way they determine the amount of the short sale offer they make to the lender. There’s the wholesale offer, as I call it, where the investor uses the ol’ 65% of as-is...