by Brandon Reynolds | Dec 29, 2008 | Real Estate Investor Success Stories
You gotta love bank foreclosures! Recently, my partner and I purchased a two-family home from a bank, post-foreclosure. Prior to the foreclosure, the bank was trying to sell the property for $133,000 (the outstanding mortgage). No offers. They then took the property...
by Brandon Reynolds | Dec 29, 2008 | Real Estate Investor Success Stories
I wrote you before about a success story that made me over $20K in 30 days and I had to share another one with you. [See $23,000 Profit in Less Than 30 Days.] I purchased a two-family house at the local tax auction for $6,500 last month. Fourteen days later, I sold it...
by Brandon Reynolds | Dec 29, 2008 | Real Estate Investor Success Stories
I made a lot of mistakes on this deal, but still ended up with $16,000 in equity and a $300 monthly cash flow. I purchased a 4-bedroom fixer from FNMA for $34,500. My first mistake was I spent too much on repairs to the tune of $20,000. So now I was into the property...
by Brandon Reynolds | Dec 29, 2008 | Real Estate Investor Success Stories
I got a call from another member of our REIA [Real Estate Investment Association] group in another county, and he said someone had just called him wanting to sell their house and 1.5 acres for $15,000–quick sale! As soon as I hung up the phone, I called the...
by Brandon Reynolds | Dec 29, 2008 | Real Estate Investor Success Stories
I’ve been following this website for about six months now, and you’re to be congratulated. This is a great site and service. Thank you. I finally got the nerve to do my first deal, which I think went very well. I searched high and low for months and made a...
by Brandon Reynolds | Dec 29, 2008 | Real Estate Investor Success Stories
Thanks to all who have contributed positive and thought-provoking information to this site. I did a deal about two months ago (and was content), but my continued visits to CRE Online pretty much forced me to go beyond my comfort zone and scrounge around for another...
