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cotton
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Posts: 2
FORECLOSURES
«
on:
February 02, 2010, 12:04:35 PM »
I am a newbie.
I have heard that buying and flipping foreclosures can be very complicated??
Is this true
Would anyone recommend diving into it and focusing on it till I master it?
I would like to do foreclosures but not sure if I should focus on something elsse instead.
Any imput would be greatly appreciated.
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aaronwilliams123456
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Re: FORECLOSURES
«
Reply #1 on:
February 04, 2010, 07:21:09 AM »
I think you should focus on locating motivated sellers no matter what the situation is; weather if its a foreclosure, a probate, divorce or whatever. That's the key. Once you find a motivated seller you can then go ahead and analyze the house to see if it makes sense to buy or not.
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Re: FORECLOSURES
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Reply #2 on:
February 04, 2010, 07:41:39 AM »
Motivated sellers, you can find a lot. It's the buyer that is difficult to find. Know every detail of the house as possible - that would help you in your decision whether to buy it or not.
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cotton
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Re: FORECLOSURES
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Reply #3 on:
February 04, 2010, 05:10:52 PM »
Thank you kindly for taking the time to respond.
That sounds like very good advice and at least I have a starting point.
Thanks again
Have a great day
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