Richard Odessey
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Article
Funding Your Real Estate Deals - The Holy Grail?
What if you had the means to acquire any piece of property without taking a dime out of your own pocket. It sure puts a smile across my face. Wouldn’t this change your approach to real estate investing? Wouldn’t you be aggressively looking for the best killer deals, and accepting nothing less? Wouldn’t you be a ruthless negotiator, because you had the means to do the deal, but only on your terms. And wouldn’t this strategy be the surefire way to make you wealthy? If you answ
July 31, 2008
Article
The Ultimate Short Sale Secret
Buying foreclosures can be extremely profitable for real estate investors. However, most of these homeowners are mortgaged to the hilt. They have no equity, and big loan payments. In fact, many actually owe more than the property is worth! Most investors will walk away from these deals because they see no obvious profit. However, you can “create” your own equity by negotiating a “Short Sale” with the bank or lender. Why Short Sales Don't Work However, even experienced inve
August 15, 2005
Article
Negotiating A Short Sale – The High Road to Huge Foreclosure Profits
Buying foreclosures can be extremely profitable for real estate investors. However, most of these homeowners are mortgaged to the hilt. They have no equity, and big loan payments. In fact, many actually owe more than the property is worth! Most investors will walk away from these deals because they see no obvious profit. However, you can “create” your own equity by negotiating a “Short Sale” with the bank or lender. What is a Short Sale? The concept behind the short sale i
August 15, 2005
Article
Successful Short Sale Secrets with Foreclosures
If you’re active in real estate investing, you may already realize one of the biggest issues real estate investors face: Finding Great Deals. Foreclosures at a 52-year High With foreclosures at a 52-year high, there are thousands of deals available on the market, if you know where to find them and how to secure them. The first challenge you'll face once you locate the property is that most of these homeowners are mortgaged to the hilt. They have no equity, and big loan paym
August 13, 2005
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