Foreclosure investing allows you to take an unfortunate situation and turn it into a win-win for everyone involved. Pre-Foreclosures, Auction and Bank Owned (REO) properties provide a never-ending source of investment possibilities. All types of exit strategies including Wholesaling, Retailing, Buy/Fix/Hold, and Lease Option can be applied to foreclosure properties that you pursue.
In this essential advanced training you will discover how to find foreclosure and pre-foreclosure property as well as how to negotiate in all types of foreclosure related situations. You will be shown how to maximize your profit potential while helping people out of what is often a crisis situation.
Foreclosures Learning Objectives
- Know the four parts of foreclosure investing: Find, Evaluate, Fund & Exit (FEFE)
- Explore state-by-state differences in foreclosure procedures
- Discover multiple approaches for finding pre-foreclosures
- Understand how to complete a title search
- Calculate what a foreclosure property is worth through comparative market analysis & inspection
- Master negotiating techniques when dealing with both homeowners & lenders
- Examine the different foreclosure financing options
- Understand how to deal with banks regarding short sales
- Compare & evaluate multiple exit strategies for foreclosure properties including Wholesale Buying, Lease Options, Retailing, & Buy/Fix/Hold
- Discuss how to market foreclosures
- Discover how to equity share a foreclosure property
- Learn how to buy at a foreclosure auction
- Discuss the steps for locating, negotiating, & buying bank owned properties REOs
- Create your personal 90-day action
Role playing and hypothetical scenarios are among many interactive and fun techniques applied in this training to ensure optimal understanding and the ability to apply these tools and strategies in the real world.