I’m new like most everyone else. Here is my idea. Any info is appreciated.
I can market to homeowners facing foreclosure. I have realtytrac which I believe has given me valid info thus far.
After meeting with the homeowner, I advise I do not guarantee anything. Mainly because I don’t know if the bank will be willing to work with myself or the homeowner. I get a form signed allowing me to speak with the bank.
After I leave the house, I contact the bank and wait a few days for the authorization to reach the right person and get inputed in the system.
Now I market the crap out of the house looking for a buyer.
I use the buyers money to show the bank I have the funds to purchase the house and then negotiate a short sale.
I do a double close, again using the buyers money for my closing costs.
And I look to do this process again.
Please let me know your thoughts.