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As the market becomes hot most investors are struggling to find deals. Off-Market Properties still remain the largest source of inventory. In most market there are over 30,000 pre-foreclosures that will end up either on MLS, Auctions, or bank owned REO properties. Most real estate investors including experienced investors have no idea of how to work the Pre-Foreclosures. Pre-Foreclosures are the single largest source of hidden deals at any given time. At the upcoming meeting we will breakdown how to mine for gold with off market deals.
Pre-Foreclosures can be divided into two major categories
• Properties listed in the MLS (5% of all Pre-Foreclosures)
• Off market deals NOT in MLS (95% of all Pre-Foreclosures)
Andrew will cover how to break down off market pre-foreclosure deals
• Pre-Foreclosures with equity
• Pre-Foreclosures 60 days or less from auction
• Pre-Foreclosures without equity or commonly known as short sale
This meeting will be packed full of tons of content and information that you can put to use immediately.