Real Estate Forums
| REO/BPO and Foreclosures Real Estate Owned and Broker Priced Opinion topics, as well as discussions on foreclosures and how to make the most of this aspect of the real esate market. |
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I've stumbled across a simple little formula that claims to build massive wealth through real estate foreclosures. It claim's, if used properly, consistently and with a work ethic, to work well and quite quickly.
Can this be true? I'm skeptical but tempted as the testimonials seem for real. I'm desperate to make it in foreclosures as I know of two guys who have, and who started off with nothing. I would therefore appreciate any experienced member appraising this site for me to see whether it would be worth going for. The link is: Spam link removed in place of the pic of a "horses ass" Jeffrey Ringold - CEO of Massive SPAM Please reply with your comments. If only wishes were horses!! Last edited by webmaster : 09-02-2005 at 05:40 PM. |
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You mean a horse's ass like you? Wait until daddy gets home.
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What a rough crowd.
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lol, I was a bit tired last night. Once I saw the second spam post I let out some frustration. Then I felt a whole lot better.
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I hear ya!
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Sure you can make money buying foreclosures because I have myself. But it's a pain in the butt and and a whole lot of hard work. If I could just find that person to pay me while they owner finance a property like the commercials say I could buy myself a pony. Ohhhh...A pony
This is my first post but I couldn't help responding to the stupid spammer. |
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I have to jump in as well. I am an investor. I like to buy beat up houses cheap, fix them up, and sell them at retail. I have begun investing in foreclosures as well - mainly because I was contacted so many times by homeowners who really needed help - and too many "guru" educated people were filling their heads with empty promises.
So, I started working on my short sale tactics. Let me tell you - you can buy a home in foreclosure at a steep discount - but be prepared to work - and work - and work. It is a long road and not for the entry level investor. And that is for conventional mortgages. Now, look at FHA insured loans. You can still make it a success, but there are formulas to follow to ensure HUD will actually allow the foreclosure. A night looking at some assholes course will not prepare you for it! Yes there is money to be made there - a lot, but let me quote someone by saying - "you get old fast, and investing in foreclosures speeds up the process". I just had to jump in here. I am so sick of people trying to sell their "get rich quick" schemes. |
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I work for a company that buys at the foreclosure auctions in LA, after 10 years of doing it we turned over 40m in properties last year. this year its a very tough market but still going strong. I do my part for them from France and am just starting to investigate the auctions here. The laws haven't changed since Luois XIV but people are making money at it. I don't profess to be a GURU but I know alot about buying foreclosures. It is simple . Simply hard work. If you need any pointers or you want to invest in France drop me a line
Richard at tdcproperties. com |
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Hi
You are not clear with your thoughts, will you give more information. So I can help you out in this matter. |
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