foreclosures - Posted by stacey

Posted by Tyrone(NY) on April 05, 2000 at 06:00:59:

how did you obtain financing for these deals.I have found many deals like these in the NY area but cannot find the cash

foreclosures - Posted by stacey

Posted by stacey on April 04, 2000 at 13:52:21:

has anyone found any good pre-foreclosure deals that
they have made money on???

Netted $177,426 on 4 deals '99 - Posted by Bob H

Posted by Bob H on April 05, 2000 at 24:54:24:

1- duplex bought @ $200K, rehabbed, sold individually @ $200K & $190K - netted $96,470
2- SFR - bought & sold same day - netted $13,424
3- SFR - bought @ $66K, rehabbed, sold @ $115K - netted $29,662
4- SFR - bought @ $255K, rehabbed, sold @ $345K - netted $37,870

We looked at 100+ deals to find these. It’s a lot of legwork, but the deals are there if you are willing to do your homework & put in the time.

Sure! - Posted by Bill K. (AZ)

Posted by Bill K. (AZ) on April 04, 2000 at 15:49:08:

Stacey,

I work almost exclusively with preforeclosures. Check out my first deal in the Success Stories here:

http://www.creonline.com/ss-89.html

Bill K. (AZ)

Re: Netted $177,426 on 4 deals '99 - Posted by brian

Posted by brian on April 05, 2000 at 20:29:01:

Were these subject to deals, reo’s, hud or what? Did you retail sell them, L/O, contract sale or how did you move them. You are doing what I am attempting to. I have bought, rehabbed and L/O’d have not sold retail yet and would love any advice

thanks
Brian