Im very new at this but I am so eager to get started in Real Estate. I've always wanted to do it but didnt have the guts to. Im 23 years old have no money and no established credit but I'm not letting that stop me. I've read Deans book and I think the book is awesome! I have a question though for anybody out there. I have a friend that is moving to my area in the next month or so and is looking for a house. I have got all his info on what price range he and his wife are looking for and what they have pre-qualified for. In my area there are 100's and 100's of pre-foreclosures and foreclosures that I have found {on foreclosurealert.com}that are a killer deal. I just need some steeping stones on what to do next. For example....I found a house in a great location. It's a 3bed, 3bath with 1653sqft with pool and it's in preforeclosure. The estimated value is 150,629(which is in their price range)and the Default amount on the house is 124,900. I just don't know what is the best way to go about getting a decent profit, helping them get their first house, and saving the home owner from being foreclosed on. I NEED HELP!!
Thanks, Brandon
Im very new at this but I am so eager to get started in Real Estate. I've always wanted to do it but didnt have the guts to. Im 23 years old have no money and no established credit but I'm not letting that stop me. I've read Deans book and I think the book is awesome! I have a question though for anybody out there. I have a friend that is moving to my area in the next month or so and is looking for a house. I have got all his info on what price range he and his wife are looking for and what they have pre-qualified for. In my area there are 100's and 100's of pre-foreclosures and foreclosures that I have found {on foreclosurealert.com}that are a killer deal. I just need some steeping stones on what to do next. For example....I found a house in a great location. It's a 3bed, 3bath with 1653sqft with pool and it's in preforeclosure. The estimated value is 150,629(which is in their price range)and the Default amount on the house is 124,900. I just don't know what is the best way to go about getting a decent profit, helping them get their first house, and saving the home owner from being foreclosed on. I NEED HELP!!
Thanks, Brandon