So I have everything in order to purchase my first investment, but I am having alot of trouble finding my first one.
I have spoken to multiple agents who have said they will call with anything good. But nada.
I keep running through Zillow, but have yet to find anything worth investing in. Most seem to be fixer uppers priced right in line with sorrounding homes.
Can I get some tips on how you guys have found good investment properties.
Thanks!
JV
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and VA homes, investors can buy these properties. Also Fannie Mae properties can be brought for cheap depending on your area.
"I will NOT BE BROKE! ANYMORE!"
In the name of Allah, the Beneficent,
the Merciful.
22.He is Allah besides Whom there is no God: The Knower of the unseen and the seen; He is the Beneficent, the Merciful.
23. He is Allah besides Whom there is no God: the King, the Holy, the Author of Peace,the Granter of Security, Guardian over all, the Mighty, the Supreme, the Possessor of greatness. Glory be to Allah from that which they set up (with Him)!
24. He is Allah: the Creator, the Maker, the Fashioner: His are the most beautiful names. Whatever is in the heavens and the earth declares His glory: and He is the Mighty, the Wise.
If you can't find anything in your area you might have to go outside of it like Matt did. I know investors in one city are investing in a totally different city because the market's hot and they have a team in place. Hope this helps!
Elena
Psalms 118:23 "This is the LORD's doing; it is marvelous in our eyes."
Thanks for the replies.
Can I ask where specifically you are looking to find the HUD or VA listings? Is it on the ForclosureAlert web site? Or on a .gov site?
Elane, I think you may be right. There is pretty fierce competition in my target market. I may have to expand my search.
http://www.hud.gov/faqs/faqhomebuy.cfm
This link will take you to the HUD site. Go the the obtion to find your state. Then the easiest way is to ask to see properties by city. There are some good deals there.
I haven't made my first deal yet either, but I keep trying. I do think one of the strategies Dean teaches will work in ANY area.
Blessings & Favor,
Gena.
Follow my Blog: www.genahoriatis.com
I can do all things through Christ who strengthens me. Phil 4:13
Psalm 1:1-3
here's the link for HUD homes: http://portal.hud.gov/portal/page/portal/HUD/topics/hud_homes click on your specific State to take you to the exterior site (leaving the HUD.gov site) for your State. Here's a page link http://portal.hud.gov/portal/page/portal/HUD/topics/homes_for_sale showing the other site links for Dept of VA, FDIC and so on to find homes through those sources.
Can I ask where specifically you are looking to find the HUD or VA listings? Is it on the ForclosureAlert web site? Or on a .gov site?
Elane, I think you may be right. There is pretty fierce competition in my target market. I may have to expand my search.
"I will NOT BE BROKE! ANYMORE!"
In the name of Allah, the Beneficent,
the Merciful.
22.He is Allah besides Whom there is no God: The Knower of the unseen and the seen; He is the Beneficent, the Merciful.
23. He is Allah besides Whom there is no God: the King, the Holy, the Author of Peace,the Granter of Security, Guardian over all, the Mighty, the Supreme, the Possessor of greatness. Glory be to Allah from that which they set up (with Him)!
24. He is Allah: the Creator, the Maker, the Fashioner: His are the most beautiful names. Whatever is in the heavens and the earth declares His glory: and He is the Mighty, the Wise.