The key to making money in real estate is finding motivated sellers. Financial trouble is often the single biggest motivator. From finding properties in foreclosure, to negotiating with sellers in financial distress, to reselling the properties to realize healthy profits, this is a comprehensive money-making guide. The book shows real estate investors how to: understand the concepts involved in investing in foreclosures; find a motivated seller; structure the deals, including how to buy with little or nothing down; negotiate with sellers in foreclusores, including how to overcome obstacles and close the deal; avoid costly contract pitfalls; and hold on to newly acquired properties and grow a portfolio for long-term equity build-up.
The authors pull all the steps together into a seven-step action plan, so that investors can apply what they have learned and start making money.