Sunday, January 18, 2009

182 REO's for $2,472 each

Last week, I received a package of - now get this - 182 houses DIRECT from Fannie Mae. The price was around $450,000 - too rich for me - but the package sold within 2 hours to another investor in the network. You can do the math... $450,000 divided by 182 houses... thats only $2,472 per house! Do you think you could make some pocket change on that deal? If you averaged ONLY $15,000 per house, you would have pocketed a cool $2.7 million. Now THAT'S a home run.

By the way, my real estate friend has purchased over 700 houses since May of 2007. He has made over $1,000,000 profit starting with an initial investment of only $40,000. I haven't done quite that well since I only started a month ago. Him and I are having an absolute ball doing this. It's fun, exciting, and very, very profitable.

Check it out at www.REOBlackHole.com

1 comments:

  1. Dear sir

    please see those videos

    http://www.youtube.com/watch?v=Gvt1M7Xp2Uw&eurl=http://widget.slide.com/version/20090105214456/widgets/fw/adapters/wrapper_youtube.swf?playerUrl=http://www.youtube.com/
    http://www.youtube.com/watch?v=Fgeqrs5ePLU&eurl=http%3A%2F%2Fwww.tahyyes.org%2Fsearch%3Fupdated-max%3D2009-01-13T21%3A24%3A00%2B02%3A00&max-results=20
    http://video.google.com/videoplay?docid=-2451908450811690589&ei=PCBYSZT1M4P6-QHInZC9Cg&q=occupation+101

    then help us to publish them

    and please vest those blogs
    http://theprincess28.blogspot.com/
    http://nowingaza.blogspot.com/
    http://gazatoday.blogspot.com/
    http://affendina.blogspot.com/

    thank you very much

    ReplyDelete