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
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