No more hunting for houses - they just show up in your in-box in your email. Every package is put out nationwide to this investor list at the same time so you have as great a chance as all other investors. Every one of these packages is direct from the source at ROCK BOTTOM prices.
Is there any downside? Well, sure there is. No risk, no gain. Sometimes, one or even 2 or 3 of the REO houses may not be a marketable property. It could have burned down or may have a sewer lien against it. Some of them are just dogs. I just find a charity and donate them.
The way the numbers work is simple: in a package of 10 houses, 2 or 3 may be dogs. The thing is, I pay so little for each one of them that I have a LOT of room for error. Sell 2 for $19,000 and have 8 left over? I can afford to lose out on a couple of them.
The one thing you need to take advantage of this program is liquid money. Either you or a friend/business partner should be able to come up with $30,000 to $50,000 at the drop of a hat. These kinds of deals DO NOT last long. When they are emailed out to the network, a decision to purchase must be made almost immediately, otherwise, another investor will have already bought them.
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