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princyp83 asked:
I am considering a career change and have 350,000 to invest in the home foreclosure market with the intention of fixing the homes and keeping as rentals or flipping them.
I am considering a career change and have 350,000 to invest in the home foreclosure market with the intention of fixing the homes and keeping as rentals or flipping them.
Tags: Career Change, Foreclosure Market, Free Foreclosures, Intention
December 7th, 2007 |
Tags: Career Change, Foreclosure Market, Free Foreclosures, Intention
December 7th, 2007 at 3:56 pm
I don’t know if it is the BEST site, but it definitely has a lot of features…See foreclosures.com.
Hope this helps…
Check out TaxSaleWealth
December 7th, 2007 at 8:49 pm
There are two types of foreclosures, government foreclosures and bank foreclosures. Govt foreclosures are due to failure to pay property taxes and bank foreclosures are due to failure to pay the mortgage.
There is one main site for both govt and bank foreclosures, you can find free listings here:
Before you invest though, please make sure you know how to do your due diligence and proper research. Look for the chain of title, liens, assessments, bankruptcy issues, etc. Because you trap yourself into
paying more than what you expected. For suggested reading, go on amazon or another bookstore and take a look at Complete Guide to Real Estate Tax Liens and Foreclosure Deeds: Learn in 7 Days by Don Sausa [isbn
0978834682]. It has some good checklists and examples on how to research.