New investor looking for guidance

[Lawrence Barnes]

Hello BP Family, I am looking to begin investing in pre-foreclosure and short sale investment deals in Tampa Bay, FL

I am seeking a mentor that can help me navigate the waters. I am a licensed realtor so this should give me some leverage in the game.

I am willing to j/v my first few deals with a mentor for their time invested in my learning.

Happy Investing!

Lawrence

[Jeff Morelock]

Hi Lawrence

Because the the Tampa Bay market is so hot right now, you'll see that the short sale and pre-foreclosure deals are few and far between. Banks know they can take the house back, do a little rehab, and make a profit - just like an investor lol. 

I suggest focusing on finding off-market deals. They're actually easier to do and the spread is bigger.