Forged Leases for Lower money, Pre Paid Rents, Extended Leases At Lower Rents Ect.

To find "pre"-foreclosures (NOD and pre-NOD), your best bet is to purchase names from a list service.

~~~~~~~~~~~~~SFH - 4BR/1.5B - 1300sqftPurchased for $49900 (30 fixed - 20% down) [rentable condition as-is]Rent Comparable - $1150/month10% property management8% vacancy15% repair/maintenance$400 insurance$2300 taxes$5k rehabEstimated Cash Flow - $358/month pre-taxEstimated Cap Rate - 13%Estimated Cash-On-Cash Return - 17% (includes estimated down payment, closing costs, reserves, llc formation, rehab)Estimated Full ROI - $23% (tax write-offs, mortgage pay-down)There is probably some captured equity in there too.

Financed offers must have BAC pre-qual, BAC employees cannot purchase home, Deed restruction language for cash deals transactions The Grantee(s), or purchaser(s), of the Property may not re-sell, record an additional conveyance document, or otherwise transfer title to the Property within 60 days following the Grantor's execution of this Deed.So, am I understanding this correctly?

Do you have a real estate agent, have you been pre-qualified for a mortgage, etc.?

We already have a pre-existing relationship with this specific group of investors, but plan to start meeting with new investors in the near future, which is what prompted my question about what presentation points have been effective when talking with new potential investors.Thanks again.Kevin

Yes normally pre foreclosures but sometimes just a distressed house.

I am meeting with a mortgage broker on Thursday to begin the pre-approval process for a loan for the investment property but just though conversation and setting up my appointment I feel that the leander is actually trying to get me to purchase my own home first.Info about myself:9 months marriedliving in rental propertynot sure where i want to purchase the home I want to live inno kidsmy wife and I have full time jobsmy wife is not interested in living in a multi family homewe owe over 100k in student loans...lol

They need to sell.The reason I started this thread is that I have heard from a lot of “guru’s” promotions that investors can take over properties in pre-foreclosure SUB2 and sell them to make a profit.

We are not the charity, we use pre-existing charities (rugby teams, churches, outreach programs, to name a few) in our transactions.