Did you know that a seller postcard is proven to get a 100% open rate?
I’ll explain how in a minute, but first I’d like to talk about the 3 levels of opportunity in the bank foreclosure arena, specifically pre-bank foreclosures, which is also known as pre-foreclosures, where the bank foreclosure is looming…
What does that mean?
Well, it means that an owner is significantly behind on their mortgage payments — they’re a defaulted borrower but still own the property. The bank does not have possession of the property. This pre-foreclosure stage happens before a sale.
If you wholesale real estate, do NOT overlook the importance of a good cash buyer ad.
I talk a lot about cash buyers being a key ingredient to the winning cocktail for any real estate investor.
Even if you’re not focusing on wholesaling exclusively, you’re going to wholesale deals from time to time… and having access to and having your finger on the pulse of cash buyers is an important monetization strategy.
Cash Buyer Resources
One of my top resources for that includes the Cash Buyer Data Feed and Investor Buyer Data Feed that I
Cam here with a brand new Funding Client Interview!
I recently sat down with George Carr, one of our No Fee Funding clients, to learn how he used the Condition Multiplier Method on a distressed property find to make a ‘life-changing’ profit of over $36k in Monroe, NC!
This is George’s first deal using our NO FEE transactional funding and we couldn’t be more proud of him!