Comments on: Banks Shying Away From Investor Driven Short Sales? No Way!! [Video] http://www.realestateradiousa.com/2010/06/03/banks-real-estate-investor-short-sales/ Mon, 09 Jan 2012 18:23:19 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Foreclosures Dropping Home Values By 27% http://www.realestateradiousa.com/2010/06/03/banks-real-estate-investor-short-sales/comment-page-1/#comment-8811 Foreclosures Dropping Home Values By 27% Tue, 27 Jul 2010 22:37:34 +0000 http://www.realestateradiousa.com/?p=13025#comment-8811 [...] Banks Shying Away From Investor Driven Short Sales? No Way!! [Video] I read a comment today by a Realtor that really shows a true lack of knowledge about the business of buying and selling short sales. This Realtor supposedly has a booming business and has allegedly negotiated over 500 short sales. While that may be the case, it really makes me wonder. You …  [...] [...] Banks Shying Away From Investor Driven Short Sales? No Way!! [Video] I read a comment today by a Realtor that really shows a true lack of knowledge about the business of buying and selling short sales. This Realtor supposedly has a booming business and has allegedly negotiated over 500 short sales. While that may be the case, it really makes me wonder. You …  [...]

]]> By: Barry Cunningham http://www.realestateradiousa.com/2010/06/03/banks-real-estate-investor-short-sales/comment-page-1/#comment-8507 Barry Cunningham Fri, 04 Jun 2010 15:16:59 +0000 http://www.realestateradiousa.com/?p=13025#comment-8507 Hi Carmen..I just sent you an email about the course with access info. Yeah..we love these kinds of deals. I loves me some crackheads and roaches!! Your investor might have messed up as his exit strategy may have had a flaw. We know landlord buyers who love these deals. We won't even swing a hammer and we'll make a bunch of cash. We take it down, do the double closing (legal double closing) and sell it to a cash landlord buyer. He'll get easily $1,200 per month on the front house and $800-$900 for each of the rear units. So he'll have an unbelievably good cash cow with guaranteed rental income. Gotta love Section 8! If you learn this kind of stuff you'll make a killing and be way ahead of the competition in your market! Hi Carmen..I just sent you an email about the course with access info.

Yeah..we love these kinds of deals. I loves me some crackheads and roaches!!

Your investor might have messed up as his exit strategy may have had a flaw. We know landlord buyers who love these deals. We won’t even swing a hammer and we’ll make a bunch of cash. We take it down, do the double closing (legal double closing) and sell it to a cash landlord buyer.

He’ll get easily $1,200 per month on the front house and $800-$900 for each of the rear units. So he’ll have an unbelievably good cash cow with guaranteed rental income. Gotta love Section 8!

If you learn this kind of stuff you’ll make a killing and be way ahead of the competition in your market!

]]> By: Carmen http://www.realestateradiousa.com/2010/06/03/banks-real-estate-investor-short-sales/comment-page-1/#comment-8506 Carmen Fri, 04 Jun 2010 15:01:36 +0000 http://www.realestateradiousa.com/?p=13025#comment-8506 LOL! I was a listing agent on a property just like that, including the same red carpet, except mine had thousands of roaches! Of course, I didn't know what I was doing and didn't understand why I had over 12 bids on this, I priced it very aggressively. I asked myself, "why are so many people bidding on this crack house?" Now, I know why! Thanks for posting! BTW, I sold that to one of my investor buyers who fixed it up and tried to flip it, but it's overpriced and still sitting there (with another agent). It was a short sale, where the negotiation was done by a 3rd party, which I do not recommend as I look back. That deal was a tough lesson. What's the status on the short sale video course? Thanks again! LOL! I was a listing agent on a property just like that, including the same red carpet, except mine had thousands of roaches! Of course, I didn’t know what I was doing and didn’t understand why I had over 12 bids on this, I priced it very aggressively. I asked myself, “why are so many people bidding on this crack house?” Now, I know why! Thanks for posting! BTW, I sold that to one of my investor buyers who fixed it up and tried to flip it, but it’s overpriced and still sitting there (with another agent). It was a short sale, where the negotiation was done by a 3rd party, which I do not recommend as I look back. That deal was a tough lesson.

What’s the status on the short sale video course?

Thanks again!

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