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Jumby
ParticipantSocratt, what you are saying is common sense…this isn’t 2005 though, it’s 2010, when you are buying homes (through non performing notes) for HALF OF REPLACEMENT COSTS you are getting a great deal. These are the kind of deals that are out there right now for diligent investors. Times like these is when big money is made….
You can sit back and philosophize all you want or you can get in the game and see if there is anything worth your time and money….
Jumby
ParticipantSocratt, what you are saying is common sense…this isn’t 2005 though, it’s 2010, when you are buying homes (through non performing notes) for HALF OF REPLACEMENT COSTS you are getting a great deal. These are the kind of deals that are out there right now for diligent investors. Times like these is when big money is made….
You can sit back and philosophize all you want or you can get in the game and see if there is anything worth your time and money….
Jumby
ParticipantSocratt, what you are saying is common sense…this isn’t 2005 though, it’s 2010, when you are buying homes (through non performing notes) for HALF OF REPLACEMENT COSTS you are getting a great deal. These are the kind of deals that are out there right now for diligent investors. Times like these is when big money is made….
You can sit back and philosophize all you want or you can get in the game and see if there is anything worth your time and money….
Jumby
ParticipantWhat are you talking about? What do interest rates have to do with this? Could they raise and further press down values? Sure….but you are missing the point…investing in non performing notes allows you to buy non performing loans from the bank, you then own the real estate for a fraction of what was owed on it…and with nothing but foreclosures in the pipe, it is a very wise time to be on top of this…like I said earlier, I brokered a $1.5 million NPN, the investor is going to see a huge return on his money, the key is finding the banks that have NPNs (ALOT) and making sure you aren’t overpaying…
Jumby
ParticipantWhat are you talking about? What do interest rates have to do with this? Could they raise and further press down values? Sure….but you are missing the point…investing in non performing notes allows you to buy non performing loans from the bank, you then own the real estate for a fraction of what was owed on it…and with nothing but foreclosures in the pipe, it is a very wise time to be on top of this…like I said earlier, I brokered a $1.5 million NPN, the investor is going to see a huge return on his money, the key is finding the banks that have NPNs (ALOT) and making sure you aren’t overpaying…
Jumby
ParticipantWhat are you talking about? What do interest rates have to do with this? Could they raise and further press down values? Sure….but you are missing the point…investing in non performing notes allows you to buy non performing loans from the bank, you then own the real estate for a fraction of what was owed on it…and with nothing but foreclosures in the pipe, it is a very wise time to be on top of this…like I said earlier, I brokered a $1.5 million NPN, the investor is going to see a huge return on his money, the key is finding the banks that have NPNs (ALOT) and making sure you aren’t overpaying…
Jumby
ParticipantWhat are you talking about? What do interest rates have to do with this? Could they raise and further press down values? Sure….but you are missing the point…investing in non performing notes allows you to buy non performing loans from the bank, you then own the real estate for a fraction of what was owed on it…and with nothing but foreclosures in the pipe, it is a very wise time to be on top of this…like I said earlier, I brokered a $1.5 million NPN, the investor is going to see a huge return on his money, the key is finding the banks that have NPNs (ALOT) and making sure you aren’t overpaying…
Jumby
ParticipantWhat are you talking about? What do interest rates have to do with this? Could they raise and further press down values? Sure….but you are missing the point…investing in non performing notes allows you to buy non performing loans from the bank, you then own the real estate for a fraction of what was owed on it…and with nothing but foreclosures in the pipe, it is a very wise time to be on top of this…like I said earlier, I brokered a $1.5 million NPN, the investor is going to see a huge return on his money, the key is finding the banks that have NPNs (ALOT) and making sure you aren’t overpaying…
Jumby
Participantagreed
Jumby
Participantagreed
Jumby
Participantagreed
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Participantagreed
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Participantagreed
Jumby
ParticipantMy company just brokered a $1.5 million dollar NPN. New home builder went under in Mississippi, 35 homes. 85% of them completely done, with appraised value at $95k a piece being conservative. They also were GO Zone qualified. The investor made out….and so did I for brokering the deal.
I learned the biz thanks to this guy Dean who I personally vouch for…
P.S. Don’t be turned off by his direct response marketing, his program is legit and right now is a perfect time to be on top of this.
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