2006-07-28 08:14:06 · 4 answers · asked by jalindaddy 1 in Business & Finance ➔ Renting & Real Estate
To have done it three years ago.
2006-07-28 08:17:33 · answer #1 · answered by NC 7 · 0⤊ 0⤋
The only way that this would be logical is if you stood a good chance of making money. Which given the current decline in the housing market, I'd say is pretty unlikely. So the best way to do it, is not to.
2006-07-28 08:18:12 · answer #2 · answered by mmenaquale 2 · 0⤊ 0⤋
Some people try the shot gun technic(make enough offers
somehody will eventually accept one) Check with local attorneys for divorce and estate situations. Offer mortgage notes
that you purchase at a discount as part of the purchase price
(example: you paid $15000 face value is $25000 offer at FULL
face value.
Make sure you know what your doing this NOT risk free!!!!!!!!
2006-07-28 08:29:07 · answer #3 · answered by ks 1 · 0⤊ 0⤋
You should have your real estate license and know how to use it, you should buy with cash, and you have to buy low. Fix it up, and list it yourself.
You watch too much tv, though.
2006-07-28 08:18:28 · answer #4 · answered by tonevault 3 · 0⤊ 0⤋