| The opportunities that exist in the foreclosure niche are | | | | buy properties they normally wouldn’t have |
| huge right now and they are continuing to grow at a | | | | been able to buy. They did this because of competition |
| rapid pace. This is spurred by the increase in | | | | needed to get their money out in the market place. |
| foreclosure rates across the country being led by | | | | The Foreclosure Niche is the Best Niche in the Real |
| California and Florida. Focusing on foreclosure | | | | Estate Investing Business because: |
| transactions allows you to work on Luxury Homes | | | | 1. The ability to control High Dollar and High Profit |
| without the traditional Risk you would normally assume | | | | Potential Homes with no Risk. |
| by qualifying and signing for a mortgage. | | | | 2. You don’t have to have Good Credit |
| In the Foreclosure Niche, you take control of a | | | | because you don’t have to qualify for |
| property by “getting the deed” and selling | | | | mortgages in your own name. |
| the home to an investor or owner occupant depending | | | | 3. You don’t need a lot of money to get started. |
| on the price range, neighborhood and condition of the | | | | This business has very low barriers of entry. |
| house. By Focusing on Luxury and Higher end Home, | | | | 4. You don’t need any experience because if |
| you can make more profit per house with the same | | | | you follow my system, it will show you how to create |
| amount of work. When you combine this with the | | | | the huge checks by following the step by step system. |
| ability to short sale Jumbo Mortgages, You’ve | | | | 5. You can purchase a foreclosure quickly because |
| got your golden ticket. | | | | you have a motivated, cooperative seller. |
| Lenders are extremely flexible on negotiating high | | | | There are not enough investors in the marketplace |
| dollar mortgages and jumbo loans because they | | | | right now to handle the volume of homes going into |
| definitely don’t want these houses back. Would | | | | foreclosure. We need more investors and I’m |
| you rather make 10% of a 150 thousand dollar home | | | | on a mission to create very successful investors that |
| or 10% of a 1.5 million dollar home? The Mortgage | | | | want to get extremely wealthy over the next two to |
| Marketplace has created such a large number of | | | | three years. |
| defaulted mortgages that it has created unlimited | | | | This situation won’t last forever. Just 3 years |
| opportunities to do these types of transactions. | | | | ago it was very difficult to find these types of deals. Its |
| This is because of the very aggressive sub prime | | | | so easy now, its pathetic! Take advantage of it while |
| products they put out in the market place and their | | | | its here. |
| loosened guidelines for allowing weak borrowers to | | | | |