Banks Were Giving Away Properties For Pennies On The Dollar!!
The Financial Crisis of 2008, Created A Situation Where Banks Were Forced To Make Some Very Tough Choices. One of Those Choices Was To Sell Their Defaulted Mortgage Loans At A Huge Loss,
OR RISK BEING SHUT DOWN BY THE FEDERAL GOVERNMENT.
You See, Banks Are Only Allowed To Lend Out A Certain Amount Of Their Deposits in Loans (For Mortgages). The Current Regulation is 90%. But Those Mortgages Need to Be Current and The Homeowners Need To Be Paying, And Cannot Be Late On Their Mortgage Payments!
The Foreclosure Moratorium That Ended Last Year Has Created A Situation Where There Is A Backlog Of Millions of Homeowners Who Are Not Paying Their Mortgage, Are in Forbearance, Or Who Are Late On Making Their Mortgage Payments And Not Paying On Time!
In Fact, 15% of ALL FHA Mortgages are Currently Not Paying!
(That's 1 out of every 6 FHA Mortgages)
If Too Many Borrowers Stop Paying, Then The Banks Have To Stop Originating New Loans (they have to stop lending money). This is what happened in 2008 and It's Going To Happen Again! We Have Simply Delayed The Process Because Of The Government Mandated Foreclosure Moratorium (which expired last year )
Banks Will Have To to Sell These Defaulted Mortgage Loans
When The Banks Sell Their Defaulted Mortgage Loans.....
THEY SELL THE PROPERTY AT THE FORECLOSURE AUCTION
If No One Bids, Or if The Bids Are Too Low, Then The Property Goes Bank to The Bank, And The Bank Gets The Deed To The Property.
AT THIS POINT, THE PROPERTY BECOMES KNOW AS A BANK OWNED PROPERTY, (ALSO KNOWN AS AN REO)
And What Does The Bank Do Then?
THEY LIST THE PROPERTY FOR SALE ON THE MLS!
Well, What Happened in 2008 Is About To Happen Again!!
Inflation is Still Out Of Control.....
The rapid increase in interest rates that we have recently seen (and the changes to the economy) is just the beginning of a much larger problem in this country. There was simply too much cash floating around.
The government only now realizes the damage that was created to the economy from printing so much money and from giving out all those government stimulus checks, and all of that PPP and EIDL Money.
A FEW MONTHS AGO, THE FEDERAL RESERVE WAS TELLING US THAT EVERYING IS FINE WITH THE ECONOMY. WE NOW KNOW THAT THIS IS NOT TRUE. THE FED IS URGENTLY TRYING TO CORRECT THE PROBLEM BY RAISING INTEREST RATES TO LOWER INFLATION.
BUT UNFORTUNATELY IT'S TOO LATE.....
Millions Of People in the U.S. Are Already Struggling To Pay Their Household Bills, And It's Going To Get Much Worse. It is Estimated that More than 50% of the U.S Population is Having a Hard Time Paying Their Monthly Bills Right Now. And the Largest Monthly Bill For Most Homeowners Is Their Mortgage Payment.
THERE WILL SOON BE MILLIONS OF FORECLOSURES. THE MORATORIUM HAS SIMPLY DELAYED THE INEVITABLE. IN FACT IT'S MADE IT WORSE BECAUSE WHEN THE MORATORIUM EXPIRED THE FORECLOSURE FILINGS SKYROCKETED!
There Are Now Millions Of Homeowners That Will Soon Be Receiving A Foreclosure Notice In the Mail From Their Banks For Being Late On Their Mortgage Payments. The Moratorium is Over! Banks Can Now Foreclose.
And when these home owners cannot pay......
THE BANKS WILL FORECLOSE ON THESE HOMES
Some Of These Properties Will Be Sold At The Foreclosure Auction.
But Because Most Banks Set Unrealistic Reserve Prices, The Vast Majority Of These Properties Will Go Back To The Bank and Become Bank Owned Properties That Will Be Listed For Sale on the MLS and on online Auction Sites.
AND THIS IS THE OPPORTUNITY THAT I WANT TO TELL YOU ABOUT. THIS IS THE OPPORTUNITY FOR YOU TO MAKE MONEY.
There Are Many Wealthy Investors Right Now That Have Plenty of Money. Wealthy Investors Have Over 2 Trillion Dollars of Cash Sitting in Checking, Savings and Money Market Accounts in U.S Banks. Hedge Funds and Private Equity Funds Have another 2 Trillion Dollars in Cash. Many Wealthy Investors That Own Assets and That Have Businesses Have Not Been Affected As Badly As Most People By The Inflation Crisis. Because they have more money, they are not complaining about gas prices, the increase in rent or the price of eggs (or losing their jobs)
Wealthy People That Have Lots of Cash. Recently Pulled A Record Amount of Cash Out of The Stock Market Because They Are Concerned About Valuations and the Stock Market Collapsing. A Lot of This Money Went Into Money Market Funds and Treasury Bills. With Interest Rates skyrocketing, Long Term Bonds Make No Sense For Investors Because the Yield That Bonds Pay Is Lower Than The Inflation Rate. Wealthy People With Lots of Cash Are Looking For A Place To Invest All Of Their Cash That Is Sitting In Their Checking Accounts.
WEALTHY PEOPLE HAVE NOWHERE TO INVEST RIGHT NOW. THAT IS WHY THERE IS SO MUCH CASH BEING STOCKPILED IN MONEY MARKETS AND TREASURY BILLS
But There is One Investment That Makes Perfect Sense For Them.
AND THAT INVESTMENT IS REAL ESTATE
Specifically, SINGLE FAMILY RENTAL PROPERTIES
Rents Have Been Sky Rocketing! Inflation Has Increased The Price Of Everything But Most Notably (And Costly) The Price of Rent.
And This is What Makes Investing In Single Family Rentals So Lucrative
When The Dollar Is Depreciating Because of Inflation, Real Estate Benefits From That Inflation As Rents Go Up, The Return Goes Higher
WEALTHY INVESTORS ARE SITTING WITH A LOT OF CASH IN THEIR CHECKING, SAVINGS AND MONEY MARKET ACCOUNTS
They Are Trying To Figure Out Their Next Investment Move.
And I am Going To Tell You Exactly What It Will Be! It's Single Family Rental Properties. In Fact Many of The Largest Investors in the World Are Establishing The Largest Distressed Real Estate Funds in History!
Blackrock, the World's Largest Asset Manager just created a $50 Billion Real Estate Fund That Will Focus On Buying These Properties.
These Hedge Funds Are Soon Going To Be Buying ALL Of The Bank Owned Properties, Foreclosures And Short Sales That Will Be Getting Liquidated By The Banks. So at this point you may be wondering.... Does That Mean Prices Will Be Coming Down Dramatically?
THE SIMPLE ANSWER IS YES!!!!
And That Is Where The Opportunity For You Comes In.....
THESE INVESTORS WILL BE LOOKING FOR SINGLE FAMILY HOMES THAT THEY CAN BUY AT A DISCOUNT, REPAIR AND KEEP AS RENTAL PROPERTY (OR FLIP FOR A PROFIT).
And They Don't Know How To Bid on Online Auction Sites. They Need People Like YOU To Help Them Find These Discounted Properties For Them (By Bidding And Getting Them Under Contract)
They Will Need Deal Finders, Bird Dogs and Property Locators
TO HELP THEM FIND HOUSES TO BUY!
AND THAT IS WHERE YOU COME IN!
DID YOU KNOW THAT THERE IS NO TRAINING AVAILABLE FOR ANYONE THAT WANTS TO LEARN HOW TO FIND AND BUY BANK OWNED PROPERTIES AT A DISCOUNT? THERE IS ZERO TRAINING OUT THERE. NOT A SINGLE REAL ESTATE SCHOOL TEACHES THIS.
BUT I AM GOING TO HELP YOU TAKE ADVANTAGE OF THIS OPPORTUNITY BY TEACHING YOU HOW TO DO IT!
Realtors Cannot Help You Because They Do Not Get Any Training in Investing in Foreclosures, Short Sales and Bank Owned Properties.
When Real Estate Agents Want To Learn How To Invest in Bank Owned Properties They Attend My Real Estate Training Programs!
I Have Trained Over 6,000 Investors and Real Estate Agents Since 2008, (when We First Started Our Real Estate Training Program during the last foreclosure crisis).
My Specialty is Buying & Flipping Bank Owned Properties, Foreclosures & Short Sales
FLIPPING (WHOLESALING) BANK OWNED PROPERTIES WILL BE THE BIGGEST OPPORTUNITY FOR NEW REAL ESTATE INVESTORS TO MAKE MONEY IN THE NEXT 2 YEARS!
But You Have To Know How To Do It! Which Sites To Bid On, How To Pay For The Properties And How To Flip Them To Other Investors
OR MAYBE YOU WANT A CHEAP RENTAL PROPERTY THAT YOU CAN BUY AND HOLD FOR YOURSELF? (OR AN AIRBNB)
I Wrote A Book About Flipping Bank Owned Properties Called "Wholesaling Bank Owned Properties".
It Is One Of The Best Selling Real Estate Books on Amazon.
I WANT TO TEACH YOU HOW I FIND FORECLOSURES, SHORT SALES AND BANK OWNED PROPERTIES EVERY SINGLE DAY....
I Want To Show You How To Find Bank Owned Properties For Other Investors Like These Wealthy Investors & Funds.....
You Don't Need To Have Any Real Estate Experience!
I Have Trained Thousands Of New Real Estate Investors
ALL YOU NEED TO SEARCH FOR BANK OWNED PROPERTIES IS A COMPUTER AND A CELL PHONE & AN INTERNET CONNECTION