If you have dealt with short sales in the past you have undoubtedly had some offers rejected along with some that have been profitable. You should know short sales are very much like the old adage “if you throw enough stuff against the wall something is bound to stick.”
Remember what a short sale is. “A short sale occurs when a property is sold and the lender agrees to accept a discounted payoff, meaning the lender will release the lien that is secured to the property upon receipt of less money than is actually owed.”
Real Estate can become a very money making deal if the investment is done prudently and cautiously. To make the most out of the real estate various methods and ideas have been practiced over the years. But nowadays there is an increasing trend towards using innovative ideas in the field to make better profit with minimal investments and legal issues. The use of non-traditional and creative ideas for real estate buying and selling is termed as real estate investment. We will further look into some of these creative ideas that can help you with your properties.
I. Options
I want to charge clients a fee for short sales. I have access to funding through investors?
http://www.reiclub.com/forums/index.php?board=29;action=display;threadid=13356
The company name is reifortunes.com and they are offering 2% on flipping properties. I would like to be in the middle and make a fee from seller to investor who also wants to flip.
Not sure what your question is.
If the question is how much to charge for facilitating short sales, are you prepared for all the time and effort it takes to do so? There are a couple of different models out there. A lot of them use a fee of $3,000-$5,000.
The use of unconventional methods for buying or selling property is known as creative real estate investing. Various types of creative real estate investing are being applied today. Some of which are as follows:
Bird-dogging:
A bird-dog works on commission. He gets the best deals for both buyers and sellers and earns a fee for his efforts. Since a bird-dog is not investing his own money, he does not run the risk of losing it. This is a great creative way making money in the real estate market with taking minimum risk.
Seller Financing:
What are the steps to buying Los Angeles real estate at auction on which the lender has foreclosed?
What does it take, step by step, to get involved in buying foreclosed real estate at auction in the Los Angeles? What’s better, REOs or auctions? How do you discover these properties without paid subscriptions to these cheesy websites? Does it cost to attend the auctions? Are these cash deals only or can they be financed? Any other key information, suggestions, suggested books/websites, pitfalls, etc. from people that have first-hand experience.