Short Sales
Even You Won’t Be Able To Qualify for a Mortgage Any Time Soon
Monday, January 23rd, 2012 | Bank owned, Commercial Real Estate Investing, Foreclosures, Real Estate Investing, Short Sales, Wholesale properties | No Comments
The other night I was lying in bed reading an article that blew me away…
It’s called “Prime Mortgage Borrowers: Then vs. Now.”
It was comparing the prime borrower in 2007 to the prime borrower RIGHT NOW.
Check out how ridiculously easy it was to qualify for prime only a few years ago…
In 2007 Requirements for a “PRIME MORTGAGE LOAN” to buy a house were:
- Loan Values up to 125% of the property value
- Meaning you could borrow $200,000 on a house only worth $175,000
- Debt to Income ratios of up to 45% of incomee
- Minimum FICO Score of 620
- e1 Past W-2
- 2 months of fallback reserves
- Employment corroborated one month out prior to closing
Fast forward to the requirements to buy a house TODAY:
- Loan Values max out at 80% of house value
- *Which means buyers have to put down at least 20%*
- Debt to Income levels are lower at 33%
- Minimum FICO is 680 to 720
- 2 YEARS of W-2s must be provided
- 12 months of fallback reserves must be available
- Re-verification of employment within 10 days of closing is required
- A foreclosure, short sale or deed-in-lieu must be at least seven years old
So what does this mean for us investors exactly?
Well according to watchdog credit rating agency DBRS…
“Based on the minimum FICO score, maximum loan-to-value (LTV), and the requirement that a foreclosure, short sale or deed-in-lieu be at least seven years old, it is likely that most of the U.S. population will not be able to qualify for a mortgage any time soon,” DBRS says.
“Consequently, DBRS expects the housing recovery to continue to lag for many years to come unless there is a loosening of underwriting criteria by the major lenders,” the DBRS concluded.
This changes the game for investors, big time.
If you’ve been following the free material I’ve been sending you about how to profit from recent housing trends with INSTANT CASH INFUSION, you realize this information from DBRS mightily supports the investing strategy Instant Cash Infusion is built on, and will allow investors like you to thrive for the next 2-5 years…
But only if you know how to sidestep the new bottlenecks of banking. Without available credit, we must invest in strategies that do not require bank loans for ourselves or our buyers.
So I am hosting a webinar to show you EXACTLY how to thrive in today’s market – that will instantly put $500 – $20,000 in your pocket in as little as 16 days.
On the “No Banks Needed” Tell All presentation I’ll be revealing to you…
- 4 simple, fast, safe and easy ways for you to make money that don’t require any banks whatsoever
- How my students and I have been perfected these strategies since 2004
- Why since late 2011 and now into 2012, these investing techniques are even better poised for you and I to prosper from because of the current shifts in the financial markets
- How you can profit from every type of property, right now. Houses with equity, houses with no equity and no default (which are most common) and overleveraged houses in foreclosure (short sales)
- These leads are everywhere and require little to no marketing costs on your part to obtain. As I said earlier they are the most common lead type I get into my business. In fact, in the past, I used to throw these away. Not anymore
- You get paid within 60 days. Often in as little as 16 days. No waiting for 7 months to get a short sale approved and flipped or a house rehabbed and sold
- You pocket between $500 to $20,000 without needing a loan for any of it
- The critical set of forms you must use to execute all these techniques for faster payouts How buyers will fight over these properties you will control because they don’t have to qualify for bank loans. Not to mention the 80 – 100 million hungry buyers who cannot qualify for a bank loan. I’ll show you how to flip them over to the buyer for a very handsome fee
- One technique with three ways to make you money. You can make some cash now (between $500 to $20,000), cash flow each month (between $100 to $1,000) and then cash out down the road (between $7,000 and $40,000) without ever owning the home
Instant Cash Infusion is the quickest, easiest way to make money in real estate with no money, bad credit, and no loans for you or your buyers.
And isn’t that what you’re really looking for?
Listen, I care a lot about you and your future. This is stuff you need to know to be successful. If you let this kind of information go unnoticed, your real estate investing business will never get off the ground or you’ll waste hundreds of hours and thousands of dollars doing the wrong things.
Get on the webinar to learn how to fix your cash flow challenges now, with a quick $500-$20,000 in as little as 16 days.
Josh
P.S. Make sure you’ve read my free ICI Survival Guide. It contains tons of important information that you need to know in today’s real estate market.
Don’t avoid the 900% increase in foreclosure activity in 2012
Tuesday, December 20th, 2011 | Commercial Real Estate Investing, Foreclosures, Pre-foreclosure, Real Estate Investing, Short Sales | No Comments
2012 is going to be HUGE.
Up to 9 million homes may enter foreclosure in 2012 period,
versus one million in a typical year.
This will send shock-waves through the stock markets and world economy.
It may well be the “dark ages” for homeowners and lenders alike…and the wave of mortgage re-sets will continue in a relentless onslaught…with no mercy!
This can equate to 500 billion in lender losses…
Check out this chart from a huge Euro Bank that shows when
the resets are happening for all the exotic mortgages:
As you can clearly see, we are entering the last (HUGE) wave
of foreclosures right now. All of these resets will cause
foreclosures in 2012.
CLICK HERE to find out how to make money from this
situation
The ARM’s, Option ARM’s, Subprime and Alt-A will be the main
casualties – but will spread into the prime classes too!
The “Too Big to Fail” banks are under the gun for the shady
practice of “robo-signing,” which covers a wide range of
foreclosure paperwork abuses. This serious “mess” has
launched massive legal probes around the country, including
an investigation led by an angry hive of state attorney
generals which reportedly could end up costing banks upward
of $20 billion in settlements to ripped-off foreclosed
home-owners.
The big lenders will be in the “hurt locker” and desperately
seeking investors willing take distressed residential and commercial
properties off their books…as soon as possible!
As you know, 60% of all Option ARM and ALT-A mortgages that
were originated in the “Sand States” -California, Nevada,
Arizona, and Florida began to adjust in 2009. And I’ve got
news for you…
It’s not over yet by a long shot…
In 2012, it’s going to go through the roof, impacting the
entire nation with pre-foreclosure and foreclosure activity.
Many of the major lenders will hold vast amounts of toxic
foreclosures…and are on the edge of extinction. They are
doing a wild spin into C-, D- and finally E- credit ratings
– and that’s end-game.
This massive shift has created a huge opportunity for real
estate investors in 2012. Now is the time to tap into this
massive opportunity.
Go here to get the rest of the story.
Do not ignore this opportunity or you may regret it for the
rest of your life.
Happy Holidays,
Josh
PS: If you’re like me, you’re busy with last minute Christmas shopping. Take a quick break and go here to watch a video that explains the entire situation. It’s a must see.
Are You Converting Every Lead You Get?
Friday, December 16th, 2011 | Commercial Real Estate Investing, Foreclosures, Pre-foreclosure, Real Estate Investing, Real estate short sales, Short Sales, Wholesale properties | No Comments
Earlier this week I told you about this amazing eBook I put together about Sales Mastery for Real Estate Investors. Did you download your free copy yet? If not, you can still get it here.
There is more that I want to share with you (after all, it is the season of giving!).
Today, I want you to download and listen to this podcast where I go into a little more detail about sales mastery. As with the eBook, this podcast is completely free – just sign up for a free account when you get to the Top Real Estate Investor blog and you’ll be able to download it.
Now you don’t even have to sit down to read how to become a master at converting every lead into a sale. Learn how to do it while you’re driving in your car or working out at the gym… no excuses!
You’ll learn about…
- Overcoming objections – what to say, when to say it, how to ask questions and how to present yourself.
- I will remove all the intimidation from talking to realtors or sellers.
- Converting a prospect to an appointment and then converting an appointment to a contract.
Join me and real estate coach and sales expert Dan Doran as we walk you through the art of selling, the art of conversion.
Never fall down again… learn how to soar into the New Year with this free podcast.
Talk Soon,
Josh
SREC TV – “Pizza Delivery Marketing” from The ICI Summit
Thursday, December 8th, 2011 | Foreclosures, Real Estate Investing, Real estate short sales, Short Sales, Wholesale properties | No Comments
SREC Head Coach Derek Walkush discusses his “Pizza Delivery Marketing” strategy for getting seller leads at The Instant Cash Infusion Summit on the latest episode of SREC TV from Strategic Real Estate Coach.
An Incredible Opportunity
Tuesday, December 6th, 2011 | Commercial Real Estate Investing, Private Money, Real Estate Investing, Real estate short sales, Short Sales, Wholesale properties | No Comments
Yesterday, my friend Nate Kennedy launched his amazing new platform for real estate investors. This is something YOU CANNOT IGNORE.
If you want to grab your share of the insane opportunity waiting for you in today’s real estate market – this is it.
It doesn’t matter where you are now, the Money Matrix will help get you where you want to go.
No Money, No Credit, No Experience, No Buyers… No Problem.
This incredible new platform solves the most common problems investors today face.
If you’re just getting started, a seasoned investor struggling in today’s market, or want that extra EDGE to CRUSH it… the Money Matrix is your answer.
It analyzes your deals.
It gives you funding. (No cash down, no qualification needed)
It connects you with buyers.
You can even make money in real estate without buying or selling a house.
Watch this video for all the details on how the Money Matrix Can Change Your Life!
It’s coming down soon so don’t wait.
Best,
Josh
How to Build a “Buyers List” in Lightning Speed (brand new media)
Tuesday, November 29th, 2011 | Commercial Real Estate Investing, Foreclosures, Private Money, Real Estate Investing, Real estate short sales, Short Sales, Wholesale properties | No Comments
Have you ever heard this before, “The investors who control the buyers control the money”?
In today’s market, it’s 12x more important to have BUYERS than properties for sale.
So, how do you quickly gather qualified and interested buyers, before your competition, in this over crowded market?
The answer is very simple…
Jump ahead of all the noise and the competition.
Use a media they are not using.
Register for this brand new training where we will show you how to exploit this cutting edge strategy.
Register for the 2PM Webinar here :
https://www2.gotomeeting.com/register/346365146
Register for the 9PM Webinar here :
https://www2.gotomeeting.com/register/926572034
Remember when emailing was the new thing on the market, was more effective and the most inexpensive way to go?
Now only 3% of the emails sent actually get read and are often viewed by most people as spam.
There is a NEW media available that your competition doesn’t know about yet and right now you can use this new media to grow your “buyers list” in lightening speed by delivering the info they are looking for to a device they are always on… and absolutely addicted to.
This is not Facebook, PPC or SEO or any of that stuff.
Show up Wednesday at 2 PM (or 9 PM)for this special training webinar and we will show you how to take your business MOBILE.
Register for the 2PM Webinar here :
https://www2.gotomeeting.com/register/346365146
Register for the 9PM Webinar here :
https://www2.gotomeeting.com/register/92657203
Talk to you tomorrow,
Josh
P.S. Register now before we’re full.
Register for the 2PM Webinar here :
https://www2.gotomeeting.com/register/346365146
Register for the 9PM Webinar here :
https://www2.gotomeeting.com/register/926572034
[Brand New Webinar] Cashing in on the iPhone App Gold Rush
Monday, November 28th, 2011 | Bank owned, Commercial Real Estate Investing, Foreclosures, Pre-foreclosure, Private Money, Real Estate Investing, Real estate short sales, Short Sales, Wholesale properties | No Comments
We’ve all heard the saying, “There’s an App for that” by now.
In fact, I bet you can’t go a day or even an hour while awake and not hear something about an iPhone or Android or an App for this or an App for that.
It probably wouldn’t surprise you to hear that it is a $38 Billion industry, and predicted to be $54 Billion by 2014.
If you’re like me, you’ve had at least one good idea for an App but had no clue how to go about building it.
I figured it would take hiring a bunch of programmers to get it done…
What if I told you it was possible to have an iPhone App that can make you money, built and submitted to iTunes in less than an hour?
You probably wouldn’t believe it, Right?
Well, it’s true and when you join me this Wednesday November 30th, you’ll see for yourself how this can be done and how you can profit from it.
Register for the 2PM Webinar here :
https://www2.gotomeeting.com/register/346365146
Register for the 9PM Webinar here :
https://www2.gotomeeting.com/register/926572034
You’ll be amazed at the many ways you can make money with this.
There are 5.2 Billion smart phone users out there.
Apps are quickly replacing web sites!
iPhones, iPads and Androids are replacing computers!
Advances in technology have mobilized us and now we find ourselves living in a mobile world.
Many people all over the world are making a fortune with iPhone Apps because of it.
On this week’s training, my special guest and I are going to show you the many different ways in which you can cash in on this remarkable new opportunity too.
Register for the 2PM Webinar here :
https://www2.gotomeeting.com/register/346365146
Register for the 9PM Webinar here :
https://www2.gotomeeting.com/register/926572034
In just a few days you’ll learn how you can easily go out tomorrow and make $1,000 or more in a single day with Apps.
And if you’re a Real Estate investor of ANY TYPE, make sure you’re on this webinar to see how you can have your own real estate Investor App in iTunes and why it will give you a HUGE, unfair advantage in your local market.
In fact, no matter what type of business you’re in, you need to be on this webinar so you can learn how to take your business to a whole new level leveraging the power of iPhone Apps.
Come ready to learn on this webinar and I promise you that in addition to giving your current business a boost, you’ll also come away with no less than, 4 NEW Multiple Streams of Income.
The opportunities with this are endless.
To your success,
Josh
P.S. Did you know that there are 4x more Cell phone users than people who own a PC or Laptop?
And 80% of people in the U.S. have a mobile phone.
The entire Globe has gone Mobile…
Real estate has gone Mobile…
Buyers are looking for real estate on their Mobile devices 2, 3 and even 12x per day.
In today’s market it’s very easy to find Investors that have properties they need to sell! Once you control this new media, it will be very easy for you to build a massive buyers list.
Register for the 2PM Webinar here :
https://www2.gotomeeting.com/register/346365146
Register for the 9PM Webinar here :
https://www2.gotomeeting.com/register/926572034
How to Sell Your Houses and Build a Massive Buyers List in the Shortest Time Possible with Mobile Marketing and Mobile Apps
Sunday, November 27th, 2011 | Bank owned, Foreclosures, Pre-foreclosure, Private Money, Real Estate Investing, Real estate short sales, Short Sales, Wholesale properties | No Comments
There are many challenges that investors face when it comes to investing. It’s easy to find deals but it’s been hard to get them sold.
Here are just a few of the challenges:
- The market is over crowded
- Everyone is using the same tactics
- Marketing methods are less effective
- Email is often considered spam
- Google’s getting SLAP happy
On this week’s webinar, I will cover how to use mobile marketing to overcome these challenges.
Here’s what you’ll discover on this training:
- How to Create Multiple Streams of Income with Mobile Apps and Mobile Marketing (300% more than Internet and Websites)
- How to Get Smart and Jump Ahead of the Noise
- How to Create your own media
- How to Dramatically increase your response rates
- How to “PUSH” your Properties to your “buyers list” …
Register for this Wednesday’s (November 30th) training here:
Register for the 2PM Webinar here :
https://www2.gotomeeting.com/register/346365146
Register for the 9PM Webinar here :
https://www2.gotomeeting.com/register/926572034
Did you know that there are 4x more Cell phone users than people who own a PC or Laptop?
And 80% of people in the U.S. have a mobile phone.
The entire Globe has gone Mobile…
Real estate has gone Mobile…
Buyers are looking for real estate on their Mobile devices 2, 3 and even 12x per day.
In today’s market it’s very easy to find Investors that have properties they need to sell! Once you control this new media, it will be very easy for you to build a massive buyers list.
Talk to you on Wednesday’s training,
Josh
P.S. We only have limited spaces, so register now before we’re full.
Register for the 2PM Webinar here :
https://www2.gotomeeting.com/register/346365146
Register for the 9PM Webinar here :
https://www2.gotomeeting.com/register/926572034
SREC TV – “On the Ground” at The ICI Event
Wednesday, November 23rd, 2011 | Bank owned, Foreclosures, Real Estate Investing, Real estate short sales, Short Sales, Wholesale properties | No Comments
SREC TV follows Josh and Derek during the “On the Ground” Session of the Instant Cash Infusion Summit presented by Strategic Real Estate Coach, where they brought students out in to the field to actually see the deals they do and how they physically flip houses and process transactions daily.
REVERSE SHORT SALE REVEALED: Webinar Training Class w/ Josh and Cody
Sunday, October 30th, 2011 | Foreclosures, Pre-foreclosure, Real Estate Investing, Real estate short sales, Short Sales | No Comments
I talked to Cody, The Reverse Short Sale Expert and I told him after getting so much interest in his concept we had to do a webinar training class to reveal this in greater detail, answer questions and show investors just how dynamic this will be.
Join us this Tuesday, November 1st, 2011.
Register for the 2pm call here:
https://www2.gotomeeting.com/register/551111306
Register for the 9pm call here:
https://www2.gotomeeting.com/register/720536506
IMPORTANT NOTE: There will be absolutely NO replay of this exclusive webinar, it is showing on Tuesday only! There will be no recording or replay!
In this “RSS” Foreclosure Investing Training class and interview you are going to learn…
+ Exactly what a Reverse Short Sale (RSS) is and how it will benefit you financially.
+ How you can AVOID having to actually negotiate short sales with banks so you spend your time flipping properties and making money.
+How you can AVOID find or haggling with buyers or realtors and easily close the foreclosure deal and cash a check.
+ How you can AVOID using your own money so you can do multiple deals every month.
+ The exact steps that you can take immediately to close your first Reverse Short Sale deal next week, pocket $10,000 to $50,000 and be able to take the vacation of your dreams by Christmas!
+Why traditional short sales are still a huge part of my REI business and should still be a huge part of yours too.
+Why Reverse Short Sales are a perfect COMPLIMENT to your traditional short sale flipping business and allow you to capture twice the closings and cash.
+How to capture the profit spread on your short sales that go to auction while maintaining the same exact buyer you already had under contract so your closing ratio sky-rockets.
+ Why Reverse Short Sales deals have such large profits with so little headaches.
+ How you can partner with Cody on Reverse Short Sale deals and have him Fund Your Flips.
REGISTER NOW BELOW TO INSTANTLY WATCH THE Reverse Short Sale VIDEO AND GET THE CHANCE TO ASK YOUR QUESTIONS ON THE WEBINAR!
Register for the 2pm call here :
https://www2.gotomeeting.com/register/551111306
Register for the 9pm call here:
https://www2.gotomeeting.com/register/720536506
After you complete the short form below and click submit button you will be sent to watch a video introduction of the Reverse Short Sale AND get your chance to ask your questions to be answered on Tuesday’s webinar.
Josh
P.S. Register now, spots are always very limited because GTW only allows 1,000 spots.
Since so many of my members are very active short sale investors this is sure to overbook.
Just enter your first name and email in the
box below for free immediate access!
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