Banks Were Giving Away Properties For Pennies On The Dollar!!
I Made Millions Of Dollars Buying These Bank Owned Homes At Huge Discounts. Many Of My Students Became Millionaires From Buying These Bank Owned Homes At Pennies on the Dollar
In 2008, Banks Were Forced To Sell Their Defaulted Mortgage Loans At A Huge Loss. The Result Was The Collapse Of Many Banks And the Financial Crisis Which Crashed The U.S Economy.
People Say That What Happened in 2008 Could Not Happen Again
BUT....
DID YOU KNOW THAT THE GOVERNMENT IS HIDING THE FACT THAT THERE ARE NOW 1 MILLION FHA LOANS THAT ARE IN DEFAULT?
The Wall Street Journal Recently Released a Story Uncovering how the Biden administration has been using tax payer money to pay the mortgages on defaulted FHA Loans and blocking these defaulted loans from going into foreclosure!
The Foreclosure Moratorium Has Created A Situation Where There Is Now A Backlog Of Millions of Homeowners Who Are In Foreclosure
Almost 14% of ALL FHA Mortgages are Currently Delinquent.
(That's 1 out of every 7 FHA Loans That Is in Default)
For The First Time Since 2008, The Banks Are Now Facing The Harsh Reality That Many Of The Mortgages That They Underwrote in the past Few Years Are Now Underwater And Negative Equity.
Any Homeowner Who Purchased A Home in 2022 or 2023 Has LOST ALL OF THEIR EQUITY. And To Add Insult To Injury, Property Taxes Have Increased Dramatically and Insurance Rates Have Skyrocketed!
Does This Sound Eerily Familiar to What Happened in 2008?
For The First Time Since 2008, Banks Are Now Beginning To File Foreclosure Notices (millions of them).
Banks Will Sell These Defaulted Mortgage Loans At A Huge Loss.
This Is Exactly What Happened in 2008
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 Back 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!!
Banks are being forced to step in to rapidly file foreclosure lawsuits against the homeowners to protect their money that they have loaned.
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.
There was so much money in the system that it created inflation that we have not seen in the U.S since the 1970's. The Federal Reserve was forced to increase interest rates 11 different times from almost zero percent to over 5 percent in order to contain inflation.
In doing so, they created a situation where it has become no longer affordable to buy a home for the average American. And that is why there are so few buyers, and why inventory is increasing so dramatically on the MLS. The reality is that more and more sellers are listing their home because they want to sell before prices drop further.
Millions Of People in the U.S. Are Struggling To Pay Their Bills,
The Largest Monthly Expense Is Their Mortgage Payment.
Millions Of Homeowners Will Soon Be Receiving A Foreclosure Notice In the Mail From Their Banks For Being Late On Their Mortgage Payments.
THE BANKS WILL FORECLOSE ON THESE HOMES
Some Of These Properties Will Be Sold At The Foreclosure Auction.
But The Vast Majority Of These Foreclosure Auction Properties Will Go Back To The Bank and Become Bank Owned Properties (REO's)
These Bank Owned Properties Will Be Listed For Sale on the MLS
AND THIS IS THE OPPORTUNITY THAT I WANT TO TELL YOU ABOUT. THIS IS THE OPPORTUNITY FOR YOU TO MAKE MONEY.
People That Have Their Money and Savings in Stocks Are Worried About The Stock Market Declining and Losing Their Money.
Even Warren Buffet's Berkshire Hathaway has been selling stocks and raising cash at a dizzying pace. He now has $334 Billion Sitting in Cash waiting for a downturn (which is his biggest cash pile ever).
What Does the Oracle of Omaha See That Other's Don't?
In Times Like This, Investors Need A Solid Investment That is Safe
And There is One Investment That Makes Perfect Sense.
AND THAT INVESTMENT IS RENTAL PROPERTIES
Specifically, SINGLE FAMILY HOMES
Rents Have Been Sky Rocketing! Inflation Has Increased The Price Of Everything Including Groceries. But What Has Most Notably Impacted Most Americans is the Increase In the Price of Their Rent.
And This is What Makes Investing In Single Family Rentals So Profitable
When The Dollar Is Depreciating Because of Inflation, Real Estate Benefits From That Inflation. As Rents Go Up, The Return Goes Higher
PRIVATE EQUITY FUNDS AND HEDGE FUNDS ARE SITTING WITH RECORD AMOUNTS OF CASH IN THEIR ACCOUNTS
They Are Getting Ready For Their Their Next Investment Move.
Do You Know What It Will Be?
They Will Be Buying Bank Owned Homes For Pennies On The Dollar
From The Banks That Are Liquidating Their Defaulted Mortgages.
And These Funds Are Already Getting Ready!
Blackrock Capital Just Established The Largest Distressed Real Estate Funds That Has Ever Been Created in History!
The World's Largest Asset Manager just created a $50 Billion Real Estate Fund That Will Focus on Buying Bank Owned Homes!
These Hedge Funds Know That An Opportunity Is Coming.
And That Is Where The Opportunity For You Comes In.....
INVESTORS WILL BE LOOKING FOR SINGLE FAMILY HOMES THAT THEY CAN BUY AT A DISCOUNT, REPAIR AND KEEP AS RENTAL PROPERTY (OR FIX AND FLIP FOR A PROFIT).
And These Investor's Don't Have The Time To Learn How To Buy Bank Owned Properties And How To 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 Need Deal Finders, Bird Dogs and Property Locators
TO HELP THEM FIND HOUSES TO BUY AT A DISCOUNT!
AND THAT IS WHERE YOU COME IN!
Did You Know That There Is Zero Training Available For Realtors and Investors on How To Buy Bank Owned Homes?
NOT A SINGLE REAL ESTATE SCHOOL TEACHES THIS.
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 7,000 Investors and Real Estate Agents Since 2008,
My Expertise is Buying & Flipping Bank Owned Properties
BUYING, FIXING AND 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 Find These Properties
Once You Know How To Find These Bank Owned Properties, and How To Bid on Them, Then You Can Flip (Wholesale) These Properties To Other Investors Like Me For A Huge Profit.
THIS IS ALSO THE PERFECT OPPORTUNITY FOR YOU TO FIND A CHEAP RENTAL PROPERTY FOR PENNIES ON THE DOLLAR!
You Could Use This Bank Owned Property Opportunity to Buy Your First Rental Property, Your First Fix and Flip, or your first 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 BANK OWNED PROPERTIES
And I Want To Show You How To Find And Flip These Bank Owned Properties To Other Investors (Like The Wealthy Investors & Funds)
You Don't Need To Have Any Real Estate Experience!
I Have Trained 7,000+ New Real Estate Investors
ALL YOU NEED TO SEARCH FOR BANK OWNED PROPERTIES IS A COMPUTER AND A CELL PHONE & AN INTERNET CONNECTION