How To Turn A Foreclosed Home Into A Lifetime of Monthly Income
16 January 2010
- Image by respres via Flickr
How To Turn One Foreclosed Home into a Lifetime of Monthly Income
Previously, it was very challenging to invest in NJ foreclosures. This was for several reasons:
1. Difficulty finding foreclosed homes. (limited supply)
2. Pricing wasn’t very attractive. (they weren’t deals)
3. Banks wouldn’t negotiate very much.
4. Risky because you needed a quick sale after renovations to protect your profit.
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