Here’s the thing. These large banks are the ones that have these large deposits. Bulk REO Problems arise when parcels are divided. They must have a certain amount in reserve to offset the nonexistence of cash.-Perform assets
The larger the bulk REO The more money they have, the less they can lend.
Susan Lassiter-Lyons – Bulk REO Secrets [Real Estate]
You can buy real estate, in Bulk Massive Discounts from Desperate Lenders
It’s up to you if you want to keep it for yourself, rehab it and make some serious cash flow. Find a bigger investor to flip the entire thing and walk away with your check.
$25,000, $50,000 and Above Continue reading.
Here’That’s it. These banks have large sums of money. Bulk REO Problems arise when parcels are divided. To offset their non-availability, they must keep some cash in reserve.-Perform assets
The larger the bulk REO The more money they have, the less they can lend.
The LESS they make, the better.. You have a great opportunity to cash in… If you know how to approach them.
Are you beginning to see the big picture? Many individual investors and groups of investors are interested in bank deposits.-Owned assets… But where are these banks located?
Some people will direct you to the larger banks like Chase or Wells Fargo.
And that’s a BIG mistake.
Because banks have 6 requirements.-Deposits in figure are only for SEEING REO Lists can also be used to create an “asset disposition” Process in place
It is simply a way to say that they have partnered nationally with real estate brokerages such Keller-Williams will list and sell their properties REO.
We want UNLISTED deals.
Where are they hiding?
At portfolio lenders.
These are the small regional and local banks that hold their loans in-house instead of selling them on to secondary markets.
There are thousands of small banks across America – many in every state.
So… how do YOU make money as a wholesaler or rehabber? It’It’s really quite easy.
There are two options. You can buy bulk REO portfolios and keep them for yourself as a long term investment…
OR
These can be resold to investors or larger investment groups.
It is up to you to decide which option is best for you in order to make the type of money you desire. It’It’s so simple.
Let’s get it!’Let’s take this one step further.
I’m going to show you how to get direct access to the deal-makers. You’re not going to waste a minute in any kind of “daisy chain” or dealing directly with people who don’t know what to do.
I don’t waste my own time, and I’ll show you exactly how to cut to the chase so you don’t either.
We’ll stay far away from the “brokers & jokers” Concentrate on completing the deal.
Learning is the first step. “new language”…
Don’t worry, it’s actually simple and very easy to understand, but knowing it will make you sound like a player… exactly the kind of person that the banks want to deal with.
First word of the new year: NDA
A non-disclosure agreement (NDA) is a document that protects your privacy.-Disclosure agreement. Before you can see their inventory, every seller of bulk assets will require a disclosure agreement.
Keep in mind that you’Deal with inventory not listed that you do not wish to be listed’You would rather keep this information private.
Next is: LOI
A letter of intention is one that indicates intent to send a document. You submit your initial offer to the seller.
The LOI is Non-BindingSo, submit lots of them! It’s a lot!
Last: POF
The Proof of Funds letter is one you send to the seller informing them that you have transactional or cash funding backing you.
I’ll show you in a minute how you can get a Free $1 Million Dollar Proof of Funds Letter from My Lender…
Or… If you are a buyer and want to introduce the seller,…
You negotiate a Master Fee Agreement (or MFA) with the buyer. As a certificate of intent to purchase, you have the buyer sign it.
You then present it to the seller; that’s how you get paid. It stipulates your fee and lets the seller know you’re to be paid out of the deal proceeds.
Before you announce the deal, ensure that you always get your MFA signed and notarized by your buyer.
This is your protection. After the fee has been agreed upon, you can introduce the buyer or seller to each other and allow them to negotiate directly. You get the check.
The final piece of your new vocabulary is “the tape,” and it’s really just an Excel spreadsheet that has a list of all the non-Perform assets your lender holds in reserve. It’It’s as easy as that.
It’s a simple process, right?
I’m Be confident Armed with my proven strategies, you can – Anyone (You) could quickly set up and grow their ownIt was a success Real Estate Career By investing in Bulk REO!
Here’s the thing, the first time I did a bulk REO deal… I sold the package to a group of investors and made $32,000.
The government doesn’t’Don’t believe this result is possible “typical.”
In factI can’It even shows you A copy of the wire transfer confirmation.
The government doesn’t think anyone ever takes any action so they don’t think anyone will see results.
This comprehensive online program will teach you everything you need to know as an investor about how to implement this strategy in your business.
It’The 7 full modules include every technique, script, form, and other information you will need to get started.
Here’s just a quick overview of what you’re about to get:
In this Module, I’ll outline exactly what the Bulk REO What is market all about? We’ll give you all details to help you get started.
This is where most people are at their best. “wannabe” Bulk REO Investors really miss the mark. Here’s the tip… Do not’Banks that do not offer this service are a waste of time.’Do not want to deal.
There are many lenders who would love to help you get your non-profit.-You can perform assets that are not on the books. I’ll show you how to grab the low hanging fruit and walk away with a basket full of properties, ripe for the picking.
This Module, I’I’ll show you how to do it.-By-Step-by-step process I use to flip these properties. You can select the ones you want to keep in your portfolio, and which ones to sell, or if you want… flip them all for a huge payday.
I’We’ll show you exactly where to go to find investors who might be interested in your project. They are literally waiting for you to offer them property deals they can cash in on.
This module is essential to your success. Financing.
But, not to worry… this happens to be my personal specialty. I’ll show you
7 ways to get funding…
Your credit score is not an important factor. I’We’ll show you how to get millions of dollars to close packages – No upfront fees, credit checks or appraisals.…
Include my proprietary “Seller Financing From the Bank” model!
(What?! Yes, seller financing. From the BANK That the property was foreclosed!
Quickly calculate your REO Discount rate Any market in the US You can virtually assess properties and determine what you should do to make the most of your investment.
To play this game correctly, you’re going to need forms. This module has everything you need. I’I’m going to give my personal NDA (non-disclosure) to you.-Disclosure), plus my LOI (to ensure that you get paid) and a copy if my Master Fee Agreement.
PLUS: This is the biggest proof of funds. This is what the banks want to see; I’ll show you how to get a $1 Million Dollar proof of funds letter… Free.
At This Point, You Might Be Wondering… Is This Something That Will Really Work??
To be honest, You’You are the only person who can answer this question. You see, if I tell you to do nothing and you ignore this opportunity, you can be sure that you will not make anything.
It’s not a magic trick.
Some people simply aren’t willing to pick up the telephone and call banks to speak with asset managers.
Some aren’t willing to follow instructions.
Or, aren’t willing to give up a few hours a week to create a new business, or add a lucrative new profit center to an existing one. That’s up to you.
You can either take me up on this offer or you can go at it by Trial And ErrorYou Did It Like I Did.
But, if you want to take the shortcut to avoid all the rookie mistakes that I’ve made… and learn directly from someone who has the million dollar portfolio to back it up… then, now’s the time.
Sale Page: http://buyingbulkreo.com/presentation/
Here’s what you’ll get in Susan Lassiter-Lyons – Bulk REO Secrets [Real Estate]
Course Features
- Lectures 1
- Quizzes 0
- Duration Lifetime access
- Skill level All levels
- Language English
- Students 0
- Assessments Yes