Want a quick-start insider’s guide to buying [tag-tec]pre-foreclosures[/tag-tec], and foreclosures?
That’s free, I might add…
Here’s a gem article based on veteran Georgia investor Bobby Gaines’ class given recently at the University of West Georgia Newman Center.
He gives 10 tips for investing in foreclosures as well as quite a bit of fast, efficient info on pre-foreclosures.
My two most fav quotes from Gaines…
“We’re in the midst of the great storm. This is the time to buy real estate.”
“One deal in foreclosure can set you up for years of deals in the future.”
And then there’s the one excellent piece of advice to keep you out of a potential minefield of financial and legal trouble.
Never loan a [tag-self]distressed owner [/tag-self]money so they can keep and stay in their home. That’s a trap. That can get you entangled in a mess with the Fair Business Practice Act.