Making Money in Foreclosures: How to Invest Profitably in Distressed Real Estate - Softcover

McLean, Andrew

Softcover

ISBN 10: 007147918X ISBN 13: 9780071479189

Publisher: McGraw-Hill, 2006

Synopsis

The bestselling coauthor of Investing in Real Estate reveals the secrets behind one of the hottest investment strategies available-foreclosed real estate

REO (or bank-owned) foreclosures offer incredible profits-but you might be fearful of buying bad properties, or getting into bidding wars with other prospective buyers. This insider's guide to buying and selling foreclosed property shows how to reduce the risk, find top properties, and rake in the profits. It's an all-in-one handbook packed with professional secrets, such as where to find the best deals, when to make the smartest offer, and how to resell at the maximum price. Even in a fluctuating market, it's one investment that really pays off.

About this title

About the Author

McGraw-Hill authors represent the leading experts in their fields and are dedicated to improving the lives, careers, and interests of readers worldwide

From the Back Cover

Bestselling real estate author Andrew McLean reveals the inside secrets of foreclosure investing

Foreclosures are among the hottest investments in real estate, especially post-auction REO properties that have already reverted to the lender. But you have to know the ins and outs of foreclosures if you want to get great value for your money. In Making Money in Foreclosures, Andrew McLean shows you how to find great properties, buy them at the right price, and sell them at a tremendous profit.

Starting with the basics, McLean walks you through the foreclosure process, revealing where, when, and how you can get the best deals. Exposing a wealth of professional secrets, he helps you reduce your risk exposure, manage properties, and maximize your investment. You'll also discover

• Which kinds of properties make the best investments
• Appraisal tips to make sure you get your money's worth
• Eleven proven after-purchase investment strategies
• Four distinct techniques for holding properties
• The latest tax data and liability information on foreclosures
• Renovations that add value to your properties
• How to pyramid your investments for greater profit

Foreclosure properties make great first-time investments. If you want to start building a prosperous future through real estate, start with Making Money in Foreclosures.

Edition details

• Publisher: McGraw-Hill
• Publication date: 2006
• Language: English
• ISBN 10: 007147918X
• ISBN 13: 9780071479189
• Binding: Paperback
• Edition number: 2
• Number of pages: 256