Aren’t You Sick of “Internet Guru’s” Telling Us Investors Why WE FAIL?

Posted by Patrick Precourt in Business, Investment, Preforeclosure, Real EstateSep 24th, 2009 | 4 responses
I don’t know about you, but I am going to get sick to my stomach if I hear another “Internet Guru” tell me why investors fail! Listen in as I give my opinion to this and you won’t believe what it is! I also cover some great questions from you Coffee Breakers. Listen in as I go over whether or not you should walk away from a short sale deal if your short sale gets accepted but you can’t find an end buyer, the best way to get around FHA’s 90 day seasoning requirements, and much more. Visit www.FridayCoffeeBreak.com and www.ShortSaleDailyNews.com for more real estate specific videos...
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FHA and VA : Do I Need An Offer To Get A Short Sale Approved?

Posted by Patrick Precourt in Business, Investment, Preforeclosure, Real EstateSep 18th, 2009 | one response
FHA has revamped the way they discount and has caused some confusion in the industry! Listen in as I go over how they have a sliding discount scale and what those discounts are. This video also covers how I did on my first Mixed Martial Arts Fight, where to get an option contract that allows everyone to market a home , negotiate with the lender then sell to an end buyer for a profit (if there is any), the truth about the benefits of a back to back closing versus a Monday to Monday close and much more.  Visit www.FridayCoffeeBreak.com and www.ShortSaleDailyNews.com for more real estate specific...
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Transactional Funding is a Glorified Simultaneous Closing!

Posted by Patrick Precourt in Business, Investment, Preforeclosure, Real EstateSep 10th, 2009 | 4 responses
Many people hear that transactional funding is the answer to our flipping challenges! However listen in as I tell you what type of funding you will need to close your transactions now and in the near future.  I also cover what a newbie should focus on when getting deals, whether a seller SHOULD or SHOULD NOT sign a promissory note from a foreclosing lender, how to get paid and who to get paid by when you can’t make a big wholesale spread and much more.  Visit www.FridayCoffeeBreak.com and www.ShortSaleDailyNews.com for more real estate specific videos.
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Should a Homeowner Sign a Promissory Note or Let Their Property Go to Foreclosure?

Posted by Patrick Precourt in Business, Investment, Preforeclosure, Real EstateSep 3rd, 2009 | 4 responses
Letting a property go into foreclosure versus having a client sign a promissory note has always been a hot topic. Listen in as I go over why you have to be careful listening to the advice of some real estate so-called professionals who have it all wrong! This videos also covers the new FHA discount guidelines, what line item to put seller concessions on your HUD1 Settlement Statement, why some portfolio lenders are sitting on REO’s and much more.  www.FridayCoffeeBreak.com.  Visit www.FridayCoffeeBreak.com and www.ShortSaleDailyNews.com for more real estate specific videos and articles.
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