The prospects that are present in the foreclosure niche are massive right now and they are continuing to increase at a fast pace. This is encouraged by the rise in foreclosure rates over the country being led by California and Colorado.  Concentrating on foreclosure dealings lets you work on Luxury Homes without the traditional Risk you would usually assume by qualifying and signing for a mortgage. 

In the Foreclosure Niche, you take charge of a property by “getting the deed” and selling the home to a financier or owner occupant dependent on the price range, neighborhood, and state of the house.  By Focusing on Luxury and Higher end Home, you can make more profit per house with the same amount of work. When you combine this with the ability to short sale Jumbo Mortgages, You’ve got your golden ticket.

Lenders are very flexible on dealing high dollar mortgages and huge loans since they certainly don’t want these houses back.  Would you make 10% of a 150 thousand dollar home or 10% of a 1.5 million dollars home instead? The Mortgage Marketplace has created such a large number of defaulted mortgages that it has created unlimited opportunities to do these types of transactions.

This is because of the very aggressive subprime products they put out in the marketplace and their loosened guidelines for allowing weak borrowers to buy properties they normally wouldn’t have been able to buy. They did this because of competition needed to get their money out in the marketplace.  The Foreclosure Niche is the Best Niche in the Real Estate Investing Business because: 

1. The ability to control High Dollar and High-Profit Potential Homes with no Risk.

2. You don’t have to have Good Credit because you don’t have to qualify for mortgages in your own name.

3. You don’t need a lot of money to get started. This business has very low barriers to entry.

4. You don’t need any experience because if you follow my system, it will show you how to create the huge checks by following the step by step system.

5. You can buy a foreclosure fast because you have an interested, cooperative seller.

There are not sufficient investors in the marketplace at this time to handle the volume of homes going into foreclosure. We require extra investors and I’m on a task to create very successful investors that want to get wealthy over the next couple of years.

This scenario won’t last forever. Just 3 years ago it was very hard to see these types of deals. It’s very easy now, it’s sad! Take advantage of it while it’s here.