We all make a resolution of sorts at the end of one year and the beginning of the next. Perhaps you just said, "Next Year will be Better!" or maybe you said, "I will make Great Things Happen!" We encouraged you to set your sites on improving you family's financial situation, because from there everything else follows. You can be creating monthly income or you can be buying and flipping to get lump sums as you go. The challenge is to get outside your comfort zone and get out there and do something. Don't just read books about success. You have to apply yourself in an area where there is money to be made. Foreclosures are the perfect vehicle for you. Look at what other people just did today!
A 4BR/3BA Home with a Swimming Pool on High Ridge Drive in Santa Clarita sold for just $435,500.00. The estimated value of the property is $548,283.00. This deal is easily a flip on a very nice home for a family. This could also be a rental, but as there is only one living space, most of our clients would buy this for a flip.
A 4BR/2BA Home on Orange Drive in Yorba Linda sold for $510,000.00. The estimated value is $666,330.00. This is an excellent example of a house that you can turn over quickly and easily. The new owner may already be taking offers.
In both examples above the lender is the loser and the new owner is the winner. It is exactly this way that you can take advantage of the lender's losses and make yourself a cash haul that you can use to buy income property later. So just make a plan and start making deals to get you to you first goal. You can only get there if you start!