New Western Acquisitions is located in many major metro areas across the nation, and we are expanding faster than ever to give you more wholesale investment
properties at deep discounts.
They've been selling
properties at deep discounts to already written - down book values, but at prices high enough to more than justify today's depressed share price.
You will still acquire
the property at a deep discount, just not as deep as if you would have acquired the property directly.
Have you noticed that purchasing
properties at a deep discount isn't nearly as easy as it was even six months ago?
«Over the last couple of years, REITs have set a benchmark that is no longer sustainable because they can no longer buy
properties at a deep discount.
Not exact matches
«Investors in search of flipping returns are increasingly willing to move to secondary and tertiary housing markets and neighborhoods with older, smaller
properties that are available
at a
deeper discount.
«Whether or not the listing is offered
at a
deep discount, many people assume it is, and it's likely to draw a lot of interest from buyers,» says REO specialist Vince Kalachian, an associate with Coldwell Banker in Glendale, Calif. «We generate more calls and offers when we advertise foreclosed
properties because of this perception.»
Step 1: Purchase the
property at a
deep enough
discount so that total cost, including rehab and transactional costs, is below 75 % of After Repair Value (ARV).
Robyn is the nation's leading expert on buying
properties from motivated sellers
at deep discounts, renovating them
at lightning speed and selling them quickly for huge chunks of cash.
These sellers are usually in a panic to sell their home and are willing to sell it
at a
deep discount to a Canadian Real Estate investor, who then proceeds to assign the
property by putting the
property under contract, and then selling the contract.
Wholetailing involves you still buying
at a
deep discount but instead of selling to another investor, you rehab the
property «just enough» so that it can be sold on the MLS for retail profits.
These
properties can be purchased
at a
deep discount too.