Maybe someone has told you to stay away from short sales, or maybe you’ve heard they’re a great deal! No matter what you’ve heard, the bottom line is this: Before you jump on a house with a "too good to be true" price, you need to understand how the short sale process works.

If you're a real estate investor looking to make money by buying short sales, this is for you. Stay tuned as our guest Cecil Rose breaks down the exact steps of turning no-equity deals into cash! His streamlined approach has allowed him to close short-sale deals and help homeowners nationwide. Be sure to grab a pen and paper because today we’ll be duplicating his action steps!

Key Takeaways

  • How can one start the process of going after these types of deals?
  • Do you need to have a real estate license to engage in a short sale deal?
  • What are short-sale packages?
  • How to have a good conversation with homeowners to get into the next step of authorization and talk to lenders
  • How does a short sale benefit the homeowner?
  • How do you make money in a short sale?
  • Surround yourself with optimistic people

Resources

  • Think and Grow Rich by Napoleon Hill
  • Outwitting the Devil by Napoleon Hill
  • Simple Short Sale Course
  • Cecil’s Instagram
  • Cecil’s Twitter
  • Propstream Giveaway extended until October! Head over to http://smodata.com leave your name and email to enter
  • Send More Offers Program

Products Discussed In This Episode