Learn how to successfully flip homes! This course will help you understand the sources of finding properties, how to take advantage of tax/sheriff sales, how to flip homes, and where to obtain financing.

MODULE 1: FINDING BANK FORECLOSURES

  • Understanding foreclosure sales
    • Where to find foreclosure sales
    • Learn hands-on how to scan legal notices and locate the right properties
    • Understand the mechanics of title search, when to bid and when not to bid
    • Learn to evaluate a foreclosed property before bidding
    • Hands-On videos that takes you through the process
  • Learn to buy directly from the owner
    • How to approach an owner who is already in the process of foreclosure
    • Buying distressed properties directly from owners and landlords
    • Learn to buy leads that will connect you with motivated property owners that may or may not be in foreclosure but want to sell
  • Finding properties through Real Estate Agents
    • Understand the process
    • Buying REO’s
  • Learn to buy at auctions
    • Evaluate properties before you buy
    • How to participate in different auctions
  • Learn to conduct a Market Analysis on properties before attempting to buy
  • Buying property owned by the government
    • Learn to buy HUD homes
    • IRS, SBA, Department of Treasury, FNMA, etc.
  • Understand title issues and how title insurance works with these types of properties
    • Policy without exceptions

MODULE 2: BUYING PROPERTIES IN TAX SALES

  • How Tax Foreclosure works
    • What is a tax foreclosure and why does it happen
    • What is the process involved when the government forecloses
    • What can go wrong with the foreclosure process
    • How to select the right properties to bid on, evaluation process
    • Are you allowed to bid, check new law that requires the bidders to sign an affidavit under penalty of fraud
    • Funds needed for bidding process
  • Requirements for Bidding Online
  • Requirements for Bidding in Person
  • Extinguishing the rights of former owners and lien holders
  • The type of title acquired when you bid in a foreclosure sale
  • Difficulties faced after buying the tax foreclosure and what to do about it
  • “Quieting title” procedure – Watch five videos presented by expert attorney
  • Watch instructional videos for bidding and quieting title

MODULE 3: HOW TO FLIP

  • Instructions on selecting properties and fixing them
  • Learn the secrets behind flipping, what to do, what not to do
  • See actual homes and study along with the investor who actually take you step by step inside the home
  • Learn how to resolve problems
  • Learn how to work with contractors
  • Learn how to work with city inspectors
  • Learn how to budget yourself and turn a profit
  • Watch multiple videos of “before” and “after” including “do not buy this house” instructions

MODULE 4: CREATIVE FINANCING

  • Get your financing together
  • Understanding different financing methods
  • The mortgage
  • The land contract
  • The purchase money mortgage
  • The process of amortization
  • Lease with option to buy as a financing vehicle
  • The concept of additional collateral
  • Bringing investors together as partners
  • Hard money lenders
  • Use your IRA for financing