It looks like things are hitting a bottom. Banks are tired, prices have dropped precipitously.
I work with investors and also with banks on foreclosure properties. Here are just a few of the recent deals that have come up:
1311 Wagon Wheel Road, Hopkins, MN - A townhouse located in Minneapolis' suburb, Hopkins. 2 Bedrooms, 2 baths with a 2 car tuckunder garage. How much? $62,500! It would rent for $1,000 a month minimum and with 20% down, it would cashflow right out of the gate.
2630 Humboldt Avenue North - Here is a two story, 3 BR/2BA home. Needs some work as plumbing has been stripped out of it. Sold two years ago for $187,000...went on the market today for $17,900! It will sell fast....I anticipate within the next two days I will have offers.
I have many more like these coming on the market in the next three months. Now is the time to make money in real estate!
Want to get in on the upcoming deals? Great opportunities are all over the place. Email me today at steve@jecha.com for my daily foreclosure list.
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