Making Big Money Investing In Foreclosures Without Cash or Credit


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Making Big Money Investing In Foreclosures Without Cash or Credit


by: P. Conti

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Use of graphs and charts are extremely helpful.

The book explains the process of working with PEOPLE through their forclosure problem so they can get to a better place in an ethical manner. The web information provided via this book is very useful for understanding the forclosure in state-specific areas. Actually the ideas in this volume are even helpful in a regular real-estate transaction.

This book really pushes keeping the houses for buyer's future, but do you really want to be a landlord -- most don't and would rather sell and move on. If you don't know how to fix small problems yourself you will be constantly hiring someone else to fix them -- so there goes all your profits. The author never talks about taxes either -- rather he paints a somewhat deceptive picture of profit -- but the does discuss the writing off the interest, but not about Capitol Gains tax that you'll have to pay when you sell the house no matter how long you own it, you don't have to pay it if you live in the house for two years but if you rent you will. Yup -- there's money to be made now and in the years to come -- and ideas in this book to make some money, but think long and hard were you buy (neighborhood etc.) and if there is really enough profit in the property after you pay your real estate people, Taxes and other expenses.

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