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wholesale: Surplus Property Auction Websites - 05/28/07 09:52 PM
http://www.treas.gov/auctions/irs/ IRS auctions
 
http://www.ustreas.gov/auctions/ US Department of Treasury auctions
 
http://www.hud.gov/ US Department of Housing and Urban Development
 
http://www.usmarshals.gov/assets/sales.htm US Marshal Auctions
 
http://www.bid4assets.com/storefront/index.cfm?var1=3252&level1=1&sfid=21#-3 Many states use this company to conduct their surplus property auctions
I have only used auctions once and it was to purchase land lots through a tax lien sale in Sarasota Florida. I was involved with a group of investors and I was not directly involved in the bidding process. However, we ended up winning 7 of the 30 lots that we bid on. It was worth it but it was a huge hassle to get … (2 comments)

wholesale: Down Payment Assistance non-profit - 05/26/07 10:40 AM
First of all I would like to apologize to the several active rain members who contacted me with regards to ameridream. The organizations website is as follows www.ameridream.org (NOT .com).
This past week I had the opportunity to speak with almost 1,000 real estate professionals about exit strategies for selling wholesale properties, rehabs, flips, and other real estate investment projects. The main issue is where to find buyers.
Often times the potential buyers are young, low income, future investor types who truly do not have money for a downpayment and/or closing fees. I am hearing that many of these people even submit … (13 comments)

 
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