Elk Grove REIA May 19th Elk Grove Investor Club - Power up your foreclosure buying power for 2009!

Join at the next Elk Grove Real Estate Investment Group (Elk Grove REIA) meeting!

Tuesday, May 19th

Networking 6:30-7pm
Meeting 7pm-9pm

Join us for a live mortgage update at the
Elk Grove Real Estate Investment Group!

This month's meeting topic will be:

"Power up your buying power for the coming flood of bank owned deals!" 


Banks are holding back their inventory of bank owned homes.  In fact in Elk Grove alone, there are well over 500 homes that have been foreclosed on and are currently empty and NOT listed for sale!

We have seen our inventory in the Sacramento market deplete especially in the lower end of the market (under 150k). We are seeing multiple offers (in that price range) and banks are holding their cards close to their chest and letting buyers absorb some of the inventory.

The next wave of homes is getting closer, so don't believe all the hype... there are still plenty of great deals around the corner!

Right now is the time to prepare yourself and power up your buying power.

Lending guidelines are getting tighter and those who know how to play the new game will win!

The time of getting a loan just because you have a pulse is over! Lenders and their underwriters are digging deep into loan files looking for any reason why you as a borrow can not qualify!

On one hand as an investor you want to take advantage of every legal tax loophole you can in order to offset any income. On the other you want to go to the bank and ask for a loan when your tax returns say you made little no money (if you have a good CPA) last year.

During this month's meeting we will teach you how to increase your buying power no matter what your circumstances are. Conventional lending or hard money loans... it does not really matter. If you want to play the investment game... we will help you get clear on your options.

The goal of this meeting is to help you get clear on what you have to work with, what type of financing you can use, and what type of deals you should be looking for based on your situation.

We will also show you pictures and samples of recent investor deals and teach you how the Investors structured their contracts to benefit them.

Remember if you are our client... you get in for FREE!

We will see you there!