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Event Details
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Step 1: Buy house in good condition at or just below retail |
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Hint: Look for expired listings or other houses that have motivated owners. There are literally hundreds of thousands of them out there with no competition (other investors will think you're crazy). |
Step 2: Sell house with owner finance terms to "credit challenged" buyer at just above retail |
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Hint: Take 5-10% down payment from sub-prime buyer (the 95+% that can't currently qualify for conventional credit), and leave the 20% to the big banks and mortgage companies. Learn to love borrowed funds too - cars, jewelry, coin collections, firearms, anything that can be converted to cash for that matter is fine with you... |
Step 3: Repair owner finance buyer's credit while seasoning them on your note |
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Hint: Immediately after sale, begin credit repair on your buyer while reporting good payment history to the bureaus. |
Step 4: Wait 12 months and 1 day and then have owner submit application for refinance with conventional lender |
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Hint: Shop around with brokers to find the best refinancing loan products to fit buyer's needs now that their credit has improved and they're seasoned on your owner's note. |
Step 5: Cash out remaining profit upon owner refinance |
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Hint: Don't forget to factor in the $4,500-$13,500 you made in cash flow (depending on your hold time) when calculating your total profit on the deal. |
REPEAT: Repeat steps 1-5 as necessary to alleviate symptoms |
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Hint: For best results, 1-3 applications per month provide adequate relief for most investors (3 treatments per month can yield over $100,000 in monthly profit). |
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- Step-by-step training on how to buy & sell properties at retail while making unbelievable profits
- Step-by-step training on how to acquire properties utilizing wrap notes within a Texas Land Trust and then sell owner finance
- Online access to over 50 continuously updated contracts, forms, templates, scripts, etc.
- Comprehensive referrals to Roddy.com’s preferred network of vendors
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Additional Services Offered:
- Trustee Service; including collection and disbursement of all payments, plus notary, recording and special mailing. (Fee Schedule provided at workshop)
- Title Insurance; specializing in insuring properties that have been held in Texas Land Trusts. (Fee Schedule provided at workshop)
- Legal Services; including evictions, foreclosure, substitutions, assignments, delivery, etc. – (Fee Schedule provided at workshop)
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RODDY.COM IS THE MARKET LEADER IN SUPPORTING INVESTORS & REAL ESTATE PROFESSIONALS IN TEXAS REAL ESTATE. WE ARE THE OLDEST AND MOST RESPECTED ORGANIZATION IN TEXAS WHEN IT COMES TO PROVIDING EDUCATION, DATA, AND INVESTMENT OPPORTUNITIES IN DISTRESSED REAL ESTATE.
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"$25,000 - $35,000 profit a flip in less than 30 days with no loans, no rehab, and less than a grand out of pocket! I just pray this market stays depressed a little longer."
- C. Camporeale
"This class turned my entire perception of real estate investing upside down. When I told my friends I was buying at over ninety cents on the dollar and making over $50,000 a month they started laughing their (censored) off and thought I was nuts. They're not laughing anymore..."
- R. Walker
"If this class was offered by anyone other than the Roddy family, I would have thought it was a scam and never signed up. But I know the Roddys are as good as it gets in real estate, and I jumped in. Man was I glad I did."
- D. Thompson
"Incredible...the absolute winning strategy for this market, period."
- J. T. Craig
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Where
Roddy.com - FLS
4851 Keller Springs
Suite 219
Addison
75001
Other Maps:
Hosted By
Roddy Real Estate Investing Academy
Roddy.com, LLC & Foreclosure Listing Service, Inc.
4851 Keller Springs Rd Ste. 219
Addison, Texas 75001
Phone: (214) 593-0074
Roddy.com is the market leader in supporting investors & real estate professionals in Texas real estate. We are the oldest and most respected organization in Texas when it comes to providing education, data, and investment opportunities in distressed real estate.
Our speakers are experienced investors with a broad range of expertise in a variety of proven investing strategies in Texas real estate.
Data/Course Provider: Foreclosure Listing Service, Inc. (FLS) is the largest provider of data and information services on distressed real estate in Texas. FLS provides courthouse data in pre-auction, auction & post auction formats. FLS is also the TREC Provider #0414 for all MCE accredited courses.
