Foreclosure Property Workshop

Foreclosure Property Workshop by Garry Haris
August 20, 2009. San Mateo Marriott, California.

This seminar concentrated on Foreclosed Properties which can be profitable as a long term investment.
The speaker was Garry Haris, 26-28 years old investor who made a fortune in his early age. The main strategy that he used was,

BUY - Property ($$$)
REHAB - ($$$)
RENT - ($$$)
REFINANCE - ($$$) - cash out equity
•Check for Crime Rate

Buyer's Market:

1.Price of homes - Down
2.Days on Market - Up
3.Inventory of Market - Up
4.# of new homes build - Down
5.# of new buildings permit - Down
6.# of Foreclosures - Up

Offensive Credit:

35% - Payment history
30% - Debt to Available Credit
15% - Length of Credit history
10% - New Credit (Inquiries)
http://www.creditcards.com/