All Topics / Help Needed! / Sourcing distressed real estate

Viewing 5 posts - 1 through 5 (of 5 total)
  • Profile photo of Property BuyerProperty Buyer
    Participant
    @gaucij
    Join Date: 2018
    Post Count: 10

    Hello, Are there any members on this forum who are well experienced at sourcing and acquiring distressed real estate ?

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024

    Hi PB

    Yes purchased dozens of deals over the years that have been MIP.

    What is it you are wanting to find out.

    Cheers

    Yours in Finance

    Richard Taylor | Mortgage Broker helping investors build their wealth thru property
    http://www.mortgagecapitalaustralia.com.au
    Email Me

    0-40 Properties in a decade with an unencumbered value of over $35M. Email for a copy of my API article

    Profile photo of Property BuyerProperty Buyer
    Participant
    @gaucij
    Join Date: 2018
    Post Count: 10

    I’m currently in market and looking to source stock located in Sydney NSW

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024

    Need to start making friends with the mortgage administration officers at various lenders and they might give you a heads up.

    We spent a lot of money getting to know who is in charge of the sale and where the property will be listed.

    Cheers

    Yours in Finance

    Richard Taylor | Mortgage Broker helping investors build their wealth thru property
    http://www.mortgagecapitalaustralia.com.au
    Email Me

    0-40 Properties in a decade with an unencumbered value of over $35M. Email for a copy of my API article

    Profile photo of AsadonAsadon
    Participant
    @asadon
    Join Date: 2021
    Post Count: 0

    Surely there are not many distress sales in the current market?

Viewing 5 posts - 1 through 5 (of 5 total)

You must be logged in to reply to this topic. If you don't have an account, you can register here.