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Posted by Ward-CA- on April 20, 2002 at 20:22:33:
In Reply to: New Investor Quit Claim posted by Jessica on April 19, 2002 at 00:07:30:
: I have just taken a course on Quit Claims and I am interested in becoming a real estate investor. My initial goal is to flip the properties to other investors via Quit Claim. How much equity are investors looking for? What kind of houses or properties should I be focusing on? Where are the best places to find investors?
: Jessica
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Jessica,
You've piqued my interest. What course on Quitclaim Deeds did you take? Who taught it and where and for how much?
I find it hard to believe someone would put together a course on the topic of quitclaim deeds, but there are probably even more specialized classes out there.
1. Investors are usually for at least a net equity of $20K.
2. You should be focusing on pre-foreclosures, fixer-uppers, or other distressed properties in the entry level strata of single family homes.
3. A very good place to find real estate investor’s is at a local real estate investment club.
