The DealMachine Real Estate Investing Podcast

446: How To Do Short Sale Deals (Overlooked Strategy)

Episode Summary

Jiries Dawaher shares how investors can turn underwater or “dead” deals into profitable short sales, using a simple strategy most investors overlook.

Episode Notes

Most investors walk away when a seller owes more than the house is worth. In this episode, Jiries Dawaher reveals how to turn those “dead” deals into real profits with short sales — an overlooked strategy that can help you close more off-market deals right now. He breaks down what short sales are, how to find these opportunities, and towards the end, covers the exact steps to run the play the right way.

KEY TALKING POINTS:

0:00 - Intro

0:30 - The Power Of Short Sales & The Current Opportunity

4:06 - The Difference Between Short Sale And Subject To

7:51 - Stage 1: Find The Property

10:46 - Stage 2: Qualify The Deal

11:38 - Stage 3: Run Your Numbers

13:32 - Stage 4: Submit And Negotiate With The Lender

14:16 - Stage 5: Follow Up!

14:29 - Stage 6: Close The Deal

14:37 - Outro

LINKS:

Instagram: Jiries Dawaher

https://www.instagram.com/jiriesd

Website: Jiries Dawaher

www.skool.com/realestateinvesting101

Instagram: David Lecko

https://www.instagram.com/dlecko

Website: DealMachine

https://www.dealmachine.com/pod

Instagram: Ryan Haywood

https://www.instagram.com/heritage_home_investments

Website: Heritage Home Investments

https://www.heritagehomeinvestments.com/