Profit from Real Estate right now...Question?

I think what Dean means is that it may be easier to find a property 30% off fmv than it is to find a property 60% off fmv. So you might come across the 30% off fmv first. So those investors that are looking for 30% off will be higher on the list. Cause those propeties you may come across first. Or more than percentages that are higher than 30%. Just using 30% and 60% as example numbers. Hope this helps.

I believe what is being stated here is that page 184 in Dean's book discusses if a buyer wants $30k in equity and you found a deal that has $30k in equity you could not assign it to him. Because if your assigment fee was $3,000 that investor would only be making a net of $27k. Thus, it is better to have several investors interested in making less per deal. Say for example $20k per deal. That way you could offer a great deal to be assigned for $3k and the investor gets $27k and feels even better! I hope this helps. Good luck on all your deals. Believe and Achieve! Indiana-Joe

My take on this also is that he's saying if an investor that is looking for a higher return. Might not be on your high list of investor's because those offer's they are looking for at that return are not as easily obtained. So they wouldn't be first on your list because there is more at a lesser % out there willing. Hope this helps. Continued success...........Lubertha

Wow thank you everyone! Now it makes sense.

I'm loving this book!

Just a note. I'm finding every time I read something over in the book. I discover something new. I don't know how you could ever put it down! Continued success........Lubertha