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Focus on a niche market
When you’re looking for properties to flip, the first impulse is to cast a wide net in the search for the best deals, but sometimes you can find better deals by fishing deeper in one spot, such as one of these:
Foreclosures: You can find more homes in foreclosure than you can possibly flip, and by focusing your efforts on these properties, you quickly discover the ins and outs of locating them and effectively negotiating the price and terms you want. See ssss1 for details about foreclosures.
VA foreclosures: To narrow your scope even further, consider focusing on Veterans Affairs (VA) foreclosures.
Probate: You can find leads from probate lawyers and the neighborhood grapevine to locate families who need to unload a house in order to settle an estate.
Divorces: When couples divorce, they’re often stuck with a home that neither of them can afford. By keeping your ears open and letting people know that you buy houses, you can often score first dibs on these homes.