(INSIDE LOOK) How To Buy FORECLOSURES With $800

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If you're buying real estate for your personal home or beginning your investment portfolio you want to make sure you have the leading website set on autopilot for Foreclosures, Distressed properties, short sales, and just cheap houses for sale.

Wayne shares exactly how to buy a house with literally just $800. Imagine getting started in real estate with just $800. That is exactly what thousands of people have done around the United States through the USDA home loan program.

To start your search here is the direct link to more than 32,000 Foreclosures for sale all across the United States and many of these can be purchased with just $800 total out of pocket.

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*DISCLAIMER* The contents of this video are for strictly educational and entertainment purposes. This video is no+t intended to provide financial, accounting, tax, or legal advice. For financial or legal advice consult with financial advisor or lawyer. I may earn commission from purchases made through links in this post.

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I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.

StephanieRebecca-

My dad found his home 20 years ago as a foreclosure. It had no damage and people had lived in it 6 months. Half acre horse property

DeathByFashion

Foreclosures are great! I just bought one for $62k market value $135 and after I clean it up will be $165 on the low end. It’s possible. 🙌🏿

themadmillionaire

What Wayne forgot to tell you is that 99.9% of foreclosures are in poor condition. VERY FEW are like the one in the video. If you take this advise, you could be out $800, probably more, and not get the house. USDA RD loans are very strict with appraisals, they won’t loan on homes that have issues or are considered a fixer upper. Also, here in Montana, this type of appraisal is way more than $400. So if you don’t know what to look for, you spend closer to $800 for an appraisal and $400 for an inspection. The danger is that when the appraiser calls out things that need to be repaired, the bank says no, they have built these repairs into the price. USDA/RD loans will be denied if the required repairs aren’t done. You DO NOT get your money back if the deal falls apart. Now you just paid $1200 for nothing! Please do your homework!

LivinginMontana

Might as well be advertising for that PAID subscription foreclosure website.

Just pay $50 and get a full list from your city hall.

sinncier

You gave good information for free. Thanks for the positivity and being straight forward 🙏

empressmarie

lets talk i have till January to get a home and foreclosure was the first thing that popped into my head i need a coach this will be my first house!

Justin-ctto

Thank you for this honest and straight forward information!

YuggyAdventures

Hey Wayne!😮 WTF.? I followed the link to that foreclosure website you posted. It had some properties I was interested in. When I clicked the link it wanted me to sign up for their premium membership to see the photos and details. It upset me a little bit but considering how hard it is to find information on foreclosures, I was willing to pay for premium membership if it wasn't too much money. However, it wanted my credit card number before even telling me how much the premium membership costs. That it's a sign of a scammer! 😲☠️ You should not link people to scams!😡
I do enjoy watch your show, ❤ just be careful of putting your good name on anything without a disclaimer.

sac

Thank you as always for this valuable information.

clairedeluna

Nice information.
Note that the reason this isn't as popular as you would think as "rural" really does mean that. That is, normal income requirements apply, so with 7% interest currently, you're effectively capped as an individual at about 65K a year for the program (more for a couple) in most states as it's designed for low income families. Which means about 1700-2000 a month, currently. Or about 200 for the home 250K or so for a couple, give or take. That's a decent home, but NOT in any metro area - even if you could be that close. Flipping it is hard, so investors/flippers/everyone else don't go for this as it's a headache. And they exclude based on cities and zip codes, so even a town of 15-20K is excluded. 20 minute drive to Peoria or a similar mid-sized city is as good as it gets.
But, as Wayne said, if you just want a home and don't mind a commute, it's a snap, especially since the main issue is the down payment for 90% of working people.

josephoberlander