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Distressed Property Definition
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Distressed property comes in two types
1. Emotional motivation
2. Financial motivation
The truth is there is no distress property there are only distress will state owners what I call motivated sellers. I only deal with the stress motivated sellers because I can buy homes at a deep discount or I can get owner financing were the seller becomes my private bank.
In this free real estate training video I will go over the advantages and disadvantages of dealing with emotional motivated sellers and financially motivated sellers a.k.a. "distressed properties definition"
It does not matter if you were real state Wholeseller, if your landlord or a fix and flip or understanding the definition of distressed properties and learning to find market sell clothes motivated sellers is the key to buying properties at a deep discount or getting OPM properties where the seller becomes your private bank
#DistressedPropertyDefinition #MotivatedSellerDefinition