446: How To Do Short Sale Deals (Overlooked Strategy)
Jiries Dawaher shares how investors can turn underwater or “dead” deals into profitable short sales, using a simple strategy most investors overlook.
The DealMachine Real Estate Investing Podcast · Jiries Dawaher
Audio is streamed directly from the publisher (cdn.simplecast.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show 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/