Deal Valuation: Palmer Park (Methodology)
Hello, hello, hello! We are back with another week of foreclosure deals fun. Today, Donny gives an in-time valuation on a property he and his investors recently closed on in Colorado Springs. Being based in Colorado, and Denver specifically, we've definitely seen the market rise over time, and while this rise has extended south to Colorado Springs, Donny and his team have been able to find great under market properties for his clients like this one on Palmer Park.
Stay tuned as Donny breaks down the methodology and tools he uses to identify and acquire foreclosure deals, fix them, and put them back on the market improved with favorable equity positions.
Here's a link to the article Donny mentioned in today's episode:
"How Fannie And Freddie Work To Prevent Foreclosures"