Get Creative with Pace Morby Navigating Pre-Foreclosures with Expert Mamadou Diallo
Welcome to a new episode of Get Creative! In today's episode, we dive deep with Mamadou Diallo, a seasoned real estate investor who specializes in creative finance solutions and pre-foreclosure deals. Our host, Ingryd Hernandez, explores Mamadou's journey, the strategies he employs, and the lessons he has learned from years of navigating the complex real estate market. Whether you're a seasoned investor or a newcomer to the world of real estate, this episode promises to offer valuable insights into making successful deals using creative financing methods.
Highlights:
"I see a lot of newbies struggle with pre-foreclosures because they don't understand the follow-up process."
"We're problem solvers. The first thing is, I love pre-foreclosures actually because I am supposed to reach out to motivated sellers."
"We never get the contract because of the property being in bad shape. It's typically because of personal problems they have that we solve."
"We truly here to help, and I believe doing this kind of things never go to waste."
Timestamps:
00:00 - Introduction to Creative Finance and Real Estate
01:17 - Meet Mamadou Diallo: A Journey into Creative Real Estate
02:35 - Examining a Pre-Foreclosure Deal in Detail
05:56 - The Importance of Data in Identifying Real Estate Opportunities
07:26 - Mamadou Shares Success Stories of First-Time Deals
11:12 - Strategies for Handling Pre-Foreclosure Scenarios
14:20 - Postponing Auctions: Tips and Tricks
18:37 - The Human Element: Beyond Business in Real Estate
22:13 - Collaborating with Seasoned Investors for Success
25:55 - Community and Economic Impacts of Real Estate Investments
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