One of the best ways, by far, to get involved in short sales or preforeclosures is to not have to deal with the seller at all.

Sure, you can easily make great deals by involving the seller as long as you find the good ones, but it can be a lot easier to get into the property from the back end and not have to deal with the hassle.

You won’t have the trouble of figuring out whether the seller is good or bad, and you won’t have to wait around for them to make a decision. You can even do the sale through the mail if the seller is out of town, giving you much more control over the deal.

An easier way to do this is to go after the lien that is on the property. You buy the lien at a discount, either from a local bank or judgment that is able to be foreclosed upon. This is great for seller-held financing, as well (second mortgages).

Instead of dealing with the seller, you go directly to the lien holder and buy the second lien at a discounted price to take it off of their hands. This second lien is also known as a junior lien or junior loan.

This allows you to back into the ownership of the property without the seller even knowing what’s coming.

Imagine if you’ve got a $250,000 house with a $200,000 mortgage and $50,000 second mortgage. You go in, buy the second mortgage for $5,000 from the lien holder, and now you own that mortgage. The homeowner now owes YOU $50,000.

Whenever they decide to refinance or sell the property, you collect $50,000 for your $5,000 investment.

If it comes down to it, you can even foreclose on the property yourself when it is vacant or the seller can’t be found so that you get your money.

Most people don’t find these deals because they think they have to find the seller. By knowing the back way in, you can have more deals and better profits.

You can help the seller if you choose, once you’ve purchased the second mortgage. You can go to them, tell them what you’ve done, and that you don’t want their house.

Then you can work with them to re-structure their loan, refinance the property, or sell the home altogether so that they can get out of the mess and you can get your money.

Or you can sit back and do nothing. It’s your call, but using these lien startegies is definitely a great way to profit from foreclosures!

For more great Foreclosure Investing secrets from Jason Loucks and a FREE CD
on how you can start profiting from Foreclosures, Preforeclosures, Short Sales,
and REO’s for yourself, go now to:

http://www.PreforeclosureFortune.Com