Introduction

Hey Everyone,

My name is Peter Lopipero and I am starting this blog in order to discuss the foreclosure business. Personally I have been in the foreclosure business for over 16 years in the New York city area. I got started with a little help from my dad(thanks dad) and was able to get some money together in order to buy my first bank owned foreclosure property. Needless to say that first purchase was a nerve racking experience. I was worried if I was bidding the right amount, what if there were unforseen problems with the property, what if I did not have all the information I needed. I sweated for a solid 4 months throughout the whole process. Finally when I was able to unload the property and make a 20,000 profit I was stunned. I was a young guy and had never seen that kind of money in one check. Well since then I have learned through some ups and downs the foreclosure business. I must say that with the advent of the internet the learning curve has been shortened tremendously. What took me 10 years to learn through experience, picking other investors brains and just plain making mistakes can now be learned via the internet in a couple of months. The amount of information that is available for those who want to buy foreclosures is staggering. On that note I would like to say I want to help the interenet community with any and all help. So I am starting this blog to try and have potential investors in foreclosures, people in the real estate business and anyone who has useful information with regards to buying foreclosures. If anyone wants to see my business website it is
http://houseswanted.org/ Till the next time....good luck in all your deals.