REI Tools- Wholesaling Houses Simplified

Simplify the wholesale process even more.

THREE STEPS TO CASH

1. Wholesale
a. Flip to other investors
b. Flip to homeowners
c. Flip to the network of investors in your local REIA Club

2. Retailing
a. New loan
b. Owner Carry
c. Lease option

3. Holding
a. Rentals long term
b. Cash Flow
c. Appreciation

4. Advantages
a. Wholesale—No cash needed
b. Retail—bigger profits
c. Holding-monthly income, lines of credit, values increase over time

5. Disadvantages
a. Wholesale—need to buy cheap and turn fast
b. Retail—need cash or financing
c. Holding-management along with cash or financing required to purchase plus repairs and maintenance.

Hot Tip

Create cash first!!!! By wholesaling…
Take the baby steps first and get paid while you learn.
Then create wealth
By holding long term rentals
The buy, rent and hold strategy.
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REVIEW:

WHY BUY REAL ESTATE WHOLESALE ?

 No cash is needed
 Close faster because no financing
Many lenders won’t lend on these properties
 Interim financing is easily available
 Bought and sold “as is”—no fix up
 Buy in any area any condition.
 Close via assignments or double closing
 And you usually already have an investor lined up for the property.

BOUGHT Real Estate CONTRACT
Sold as is (flipped) AS IS AS IS AS IS
Basically wholesale properties have a higher than normal motivated seller. The seller needs to sell the house yesterday. Most of the time the poor condition of the property keeps the seller from selling it. There is no demand for the property by your normal homebuyers. But there is a value for the property at a discounted price!

That buyer is a Wholesale Real Estate Investor. WE ROCK!

This is by far the best way to get started in Real Estate Investing. It is the one way for sure that you do not have to use any cash.
This is the main technique that I recommend… to flip properties for CASH!!!!!

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To your success,

Karen