Real Estate Wholesaling
for Todays Housing Crisis
It used to be "buy and hold"
was a great way to go. Five years ago you could practically
throw your money and anything and make money from sheer
appreciation, but times have changed. There is actually
more money to be made now, you just need to lose
the conventional mindset and do things a little differently.
Cashflowing is still a great strategy (as long as your
property isn't losing value), but there are much
better ways to make more cash quickly. One of the best ways
is through real
estate wholesaling. When we talk about wholesaling,
we are referring to finding properties at a discount and
assigning them at a discount to another investor or rehabber;
thus the term “wholesale”. For further clarification
on terminology, when you “assign” a property
to another investor, this just means you’re transferring
the right to them to buy the property directly from the
seller.
This creates the following advantages for you:
- It’s virtually risk free
- There is no need for excessive cash or credit, or any
financing
- You are not taking ownership so there are no closing
or holding costs (interest, taxes, insurance, etc...)
- You do no repairs or work yourself
- It’s great for generating quick cash
Once you get a property under contract, you will have
control, without the liability. Then you
can wholesale it to another investor at a higher purchase
price or for a flat fee. They take your place in the agreement
by way of the contract
assignment, then purchase the property, take
care of repairs and either keep it or sell it to someone
else for a higher price.
This is a great no risk strategy to create quick cash
without using any of your own credit, money or other financing
techniques. Since you have neither of these limitations
you can also do as a many as you want making it a good cash
flow strategy especially once you have a
solid system working for you.
You can do these types of flips and assignments in up,
down or flat markets. You have no risk because you are only
tying up the deal to “assign” it to another
investor or individual. So even if an area was depreciating
severely, you never take ownership and assign the property
in an average of 2-6 weeks. What about a worst case scenario?
Let’s say you don’t assign the property. Since
you have no risk, you lose nothing!
That aside, wholesaling also gives you another exit strategy
if you decide you want to pass off a property to someone
else so you can move on to better deals!
Don't get stuck focusing a conventional methods or you
will be dealing with a lot more risk. Real
estate wholesaling allows you to eliminate these
inherent risks and give you the best options you need to
capitalize on the current housing crisis!
Join the ranks of those profiting from the current crisis!
Our system is geared specifically for today's real estate.
Go to:
http://www.creativerealestatehelp.com/index.php
We look forward to helping you achieve your financial goals!
To your success,
Matthew Sorensen
CreativeRealEstateHelp.com
http://www.creativerealestatehelp.com
Proven Tools to Profit from Today's Real Estate Trends
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