http://www.REIClub.com - Wholesaling Real Estate Is A Great Investment Strategy For Beginner Investors. Here’s A Quick Video On How To Wholesale Real Estate For Quick Profits...<br /><br />Wholesaling real estate (aka - flipping)<br /> - Don't take ownership<br /> - Assign the contract to an investor<br /> - Very low risk - little or no money down!<br /><br />Step 1: Finding Distressed Properties<br /> - Resources<br /> - Profit Margins<br /> - Deposit<br /><br />Example: <br /> - Retail Market Value - $100,000<br /> - Negotiate price - $60,000<br /> - Repairs - $10k-$15k<br /> - Wholesale Price - $65,000<br /> - YOUR profit = $5k Investor Profit = ~$20k<br /><br />Step 2: Build Buyers List<br />- Ads<br /><br />Step 3: Ways to Close<br /><br />Assignment <br /> - Name and Title<br /><br />Double Close<br /> - back-end buyers funds to pay off the original seller!<br /><br />Traditional Close with Transactional funding<br /> - same Funding you would for a short sale or REO flip<br /><br />Thanks for watching, and feel free to leave us comments.
