Wholesaling and Assigning Contracts This strategy allows you to make money in real estate: With no money or very little money With a bad credit score Without having to get a loan With no job or low paying job Without having to fix anything Without taking risk of getting property sold (getting stuck with property) Without having to own anything or put anything at risk What is Wholesaling and Assigning Contracts? The basic premise of Wholesaling is finding potential deals, analyzing those deals, getting them under contract and then assigning […]
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Protected: Real Estate Graduate Call 11-19-2009
November 24, 2009 in General R.E., Graduate Group Call, RESIDENTIAL R.E., Step 07: Fund Your Deals, Step 11: Sell It Quick
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Protected: Weekly Real Estate Graduate Call 10-1-2009
October 13, 2009 in General R.E., Graduate Group Call, RESIDENTIAL R.E., Step 07: Fund Your Deals
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Creative Financing – Wrap-around Mortgage
October 7, 2009 in Graduate Group Call, RESIDENTIAL R.E., Step 07: Fund Your Deals
What is creative financing? Commonly used phrase which involves non-traditional types of funding that are not commonly used. Most of these techniques involve the seller not having to use much or any of their own money. Lease Options Subject2 deals Hard Money loans Seller financing Private loans Wrap-around Mortgages Definition of Wrap-around mortgage A seller financed deal where the sellers existing loan stays in place and a 2nd loan agreement is created between the seller and the new buyer. Example Owner of a property has a $100k existing mortgage at […]