Real Estate Investing with No Money|Wholesaling Real Estate
Many people have been falsely led to believe that you have to have money when investing in real estate however real estate investing with no money is a well used strategy that I will explain in this article.
Shared by: tpinvestments80
Real Estate Investing With No Money|Wholesaling Real Estate by mrcharls | on March 11, 2013 Many people have been falsely led to believe that you have to have money when investing in real estate however real estate investing with no money is a well used strategy that I will explain in this article. Real Estate Investing With No Money . . . No Way! I must admit I use to think there was no way people were investing in real estate with no money until I actually seen it with my own eyes and then actually begin to experience it. I had read many books about it however never actually knew how to implement any strategies until I had the pleasure to work with an investor who was actually doing it and later began to mentor me, and it changed my belief because now I know real estate investing with no money is real! Join my VIP LIST to see how I have been real estate investing with no money for years and I will tell you how for free, I believe in sharing what I know! Real Estate Investing With No Money Strategy Wholesaling properties is a great way to invest in real estate with no money. Wholesaling is the most easiest and simplest ways to begin investing with little or no funds. This is what wholesaling actually means when you hear someone say they flip houses, however most people believe that the term “flipping houses” means you buy a house fix it up and sell it, however that is not the correct definition . . . buying and fixing is what you would call retailing, rehabbing or re-selling properties, however wholesaling or “flipping is quite different. So here’s how the wholesaling strategy works with no money down in a nutshell; 1st you find a motivated seller and make a low offer and if accepted then you both will sign a contract for you to buy the house, however here is the magic in wholesaling, instead of you just putting your name in as the buyer you will put your name and or “assigns”, which means you can assign the contract to another buyer and get paid! Example, lets say the house is appraised for $100,000 however you found a motivated seller and got it under contract for $40,000 then you sold or assigned the contract to another buyer who agreed to buy the house for $50,000, so you assigned the contract to him…well you just flipped that house and on closing day you will make $10,000 because the original contract is for $40,000, right, so you never actually owned the house and never used your money and made a cool $10,000 just being the middle man . . . now that’s real estate investing with no money at its finest. check my blog daily because I will be doing an entire blog post on wholesaling real estate, a winning strategy! Bonus Real Estate Investing With No Money Tip Another way to get properties with no money down is to use private lenders. There are plenty of individuals that make a living loaning money to real estate investors and even though the interest rates are usually a little higher (around 10%) than the banks that’s ok because private lenders will not charge any upfront fees and the loan is backed by the real property. There are several other ways you can invest in real estate with no money such as lease options as well as using hard money lenders. I’ll be going into those strategies in more detail in blogs to come so sign up for my RSS feed to get them sent directly to your email. Join my VIP LIST to see how I have been real estate investing with no money for years and I will tell you how for free, I believe in sharing what I know! You Can Have A Blogging Website just like this one that pays you 100% commissions simply by blogging about your business and passions! Click the banner below and find out how everyday people just like you are making money on the Internet…all without picking up the phone! P.S. You can do it . . . real estate investing with no money is real…start today!
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