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There Are 5 Major Ways To Profit In Quick-Turn Real Estate

 Wholesaling

   Purchasing houses (usually needing repairs), at discounted prices and quickly passing them to bargain hunters well below retail value. (No Credit / No Cash)

 Retailing

   Purchasing houses at a bargain prices, repairing and rebating them and selling to the end user for all cash with new financing. (No Credit / No Cash)

 Taking Ownership (For Sale By Owner)

   Owning pretty houses in lovely areas by taking over existing debt "Subject To" the mortgage in a land trust. Creating seller carry back financing or a combination of the two. (No Credit / No Cash) 

 Lease Options & Options

   Taking control of a property by leasing it from the seller and retaining the option to purchase at an agreed upon price and terms. In addition you must have the right to sub-lease it to a tenant/buyer, giving them the right to purchase from you. (No Credit / Little Cash)

 New Construction

  A new method of taking control of the property at pre-construction pricing which usually provides you a 20% discount, and reselling the property before the construction is complete. (No Credit / 5% Down)

 Where will Wholesaling
 & Retailing Work?

Quite simply, this business will work in all price range houses anywhere in America. It works best in lower-priced markets simply because its easier for buyers to raise the cash needed to purchase the property. The low dollar areas produce much more profit per deal. 

 Wholesaling Advantages

  • It requires very little training.

  • You need very little money and no credit.

  • You incur very little risk.

  • You can generate lump sums of cash quickly.

  • You can work from home with minimal overhead.

  • It requires only small amount of time.

  • You don't need tenants or buyers to qualify.

  • You have no long term delays.

  • You enjoy a high income potential.

  • You don't do repairs or deal with contractors.

  • You don't need a license.

  • You're on a fast track to job replacement.

 

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