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Скачать или смотреть How To Flip Houses With No Money Down | Creative Real Estate Investing

  • Kevin Unk
  • 2017-03-09
  • 115
How To Flip Houses With No Money Down | Creative Real Estate Investing
how to flip housesreal estate investingassignment of contractdouble closemake money in real estatephil pustejovskyrobert kiyosaidonald trumpentrepreneurhouse flipreal estate dealhouse flipperno money down investing
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Описание к видео How To Flip Houses With No Money Down | Creative Real Estate Investing

Real estate is a great way to invest and make money as an entrepreneur. There are many ways to flip houses with no money down. Two of these many ways are what is called an "assignment of contract" and a "double close". An assignment consists of getting a property "under contract" with a motivated seller, and then selling the actual contract to an end buyer. The end buyer pays the "assignor" an "assignment fee". You as the investor decide what your assignment fee is. $5,000 is a good place to start. The end buyer buys the right to your contract and entered into it and closes on the property. The seller gets paid, you get paid, and the buyer gets a great deal.
A "double close" is when you get a property under contract and then begin to market it to an end buyer. You find someone who wants to buy it for more than you're buying it for. Once you get a great deal you begin networking to find someone to fund your deal. This is usually done with deals that are more profitable.You will have to pay your funding source but if you have a great deal that won't be a problem at all. After you get the property under contract and find an end buyer, you fill out another purchase and sale contract with the end buyer. Then on the day of closing you close with the original seller. Then after you close and take ownership of the property, you turn around and sell the property the same day to your end buyer for more. The Title company paid, your lender gets paid with a return on their investment, and you get a nice fat check. Everybody's happy and it's a win win!
Don't ever think you need money to make money. You don't. You need faith and to take action. Learn what you need to learn and then apply it. You can turn applied knowledge into profits!

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