Скачать или смотреть fast cash for house

Hi, this is Frank Chen with REIClub.com, the only site you need as a real estate investor. Today I've got a quick video on how to earn Fast Cash Flipping Houses.

Flipping real estate, aka wholesaling, is nothing more than finding a great deal and then passing this deal on to a buyer while you make a profit in the middle. Typical transactions take anywhere between 30-90 days.

How do you get started wholesaling houses?
We encourage all investors starting out to build your real estate team first...

Closing agents, insurance agents, real estate agents, buyers, contractors, home inspectors, appraisers, lenders, real estate attorneys, tax professionals

Good place to start looking - investor referrals (especially if they have an agent they love working with), local rei clubs, closing agents at title companies

Hardest part is the "ask"

Next, Find your different buyers for your deals

cash buyers, borrowing buyers, rehabber landlords - You want to first find out what your target buyers are looking for so you can focus your searches when looking for sellers.

Good places to start looking - online, craigslist, social sites, local newspaper, rei clubs, agent referrals

Finding your sellers - Own website - squeeze page - capture passive leads

Real estate listing sites - paid and free - search for specific keywords like "as-is" or "needs work" - Ads - craigslist, newspaper, online paper, newsletters - Flyer campaigns that are neighborhood specific - MLS - expired listings - deals that didn't sell

Deal Analysis - core fundamental that every investor must learn - first thing, pull comps - similar property types - bedrooms, sq, ft, year built - Consider holding costs - insurance mortgage etc.. - Location - schools, highways nearby? - Avg DOM?

Seller Negotiations - Shy? Include a credibility kit - Scripts and Checklists

Start with simple questions to warm up to the seller - Gauge the conversation, then lead in with more personal questions. - Present your offer based on your analysis, answer questions as needed - Set Terms of Closing - Title company, days till closing?

Contract and Clauses:
just make sure you are given 24/7 access to the property, you want to request for a key so your inspectors, lenders, appraisers but most importantly your Buyers can get into the property with ease.
contingencies - ex: 15 day inspection period to create a buffer
Earnest money to secure the contract

Various Closings:
Simultaneous closings (aka. double closing, back to back closing) where the buyer's funds to help close the deal.
Transactional closings - short term third party funds the close.

This was just a brief overview of how to Flip houses. If you would like to learn about how to Flip properties in more detail. We actually have a Free 45 minute CD you can download, that breaks down the process even further. In this 45 minute audio, we dive further into...

marketing and advertising strategies that attract sellers and buyers
explain the importance and rolls for each member of your team
specific costs and fees you should be aware of in any wholesale transaction
specific negotiating strategies that will bring your deals closer to closing
additional contingencies that will protect you at closing
5 ways to handle your earnest money.
and much more...