How to Find Real Estate Deals to Earn Fast Cash
There is truly much money to be made in real estate.
In fact, more people have become wealthy in real estate than in any other field.
Contrary to popular belief, however, you don't have to have a lot of money to start with, especially in today's market.
Tens of thousands of people in the United States are making money without risking their own cash or credit.
The top three methods to using little or no money are as follows: The first is a method called "subject to".
This can be done without risk by taking title to a property "subject to" the existing mortgage.
What this means is that you leave the original owner's mortgage in place and you assume responsibility for the payments.
Many people are experiencing severe financial problems at this time, and are just looking for a way out of the responsibility of making their mortgage payments.
Most of the homes involved are beautiful and well maintained..
Personal guarantees by you are not required in order to do this.
You can learn how to take on these deals when you visit my website for a free report.
The second method is to wholesale houses that are in need of repairs.
These are usually low end properties that are in very poor condition, but with a little help, can turn into extremely nice, comfortable residences.
You learn how to find these properties, get them under contract, and pass them along (assign them for a fee) to the contractors and carpenters who earn money fixing up houses to sell.
You never own the property, you never close on it, but you can make anywhere from $5,000-$10,000 up on each sale.
It is possible to wholesale 3 or 4 houses every month.
Not a bad income for very little work.
The third method is using a technique know as a lease option.
It works particularly well with homes in a higher price range.
This means finding a house with a lot of equity already in it.
This can be a house with a market value of anywhere form $400,000 to $800,000.
A house in this range should have a mortgage of no greater than 30-35% of its' market value on it.
You option this for one price and, through the use of various sales strategies, you then re-sell it for a higher price, either by selling it outright to a cash buyer, or using a lease option contract.
The seller gets the price they can live with, the buyer gets the price they want, and you get the difference, which, if done properly, can be tens of thousands of dollars.
Expenses are minimal, perhaps a few marketing materials and about $100 for an option deposit..
Using these methods, you usually don't have to make any monthly payments or repairs, and you don't have to go through the hassle of trying to obtain new financing.
This is one of the best times in decades to be investing in real estate.
Don't believe the claims of "doom and gloom" you hear in the media on a daily basis.
Do some research, talk to experienced pro's, and make your own decisions.
If you'd like to learn more about these, and other helpful strategies, visit my website, as shown below.
In fact, more people have become wealthy in real estate than in any other field.
Contrary to popular belief, however, you don't have to have a lot of money to start with, especially in today's market.
Tens of thousands of people in the United States are making money without risking their own cash or credit.
The top three methods to using little or no money are as follows: The first is a method called "subject to".
This can be done without risk by taking title to a property "subject to" the existing mortgage.
What this means is that you leave the original owner's mortgage in place and you assume responsibility for the payments.
Many people are experiencing severe financial problems at this time, and are just looking for a way out of the responsibility of making their mortgage payments.
Most of the homes involved are beautiful and well maintained..
Personal guarantees by you are not required in order to do this.
You can learn how to take on these deals when you visit my website for a free report.
The second method is to wholesale houses that are in need of repairs.
These are usually low end properties that are in very poor condition, but with a little help, can turn into extremely nice, comfortable residences.
You learn how to find these properties, get them under contract, and pass them along (assign them for a fee) to the contractors and carpenters who earn money fixing up houses to sell.
You never own the property, you never close on it, but you can make anywhere from $5,000-$10,000 up on each sale.
It is possible to wholesale 3 or 4 houses every month.
Not a bad income for very little work.
The third method is using a technique know as a lease option.
It works particularly well with homes in a higher price range.
This means finding a house with a lot of equity already in it.
This can be a house with a market value of anywhere form $400,000 to $800,000.
A house in this range should have a mortgage of no greater than 30-35% of its' market value on it.
You option this for one price and, through the use of various sales strategies, you then re-sell it for a higher price, either by selling it outright to a cash buyer, or using a lease option contract.
The seller gets the price they can live with, the buyer gets the price they want, and you get the difference, which, if done properly, can be tens of thousands of dollars.
Expenses are minimal, perhaps a few marketing materials and about $100 for an option deposit..
Using these methods, you usually don't have to make any monthly payments or repairs, and you don't have to go through the hassle of trying to obtain new financing.
This is one of the best times in decades to be investing in real estate.
Don't believe the claims of "doom and gloom" you hear in the media on a daily basis.
Do some research, talk to experienced pro's, and make your own decisions.
If you'd like to learn more about these, and other helpful strategies, visit my website, as shown below.
