Whether you’re brand new to real estate investing or have done over a hundred deals, you’ve surely heard of wholesaling houses. You know – that strategy where you get a house under contract for a really cheap price for all cash, then turn around and sell it for a nice, easy & fast profit? Yeah, that one.
So if you’re intending to make money by wholesaling properties (which you should), then you’re going to need to be very familiar with the two exact ways you’re going to make that happen:
In order to get paid & make that quick cash, you’re either going to
-Assign your contract or
-Do a double close.
But what’s the difference? And when do we use each one? What’s the best strategy for your wholesaling real estate business? Have you ever wondered about those things?
Good news! I have you covered.
In this training article, we’re going to dive deep into these things. We’ll dissect what each strategy is and cover the benefits and negatives of each, and give you a better understanding of everything.
So by the time you’re done reading this, you’ll not only understand the key differences between an assignment of contract and a double close, you’ll also be very confident about which one to use and when. And why. And how!
Are you ready? Here we go…
Do you ever struggle with a simple way of telling people (sellers) WHAT it is that we DO in our real estate business? Do you ever wonder HOW we can quickly and easily bridge the gap between YOU knowing what benefits & service we provide and the SELLER knowing the same? Do you ever wish that someone…somehow…would just provide a nice SCRIPT you can use that will easily explain what we do so that you can simply see if we’re a good fit for the seller & vice-versa? Yes?
Great! Then you’ll be happy to know that this is EXACTLY what I’m providing for you here today, right here on this page! I should have written this a LONG time ago.
So that’s what you’re getting here now. Are you ready? Here we go…
In this special post, we’re going to look at something that’s often overlooked by so many real estate investors, from new to veteran. This “something” can quickly introduce you to a whole new world that you may have not even considered. So stick with me for a few short but valuable minutes as we go through this together, shall we? Let me start by doing something I love to do – ask you a couple quick questions…
Are you tired of struggling to find a good source of motivated seller (or buyer) leads? Feeling like you’re stranded on a deserted island, without anyone around who understands what you do? Are you frustrated because you don’t know anyone in your local area who has had or is having success at this real estate business?
Well, I have some great news for you today…
In this valuable Training Article, we’re going to discuss the Importance of Getting an Authorization to Release Information Form for Communicating with the Seller’s Mortgage Company signed on any deal you get under contract where the seller has an underlying loan on the property.
Driving For Dollars, part 4: Automation & Outsourcing. Plus the thrilling conclusion!