A Tried and True Business Model…Revamped — Wholesaling In 2011

Message from HMB Cribs Bloggers:

This is the first of a few blog posts about an “oldie but goodie” real estate investing strategy—

WHOLESALING

It’s still around and still great, but a few things have changed.  We are going to put up a couple posts with good, free info about selling real estate wholesale, followed by a FREE webinar with the Real Estate Goddess herself–

VENA JONES-COX

The national authority on wholesale real estate investing, a well-known real estate teacher, and host of her own radio show.

The webinar will be at 8pm ET on Thursday, 3/31. It will fill up quick so sign up here now:

HOW TO MAKE A SIX FIGURE INCOME WHOLESALING IN 2011

http://bit.ly/FlipMore –Click here to sign up

For those who have not closed a Wholesale deal before, please continue reading:

WHOLESALE REAL ESTATE INVESTING 101:

The quickest and easiest way to make money in real estate without using your own cash, credit or even taking on any risk.

The mechanics of the transaction go about like this:

-You find a seller willing to sell to you at a below-market price

-You determine what repairs it needs, what that will costand how much the after-repaired value is (ARV)

-Based on those numbers (more on that calculation later) you put the property under contract with a very small deposit, like $100.

-You find a real estate investor who wants to acquire the property for either resale or rental and you assign him the contract for a fee (typically 5k-20k)

-The deal goes to settlement and you get paid.

Sounds pretty sweet, doesn’t it?  It is.  You get a fat check without using your own cash, credit or anything.
We at HMB have wholesaled dozens of property and Vena has wholesaled hundreds…at least.

Wanna learn how?  And if you already know how, wanna learn the 2011 tricks?

Stay tuned for more blog posts followed by the big webinar next Thursday 3/31 at 8pm.

Later!

HOW TO MAKE A SIX FIGURE INCOME WHOLESALING IN 2011

http://bit.ly/FlipMore –Click here to sign up