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REAL ESTATE INVESTING Real Estate Investing Guide for Beginners PROFIT FROM WITH ZERO MONEY OUT OF POCKET

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REAL ESTATE INVESTING

Real Estate Investing Guide for Beginners

PROFIT FROM

WITH ZERO MONEY OUT OF POCKET

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Legal Disclaimer: This document is not intended as legal real estate investment advice. The reader ofthis document assumes all responsibility for the use of this information, which is here for educationalpurposes only. The author of this eBook assumes no responsibility or liability whatsoever on behalf ofany reader of these materials. The amounts of money mentioned are NOT in any form a guarantee ofincome and your individual results will vary depending on your own efforts.

 

Table Of Contents

Learn How YOU Can Buy Houses With ZEROMoney Out of Pocket and NO Credit Check!

PROFIT FROM REAL ESTATE INVESTING AND MAKE THOUSANDS EVERY SINGLE MONTH.

Real Estate Investing Options 01

Little to No Capital Required 02

Wholesaling or Rehabbing? 04

Pro�t from Wholesaling 07

Tips for a Proper Wholesaling Transaction 08

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PROFIT FROM REAL ESTATE INVESTING WITH ZERO MONEY OUT OF POCKET

Real Estate Investing OptionsWithout a doubt getting into real estate investing has  proven to be a very pro�tableexercise because people that have entered into this line of business have made tons ofmoney. However, there is more to real estate investing than simply making moneybecause you should also derive pleasure from your pursuit of investing in real estate.

There are all kinds of avenues available to those that are considering real estate as alikely method of investing in the future. And why on earth shouldn't you? This is one waythat millionaires around the world will agree to build a massive fortune quickly.

At the same time, real estate can be a very risky venture for business so you need to havea few more stable methods of bringing in money in order to have a truly diverse portfolioand a better security system for your �nancial future. Even within the world of real estateinvestment, you will �nd di�erent manners of investing and each bears di�erent risks.

Commercial real estate is sometimes a good place to begin because it is relatively securewhen compared to some of the other forms of real estate investing. The drawback withcommercial real estate is that it requires a massive investment, to begin with. This issomething that many real estate investors do not even consider until they have built asizable portfolio and have plenty of money to risk. 

House �ipping is becoming a popular form of real estate investing and many people havediscovered that this is also a great way to make or spend money very quickly. This is ahigh-risk venture, to say the least, but the rewards are equally high when a �ip goes well.You will have to decide for yourself if you are willing to take the gamble as house �ips arepart skill and part luck.

Considering residential rental properties and becoming a landlord is  perhaps not asglitzy as owning business properties throughout the city or �ipping fabulous propertiesfor instant pro�ts but, it is a great way to work yourself into a rather comfortableretirement. This is a long-term type of real estate investment but the payo�s can berewarding when all is said and done. For the cautious real estate investor, this is a worthytype of real estate investment to pursue.

Lease or rent-to-own purchases can often bring better pro�ts. For many real estateowners, this is preferable to straight-up renting for many reasons. First of all, those whohope to own their homes are much more likely to take better care of their homes thanthose who are just renting. This means that even if for some reason they decide to moveelsewhere and do not complete the purchase you are less likely to need extensive repairsbefore you can move along to the next client. You can charge a little more than rentapplying a certain amount of the monthly rent to the purchase price or down payment ofthe home, and you can actually be helping a family that might have hit a trouble spotalong the way to achieve the American dream of homeownership.

Real estate investing is a great way to build great fortunes. and you must decide whereyou want to begin your journey into this lucrative �eld. Remember that once you'vebegun your real estate investment career it is a good idea to utilize more than one typeof investment for the sake of diversity and spreading the risks, as this is a volatile market.

Real Estate Investing Guide for Beginners # 1

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PROFIT FROM REAL ESTATE INVESTING WITH ZERO MONEY OUT OF POCKET

Little to No Capital Required

The one type of real estate investing that  lays the foundation for all other types of realestate investments is called wholesaling which is a way you can earn some quick cash,without having to spend any of your own money, use your own credit, or even buy aproperty at all.

As far as wholesaling homes and real estate investing go, it requires nothing more thanto get control of properties, which are then marketed and sold to the investors that haveenough cash. It is also a lot better way of making money than say, rehabbing propertiesin which you would need to wait six to eight months before you realize any seriousmoney.

Essentially, wholesaling homes require that you locate lucrative looking deals and it alsomeans having to market these homes mainly to those who are involved in rehabbing aswell as retailing properties. The fact of the matter is that �rst buyers are always on thelookout to make a small though quick pro�t and will generally pass over the biggerpro�ts to those who are indulging in real estate investing because they do not have thetime, money, and patience to repair properties that they have bought. And they alsodon’t wish or cannot a�ord to wait for months until the property can be sold after it hasbeen properly rehabbed.

In fact, it is quite common to earn as much as ten to �fteen thousand dollars per monthfrom wholesaling homes and all it takes is to work as little as twenty hours in the weekand without having to work over the weekends. If you are thinking about real estateinvesting you should also consider wholesaling homes because it is a great business thatdoes not require much capital and there is also little need to get credit and, best of all, itis quite simple to learn the ropes. All you would need is having an investor list or two andwithin a short span of time, you could be making good money.

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Thus, if you were considering real estate investing and more particularly wholesalinghomes, you would want to buy the property and resell it as soon as possible and maybemake one or two quick deals each month. Such types of deals do not require that youhave much money or credit and there are also no bosses to answer to. What it reallyinvolves is being able to locate a good deal and having someone to buy a property fromyou.

Actually, �nding bargain buyers is not very di�cult and the entire wholesaling of homes

can be completed in just three weeks from start to completion of the deal. However,

remember that in this form of real estate investing you need to ensure that you do not

pay more than is necessary for a property and also ensure that you allow for enough

scope for making a pro�t when selling to bargain hunters. Also, try to close the deal as

soon as you can and for cash only and try to avoid buyers who want to buy through bank

guarantees because that would mean delays in getting loans sanctioned and that is not

good when wholesaling homes.

The bottom line is that wholesaling homes is a simple form of real estate investing and it

does not require any great learning to get into this form of business. With a little luck and

plenty of perseverance and hard work, you can easily turn ten deals each month and

thus make a tidy pro�t as well.

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This topic has been one of heated debate for quite some time now. You have the “Die

Hard” Wholesalers, your Rehabbers, and Landlords that all feel that their strategy is the

best. Probably the best way to describe where everything �ts in, it’s to think of a triangle.

If you look at Real Estate like a triangle you’ll see that on one side we have rehabs, on

another side we have Rental Property and on the last side of the triangle, we have

wholesaling.

PROFIT FROM REAL ESTATE INVESTING WITH ZERO MONEY OUT OF POCKET

Wholesaling vs. RehabWholesaling  is the bottom side of thetriangle, the foundation that quickly injectslarge chunks of capital into your homebuying business.

This is the capital that you’ll be using togrow your business and purchase long-term wealth vehicles like Rental Propertieslater on.

This is the best strategy for beginners andI wouldn’t recommend trying to do any ofthe other real estate investing strategiesuntil you’ve had a few wholesale dealsunder your belt.

Wholesaling properties is by far the easiestand fastest way for a new real estateinvestor to go from $0 to $20,000 in 30 – 45days.

It won’t take you long to get to the pointwhere you’re making $10,000 to $20,000checks each and every month (or everyweek), only working a few hours a day.

That’s probably one of the greatestbene�ts that you’ll �nd when wholesalingReal Estate. 

Who wants to worry about �xing junkproperties or unclogging toilets? This is astrategy that you can put on autopilot ifyou  learn, follow and implement  all theappropriate systems.

Real Estate Investing Guide for Beginners # 4

Wholesaling or Rehabbing?

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If done properly, you should only need to show up to Close The Deal and then pick up

your check at the title company. Remember that time is your most valuable asset!

Once you've created your real estate investors list, it won't be hard for you to move these

deals in a short amount of time, normally within 10 to 15 days. Your buyers will be paying

with All Cash and �nancing is not an issue.

Wholesaling is much easier than selling to an “End Buyer”. In a slower Real Estate Market,

it may literally take two to three months for you to �nd a quali�ed end buyer who wants

to buy the property.

Remember that the keyword here is “QUALIFIED BUYER”. When you’re dealing with other

investors you know that they either have cash or hard money, and �nancing isn’t a big

issue.

On a transaction with an end buyer, you’re going to get interested people with various

�nancing issues and you’re the one that has to worry about getting the deal closed.

Once you �nd a buyer, you've got to get their loan approved, then have to get the loan

taken care of, get the appraisal, and all the other things that come with a regular retail

buyer, and at the beginning, you want to make sure you can move and close your deals

fast.

That brings me to another reason why I recommend wholesaling real estate over

rehabbing for beginners. When you buy, �x and resell real estate, you’re committed to

the property. Once you close on that baby it’s yours. The Good And The Bad! If some

unforeseen problem arises (It always does), you’re going to be the one that carries the

expense. If you’re rehabbing a property, you  have to start by hiring a contractor or

handyman, who will do all the repairs to the property, while you will have to market the

property and go through the process with the end buyer. All of this may take a long time,

and you are the one carrying the costs. Every day that this property remains in your

possession, money is pouring out of your wallet.

PROFIT FROM REAL ESTATE INVESTING WITH ZERO MONEY OUT OF POCKET

Real Estate Investing Guide for Beginners # 5

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In a wholesale deal, all that you are really doing is getting control of the property. You

would simply take the same property that you would normally buy and rehab, and get it

under contract. Then, you’re taking that contract, marketing it, and selling it to other

investors that want to take on the project. There are investors out there that prefer

doing rehabs. These are investors who have the cash to pay and who don't mind waiting

six months to do a rehab. There are also investors that want to do a deal, but are

horrible at talking to sellers and would not be able to secure the pricing that you can.

These Rehabbers have no problem paying you an “assignment fee” (the amount that you

pocket when you sell your contract) because they understand that it is a cost of doing

business for them.

The Rehabber will generally net more than a wholesaler but look back at all of the risk

and time associated with doing a rehab. The average, depending upon your location is

between $25,000 to $40,000 and at times even more. But most wholesale deals are going

to net you anywhere between $10,000 and $20,000. Usually about half of what the

average Rehabber makes per deal. However, unlike the rehabber, as a wholesaler, you

have more control over the amount of money you earn. The best part of wholesaling is

that your pay is directly proportionate to your ability to put deals together and not how

much time or physical labor you have in a deal. As you get better at negotiating, you’ll be

getting properties under contract for less and less, allowing you to sell the contract for

more and more.

I would personally rather do four wholesales and spend less time than to wait six to eight

months for a single rehab to cash out. Even if you’re in a position to wait that long, is it

really worth the risk? That’s the question that you need to ask your self when deciding

which real estate investment strategy you want to take on. Exactly how much risk are you

willing to accept?

PROFIT FROM REAL ESTATE INVESTING WITH ZERO MONEY OUT OF POCKET

Real Estate Investing Guide for Beginners # 6

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The �rst purchaser is willing to take a smaller, fast pro�t and leave the larger pro�tto an investor with the time and money to buy, repair, and sit on the house untilit’s sold.

Some people are making a good income by buying and then reselling immediatelyonly once or twice a month. These deals require no money, no credit, and nobosses. Believe me, if you locate a deal, someone is waiting to buy it from you.

 

Finding bargains for bargain hunters is the easiest and quickest way I know to pickup a check for at least $5000. 

Pro�t from WholesalingWholesaling in real estate is an entirebusiness in itself and generates super-fastpro�ts, usually without ever acquiring thetitle on the property.

It’s not uncommon to pick up a check atclosing, with the seller and buyer presentat the same time. Many times I haveearned thousands of dollars within two orthree days of �nding a deal.

Successful people in the wholesalebusiness are accomplished at locatinggood deals and marketing them, primarilyto people who are in the rehabbing andretailing business.

Real Estate Investing Guide for Beginners # 7

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Tips for a Proper Wholesaling Transaction

Real Estate Investing Guide for Beginners # 8

The wholesaling process shouldn’t take more than 15 to 20 days from the beginning to

the end. These are some important tips to follow for a proper wholesaling transaction:

1. Don’t pay too much. Remember, you’re selling to bargain hunters. Leave them plenty

of room to make a pro�t or you won’t �nd a buyer. That means they should net at least

20 percent of the sales price after all expenses.

2. Your only exit is to sell for all cash quickly. Make sure your buyers can get the cash and

aren’t relying on bank �nancing. Don’t allow buyers to learn banks won’t �nance junkers

at your expense. If a buyer can’t close in 15 days or less, �nd another buyer.

3. Use an assignment of contract and let your closing agent collect your fee.

There’s really not that much to learn about wholesaling. It’s an easy real estate business.

Many people are doing one to ten deals a month and netting a decent earning. Some

make more on one wholesale deal than most people make in a year on their job.

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READY TO LEARN HOW TO BUY HOUSESWITH ZERO MONEY OUT OF POCKET?

Pro�t from Real Estate Investing andMake Thousands Every Single Month!