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Listen in as David spends time with Creative Real Estate Expert and Famed National Speaker Jason Rodriguez at his home office in Orlando. Jason gives an incredible tip on this one so watch the whole thing!
Wholesaling real estate provides an opportunity for someone to build income with little capital or credit, by simply buying below market value and selling below market value.
Wholesaling real estate (aka - flipping)
- Don't take ownership of that property.
- Assign the contract to another (end) buyer - close deal in your place.
- Very low risk - little or no money down!
- Usually sell to to investors with cash, lines of credit, or hard money loans = quick closings
Some investors call it "wholesaling real estate" others refer to it as "flipping properties." Regardless of the term you use, you can make quick cash from properties you don't own.
http://www.youtube.com/watch?v=IUEsFzjMdLM
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