Today I’m going to show you how to flip houses quickly and repeat–creating a pattern and a rhythm so that you can flip fast and make money even faster (and repeatedly).
But….before we dive into that, quickly let me recap from my previous post. When we last met, we introduced the necessary steps to striking a deal with the seller. We talked about how to proceed with deals when the bank is the owner. Then we got into pulling comps and establishing values.
Starting to ring a bell? Good.
But that’s just a glimpse back in time, so I encourage you to rewind and start from the beginning if you need a refresher.
Okay. Ready or not, we’re moving on to tackle the art of the quick sell…
Steps to Sell
Build Your Buyers List
If you want to sell quickly to investors or rehabbers, you need to build
Here we are cruising right along in my 5-step process for quickly turning abandoned property into BIG paychecks. Today, we will begin by talking about the valuable details regarding abandoned homes and the science of striking a deal with the seller.
In my previous post, I gave you a bunch of strategies for finding those elusive motivated sellers. And as you know, some of them are decent options, but I encouraged you to focus solely on skip tracing as the easiest and quickest method.
If you want to check out all of the helpful and informative information about my vacant house deal process that I’ve been sharing over the past few posts, then you can start from the beginning by clicking here.
But first, let me start by reminding you what those 5 steps to the process are:
#1. Spot or Locate the Vacant Houses
#2. Find the Seller
#3. Strike a
Learn my 15 step process for selling wholesale real estate FAST! Discover secrets to finding cash buyers, negotiating good deals & what contract to use for quick cash!
You are so close!
If you are reading this, there is a good probability that you have a property under contract and now you need to know how to sell a house fast.
You are in the process of investing in real estate and you can just about taste a deal coming.
Either way, you are in the right place to become a successful wholesaler!
Wholesaling is one of my favorite investment strategies (especially with distressed properties) and is an excellent way to start your career in the industry.
In this guide, I am going to show you everything you need to know,
Bank deals are different than private seller deals.
Banks scrutinize your offer much more closely… but there is good news!
THERE ARE A TON OF REO DEALS AVAILABLE IN TODAY’S MARKET FOR YOU TO MAKE REAL ESTATE OFFERS ON!
Banks (specifically “REO” departments) do a lot of deals. They are in the trenches every day and get “blown off” all the time.
Because of this they are systematic in their approach…
Their “BS meters” are finely tuned…
You are not going to get away with anything.
You MUST do a double closing because they forbid contract assignments, whereas in a private seller deal, you should do an assignment and avoid a double closing.
Banks want YOU to close
A private seller doesn’t care who closes, as long as it closes under the terms initially agreed upon.
So when you are submitting an offer on a house to a