If you are just looking to get started in real estate investing, wholesaling houses might be your best option! You can do this with very little to no money down & make huge profits! So, how do you get started?
The first step in wholesaling real estate is to become educated. You don't want to be known as the investor who says you are going to close & then at the last second you have to back out because you realize the property is not a good deal. If you say you're going to buy a house & have a contractual obligation, you better go through with the purchase.
Now, how do you become educated? The biggest resource nowadays is either online via Youtube, or actually attend or sign up for other Real Estate Investors courses on how to get into the business. Most of the time the courses are $500-$5000 but they will teach you everything you need to know to get into the business. Personally, I went the course route & believe it was the best investment I could have made.
After you learn the basics then you need to start marketing for homeowners & cash buyers. The homeowners to actually make a deal happen & the cash buyers you will be assigning your contract to once you have a deal. If you don't have at least 150+ cash buyers, I would recommend using the tool called propstream.com
This is a great resource to build your cash buyer database at a rapid pace. Once you get the deal under contract you will need to schedule a time with the owner to bring your investor partners through aka your cash buyers. Make sure you disclose to the seller what you are doing so they are fully aware of what is taking place. The last thing you need is a lawsuit because you didn't disclose the right information.
If you want to be mentored 1 on 1 & the cost of mentorship is the splitting of your first 3 deals please reach out to us at 920-215-4201
Thanks for reading!
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