http://www.REIClub.com - Wholesaling Real Estate Is A Great Investment Strategy For Beginner Investors. Here’s A Quick Video On How To Wholesale Real Estate For Quick Profits...

Wholesaling real estate (aka - flipping)
- Don't take ownership
- Assign the contract to an investor
- Very low risk - little or no money down!

Step 1: Finding Distressed Properties
- Resources
- Profit Margins
- Deposit

Example:
- Retail Market Value - $100,000
- Negotiate price - $60,000
- Repairs - $10k-$15k
- Wholesale Price - $65,000
- YOUR profit = $5k Investor Profit = ~$20k

Step 2: Build Buyers List
- Ads

Step 3: Ways to Close

Assignment
- Name and Title

Double Close
- back-end buyers funds to pay off the original seller!

Traditional Close with Transactional funding
- same Funding you would for a short sale or REO flip

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