MAKING MAILBOX MONEY WITH REAL ESTATE
Be a LENDER, not a LANDLORD
Investing in real estate is very popular today and many people try buying and flipping houses.
As it became harder to find a good deal, people use real estate wholesellers to buy a property. And that’s how it works: a wholeseller uses his knowledge, skills, marketing to find a discount property and locks a deal with a contract. Then he assigns this contract to a real estate investor or a wannabe the one for a fee, normally 5K-20K. Besides all the risk, now you have a high holding cost paying PITI, utilities, repairs, landscaping, commissions and having all responsibilities, liabilities, stress and time consumption associated with that property. 85% of first timers lose money.
Creating mailbox money is one of the best uses of your time. It creates stability and gives you a piece of mind. If you lose your job/business, you need a substitute of your income.
Our wholesellers assign a contract without any fees and with a buyer in place to purchase the home with owner financing. That means no holding cost for you and immediate cash flow.
Using your credit power you acquire a home at 5% interest and owner finance it with 8.9% immediately.
The home is sold before you buy it!
Your net out of pocket is 10% of the purchase price. A wholeseller puts another 10% and pays all closing cost. How is that? You can’t beat that.