Here is a way to get started in real estate investing with literally no money down.
Let's say you don't really have the cash (yet!) to buy these great deals that are popping up everywhere. Well, there's a way you can get around that. It's called assignment.
You find the deal, tie it up with a sales contract that includes an assignment clause, and then assign it over the new buyer for a higher price. So, for example, ...you find a great fixer-upper in your neighborhood ...the seller is motivated and has to sell. He'll let it go for $150,000. You know the home is really worth $180,000. So, you write a contract for $150,000, and assign it to a new buyer for $180,000. You just made $30,000, and you never even had to "buy" the house.
That's a simple scenario...you will want to learn more...Click Here!
Comments