‘Are wholesale houses better than foreclosures?’ is definitely a tricky question. It can’t be answered in a simple ‘yes’ or ‘no’. The reason is that foreclosures have their own pros and cons. Often, wholesalers tap into foreclosures to make money. In other words, wholesalers contract foreclosures and then wholesale them to cash buyers to take … Read more
Real estate wholesaling strategy may seem like a scam to many people for different reasons. For example, there is practically nothing to lose or any risk involved. Wholesalers can enter the market without making any investment. They can even benefit from this strategy, regardless of what their credit score may be. Since it sounds too … Read more
Wholesaling houses is one of the best and easiest ways to enter the real estate industry. This investment strategy doesn’t require any capital, investment or a good credit score either. Although it is a great way to get your foot in the housing sector door, it does require hard work. New wholesalers need to know … Read more
One of the best parts about real estate wholesaling is that you don’t need to make a huge capital investment. Since the property is contracted between the seller and the wholesaler, all you have to do is find a cash buyer. However, this needs to be done in a pre-decided time frame before the expiration … Read more
For those who are wondering whether wholesale houses are better than REO properties, then this post is must-read for you. In this post, we’ll help you evaluate both options so that you can make an informed investment decision. Wholesale Houses vs. REO Properties—How are They Different? Wholesale houses are distressed or undervalued properties owned by … Read more
If you’re considering dealing in wholesaling houses, then you need to target the right people. It is important to find potential property buyers fast before the contract with the home seller expires. In real estate wholesaling, it is critical to find cash buyers. This is because cash buyers are ready to purchase houses immediately without … Read more
Interested in earning through real estate, but don’t have the money to invest? Don’t want to deal with landlord related duties and hassle either? Then real estate wholesaling is the best choice for you. Real estate wholesaling is a short term business strategy that involves the selling of wholesale houses. If you want to know … Read more
“Should I flip wholesale houses?” This is one of the first questions people ask when thinking about doing short term real estate deals. There are pros and cons to wholesaling that should be considered before starting this type of business. Deciding between buying & flipping and wholesaling houses can be challenging because both can be … Read more
Finding a great real estate deal can be time-consuming. But if you’ve successfully surpassed this obstacle, then sit down with the seller to explain your intent and put the house under contract. At this point, you can make your offer to the seller, but you need to explain your intent to them. This will help … Read more
Indeed wholesale houses represent a fantastic opportunity for wholesalers to make money with zero investment. However, these properties are not readily available so searching the MLS won’t do the trick. In order to find a wholesale house you need to do some legwork. And this is exactly what we’ll teach you in today’s post. How … Read more
Real estate buying and selling is one of the best ways to build your equity. But it is risky, especially if you are new to the industry—with no prior experience or expertise. However, to minimize the risk and start earning, consider real estate wholesaling. This is possibly the safest and fastest way to make money … Read more
How to use a home repair cost estimator is just one of the many skills to have when flipping houses. This is because the most important considerations regarding successful house flip projects are the investment and carrying costs. Flipping houses involves buying a house, fixing it up, and then reselling it for a profit. Professional … Read more
Whether you are a seller or a buyer, when dealing with a short sale house, it can be complicated to deal with liens. Knowing how to eliminate liens on a short sale house can help alleviate these issues and speed up the purchase. Why You Must Eliminate Liens From a Short Sale House It is … Read more
With the right of redemption a borrower (mortgagor), or a third party who purchases the right, can reclaim a property during foreclosure or after a foreclosure auction sale. In this article we discuss who can exercise the right of redemption and how it affects the debtor, lender and buyer in a foreclosure sale situation. The … Read more
This article discusses how to buy a short sale house from the homeowner, how short sale transactions work, and essential steps for success. House flippers are always interested in getting a great deal on a home. Purchasing short sales can be very profitable if done right. However, this is only true if the buyer understands … Read more
The right of redemption can cause a real estate investor to have to give back the property they win at a foreclosure auction to the original homeowner. Which are the states with right of redemption? Read on find out… What is the Right of Redemption? The right of redemption gives a homeowner that is in … Read more
Flipping REOs can be a very profitable endeavor. The key is knowing the process and the ways to do it effectively. What are REOs? REOs (Real Estate Owned) are properties owned (or “taken back”) by a lender after the sale at a foreclosure auction did not succeed. Lenders that have REOs include banks, government loan … Read more
Is it possible to get a mortgage on a house bought at a foreclosure auction? This article describes how to do it right. Foreclosure.comFIND FORECLOSURES. Up To 50% Off! Requirements to Mortgage a House Bought at a Foreclosure Auction It is definitely possible to get a mortgage loan on a house that was purchased in … Read more
There are many factors to consider when buying a home to flip at a foreclosure auction. One key factor is estimating the right price when buying houses at foreclosure auction, regardless of whether you’re in a rising or a falling real estate market. Foreclosure.comFIND FORECLOSURES. Up To 50% Off! Contrary to common wisdom, it’s not … Read more
HOA foreclosure auctions are one potential source to buy houses to flip. What is a HOA foreclosure auction and how do they work? Owners of houses, condominiums and town homes that belong to a homeowner’s association (HOA) must pay monthly HOA fees and assessments. These fees and assessments can lead to a HOA foreclosure auction … Read more