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...
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...
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....
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....
Foreclosure auctions can be great places for investors to purchase houses to flip at good prices. New auction buyers need to know how to finance a foreclosure auction purchase once they have the winning bid. We dive into the details in this article....
New real estate investors interested in sheriff sale auctions should know there are differences between the types of auctions out there. In this article, we will discuss what makes a sheriff sale auction, including what it is and how different aspects vary between...
Are auction homes cash only? Or do auction companies take guaranteed funding from other sources? This post addresses this particular question. Getting the funds needed to buy a home at auction is not necessarily easy. And the type of funds that an auction requires...
This article describes who is involved in a foreclosure auction and what their roles are. There can be multiple participants who are directly or indirectly involved. It helps to understand their role and motivations to ensure you’re successful!...
Foreclosures versus short sale homes have been a longstanding debate in real estate investing. Below is a comprehensive list of differences that can help you better understand which option is most suitable for your real estate investment strategy. Foreclosure.comFIND...
Real estate investors are always looking for great deals. A great place to find them is real estate auctions because the properties may not be listed on the MLS, so there is less competition from other buyers. The problem is most investors that are first starting...
New real estate investors often want to know how to get foreclosure listings without spending lots of time and money. There are many places to get inexpensive or free foreclosure listings. Here’s a quick list below. Government Websites Government websites are...
In comparison to HUD houses, wholesale houses are definitely a better option if you're looking for high profits. If you are wondering how and why, then continue reading... HUD Homes—What are They? As compared to conventional loans, an FHA loan is easier to qualify for...
Are you interested in earning quick money through real estate wholesaling? Want to learn the process? Then, you have come to the right place. In today’s post, we’ll walk you through all the steps of wholesaling houses. Take a look: Wholesaling Houses: How It’s Done In...
If you’re looking for an avenue to make quick money and build your equity over time, then wholesale houses is your best option. This is a legit real estate investing strategy that helps new real estate investors enter the industry without any risk. But, more...
Yes, you can wholesale houses without a limited liability company (LLC). However, it is advisable to create an LLC and then wholesale houses. Many wholesalers, unfortunately, make the critical mistake of not creating or procrastinating on setting up an LLC. This often...
The concept of wholesaling houses revolves around making money out of distressed properties. They are completely opposite of MLS (Multiple Listing Services) properties. MLS properties are retail properties that are sold to retail buyers through either cash or...
New wholesalers often find it difficult to determine if they should wholesale houses with mortgages. If you are in a similar situation and don’t know what to do, then you have come to the right place. In today’s post, we will explain whether it is feasible or not. So,...
If you have been told that it’s illegal to practice wholesaling without a license, you are in for a real surprise. Although wholesaling houses is legal, it can also be performed by unlicensed investors. The fact is that it doesn’t make a difference whether an investor...
Real estate wholesaling is a controversial topic because of its legality issues. However, what makes it even more controversial is when realtors act as wholesalers. The truth of the matter is that wholesaling houses is a legal real estate investing strategy. Real...
Did you know that real estate wholesaling is the easiest way to enter the industry right now? There are no capital, cash or credit score requirements. The best part is that you can make profits quickly. No wonder real estate wholesaling is skyrocketing in popularity....
When dealing with real estate wholesaling, the first part of the process is to draw up a contract. This contract is also known as a ‘Purchase Agreement’ and is made between a motivated seller and a wholesaler. It gives the wholesaler the right to have control over...
Although property investment is an excellent way to build your equity, holding it can expose you to several risks. These risks may include vandalism, market swings and natural disasters like earthquakes and hurricanes. Needless to say, the everyday challenges related...
Are you new to the real estate industry? Do you have little or no investment capital? Then we’d advise you to opt for wholesaling houses over fix and flip properties. Although fix and flip houses offer high ROIs, the process requires a great deal of experience and...
‘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,...
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...
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...
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...
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...
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...
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...
“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...