There Are
4
Major Ways To Profit
In Quick-Turn Real
Estate
Wholesaling
Purchasing houses
(usually needing
repairs), at
discounted prices
and quickly passing
them to bargain
hunters well below
retail value.
Retailing
Purchasing houses at
a bargain prices,
repairing and
rebating them and
selling to the end
user for all cash
with new financing.
Taking
Ownership (For Sale
By Owner)
Owning
pretty houses in
lovely areas by
taking over existing
debt "Subject To"
the mortgage in a
land trust. Creating
seller carry back
financing or a
combination of the
two.
Lease
Options & Options
Taking control of a
property by leasing
it from the seller
and retaining the
option to purchase
at an agreed upon
price and terms. In
addition you must
have the right to
sub-lease it to a
tenant/buyer, giving
them the right to
purchase from you.