Cape Coral Real Estate
Cape Coral Real Estate
Home         About         Properties         News         QR code         Blog         Contact
Flipping contracts  
Hello,

You have seen the Carlton Sheets or Ron Le Grand advertising about making a fortune in the real estate business. And you still wonder if it is true or false.
Well, stop right here, save your money and read this 'No risk, No money, No nothing' way to make money with no money down STEP BY STEP and FOR FREEEEEE!!!.

Let's say you find a property for sale, maybe a 'for sale by owner' or anything else. Do your homework and know how much that property worth. Let assume the property worths $100,000 market value today and the owner wants to sell due to divorce, foreclosure or whatever the reason. The transaction will be easier if the owner is motivated to sell. He is asking $95,000 for quick sale. Make sure this property can sell for around $100,000 easily.
Now do this step by step:

  • Get an offer as low as possible. (Let's say you got it for $86,000)
  • On the contract, buyer is 'Your name AND/OR ASSIGNS'
    Closing date in 60 days (more is even better). It gives you 60 days to try to sell it before to go to closing
    Inspection within 60 days (more is better)
    And you buy the property 'AS IS' with right to inspect.
    Disclose the facts that you do this as an investor, meaning you do that to make money.
  • The next day you advertise that property in the newspaper for $98,000, or $2,000 less than market value. Of course, the highest, the best. But by selling below market value, you will definitely get lots of attention from rehab people and other investor or even buyers.
  • Now or you sell the home for $98,000 and you make an addendum to the contract saying this: -Contract assignment to 'Mr. New Buyer' for a value of $12,000 to be paid at closing.
    This addendum needs to be signed by first seller, by first buyer(you) and by second buyer. At closing, you name does not appear on the deed, the deed will go from first seller to second buyer. You just get your $12,000 check.
  • Or you did not sell within 60 days. So day 50 or 55, you do an inspection and because you bought it 'AS IS' with your right to inspect, you will not buy the property because you will not be happy with the inspection for whatever reason. Lost of inspection fee ($150-$300).

    Claude THOMAS, Realtor®
    Direct : 239-240-7346 (Cell)
    www.1CapeCoral.com

    Rossman Realty Group, Inc
    1104 SE 46th Lane, Suite 2
    Cape Coral, FL 33904
    Off: 239-542-2084
    Fax: 239-542-4184

Pool Improve your home with a new swimming pool. Nationwide Pools offers a wide selection of great priced and high quality pools.
   
Bookmark and Share
 + Contact
Office :
(239) 542-2084
Fax :
(239) 542-4184
Direct :
(239) 240-7346
    my E-mail !
    my vCard !
 + Links
 Home  
 My listings  
 MLS listings  
 Marketing Plan  
 FREE Analysis  
 Resources  
 Local Report  
 Vendors  
 + Featured
4333 SW 1st Pl

$195,000
3 Bedrooms
More details... ]
408 NW 1st St

PENDING
3 Bedrooms
More details... ]
Gatlinburg Real Estate Follow me on Twitter
Cape Coral Real Estate

Home         About         Properties         News         Blog         Contact
Site by Codytech. Copyright © 1995-2010 C. Thomas