Make Money Flipping Real Estate

You dont need money. You dont need credit. You can make anywhere from $3,000-10,000 per real estate deal you flip to another investor. Its a concept that is simple to understand. The hardest part for beginners to understand is that it does take some work and you will need to market yourself in a way or another to find distressed properties and distressed owners.

By marketing I mean yard signs, magnetic car signs, billboards, flyers, classified ads, etc. Put a number that they can call you at. The most common signs and advertising that youve probably seen in your neighborhoods are the We buy Houses signs or We buy Ugly Houses.

Motivated sellers have a problem and these are the problems they could be facing such as foreclosures, bankruptcy, divorce, probate, trustee sale, evictions, vacant property, vandalism, old fixer upper, etc. Because of their problems they are willing to sell the property at a discount so they can get rid of it faster. If the sellers listed it on the MLS with a real estate agent they may have to wait a few months. Sometimes they dont have that kind of time to wait around. Or they need the cash for medical bills or they need money for something urgent.

After you find the distressed owners and get them to sign a purchase contract you will have to find a real estate investor to flip the contract. You can assign the contract to them and let them start the escrow process. To find a real estate investor, join local real estate investment clubs or put an ad in the newspaper classified Looking for Real Estate Investors Wholesaler has deals under contract and your phone number. Youll get calls from real estate investors all day long.

Make sure the price for the property that you got under contract is 70% or less of the current market value for that type of property in that area. If you dont know what they values of houses in your neighborhood or the areas you want to find deals in, then do your research. Talk to some agents, or call them up and ask. Or you can see what the recent sales in that area were and how much the properties sold for. When in doubt, negotiate as much of a discount as you can.

If you're looking for a hard money investor to fund your deals, here's how to find them.
Find a Hard Money Investor.

Here's a easy Real Estate Investing Tip that you can use and implement right away.

Here's a listing of Hard Money Lenders. Hard Money For Real Estate

Visit Hard Money Land Loans if you live in other states after letter M.

How to find Private Money Investors.