Michael Contaro asked:


Looking for a place where you could sell your items for a profit? Why don’t you have a try at eBay.com and see your profit grow on every sale that you will make out of your items.

EBay is popular to almost everybody. It caters to different types of individuals-hobbyists, traders, computer programmer, accountant, design engineers, ‘buy and sell’ investors, and others. In eBay, you will find millions of items of varying kinds that are listed, bought, and sold everyday. Anything-from Barbie or Bratz dolls, computer software, antique furniture, vehicles of old or new models, and others-can be sold as long as it is not illegal or illegally acquired (in case the item is purchased from another individual) and does not violate eBay’s Prohibited and Restricted Items policy.

Through eBay, there is a chance that you will be able to get rare items for your collection. Through eBay, there is a chance that you will be able to obtain modern technology merchandises (such as laptop computers, digital MP3 players, and latest mobile phone models) in a competitive price. Through eBay, there is a chance that you will be able to generate profit out of your items compared to selling it on a garage sale.

Through eBay, almost every goal is possible to achieve.

Majority of the items sold on eBay are from private merchants who end up selling such items to other private users. When you try to search this auction site, you will also notice that most of the auctions or deals are for single items. Although majority of items sold are from private sellers to private buyers, the existence of growing ‘business to business’ market on eBay is present. One of which is the wholesale business, where wholesalers are using eBay to sell merchandises in bulk or in large quantities (thus, the term ‘wholesale’ is applied) to resellers.

Wholesalers also understand that though there are individuals searching for different items for their own consumption, there are also individuals who are also looking for different items for resale purposes.

Thus, if you are an eBay seller, specialty shop owner, flea market vendor, or even a wholesaler, you will be able to find good wholesale deals on items that you need using eBay. The online auction site provides a sub-category for wholesale, thus you will easily find listed merchandises for sale on eBay. For instance, if you are a eBay wholesaler of toys, all you need to do is to visit the toys category and click the sub-category ‘wholesale’. From there, you will be able to see the wholesale deals for a specific kind of item or merchandise.

Probably you are wondering why there are individuals who does not simply purchase at wholesale yet they will resell on individual lots. Part of the reason is that many eBay sellers do not have the capability of storing large quantities of items or money to purchase large lots. However, if you have the capability of storing large quantities of items and some additional money to spend, you should think about purchasing wholesale lots on eBay and then selling it on individual lots later on.

In most cases, eBay wholesale purchases are set on low price compared on individual lots. Once you have made the purchase, you can take better images and write the best possible description for that item or merchandise, and sell it for twice the price of what you have paid for it.

There are always good wholesale deals on eBay. You will be able to maximize your business potential as well as revenues if you consider purchasing wholesale lots on eBay.

Eddie Case asked:


You’re all excited and fired up about getting started in real estate investing! You have chosen to specialize in real estate wholesaling, CONGRATULATIONS! You have chosen the absolute BEST real estate investing vehicle available to new investors!

 

Why is it the best? Its best for a lot of reasons but the 3 best reasons to wholesale real estate are:

 

1.) There is Zero Risk involved with this type of investing. 2.) You need none of your own money to get started as a wholesaler 3.) Your credit rating is NOT a factor, it NEVER even comes into play!

 

And if that’s not enough to get you totally excited about real estate wholesaling then the potential of earning a realistic high 6 and 7 figure income should push you right over top!

 

Now for some sobering news. Although real estate wholesaling can make you fabulously wealthy as an investor, it’s “no free lunch”. What I mean is, there is a good deal to learn about real estate wholesaling first. You must first do your homework and prepare yourself for the wholesaling road ahead.

 

You must first familiarize yourself with the “business model” of wholesaling real estate. There are a few key areas that surrounds a typical real estate wholesale deal that you MUST understand thoroughly and then implement successfully to make this wholesaling machine work properly and profitably.

 

At the very least you should understand the following wholesale deal related procedures:

 

- Learning your market – Finding Investors so you can wholesale your properties – How to “talk to your investors” intelligently – How to find Great deals on wholesale priced property – How to make purchase offers on property – How to structure the wholesale deal between the buyers and the sellers – How to write a wholesale deal sales contract – How to use private money and Hard money to your advantage – How to calculate Repair cost to distressed property – How to use assignment contracts – How to build a “killer” investor buyers list – How and where to market your wholesaling business for the world to see!

 

These are just a few of the many different facets that make up a completed real estate wholesale deal! There really are few things that you must thoroughly understand and then be implementing to make this business work right fro m the gate.

 

I get really upset, no that’s not strong enough, I get fuming pissed-off when I see all of the pretend experts and fake gurus out there pumping false information to unassuming victims who buy-in to these crooks lies!

 

I remember when I first got into the wholesale business, I spent a lot of money chasing a few of these individuals to the ends of the earth only to find out that I had been scammed! Only to wake up one day and realize that my money had been stolen from me, and that I was right back where I had originally started. With no real direction on which way to go as a real estate investor want-to-be, and not knowing who to trust to get me where I wanted to go.

 

It wasn’t until I met the one person who was true a practicing real estate wholesaler that the “light-bulb” finally came on for me. It took me finding an “honest to god” real wholesaler to show me the ropes to make real sense of this business we call wholesaling. And then within a very short time I was wholesaling my **** off banking BIG money, and having the time of my life in the process! All it took was some Real direction from someone who was an expert and from someone who truly cared about my success as much as I did!

 

Real estate wholesaling is no different than any other business that you get into. You must understand how it really works first! Or, its never going to make you any money. I have started and operated 13 different companies over the last 25 years and I am speaking from pure experience when I’m telling you this! I learned the hard way, but you do not have too!

 

You can learn a lot from avoiding the same mistakes that other before you have made. You can save so much time and money learning from other peoples mistakes. By listening to what other successful investors have to tell you about their learning experiences, you can avoid 90% or more of the typical mistakes that most “Newbies will make. And you will make mistakes!

 

Wholesaling real estate is an awesome vehicle to FAST CASH! A successful wholesaler can make $ 250,000.00 to $ 1,000,000.00 %2B per year! A “Luke warm” wholesaler can easily make $ 75,000.00 to $ 100,000.00 a year. The money is there if you know how to wholesale correctly. But its a business, not a hobby. And to do it right you need to know how to setup the business correctly, and then run the business correctly, or it ain’t going to work, meaning, you ain’t going to make much money! Sorry, but that’s a fact jack!

 

I specialize in helping new and some seasoned investors break into the real estate wholesaling business “hardcore and full time”, and do it the right way the first time.

 

Visit: www.FAQMentor.com for 20 FREE Real estate wholesaling FAQ’S!

 

Eddie Case asked:


Almost all of the properties that wholesalers will \”put under contract\” will need some degree of repair work. These repairs can range from some new carpet and paint to a complete \”gut job\” where you will have to remodel the entire house inside and out!

Unfortunately we as wholesalers MUST be able to calculate the rehab dollar amount. We must be able to plug this critical \”Rehab Value\” into our Wholesale Formula Spread Sheets. These spreadsheets tells the wholesaler if he has a real deal on his plate or not!

More on how to calculate your spreadsheet numbers some other time! But for now, just know that this rehab dollar amount is a critical variable when figuring out how much you will offer on the property you are looking at!

So, if you know absolutely nothing about estimating repairs on a rehab project this could be a problem for you. So here\’s what I suggest you do if your new to the business. CALL A CONTRACTOR TO HELP YOU CALCULATE THE REHAB COSTS! Then, open up your ears and your eye\’s and pay attention to what the contractor tells you about the project at hand.

Estimating repairs is not rocket science. It just takes a little practice to get it right! I suggest that new investors should be walking through as many distressed properties as they can with a notepad, a tape measure, and an open mind! I can teach anyone in 30 Days or less, how to calculate rehab numbers and have excellent ballpark repair numbers on just about any project.

I have put together some generic project cost sheets that will help put 90 % or more of the repair totals together for you. Just plug my numbers into your Rehab Value Spreadsheet and you will be more than on your way to arriving at the complete project cost totals that you will need. In my e-book \”Wholesaling Smarts\” I have included this project estimating cost sheet.

You may have to pay your contractor a few bucks for the first few estimates, but do it anyway! Think of it as the price of an education! While the contractor is doing his thing, you should run your own numbers using the cost estimating sheet in my e-book. Then, after the contractor has given you his numbers, compare them to yours to see how you did on your project total. Be patient, it will take some practice, but anyone can learn how to estimate like a pro! After a while, you will never need to call the contractor again, I promise!

YOU MUST HAVE AN ACURATE REHAB COST VALUE TO PLUG INTO YOUR WHOLESALE DEAL SPREADSHEET, WHETHER YOU ARE ESTIMATING THE REAPIRS OR YOUR CONTRACTOR IS DOING IT FOR YOU. IT\’S AN EVIL NESSESSITY THAT ALL WHOLESALERS MUST CONTEND WITH IF THEY WANT TO BE SUCCESSFUL WHOLESALERS!

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Steve Oneskms asked:


Whether you already have a business or you want to start a business of your own, you can benefit by purchasing products or supplies that are needed through wholesalers. Buying wholesale is a great idea, and wholesalers have much to offer businesses today. However, it is important that you understand what a wholesaler actually is, the benefits if buying wholesale, and how you can start your own business with wholesale products. First of all, you may be wondering what a wholesaler is. Basically they are a company that acts as a person in between the manufacturer and yourself. Wholesalers have huge amounts of stock and this allows them to charge you prices that are low for the products that you need. However, you will want to purchase fairly large quantities if you want to get the best competitive prices. Going with wholesale products from wholesalers is a great way to get a deal, especially if you are not already dealing directly with a manufacturer.

Benefits of Buying Wholesale

If you decide to go looking for the best wholesale deals, you’ll no doubt find that there are many great benefits to buying wholesale. Here are just a few of the great benefits you’ll enjoy when you decide to make your purchases from wholesalers today.

- Benefit #1 – Get a Better Price – One of the main benefits that you’ll enjoy when purchasing products wholesale is that you will be able to save quite a bit of money. Most of the time you’ll get a much better price when purchasing from wholesalers. The more goods that you purchase, the better the price will be for you. However, even if you are a smaller business just getting started, you can still save by purchasing your products through wholesalers.

- Benefit #2 – Purchase in Larger Quantities – Buying wholesale allows you to purchase larger quantities of items as well, and when you purchase more items, you’ll find that you get a much better deal on them. However, some companies may have a minimum amount that you have to purchase in order to get the best deal. Purchasing large quantities of products can be beneficial to you and to the wholesaler as well. So, if you want to find the best wholesale deals, purchasing large quantities will help you find them.

- Benefit #3 – Ask for Better Discounts – Although you’re already saving when you buy products and supplies wholesale, you may be able to save even more money. How? Well, you can actually ask for a better discount. If you become a good customers with a wholesaler and you purchase quite a few goods from them, just by asking they may be willing to give you an ever better deal, so it is worth a try.

- Benefit #4 – Great for Starting Your Own Business – Another great benefit of buying wholesale is that it is a great way to help you start your own business. It can make start up costs much lower for you, which can be a huge help when you’re trying to get your business off the ground. You may even want to start up a business that centers around selling the wholesale products that you purchase for profit.

It is definitely easy to see that there are many wonderful benefits to using wholesalers and finding the best wholesale deals. You can save money, get large quantities of products, and even start your own business. So, whether you own a business already or you want to start one of your own, going with wholesale products is an excellent idea that you will want to use.

Starting a Business Using Wholesale Products

Speaking of businesses, if you are considering starting up a business to try and earn some extra income to have better financial security, you may want to consider getting involved in wholesale products. Finding great wholesale deals can help you easily start up a business of your own and be successful at it.

If you want to go into business on your own, one great way to get started is to research wholesale stock and purchase it for low prices, then selling it through a variety of different outlets for profit. It is easy to buy up great products at wholesale prices and then sell them to others for profit, on sites such as eBay. The better the deals are on the stock that you buy the more profit that you’ll be able to make, so finding the best wholesale deals is important.

Even if you’ve never had your own business before, starting up a business using wholesale products is easy for anyone. Simply find great deals on wholesale products and sell them to make a profit and you’ll be on your way to having the extra income that you’ve been wanting. If you do plan on getting into this type of business, probably one of the best sites that will help you is eBay. You’ll be able to find great wholesale deals on the site and you can also sell your products their too.

So, if you’re looking for a rewarding home business you can run yourself that will be rewarding and lucrative, it’s time to consider selling wholesale products. If you find the best wholesale deals, you’ll be able to make a nice profit. This is a business opportunity that has high profit margins, flexibility, and it is low risk. If you’re tired of constantly stretching your money to make ends meet, then this is a great idea for you to try.

Kirk Bachelder asked:


Although Canada is a cold country, there is bright sunshine and you may need sunglasses to protect yourself and feel more comfortable. If you decide to buy your sunglasses after going there, there are a number of wholesale and retail traders who can sell you these glasses. Buying from a wholesaler/direct importer is a better option because you get a better price and service.

A few Basic Facts

Before proceeding to buy sunglasses from wholesalers, you should be aware of a few facts. Most wholesalers in Canada deal with replicas. If you are planning to take them with you back to the US, you should be aware that this item would not pass through customs. Another thing to keep in mind is the type of sunglasses that you are planning to select. Sunglasses should be effective in cutting of UV rays and should be of a color that would be easy on the eyes. The preferred colors are gray and brown. If you are settling for a replica, make sure that the quality is good.

Wholesalers of Sunglasses in Canada

There are a number of wholesalers who sell sunglasses. You can find a list of these wholesalers through popular search engines such as Google and Yahoo. It can be a little taxing to go through a lot of entries and select the applicable ones before you even start looking at the options offered. One site that gives links to a few wholesalers in Canada is

Eddie Case asked:


You need not worry about your credit rating when wholesaling because it NEVER enters into the picture for this type of real estate deal! As a wholesaler you are never going to need to qualify for a mortgage.

Wholesalers either \”double close\” on their wholesale deals or they \”assign\” their contracts to their investor/buyers eliminating the need to ever fill out a credit application!

Since the majority of wholesale deals are funded with Private Money and not conventional funding, traditional credit based borrowing goes right out the window!

When \”Double closing a Wholesale deal only one loan package is used to close both sides of the deal. Your Buying from a motivated seller and then your selling back to your Investor/Buyer with the same money, (using it twice!). So the ONLY person who needs to give credit info is your Investor/Buyer, because he is ultimately one the one who is on the \”hook\” for the financing with the private lender, NOT YOU!

SO YOU DON\”T HAVE TO GET YOUR CREDIT PULLED! YOUR CREDIT DOES NOT MATTER ONE BIT because your not the one repaying the loan!

What other style of real estate investing allows you to control hundreds of thousands of dollars of real estate deals even if you have \”Bad Credit\”?! NONE that I know of!

Also, because most wholesale deals revolve around Private Funding, there is NO CREDIT AGENCY REPORTING! This is  because the \”Private Lenders do not report to the agencies. So your buyers credit rating NEVER shows any new loans on their credit report!

This helps your Investor Buyers credit rating because their debt to income ratio never changes even though they may have placed several hundred thousand dollars worth of mortgages with the Private Lenders.

This means your investor buyer never looks like his credit limit is over extended! Your buyer can still borrow more money from other hard money lenders anytime he wants, in turn, he can still buy more deals from you!

But, if YOU have  blemished credit, YOU can still invest heavily in real estate as a real estate wholesaler. You can start TODAY!

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Eddie Case asked:


A typical Real Estate wholesaler who is wholesaling single family homes can expect to make (on Average) $5,000.00 to $7,500.00+ per deal!

Lets take a moment and talk about what the wholesaler actually does to make this 5K to 7.5K on each wholesale deal.

1.)The wholesaler tracked down another great wholesale priced property by applying the techniques he has learned about real estate wholesaling:

* He has a marketing advertising program going

* He\’s got a real estate website up and running

* He\’s networking with other local and national real estate investors

* etc.!

2.) The wholesaler has found a buyer who wants to purchase this excellent priced investment property from him (the Investor/Buyer is also called the \”end user\” of the wholesale deal.

* He\’s built a list of hungry Motivated Buyers who are literally standing in line to buy his available inventory of wholesale priced deals

* He\’s also staying in constant Contact with his Investor/Buyers list and updating them on his available inventory through emails, post cards, websites, Blogs, faxes and phone calls.

So what has the wholesaler really done here? He\’s done 2 things:

1.) He\’s built a buyers list of motivated buyers who are constantly looking to purchase new properties from him.

2.) He\’s built his property locating system, which continually brings him a fresh supply of wholesale priced properties. Property that is typically going to be priced at 40 to 60% of the Fair Market Value (FMV).

Once these 2 systems are built and solidly in place, the wholesaler\’s business is completely automated to find properties and sell properties.

Once these 2 systems are in place, the time that is involved in structuring a wholesale deal is only a few hours at best! Now the wholesaler can comfortably do 2-5 deals a month and make $10,000 to $ 25,000.00 per month, or more, and have more than enough time to live life on his own terms.

So again, a typical wholesale deal profit margin is between $ 5,000.00 and $ 7,500.00. As you can see, the money is fantastic and the terms for running your own wholesale business could not be any better!

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Eddie Case asked:


The answer to today\’s question is a very BIG NO! You do not need a realtors license to wholesale houses! And here\’s why: Lets start with the realtor, a realtor has no real interest in the property that they are helping a client either buy or sell. A realtor is simply supply a service to a client by either helping that client Buy or Sell a piece of real estate.

Now, the real estate wholesalers does have a real interest in the property that they are involved with. That interest is to BUY the real estate that he or she is interested in, The wholesaler actually put\’s the real estate under contract and is then controlling the interest in that contract to Purchase real estate. This contract on the property makes the wholesaler a true buyer of real estate.

The Realtor is paid a commission for they\’re role in the real estate transaction, usually a standard 6% for the listing agent if he sells the property and half that usually for a co-broker sell it off of the multi-list (the multi list is where property is listed for sale so that

ALL realtors who belong to the multi list can help sell the listing agents properties and get paid usually half of the listing agents commission which in this case would be 3% or $3,000.00 in this example) if they make the sale. This commission is negotiable and is paid by the seller of the real estate not the buyer. So on a deal where the house sells for $ 100,000.00 the Listing agent if he sells the property would receive his 6% commission of $ 6,000.00 at closing for his services. If a competing agent sells the property he would receive a 3% commission of $3,000.00 and the listing agent would also make 3% commission or $ 3,000.00 as well.

Not bad, but nowhere near as lucrative as what a real estate wholesaler would make on a similar priced home. If a wholesaler was closing on a 100,000.00 dollar deal he would be dealing with a property worth at least 170K to 200K depending a lot on how much work may be needed to repair the property, because a wholesaler is buying at 40 to 60% of the properties Fair Market value.

There is no real science on how much a wholesaler will make on a real estate deal, no set commission percentages. The wholesaler can make whatever he believes he can \”get\” out of the deal. So speaking purely from experience on similar priced wholesale deals that I have closed on over the years, I would expect to make between $ 10,000.00 and 15,000.00 as a wholesaler on this deal.

So you can see from this example, the wholesaler makes a significantly larger pay check from the same piece of real estate that\’s being sold!

Again, the real estate wholesaler can sell 100 properties a year and not need a realtors license because he has a real \”contracted interest\” in the property between himself and the seller of the real estate, and the Realtor has absolutely NO CONTRACTED INTERST AT ALL IN THE PROPERTY WHATSOEVER. Realtors are just being paid for the services that they provide to the Sellers and Buyers of real estate in the form of a commission which is why they need a license.

Wholesaling is a perfectly legal way to buy and sell multiple pieces of real estate with No licenses needed ever!

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jefferson john babasa asked:


Managing a business that rakes in huge amounts of cash without lifting a single finger is what every business-minded person had been dreaming about. Though this might sound a bit of an overstatement, this kind of lifestyle can come true. With a huge amount of capital that could even start a 5 star restaurant or hotel and managing skills of that of a professional businessman or woman, a life like that is just an arm’s reach away. But what about those that can’t afford to start a 5 star restaurant or hotel, or those that doesn’t have the wits of a professional businessman or women, but only just the basics?

Other than starting a 5 star restaurant or hotel or any other kinds of business that falls under the category as a “Big Business”, there are other business that would let anyone experience that kind of life. But not that kind of life per-se, but a life that doesn’t put anyone on too much effort to run a business, and that kind of business is through wholesaling.

Wholesaling is a process in which products from the manufacturer are distributed to all sorts of dealers which in-turn sells the products to the end consumers. The wholesaler’s job is to overlook the transition of products being successfully transferred to carefully selected retailers and dealers in which handles the task of selling it to the buying public.

Wholesaling is a very profitable business, provided that the one that handles it has ample experience and skills in handling a business. So before starting a wholesale business, here are some simple pointers about the business and tips on how to handle it.

Type of Business

Before anything else, try and figure out what kind of business this wholesale business would be. Would it run as a partnership business, or would it run as a sole proprietorship? Clearing these things beforehand could save a lot of time and money, especially when shifting the business from partnership to sole proprietorship.

Product Selection

After planning out the type of business it would be, planning about the product is the next step. Wholesaling involves selling different kinds of products such as food products, electronics and appliances, clothes, and many more. Though the process of handling those kinds of products falls under the same business process, the only difference would be the capital and sometimes the location of business.

Starting a wholesale business of wine or electronics differs from starting a wholesale clothing business by terms of capital. Starting a wholesale business that involves wine or electronics or appliances would require a much larger capital not only because of the product itself but also because of the storage on where to put it whereas a wholesale clothing business may only require a small amount of capital (still depends on the brand of clothing line to sell) not only because of the product but also because a wholesale clothing business doesn’t require a storage such as that of a wholesale business involving electronics or appliances.

Rather than buy or rent a storage space or a warehouse, some small wholesale clothing businesses run their business on their own homes and store their stock on their own basement. So if the allotted capital isn’t too much for starting a wholesale business of appliances or wines, then a wholesale clothing business would suffice.

Business Documents and Papers

Business running documents and other paperwork such as taxation documents and business permits should also be properly arranged after planning out the type of business it would be. This is to assure that the business would run smoothly not only among the retailers but also with the law.

Storage

In a wholesale business, storage spaces are very important. Either buy a space or rent one. Choose a warehouse that is easily accessible and one that has labor saving approaches to material handling. But other than that, it should also provide security on the products stored within it.

Choosing a storage depends greatly on the type and the size of wholesale business it would be. Much like the statement above, storage may depend on the type of product a wholesale business would sell and the size of the business itself, such as in a wholesale clothing business. If running a larger wholesale business, then it would require more space and security. But if the business is small enough to operated inside the owner’s own home, then the basement would suffice for its storage.

Customers and Clients

In all businesses, customers and clients are the most important element in its success, in this case, dealers and retailers. Wholesalers deal with a wide variety of clients such as retail businesses, retail distributors, exporters, and other wholesale distributors.





Retail businesses include establishments like grocery stores, independent retail stores, large department stores and power retailers.





Retail distributors include the distributors who sell to those retailers that you may find impenetrable by a wholesaler itself. For example, if the wholesaler can’t get in” at a power retailer, the wholesaler may be able to sell to one of its distributors.





Exporters are companies that collect United States-manufactured goods and ship them overseas.





But aside from retailers and exporters, wholesalers also deal with other wholesalers. This is useful especially when buying from the manufacturer itself proves to be impossible due to exclusive contracts and issues like one-time needs.





Another thing in looking for clients, when looking for a dealer or distributor, make sure that they have legal documents that permit them to resell your products. This can ensure your business’s security.

Pointers before Opening a Wholesale Business

Establish a competitive credit policy. In a wholesale business, there will come a time that the retailers cannot pay instantly upon receiving their stock. Providing retailers a credit based policy can give them the advantage of getting their stock now, and pay for them the next day. But be careful about giving this kind of advantage. Before giving such benefits to retailers or other clients, make sure that the client had already proven its credibility in handling their bills. Ask for references from its former wholesaler and learn of their history if they can pay up on time or not.

Getting business advices and pointers from those that have experiences in handling this kind of business is also important. Learning from their mistakes, risks taken, and their decisions can greatly help in managing a wholesale business.

Always keep an open line for clients. Listening on their inputs, their thoughts, and their concerns about the business can greatly help in building a stable relationship with clients. This strategy will keep clients attached to the business and to avoid abandoning the business and shift to other wholesalers.

Keeping a list of unattained clients other than the list of own clients is also as important. Though they may not be interested today, asking them the other day may produce some good results.

Eddie Case asked:


Real Simple! Here is how a wholesale deal makes you and I quick money deal after deal! Let\’s break it down!

First: You find a motivated seller, Someone who really needs to sell badly. You make a wholesale priced offer (usually 40 to 60 cents on the dollar) and get that property under contract with that seller. In this example we will say that the house\’s fair market value is $ 100,000.00 and we got the seller to agree to sell it to us for

$ 50,000.00. We have it under contract for 50 cents on the dollar!

Second: You find a buyer that wants to purchase the property you just put under contract with the motivated seller, and he agrees to buy it from us for let\’s say $ 60,000.00. He realizes that he is getting a 100K property for 60 cents on the dollar and that he is getting a great deal on a property worth 100K when fixed up!

Third: We then go to closing and we buy it for 50K from the motivated seller and complete that transaction. Then, we turn right around immediately and resell that same property to our buyer that we found who wants to buy the property from us at 60K and complete that transaction.

So, what have we done: We paid 50K for the house and we turned right around and sold the house for 60K the SAME DAY, and we make a quick $ 10,000.00! This was a win-win-win deal for all parties involved, and here\’s why:

1.) The original seller unloaded a problem house and moved on with their life!

2.) Our buyer just bought a GREAT piece of real estate at a wholesale price that he will now rent for cash flow or fix and resell at a nice profit.

3.) And you (the wholesaler) pocketed $ 10,000.00 for combining a motivated seller with a motivated real estate investor buyer!

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