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Updated almost 11 years ago on . Most recent reply

Account Closed
  • Real Estate Investor
  • boston, NH
32
Votes |
401
Posts

maximizing on all leads

Account Closed
  • Real Estate Investor
  • boston, NH
Posted

what should i do with dead leads? i am a wholesaler and when i find a property that doesnt have enough equity in the house, what should i do with it?

what are some other strategies i should be doing if they dont have enough equity in the home?

Most Popular Reply

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658
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Brant Richardson
  • Investor
  • Santa Barbara, CA
315
Votes |
658
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Brant Richardson
  • Investor
  • Santa Barbara, CA
Replied

The buyer gives you a down payment, money in your pocket. Then the buyer makes monthly payments which are larger than the mortgage, most of that money pays off the mortgage but the rest is cash flow in your pocket. You need little or no money to do this, you need a very motivated seller and the right buyer though. It is a complex strategy, listen to the podcast a second or even a third time, I did.

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