Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 10 years ago,

User Stats

39
Posts
24
Votes
Jonathan Loynaz
  • Miami, FL
24
Votes |
39
Posts

Options or "retailing"

Jonathan Loynaz
  • Miami, FL
Posted

Hey BPers,

I'm currently reading a book called, "How To Be A Quick Turn Real Estate Millionaire" by Ron LeGrand. In the book he explains about wholesaling and rehabbing but it seems his main focus is options, retailing, and lease options. From what I understand, he goes out and markets to "pretty houses" then gets a seller to deed him the house for lets says, whatever the seller owes, then goes out and finds a buyer to purchase it at market value and takes the spread of the deal for himself. 

Am I understanding it correctly? It seems like there's less hassle and more profit then find ugly houses to wholesale. I just want to understand different strategies just in case a deal like that comes my way. 

Thanks guys!

Loading replies...