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Updated about 7 years ago on . Most recent reply

Account Closed#1 BiggerPockets Exclusive PRO Area Contributor
  • Professional Auctioneer
  • Baltimore, MD
1,468
Votes |
1,857
Posts

Creative Real Estate

Account Closed#1 BiggerPockets Exclusive PRO Area Contributor
  • Professional Auctioneer
  • Baltimore, MD
Posted

Creative Financing Options For Real Estate Investors

You don’t need money to make money. You can create profit in real estate without a lot of start-up capital by using creative financing.There is a creative financing tool for virtually every situation. As you become proficient with each, you will be able to identify and apply the appropriate solution to engineer profitable transactions from previously “impossible” deals.As we say, “Find the opportunity and the money will come.”

1“Control and Roll”©

You don’t need to buy real estate to profit, control it for 60 to 90 banking days and sell it before closing. First, identify a cash flow or equity opportunity. Control the property with a contract that includes right of assignment, right of entry, right to market, and an escape clause.Advertise the property, and assign your contract for more than your purchase price.Earn $10,000 or more within 60 days!Sell by public “reserve” auction for a fast and lucrative sale. Always disclose your intent.

Charles Parrish

Most Popular Reply

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29
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Edward Thornton
  • Contractor
  • Philadelphia, PA
6
Votes |
29
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Edward Thornton
  • Contractor
  • Philadelphia, PA
Replied
Originally posted by @Account Closed:

Creative Financing Options For Real Estate Investors

You don’t need money to make money. You can create profit in real estate without a lot of start-up capital by using creative financing.There is a creative financing tool for virtually every situation. As you become proficient with each, you will be able to identify and apply the appropriate solution to engineer profitable transactions from previously “impossible” deals.As we say, “Find the opportunity and the money will come.”

1“Control and Roll”©

You don’t need to buy real estate to profit, control it for 60 to 90 banking days and sell it before closing. First, identify a cash flow or equity opportunity. Control the property with a contract that includes right of assignment, right of entry, right to market, and an escape clause.Advertise the property, and assign your contract for more than your purchase price.Earn $10,000 or more within 60 days!Sell by public “reserve” auction for a fast and lucrative sale. Always disclose your intent.

Charles Parrish

What is a "reserve" auction? Please bear with me I am a newbie.

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