RE Wholesaling Daily: How to get started in Wholesaling

[Bruce Alston]

People often ask me on ways to become involved in Real Estate Investing, Whether they have good credit or no credit, Money or No Money. Below are 4 ways that I have developed and branded for individuals, couples, family and friends to get started in the Real Estate Investing Business.

RE Locator: is an Investor Associate who supplies leads of distressed homeowners who are experiencing mortgage difficulties or other hardships. These individuals are also referred to as bird dogs. ( typically can earn between $500 to 2k per deal).

RE Wholesale Trader: is AN INDIVIDUAL OR COMPANY who acquires property and places it under contract with the Intent to Assign or Wholesale to another Investor who usually will rehab the property. ( typically can earn anywhere from 5k to 25k per deal ).

RE Banker: is an Individual or Company who acquires property with the intentions to buy and rehab it. In some instances the property will be held in a Private Portfolio which will be managed by the RE Banker, also the property could be acquired and rehabbed and place back on the market for retail sale.

RE Syndicator: is a consultant who structures deals from the acquisition stage all the way to the liquidation stage. They are responsible in providing funding sources to fund deals for Bankers and Traders. They seek Private Money from individuals who would may be interested in earning Interest on their money by providing private mortgage loans. They also work as affiliates with Private/Hard Money Lenders who provide capital to Investors. also develop relationships with real estate agents, closing attorneys and title companies.