101+ Ways To Find Leads # 3 - Fix & Flip Subject To - Buy & Hold

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I am constantly being asked how I find my leads. I both buy & sell and I like a variety of sources. So, I thought I would break things down into digestible parts. Any newbie knows about real estate agents, but I want to give you something that is “off market”. If you want to expand your reach here we go. . .

So, Number 3 out of 101+ is:

BABY BOOMERS are retiring at the rate of about 10,000 a day. That means many will be moving to their “dream retirement locations”. It also means that they are typically “down sizing” and thinking about putting their houses on the market. Many of these houses are “free & clear” and the seller wants “cash flow”.

I found one such property, took it as a Lease Option for $850 a month payment, an Option amount of $10 down (yes, ten dollars down) and an Option Price of $185,000. I Sandwich Lease Optioned it to a younger couple for $10,000 down, (yes, a $9,990 net in 30 days) for $1250 a month, giving me a positive cash flow of $400 each month. I gave them an Option payoff amount of $209,000. Once they exercise their Option, I pay off my underlying Option and pocket the remaining. You CAN FIND A LOT OF BOOMERS AT SR. CENTERS playing chess, cards and golfing. Don’t be shy, Go say “Hi” to your new found best group of “off market” leads.

The list will be free in downloadable format when finished, at my website, along with some other “experienced insider” tips. If you are new and want passive income or to do Fix & Flip or Buy & Hold using Sub To or Lease Option for financing your transaction, save this information and apply it.