All Forum Posts by: Bernard Braithwaite

@Christopher Hutchins

I see your post and understand. There are good ways and bad ways to operate. I won't be the cheerleader for actions that are dishonest. I WILL be the cheerleader and try to give good honest advice if people want to build their real estate business. There is no set way for anyone to find success in this realm. No matter what advice is given remember that not everyone will succeed as in any other undertaking. There are a dozen people cheerleading the OP for putting a house under contract. Many see no problem but those with experience may feel differently. Note their post about having an escape clause. Instead of worrying about how to get out of a contract, a better question to building real estate wealth is how to MAKE IT WORK! By that, I don't mean assignments. Got a motivated seller? Maybe convince them to owner finance the deal. If it cash flows, the investor will then have a start of monthly income that NEVER runs out as long as they hold the property. All these people that are basically brokering real estate without a license will find out quickly that this tactic is not generally a source of steady funds. It will be constant work and always looking for the next deal to keep income coming. Same thing with flippers. They always need another deal to keep money coming. Find ways to OWN property. Get enough of those, and you will have true wealth building and security.