🔥Watch our FREE TRAINING to learn how to Wholesale & Flip Houses from the MLS without having to do any marketing: realestateskills.com/training?el=htfahfb
Awesome tutorial! Breaking the entire process down step-by-step. Your tips on identifying a good flip and avoiding mistakes are super valuable! Keep up the great content!
@TheSisUNeed It's not technically illegal to double close in Illinois. That being said I would always contact a local legal professional to ensure you're operating legally.
Thanks so much Alex and Stan I will be doing my 1st deal soon and this helped so much. I will study this video throughout the next few months as I assess and execute
Hi there! Thanks so much for the awesome feedback! 🙌 We're glad you're enjoying the tutorial. If you have any questions as you continue on your real estate journey, feel free to drop them here-we're happy to help! Keep crushing it! 💪
Hi! This was wonderful, wow. One question, at one point do you order the permits and how long do they normally take? From the moment you bring the GC during the inspection period.... do they order permit from there and then start demolition the day escrow closes? That is the only part I'm unsure about.
Hello, @bellalovkvist! The answer is that depends. This timeline is going to change based on the job and your local government. Some fix and flippers don't get permits, but we don't recommend this. You will start ordering permits usually once you close on the property and if you're not familiar with the process I would lean into your local GC and pull from their expertise. Cheers! 🏠
If you check out one of our recent videos there is an assignment of contracts resource in the video description. It also is a good video to give a watch before utilizing an assignment of contract. Here is a link: ua-cam.com/video/F6nDo-eNqYA/v-deo.html Enjoy! 🙂
Hello, @Kfig22! Yes, a wholesaler can redact the assignment price from the contract between the seller and themselves. Redacting the assignment price means removing or obscuring that specific piece of information from the contract. This might be done for various reasons, such as to maintain confidentiality or to prevent other parties from knowing the exact terms of the assignment. However, it's important to ensure that such redactions comply with legal and contractual requirements and do not violate any agreements or regulations. Cheers! 🏠
He said it himself, his first was a Hard Money lender, and he said, "I had no other choice". In realistic life, that is the majority of start for beginners. You still have to bring hard Cash or Assets into this game. Anyone who does lend you money wants to know how long you been flipping homes, and when you're a beginner like anywhere else, the trust and lending is going to be low. Videos like these and others never explain that.
Hi there! Great point! Hard money lenders are often the go-to for beginners, as they’re more flexible than traditional banks. But you’re right-they still want to see some financial stability, like cash reserves or a proof of funds (POF) letter. One way beginners can boost credibility is by leveraging POF letters from financing partners and building an online presence that shows professionalism and intent. This helps build trust with lenders, even without a long track record. For more on building credibility as a new investor, check out this resource: www.realestateskills.com/blog
@CookiNupCONVERSATIONS We love the enthusiasm! One of the best ways to get started fixing and flipping is to wholesale real estate. You should check out our free training here: www.realestateskills.com/training?el=htfahfb Once you've gone through the training you can schedule a call with our team and we can see if we can help you get started! Speaking from experience flipping houses, knowing how to wholesale is essential to scaling your business. As your projects begin to spread you thin and you find good deals, rather than leaving that money on the table you will be able to wholesale and put some cash into your pocket. Looking forward to hearing from you! 🙂 Cheers! 🏠
![How To Wholesale Real Estate Step by Step [WITH $0]!](http://i.ytimg.com/vi/J8jtA7f8vYE/mqdefault.jpg)
🔥Watch our FREE TRAINING to learn how to Wholesale & Flip Houses from the MLS without having to do any marketing: realestateskills.com/training?el=htfahfb
This video opened up my mind to how I can finance my first flip! Thank you Alex and Stan! You always deliver gold on your channel!
We're happy to help, Khan Wick! We appreciate the kind words. 💙
Cheers! 🏠
Awesome tutorial! Breaking the entire process down step-by-step. Your tips on identifying a good flip and avoiding mistakes are super valuable! Keep up the great content!
Thank you for he positive feedback, Sosa 300! It's always good to hear from you in the comments. What was the biggest take away for you?
Cheers! 🏠
@@RealEstateSkills I really enjoyed step 1, financing the flip, I had no idea there were so many options! Inching closer to that 51% 😉
@TheSisUNeed It's not technically illegal to double close in Illinois. That being said I would always contact a local legal professional to ensure you're operating legally.
Awesome video, thank you!
You're very welcome, @ErikgA47!
Cheers! 🏠
Thanks so much Alex and Stan I will be doing my 1st deal soon and this helped so much. I will study this video throughout the next few months as I assess and execute
We love to hear that, Orease Defreitas! Let us know how your 1st flip goes and what about our video was the biggest help to you.
Cheers! 🏠🚀
The best video ever! Thank you!
We're glad you thought so, Antonio Rocha! 🚀
Cheers and happy flipping! 🏠
Thanks for the content guys!! I'll be heading over to your site to check it out!!
You're very welcome, @johnlaseter9434! 🚀
Thanks for the amazing tutorial !!!!!!!!!!!!!!!!!!!!!!!!!!!
Hi there!
Thanks so much for the awesome feedback! 🙌 We're glad you're enjoying the tutorial. If you have any questions as you continue on your real estate journey, feel free to drop them here-we're happy to help! Keep crushing it! 💪
Hi! This was wonderful, wow. One question, at one point do you order the permits and how long do they normally take? From the moment you bring the GC during the inspection period.... do they order permit from there and then start demolition the day escrow closes? That is the only part I'm unsure about.
Hello, @bellalovkvist! The answer is that depends. This timeline is going to change based on the job and your local government. Some fix and flippers don't get permits, but we don't recommend this.
You will start ordering permits usually once you close on the property and if you're not familiar with the process I would lean into your local GC and pull from their expertise.
Cheers! 🏠
Where do we go to get a wholesale contract? Do you have one to share, or do you go to an agent ?
If you check out one of our recent videos there is an assignment of contracts resource in the video description. It also is a good video to give a watch before utilizing an assignment of contract. Here is a link:
ua-cam.com/video/F6nDo-eNqYA/v-deo.html
Enjoy! 🙂
Can a wholesaler redact the assignment price from the contract between the seller?
Hello, @Kfig22! Yes, a wholesaler can redact the assignment price from the contract between the seller and themselves. Redacting the assignment price means removing or obscuring that specific piece of information from the contract.
This might be done for various reasons, such as to maintain confidentiality or to prevent other parties from knowing the exact terms of the assignment.
However, it's important to ensure that such redactions comply with legal and contractual requirements and do not violate any agreements or regulations.
Cheers! 🏠
super teachers
Thank you, esfere! What was the biggest take away from the video for you?
Cheers! 🏡
If i go to the money lender’s. / they lend money for certain years amount , know what would be the best Or how many years would be the best
@rigoleon5352 Can you clarify your question?
He said it himself, his first was a Hard Money lender, and he said, "I had no other choice". In realistic life, that is the majority of start for beginners. You still have to bring hard Cash or Assets into this game. Anyone who does lend you money wants to know how long you been flipping homes, and when you're a beginner like anywhere else, the trust and lending is going to be low.
Videos like these and others never explain that.
Hi there!
Great point! Hard money lenders are often the go-to for beginners, as they’re more flexible than traditional banks. But you’re right-they still want to see some financial stability, like cash reserves or a proof of funds (POF) letter.
One way beginners can boost credibility is by leveraging POF letters from financing partners and building an online presence that shows professionalism and intent. This helps build trust with lenders, even without a long track record.
For more on building credibility as a new investor, check out this resource: www.realestateskills.com/blog
I wanna FLIP 2day, 2night, 2morrow!! LOL Let me watch to see how much I need to get started !!
@CookiNupCONVERSATIONS We love the enthusiasm! One of the best ways to get started fixing and flipping is to wholesale real estate.
You should check out our free training here:
www.realestateskills.com/training?el=htfahfb
Once you've gone through the training you can schedule a call with our team and we can see if we can help you get started!
Speaking from experience flipping houses, knowing how to wholesale is essential to scaling your business. As your projects begin to spread you thin and you find good deals, rather than leaving that money on the table you will be able to wholesale and put some cash into your pocket.
Looking forward to hearing from you! 🙂
Cheers! 🏠
@@RealEstateSkills THaaaaaaaank YOU!!
💙