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www.localmentor.com host Michael Jake shows how a wholesale house flip happens. A walk through of a typical REO, Bank Owned House, Estate House, tired rental property, and how the deal was Found, How it was Funded, and how the profit was made and how much! Learn more Colorado Creative Real Estate Investing Techniques at www.localmentor.com
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Real Estate Investing Training Video Wholesale Deal Part 1
May 24th, 2010 
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Hi, did you sell the purchase contract, or did you purchase the property with cash, then sell the property after you closed with the original seller?
Good tips.
Hi,
Thanks for this Video. It is very informative. This reminds me of another YouTube Video that’s helpful in Youtube audiences and on Real Estate arena.
Check this on YouTube: “How to Find Buyers & Sellers on the Internet” from Wendy Patton’s Bootcamp
Kudos to you guys!
Mike,do you offer your program in San Diego California?
That’s what I’m talking about. You go localmentor…seems to me you are
“doin’ the damn thing”
LOVE REAL ESTATE 24/7!!!!!!! Tangerine
Thanks for the vid
ha ha…no.
@pissedoffdude87
my first piece of advice would be to change your name to something more professional
get some of John Schaub’s books – all on amazon.
Does anyone know of any books or learning resources around that are good for someone looking to start out in property investment? I’m 22 and am looking at buying my first property to rent out and live in with the intention of making a profit on it and hopefully buying some more properties down the track. I guess i’m looking for something that will just explain the more basic facts before i start moving onto the finer points of real estate
Hi my name is Myles and I’m looking for I suppose you could say a “mentor” I have taken a few classes on real estate investing and I see the opportunities that it brings. I’m looking to get in to get my mom and dad out of debt to reduce the insane stress they have. After of course I would like to juice up my money to provide a life out of debt for myself (I’m only 18 and in college). If your interested in showing me the ropes, I am a very good learner and I listen well.Would be much appreciated
Overpriced? Your market may be different than mine, but that deal was less than 70%-repairs and my buyer would buy as many of those deals as I could find and have margin to fix and flip it.
…and yes things get more complicated when buyers try to use traditional bank financing. I wouldn’t even tie up a deal with someone who needed a loan. Rehabers pay cash or hard money or private money and can close in days. This house went from contract to closing table in 2 business days.
We just learned about wholesales and real estate. It is really wonderful but I think you got that house overpriced O.o But I was told when the person who buys the home with a bank loan things get messy, is it true?
I’m offering 1% finders fee on my 63 unit apartment for sale in Thunderbay Ontario. That’s $22,500.00 in your pocket if you bring the buyer to the table. This is no joke. It will be a win win situation if I can sell my building so please try and find me a buyer and I’ll gladly pay you 1% of the purchase price which amounts to 22.5k. Please email this to all your friends who might need money. Details at: mshinvestments(.)com
BIRDDOG ALERT: I’m offering 1% finders fee on my 63 unit apartment for sale in Thunderbay Ontario. That’s $22,500.00 in your pocket if you bring the buyer to the table. This is no joke. It will be a win win situation if I can sell my building so please try and find me a buyer and I’ll gladly pay you 1% of the purchase price which amounts to 22.5k. Please email this to all your friends who might need money. Details at: mshinvestments(.)com
BIRDDOG ALERT: I’m offering 1% finders fee on my 63 unit apartment for sale in Thunderbay Ontario. That’s $22,500.00 in your pocket if you bring the buyer to the table. This is no joke. It will be a win win situation if I can sell my building so please try and find me a buyer and I’ll gladly pay you 1% of the purchase price which amounts to 22.5k. Please email this to all your friends who might need money. Details at: mshinvestments(.)com
BIRDDOG ALERT: I’m offering 1% finders fee on my 63 unit apartment for sale in Thunderbay Ontario. That’s $22,500.00 in your pocket if you bring the buyer to the table. This is no joke. It will be a win win situation if I can sell my building so please try and find me a buyer and I’ll gladly pay you 1% of the purchase price which amounts to 22.5k. Please email this to all your friends who might need money. Details at: mshinvestments(.)com
BIRDDOG ALERT: I’m offering 1% finders fee on my 63 unit apartment for sale in Thunderbay Ontario. That’s $22,500.00 in your pocket if you bring the buyer to the table. This is no joke. It will be a win win situation if I can sell my building so please try and find me a buyer and I’ll gladly pay you 1% of the purchase price which amounts to 22.5k. Please email this to all your friends who might need money. Details at: mshinvestments(.)com
I’m offering 1% finders fee on my 63 unit apartment for sale in Thunderbay Ontario. That’s $22,500.00 in your pocket if you bring the buyer to the table. This is no joke. It will be a win win situation if I can sell my building so please try and find me a buyer and I’ll gladly pay you 1% of the purchase price which amounts to 22.5k. Please email this to all your friends who might need money. Details at: mshinvestments(.)com
BIRDDOG ALERT: I’m offering 1% finders fee on my 63 unit apartment for sale in Thunderbay Ontario. That’s $22,500.00 in your pocket if you bring the buyer to the table. This is no joke. It will be a win win situation if I can sell my building so please try and find me a buyer and I’ll gladly pay you 1% of the purchase price which amounts to 22.5k. Please email this to all your friends who might need money. Details at: mshinvestments(.)com
BIRDDOG ALERT: I’m offering 1% finders fee on my 63 unit apartment for sale in Thunderbay Ontario. That’s $22,500.00 in your pocket if you bring the buyer to the table. This is no joke. It will be a win win situation if I can sell my building so please try and find me a buyer and I’ll gladly pay you 1% of the purchase price which amounts to 22.5k. Please email this to all your friends who might need money. Details at: mshinvestments(.)com
BIRDDOG ALERT: I’m offering 1% finders fee on my 63 unit apartment for sale in Thunderbay Ontario. That’s $22,500.00 in your pocket if you bring the buyer to the table. This is no joke. It will be a win win situation if I can sell my building so please try and find me a buyer and I’ll gladly pay you 1% of the purchase price which amounts to 22.5k. Please email this to all your friends who might need money. Details at: mshinvestments(.)com
BIRDDOG ALERT: I’m offering 1% finders fee on my 63 unit apartment for sale in Thunderbay Ontario. That’s $22,500.00 in your pocket if you bring the buyer to the table. This is no joke. It will be a win win situation if I can sell my building so please try and find me a buyer and I’ll gladly pay you 1% of the purchase price which amounts to 22.5k. Please email this to all your friends who might need money. Details at: mshinvestments(.)com
Let me try………..
BIRDDOG ALERT: I’m offering 1% finders fee on my 63 unit apartment for sale in Thunderbay Ontario. That’s $22,500.00 in your pocket if you bring the buyer to the table. This is no joke. It will be a win win situation if I can sell my building so please try and find me a buyer and I’ll gladly pay you 1% of the purchase price which amounts to 22.5k. Please email this to all your friends who might need money. Details at: mshinvestments(.)com