Make $2,500 to $10,000 CASH Now with Real Estate You Don't Own
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Make $2,500 to $10,000 CASH Now with Real Estate You Don't Own
Make $2,500 to $10,000 CASH Now with Real Estate You Don't Own
The best way to operate as a millionaire is to be unemployed, broke, and bankrupt. As a result, you personally own nothing, but control everything.
Confused? Well let me clear that up for you.
Here I'll show you how to control real estate you don't own, and will never close on, and sell it to another investor within 24 hours or less to come away with between $2,500 - $10,000 or possibly even more CASH in YOUR POCKET.
For home owners with a conventional mortgage, you're probably unaware that there's a part of your mortgage contract with the bank that says that they can hand over your contract to anyone they so choose.
It's called “assignability”.
That means, that your bank can SELL your mortgage to another institution, and your mortgage payments will then be redirected to this other entity who holds the mortgage on your house. The same holds true for controlling real estate. With each Accepted offer we have on real estate (where we're acting as the Buyer), we can SELL our rights of that contract out to another Investor for CASH.
It's a sweet and lucrative way to get started in real estate without using credit, or money from your own pocket. In fact, that was the second I put together.
You see, I couldn't qualify for a loan on the property in Detroit, and didn't have an investor to go 50/50 with yet, so I sold my rights to the contract for a cool $5,000.00 USD At the time, I was taking home $3,200 CANADIAN each month after taxes and deductions…I'd literally sold my contract in less than 90 minutes for twice my months' salary. (I was jumping for joy!)
Here's another example: I've flipped contracts on Florida property to other Investors for anywhere between $5,000 to $15,000.00 USD! What's even better - is that all of these deals were put together from the comfort of home, and transacted over the internet! It's an awesome way to generate quick cash with real estate that you'll never own!
For first time investors - and investors who actually have too many deals on their hands - this is a great way to quickly and efficiently turn property into cash.
Cheers,
Brad Wozny
Originally Posted: Apr 21, 2007 at 9:09 AM Last Updated: Apr 21, 2007 at 9:09 AM
-- Current Rating: 4.6 of 5 Click here for a printable version.
» [- May 1, 2007 at 8:46 AM -] SUSAN E. TAYLORsays: I WISH I COULD JUST "ASSIGN" MY RIGHTS TO SOME OTHER INVESTOR, BUT MY PURCHASE AGREEMENTS ALWAYS HAVE A "NO ASSIGNMENT" CLAUSE IN THEM.
» [- Jul 11, 2007 at 11:16 PM -] Karonsays: Thank you for the explanation of "assignment". I;ve only just read your "Strategic Investment Manifesto" and identified myself as a scared newbie with FUD. I appreciate greatly your straight forwardness and lack of hype. Thank you for saving me from plunking down more money on another course, and giving me a solid sense of direction. I look forward to hearing more from you.
