Getting Started In Real Estate With No Money Or Credit

 

How to make money wholesaling for beginners

Hello All,

We appreciate you taking the time to learn how to make money with Real Estate. This is not a quick way to make a lot of money. You can get rich quickly by buying a lottery ticket. Real estate is the main source of wealth in this country.

You are probably thinking, but I don't have any credit or cash. While having good credit and cash is a great way to get started in Real Estate it is not essential. While we all have 24 hours in a given day, some people manage to get more done in 24 hours. You don't need credit or money to start Sedona Az Realtor real estate. These are time and information.

All you need to be successful is time and information. You will need to think creatively, as you don't have the cash or credit to buy your first property.

Wholesaling is one of the best ways to get into real estate. Wholesaling means that you travel and take the time to search for deals that are attractive to investors. Start by going out to look for vacant homes. This is the quickest way to find vacant houses, even though it can be time-consuming. These deals can be found using many different tools. In a future post, I will go into more detail about how to find these deals. Let's just say that you found a great deal you believe an investor would be interested in buying. How can you find investors to purchase your property?

While there are many options, I suggest these.  to find the closest Reia (Real Estate Investors Association). Introduce yourself to everyone at these meetings and let them know that you are interested in Real Estate. You should bring a signed up sheet to your buyers list. It is important to obtain the names and numbers as many investors as possible. It is also a good idea to have lunch with them. This is possible for many reasons. It is possible to define the style property that they are seeking. These can be used as a resource for answering questions and making suggestions about how to get your wholesaling company started.

Let me just briefly review: First, you search for great deals and sign a contract. (I will be covering contracts in a future article). Next, you need to build your buyer list.

Once you are done, it's time to close the deal. Detail is key here. It is important to provide as much information as possible to your investor about the property, including its location, price, bedrooms and baths, ARV (After Repair Value), repair list, and other details.

This is when you need to be aggressive. This product should be promoted to all possible outlets (Print, Online, etc.). I will be sharing some of the most successful marketing strategies in a future post.

Here you are. This guide will show you how to get started with real estate without any cash or credit. You can comment, email or leave questions. I wish you all great success. And don't lose heart. You can achieve anything if you really want it.