Investing In Real Estate With Lex Levinrad

Do you want to learn how to wholesale real estate and flip properties? Join Lex Levinrad on the Investing in Real Estate Podcast and learn how YOU can get started flipping houses today. This podcast is full of ACTION PACKED information and CONCRETE ACTION STEPS that you can start taking TODAY to learn how to start investing in real estate and flipping real estate. Join Lex as he talks about EVERY TOPIC related to INVESTING IN REAL ESTATE including wholesaling, locating deals, finding properties, flipping properties, hard money lenders, online auction sites, marketing for motivated sellers, building your cash buyer lists, deal structuring, fixing and flipping, buying and holding real estate long term and rental properties. Lex has trained thousands of students from all over the world how to invest in real estate. Lex has personally flipped over 1,000 houses and he can teach you the one thing that everyone is looking for - FINANCIAL FREEDOM. Listen to Lex interview some of his successful students who have quit their jobs and now flip houses for a living. If you want to get MOTIVATED and INSPIRED by people who are actually flipping houses RIGHT NOW, then LISTEN TO THIS PODCAST. Lex will also introduce you to some of his real estate friends and he will interview some of the biggest wholesalers and flippers in the country. You will learn from the experience of real estate investors who are doing deals every single day, investors who are literally doing thousands of deals. Listen to this podcast so YOU can learn how to achieve massive results investing in real estate. If you want to learn how to flip houses for a living and maybe even quit your job then SUBSCRIBE TO THIS PODCAST.

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Wholesaling Bank Owned Properties

Updated about 6 days ago.

On this podcast episode, I talk about wholesaling bank owned properties, short sales and foreclosures.

Most wholesalers market to motivated sellers and "assign" contracts using the assignment of contract method.

Assigning the contract has many advantages including, not having to lay out any cash, not needing to be present at the closing, and not having to pay any closing costs. Essentially your assignment fee is your profit if you are a wholesaler.

However, not all properties can be assigned. Assignment works great if you are "direct to seller" and the seller is a motivated seller.

But If you want to wholesale/flip a bank owned property, short sale or foreclosure then you are going to need to double close.

This means that you will first have to buy and pay for the property, and only then once you own it will you be able to turn around and resell it. The best way to do this is to "double close" on the same day. You need to use an investor friendly title company to help you facilitate this transaction.

Make sure you grab a copy of my best selling book "Wholesaling Bank Owned Properties" on my website at https:// www.lexlevinrad.com

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