http://www.AOREIA.com - Real Estate Investing Double Closing -
As a real estate investor you'll have to learn real estate investing double closings techniques especially with regard to closing a transaction. Simply buying and paying (flipping houses) for a property is easy if you have the money or get it from another source. Ideally, you should learn real estate investing from the aspect of not buying property and needing money (flipping houses with no money).
While doing real estate transactions with no money seems impossible, it is actually done every day across the country and even worldwide. If your next thought is that this type of transaction must be illegal, it is not at all if done properly. If you learn real estate investing double closings correctly, you will be doing no-money deals flipping houses in no time at all.
If someone says that these techniques are "too good to be true" they definitely do not understand real estate investing. Even some real estate agents and a few attorneys have a belief that doing deals with no money is impossible. For these people, they are correct only in their minds and they will never understand until it is too late for them. A real estate investing for begginers oportunity is at hand for you right now to learn these making money flipping houses techniques!
In this video you'll see how we partnered with a student to do a substantial transaction and netted a profit over $79,000 all in one day. It is important to understand the terminology of this type of no money deals. First, the buyers and sellers are referred to by a letter designation for convenience.
The original seller of the property is called the "A" party, the investor who will be on contract as a buyer will be designated as "B" and the end-buyer who will buy the property is the last in this chain of parties to the transaction and he is designated as the "C" buyer. There is no limit to how many parties can be in one transaction between the original seller (A) and the end-buyer (C).
Many real estate investors who initially learn real estate investing are taught to do deals with an Assignment of Contract between himself and the end-buyer. However, these types of no money deals can't be done in every transaction. Usually this is because the profit the investor is making is too large and the buyer (C) or seller (A) objects to the investor making so much money flipping houses in a few minutes.
This video is an example of using transactional funding that is borrowed for one half of one day and sent back to the lender the same day once the end-buyer (C) has paid for his side of the transaction. These real estate transactions are always done using cash (wired and cleared funds) and never cashier's checks in order to reduce the chance of fraud.
There is much more valuable information on how to learn about real estate investing at www.AOREIA.com You can see the entire 25 minute video and tons of other invaluable real estate investing for beginners by joining as a Premier member of America's fastest growing Real Estate Investing Association. Watch the entire series of real estate investing seminars as a premeir member.
