Look Who it Was Random video

The Best FREE Real Estate Book You Ever Download

386 views · Published 20 April 2018 · 0:54 · Indexed 30 October 2026

Channel: Mr No FluFF (My Real Estate DOJO) · 2018 · Howto & Style

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The Best Free Real Estate Book You Ever Download

DOWNLOAD FREE BOOK “Beginners Real Estate Investing Starter Guide” 
 ▶︎FreeBook.MrNoFluff.com



I didn’t have to get a loan. I didn’t have to put down a down payment. I didn’t have to ask myparents for money. I didn’t have to give the seller anything. All I had to do was put the houseunder contract, close on the deal, and start making payments. After about five years, I becamehighly motivated to sell due to family situations and was handed that huge check. Imaginegetting a check for about $70,000 when you only put down $3,000! You won’t find that sort ofreturn anywhere else, folks.This is a notable example of finding a motivated seller. You’re only going to buy from motivatedsellers. The fireman who owned this house had a wife, two kids, and two dogs he needed toprovide for. He didn’t want the home to go into foreclosure and ruin his credit. He NEEDED to sell. I stepped in, took over the payments, let them stay until they found a new home, and thenrented it out.When the time came for me to sell, I was motivated. I let the house go for about $120,000 belowmarket. But I sold it to another investor who was able to sell the house again for profit. In thissituation, everyone came out a winner.When you work with motivated sellers, they’ll do what they need to do to keep you interested.When you’re a motivated seller, you can find a buyer who will dance to your tune. It’s all aboutmotivation, whether that motivation is financial or emotional. If it’s there, you’ll come out on top.18

So, to sum this case study up, I bought a property Subject To. It cost me $3,000 to purchase thehome. After renting the home out for several years, I sold the property, making $100,000 through my renting profits and cash equity. No one went into foreclosure (in fact, the firefighter’s creditimproved when I sold it) and I never had to take out a loan. I made a huge return on my investment without having to flip the house or put more money into it.If you’re still not sure about Subject To, look at HUD-1 , line 203: Existing loan(s) taken subject to. You’ll see that this is completely legal and possible for you to take advantage of today. This is a great strategy. It’s what I call an exponential lever. If you want to learn more about Subject To, check out The Mother Course!Owner FinancingWhen a seller owns their home, you can consider owner financing. You create a note (if you don’t know what this is, The Mother Course covers it in extreme detail) and then secure the deal. The seller will appreciate how fast the closing is and as the buyer, and you don’t have to worry about your credit rating or loan costs.19

WholesalingWholesaling is another powerful option, whether you’re new to real estate investing or a noviceas it makes you instant cash. It can be a fantastic way to build capital or to generate money forfix and flips if you’re advanced.Wholesaling is ideal for newbies who want to get their feet wet and will help you learn about theaspects of real estate investing, like giving estimates, completing repairs, where to find a titlecompany, how to complete the closing, how to fill out the contract, how to read and talk to theseller, how to look at a house as an investor, and just about anything else you need to know. Even if you don’t think you want to work with wholesaling forever, give it a try at least once just because it’s such a great learning experience.Remember, you don’t need any real estate experience to wholesale. You can start today, even ifyou don’t have any cash. Don’t have any credit? That’s okay, too. And if you do have all three ofthose, it’s still the perfect option.Let’s explain wholesaling a little more. If you’ve ever bought something, maybe from a garage sale, thrift store, or a friend, and then put it on Craigslist or Facebook to resell for a bit of a profit, you’ve wholesaled. If you acted as the middle man and bought maybe a video game, couch, motorcycle, boat, or car, and resold it for a profit, no matter the size, you’re a wholesaler!20

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