How to Turn Your Dead Wholesaling Leads into Huge Real Estate Deals! -Subject To & Creative Finance! | Summary and Q&A

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February 23, 2023
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Flip With Rick
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How to Turn Your Dead Wholesaling Leads into Huge Real Estate Deals! -Subject To & Creative Finance!

TL;DR

Learn how to turn dead leads into profitable real estate deals through creative financing strategies like subject-to lease options and seller financing.

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Key Insights

  • ๐Ÿ˜„ Creative financing strategies like subject-to lease options and seller financing can help wholesalers turn dead leads into profitable real estate deals.
  • ๐Ÿ˜„ Subject-to deals allow wholesalers to take over the seller's existing mortgage, while lease options provide the option to buy a property in the future.
  • ๐Ÿ‰ Seller financing involves negotiating payment terms directly with the seller, providing an alternative financing option.
  • ๐Ÿค— Rental landlords and experienced cash buyers are often open to creative financing deals, making them ideal target audiences for wholesalers.

Transcript

are you ready to learn how to do subject to lease options creative financing deals in wholesaling real estate that is right guys what is up my name is Zach Ginn and in today's video I'm going to show you how you can turn your dead leads in wholesaling into huge real estate deals and so really what we're talking about today is what we call creative ... Read More

Questions & Answers

Q: What is creative financing in wholesaling real estate?

Creative financing refers to using alternative strategies, such as subject-to lease options or seller financing, to structure deals that can't be wholesaled traditionally.

Q: How does subject-to financing work?

In a subject-to deal, the wholesaler takes over the seller's existing mortgage and continues making the mortgage payments on their behalf.

Q: What is a lease option?

A lease option allows a wholesaler to lease a property with the option to buy it at a predetermined price in the future. This strategy is often used when the seller wants too much for the property.

Q: Can seller financing be used in wholesaling real estate?

Yes, seller financing involves negotiating terms with the seller to make payments over a specific period of time. This can be a useful strategy when the seller is open to alternative financing options.

Summary & Key Takeaways

  • Creative financing in wholesaling real estate involves finding alternative ways to close deals and make money from leads that can't be wholesaled traditionally.

  • Subject-to lease options, lease options, and seller financing are the main strategies used in creative financing for wholesalers.

  • Subject-to deals involve taking over the seller's existing mortgage and making payments on their behalf.

  • Lease options allow wholesalers to lease a property with the option to buy it at a predetermined price in the future.

  • Seller financing involves negotiating terms with the seller to make payments over a specific period of time.

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