Best Technique
Is there a technique that can be used that will ensure you will own a property in order to sell and make a profit?
Is there a technique that can be used that will ensure you will own a property in order to sell and make a profit?
There is never a guarantee any one in real estate makes a profit on all transactions. There are several techniques that can help in generating a profit.
1.) Lease-Purchase
2.) Seller-carry Mortgage, Trust Deed or Deed of Trust.
Of the two, the Lease-Purchase allows you to lease the property form the seller, and in turn, do the same for a buyer.
With a seller-carry, there is a little bit more risk. With some notes that I have run across, the seller adds a "due on sale" clause. If you sell a property, the note holder can call the note due.
Hope this helps.
tekenya--(VA)-------------------
Nope. Either learn a lot about real estate investing so you lessen your chances of having a loser property or else don't invest in real estate.
And I recommend against using the lease-option or sandwich lease-option technique suggested by the other poster.
Good Investing or Dropping Real Estate*********Ron Starr***********
Thanks guys!!! I have been doing alot of research on investing-lately and in the past- I've even been taught about Bird-dogging. I have come to the conclusion that tax liens are the way to go. The bottom line is there is risk in everything and less risk is better. -----Ron, I live in a Tax Deed State so I am going to assume that this is a longer process? I am also wondering if anybody has had any experience with sealed transactions---through mail, over the counter?
I have one guarantee that you will make money:
Simply buy low and sell high!
Easier said than done. I do think some education is an order.
GOOD LUCK