This is Terry Wygal, from from http://ExtremeWholesaling.com, and today, I will discuss to you the big difference between wholesaling houses and flipping houses and give you enough information as to which of the two you would master. Many people are into wholesaling houses and flipping houses in the real estate business. However, it is quite contrasting that there are still many people who do not understand the nature of both and how they are different from each other. What is Wholesaling Houses? When you try to wholesale houses, what you do is you find a motivated seller and buy the house … [Read more...]
Outsourcing Your Short Sale Deals For Preforeclosure Investors
If you’ve been investing in real estate, and more specifically preforeclosures, then there’s no doubt that you’ve come across a short sale deal. A short sale is when the lender agrees to accept less than what is owed against the property in exchange for full acceptance of payment of the loan. In other words, if the loan balance is $400,000 but the bank accepts $300,000 as full payoff, then a short sale has occurred. Many investors find short sales different to negotiate and complete. The reason is that lenders are constantly changing their rules and practices, and short sales by nature … [Read more...]
