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How to Find More Money than You Need for Your Deals » 1344
Manage episode 430504872 series 2007
You sent out the postcards. You've gotten the leads. You started making offers. You got a good deal under contract. What are you going to do now? Where are you going to get the money to buy the deal? Maybe you can just do an assignment, a quick wholesale, or get transactional funding, but it’s getting harder and harder to do wholesale deals in this market. You can’t list a property you don’t own, and you have to be a licensed realtor. Certain states are passing restrictive laws on wholesaling. If it’s not a law in your state yet, it soon will be.
So how do you get around this? Where do you find the money to close on these deals? First of all, understand that when you have a good deal, money will find you. You've got to believe that money is abundant. It's there; you just need to focus on finding good deals. You’ve got to get rid of those limiting beliefs telling you to have it all figured out first. Just get the deals. Get a good deal under contract, and the money will find you.
What’s Inside:
—Why it’s getting harder to wholesale
—Strategies to find money for deals
—Benefits of joining Joe’s inner circle
1203 episodes
Manage episode 430504872 series 2007
You sent out the postcards. You've gotten the leads. You started making offers. You got a good deal under contract. What are you going to do now? Where are you going to get the money to buy the deal? Maybe you can just do an assignment, a quick wholesale, or get transactional funding, but it’s getting harder and harder to do wholesale deals in this market. You can’t list a property you don’t own, and you have to be a licensed realtor. Certain states are passing restrictive laws on wholesaling. If it’s not a law in your state yet, it soon will be.
So how do you get around this? Where do you find the money to close on these deals? First of all, understand that when you have a good deal, money will find you. You've got to believe that money is abundant. It's there; you just need to focus on finding good deals. You’ve got to get rid of those limiting beliefs telling you to have it all figured out first. Just get the deals. Get a good deal under contract, and the money will find you.
What’s Inside:
—Why it’s getting harder to wholesale
—Strategies to find money for deals
—Benefits of joining Joe’s inner circle
1203 episodes
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