Читать книгу Commercial Real Estate Investing For Dummies - Peter Harris - Страница 94

Identifying what a good deal looks like

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What makes a wholesale deal “good”? A good deal is one that makes your buyer eager to buy and earns you a lot of money. Ideally, you’d get it under contract below the market or actual value for the property. (We’ve mentioned this before, but it’s worth repeating!) You need to get the property under contract at a price that’s low enough so that there’s built-in equity for your buyer from day one.

So, if the property is worth $1,200,000, and you get it under contract for $1,000,000, you can assign your contract for $80,000 or $100,000, and your buyers will love you because when they buy the deal, they walk in day one with built-in equity of at least $100,000. You'll become their favorite wholesaler.

On top of this, you’ll walk away with an $80,000 profit without having to actually own, fixup or manage anything! That’s why wholesaling can be a great way to get started investing in commercial real estate.

Commercial Real Estate Investing For Dummies

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