Wholesaling basics

I wanted to start this blog to help all of those wanting to make money in real estate with no cash and no credit.... AKA "wholesaling". Wholesaling is by far the best way to get started in real estate investing when you have no money to get started and well... your credit is feeling the weight of your debt.

If your like I was starting out you are working a job, living paycheck to paycheck and doing your best just to stay afloat of your financial situation. Let's face it you would not be here if you were not looking for a way to suppliment your income right?

The best thing about Wholesaling real estate is that you DO NOT need any of your own money to make money and you will NEVER have to use your own credit to make money. SOUNDS AWESOME RIGHT?

I started with Dean in 2008 when my fanancial situation hit rock bottom and our business went under. I was losing my home to foreclosure, could not pay my bills and had no idea what I was going to do to get out of the financial crisis I was facing. I purchased Dean's book with my last $30.00 and followed it like a Bible. I followed every technique in the book and within the first 30 days I made my first $10,000.00 Smiling

I have been wholesaling real estate ever since and have actually closed over 600 properties since then. I am no longer oin debt, I am financially free and I LOVE MY NEW LIFE!

I created this blog to help you do the same thing... MAKE MONEY!!!

I will try to post regularly and will post all of my tips and strategies to help you get your wholesaling business off the ground. If I can do it you can too!

Keep checking back as I will post as often as I can to help you take this to the next level.

To Your Success,
Carol Stinson

Thank you, Carol

This is incredibly timely for a lot of us because many of us want to kick it up a few notches or were like you: no money, living paycheck to paycheck, or as Greg Murphy put it our "credit is in the crapper." Wholesaling is a great way to start for many of us.

My question is:I understand this is a numbers game with 25:1 offers and the need for a strong buyers list. In case something is off and you are down to the wire with no end buyer in sight, how do you gracefully back out of the deal without having to buy the property (no money)or looking like you don't know what you are doing or getting a reputation as an incredible flake? Thank you.

Be your very best always-Judy Williamson

What you focus on is where your energy goes

With gratitude,
Patrick

oh thanks carol

charmaine buchholz's picture

carol thank you so much for the i am afraid and feel depressed sometime because i really do not kno w what to do next I want so badly to success and know i have no option but to try daily but i do not have a solid game plan at the moment.. what must my daily tasks be to succeed if you can help
thanks