How to Wholesale Real Estate with a Stimulus Check ($1400 or less)

You can triple your stimulus check by using it to wholesale real estate, $1400 is more then enough to close 1 deal, making you $5k in the process. In this video, I show you the process of wholesaling real estate with $1400.

🙏  Help us get to 100k subs! https://bit.ly/2XfWRBm

📈  Open an account with Webull and deposit $100 to get 2 free stocks worth up to $1,400 https://bit.ly/zabackwebull

1v1 Coaching Call - https://clarity.fm/austinzaback
Wholesaling Course - http://bit.ly/WholesalingRE
Text Me! 480-418-5339

👇  How I Invest In Real Estate:
📲  Where I get my Real Estate Leads! http://bit.ly/TopREdata
🚗  How I get my OFF MARKET deals! http://bit.ly/ZabackD4D
Where I Skip Trace and Text my Real Estate Leads - https://bit.ly/batchlead Use Code - ZABACK

Whats going on guys, I'm sure you saw the title and thumbnail but in todays video I am going to explain to you how to wholesale real estate. More specifically, how to wholesale real estate with $1400 or a stimulus check.

While the whole idea of real estate sounds complicated, I promise you it is not. Wholesaling real estate is more of a side hustle or a skill. If you would have spent your first stimulus check on bitcoin ($1200), it would up about $9,000 today. While it looks like spending all $1400 on bitcoin is a great idea, it is incredibly risky with the volatility of bitcoin. You also can only profit from the investment once. So i think learning how to wholesale with this stimulus check is a much better idea as it is a skill that is well-paying and you can do it over and over again to make as much money as you want. There really is no risk if the outcome is entirely dependent on you.

The first step is to find a distressed seller who is looking to sell their property quickly. There are tons of strategies of how to do this, you could cold call text, or email them. You could even knock on their door and give them a cash offer. One of my favorites is driving for dollars, I have a link for that up above, but your basically driving around different neighborhoods looking for properties that need a bit of work, then your getting the contact information to the home owner and getting in touch with them to talk about a cash offer.

Next, you'll need to make them an offer. A good rule of thumb is to offer them between 50%-70% of the properties ARV (After Repair Value). The ARV is what the property will be worth once its been fully renovated. 50%-70% is a good range for an offer because it leaves some meat on the bone for the cash buyer so when they flip it or rent it, they will still make a profit. It's a win-win for everyone involved.

Once they accept the offer, you need to get the property under contract, this is super easy and the contract itself can be as simple as 1 page. Use some of your stim check to put some earnest money down, and you'll have some time to sell the contract depending on how long your contract has for an inspection period.

Lastly, you need to find a cash buyer who will buy the contract from you. For example, you get the property under contract for $100,000, then you find a cash buyer who will buy the contract off you for $105,000 lets say, meaning you make $5,000 while they get the property and pay the owner.

It's as simple as that ladies and gentlemen. I hope you enjoyed, like and subscribe if you haven't already and I'll see you in the next one!

👇  Let's Connect:
📸  Instagram: http://bit.ly/AustinZaback
🏡  Join my FREE Exclusive Real Estate Group: https://bit.ly/empiREInvestors
📚   My FAVORITE Books: https://amzn.to/379Sv0p

I truly appreciate all of your support. 🙏  Drop a comment if you have any questions or want to suggest a video idea!

• • • • • •

🔔  Make sure to SUBSCRIBE & turn on NOTIFICATIONS!
📩  For all inquiries, email infoZabackGroup.com

*Some of the links and other products that appear on this video are from companies which Austin Zaback will earn an affiliate commission or referral bonus. Austin Zaback is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.

Видео How to Wholesale Real Estate with a Stimulus Check ($1400 or less) канала Austin Zaback