Hard Money Bankers and Real Estate Goddess to Host Wholesaling Webinar
On Thursday March 31, 2011 Hard Money Bankers and Vena Jones-Cox will host a webinar explaining the concepts behind becoming a successful real estate wholesaler.
Online, March 28, 2011 (Newswire.com) - You can sign up for the webinar here: http://bit.ly/FlipMore
Hard Money Bankers, LLC is a private real estate lending company based in Columbia, MD. Hard Money Bankers believe that an informed real estate investor has a better chance of succeeding in real estate investing and for that reason, we try to provide as much free content to our clients as possible.
Vena Jones-Cox has been a full-time real estate investor since 1989. She focuses on high-profit, low-hassle strategies that leave her the time and freedom to enjoy financial independence. All told, she's bought over 600 properties. Vena is also the host of public radio's "Real Life Real Estate Investing" (Wednesdays at 5 p.m.est at wnku.org), a live weekly program that addresses all aspects of real estate investing.
She has been president of Cincinnati REIA, Ohio REIA, and the National Real Estate Investors Association, and has been featured in Reader's Digest, Money Magazine, Smart Money, USA Today and spoken about real estate investing at the Cato Institute in Washington DC. In her spare time, she teaches other real estate entrepreneurs how to invest profitably, safely, and ethically.
For those who have not closed a Wholesale deal before, please continue reading:
WHOLESALE REAL ESTATE INVESTING 101:
The quickest and easiest way to make money in real estate without using your own cash, credit or even taking on any risk.
The mechanics of the transaction go about like this:
-You find a seller willing to sell to you at a below-market price
-You determine what repairs it needs, what that will costand how much the after-repaired value is (ARV)
-Based on those numbers (more on that calculation later) you put the property under contract with a very small deposit, like $100.
-You find a real estate investor who wants to acquire the property for either resale or rental and you assign him the contract for a fee (typically 5k-20k)
-The deal goes to settlement and you get paid.
Sounds pretty sweet, doesn't it? It is. You get a fat check without using your own cash, credit or anything.
We at HMB have wholesaled dozens of property and Vena has wholesaled hundreds...at least.
Wanna learn how? And if you already know how, wanna learn the 2011 tricks?
Follow this link to sign up for the FREE webinar
http://bit.ly/FlipMore
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Tags: hard money bankers, hard money lenders, real estate investing, Vena Jones-Cox, wholesale, wholesaling