Wholesaling Bank Owned Properties is written by well-known real estate expert Lex Levinrad who is the founder and CEO of the Distressed Real Estate Institute. Lex has authored seven books about investing in real estate and is a nationally recognized real estate author, coach, and speaker who has shared the stage with some of the countries best real estate speakers.
In this audiobook about wholesaling bank owned properties, Lex teaches new real estate investors how to make money in real estate by wholesaling and flipping properties that are in some stage of foreclosure or pre-foreclosure as with bank-owned REO properties and short sales.
This book offers a concise explanation for new real estate investors on how wholesaling real estate works, how to get started looking for properties to wholesale, how to make offers on bank owned properties and how to get these offers accepted, how to find cash buyers for your wholesale real estate deals, and how to wholesale the property for a good profit to a cash buyer.
All stages of the wholesaling process especially for a bank-owned property are covered from start to finish and explained thoroughly. Topics covered include how to get the cash and training to get started wholesaling and flipping houses, how to partner with real estate investors who have cash, how to get transactional funding for your wholesale flips, double closings and working with title companies and how to successfully complete a double close and walk away from the closing with a cashiers check (and a nice profit).
This book is offered at the Distressed Real Estate Boot Camp which teaches new real estate investors how to wholesale real estate and flip houses twice a year in South Florida. This book is given to all real estate investors that attend the Distressed Real Estate Boot Camp and is included as part of the required training material.