The best way to operate as a millionaire is to be unemployed, broke, and bankrupt. As a result, you personally own nothing, but control everything.
Confused? Well today's tip should clear that up for you. Here we'll teach you how to control real estate you don't own, and will never close on, and sell it to another investor within 24 hours or less and come away with between $2,500 - $10K CASH in YOUR POCKET
For you home owners out there with a conventional mortgage on your home, you're probably unaware that there's a part of your mortgage contract with the bank that says that they can hand over your contract to anyone they so choose.
It's called “assignability”.That means, that your bank can SELL your mortgage to another institution, and your mortgage payments will then be redirected to this other entity who holds the mortgage on your house.
Same thing is available for controlling real estate.
With each Accepted offer we have on real estate (where we're acting as the Buyer), we can SELL our rights of that contract out to another Investor for CASH.
It's a sweet and lucrative way to get started in real estate without using credit, or money from your own pocket.
In fact, that was the second deal Brad had worked on doing which is shown on the website…he couldn't qualify for a loan on a piece of property in Detroit, and didn't have an investor to go 50/50 with, so he sold his rights to the contract for a cool $5,000.00 USD
At the time, he was taking home $3,200 CANADIAN each month after taxes and deductions….he'd literally sold his contract in less than 90 minutes for twice his months' salary.
