You can sell real estate before you buy it.
Have you ever heard of this idea?
You can’t do it, you say. Well, I have a different opinion. I sold quite a few properties before I even had a contract on the deal.
To be able to do it you have to have a very big buyers list. I have actually done this on a deal just last week. I had a seller pitch the deal to me that he was desperate to sell. I told him I would think about it, as I already had 4 properties picked up the week before that I was trying to sell.
I went home that night and pitched the property (with my mark up in it) to my buyers list. I ended up selling it the next morning.
I then called the seller back and told him I think I would take it but it would be for lower than what I previously talked about because I already had 4. I made an extra 3 grand by letting him know that. Anyway, I then put it under contract.
You see, it can be done. But I only could do it because I had a huge buyers list to offer the deal to.
Boy, I really love doing that – talk about no risk, lol!