44 min

Wholesaling Lease Options. Strategies for motivated sellers who need retail price with Sharyn Mancini The Investor Warrior

    • Investing

Real estate terms
Wholesaling – selling a contract to a rehabber or builder Lease options – leasing a house to a tenant with the option to purchase Wholesaling lease options – selling a contract on lease option terms and sell to a retail buyer  Wholesaling Lease Options
Negotiate the terms of the agreement and go under contract Assign the contract to someone that is looking to buy on a lease option Helps people that are having trouble and people that don’t want to get in to a mortgage You do not have to be a real estate agent No real estate commission  Types of sellers to look for
Sellers whose listings have expired Listings that are for sale by owner  Finding tenant buyers
Advertise on Craigslist, personal Facebook Page, Facebook Marketplace, realtors, and other investors. Follow FHA guidelines to make sure that potential tenants have the required income Process of wholesaling lease options
Once a listing comes in, Sharyn sends an email blast out to potential tenant buyers She then sets up a showing Potential tenant buyers fill out an application Sharyn then forwards the application to her mortgage broker who will pull a credit report to mortgage qualify the potential tenant buyers She then proceeds with credit/financial counselling with the tenant buyer to make sure they have a way to eventually buy the house Then, everyone signs a contract so the tenant buyer can move in to the house Contact
Email: sharyn@sharynbuyshouses.com Facebook: www.facebook.com/SharynBuysHouses Website: www.SharynBuysHouses.com Go to DealMachine.app.link/warrior to get your special offer for the Deal Machine app!

Real estate terms
Wholesaling – selling a contract to a rehabber or builder Lease options – leasing a house to a tenant with the option to purchase Wholesaling lease options – selling a contract on lease option terms and sell to a retail buyer  Wholesaling Lease Options
Negotiate the terms of the agreement and go under contract Assign the contract to someone that is looking to buy on a lease option Helps people that are having trouble and people that don’t want to get in to a mortgage You do not have to be a real estate agent No real estate commission  Types of sellers to look for
Sellers whose listings have expired Listings that are for sale by owner  Finding tenant buyers
Advertise on Craigslist, personal Facebook Page, Facebook Marketplace, realtors, and other investors. Follow FHA guidelines to make sure that potential tenants have the required income Process of wholesaling lease options
Once a listing comes in, Sharyn sends an email blast out to potential tenant buyers She then sets up a showing Potential tenant buyers fill out an application Sharyn then forwards the application to her mortgage broker who will pull a credit report to mortgage qualify the potential tenant buyers She then proceeds with credit/financial counselling with the tenant buyer to make sure they have a way to eventually buy the house Then, everyone signs a contract so the tenant buyer can move in to the house Contact
Email: sharyn@sharynbuyshouses.com Facebook: www.facebook.com/SharynBuysHouses Website: www.SharynBuysHouses.com Go to DealMachine.app.link/warrior to get your special offer for the Deal Machine app!

44 min