7 Reasons to Stick to Wholesaling Real Estate in This Market
As the housing market improves all sorts of tempting real estate investing ideas get floated and become more ‘attractive’ from rehabs to rentals to getting into new construction, subdividing land and even investing in real estate stocks but there are at least 7 good reasons investors may be wiser to stick with wholesaling…
1. Rehabbing Can be a Nightmare
There are profits to be had from rehabbing and fixing up homes and it can be fun but you never know when a project is going to turn into a complete nightmare, money sucking pit which puts you in the hole.
2. Holding Properties is Risky
Every day a property is held means exposure to more risk. There is risk from natural and manmade disasters, vandalism, bad tenants who kill cash flow and changing in the market. Wholesaling real estate and flipping properties means being able to eliminate all of this.
3. Faster Returns
Being able to turn around a property in a day or even 3 days means an incredibly short cash cycle and rapid paydays. This means the ability to do far more deals a month and year, dramatically driving up income potential.
4. No Need to Take on Partners
It can feel a little more cozy to have someone else coming along for the ride but partners pose all sorts of potential issues and you never know when even the most apparently concrete partnerships will fall apart for a variety of reasons leading to big losses.
5. Growing Opportunity
As more real estate investors and home buyers gain confidence and jump into the market they need a source for good properties just like you. Don’t compete; serve them.
6. Minimal Risk of Lawsuits
Lawsuits, even bogus, malicious ones which end up going nowhere can be extremely expensive and stressful for real estate investors. This risk often comes from repair work done, missing seller disclosures, tenants and others being injured on properties and more. Just avoid it.
7. Easiest Deals to Finance
Wholesale real estate deals are the easiest to finance. By using transactional funding there is no need for jumping through the endless hoops that come with qualifying for conventional mortgages or having to burn significant resources to find private mortgage lenders or even getting burned by crooked seller financing deals.
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"I want thank you for the excellent service I received from Best Transaction Funding.The quick response I received from your company from the beginning of the transaction and to the end was unbelievable. I also want to give a special compliment to you as well. You went to great lengths to keep me informed and gave my title company all the information they needed to complete a successful closing. I cannot express how thankful I am. Such service builds great working relationships. I will definitely recommend Best Transaction Funding to all my fellow investors. Thank You."
- Frank Olaitan, Real Estate Investor, MD
"I can't thank you and your company enough for providing funding for our latest project, and right at the last minute. You came through with funding in less than 24 hours and coordinated with the closing agent and attorneys like you had been involved with our project the entire way. I'll know exactly where to call for the funding we'll need for our next project."
- Dave Pricken, Real Estate Investor, NJ
"Thank you so much! I just had a talk with our Realtor on both properties and told him amazing things about your company!... Normally I rehab the houses and re resells them. I just don't have the patience for that work anymore. This [transactional funding] is such a better way for me and less stress."
- Steven Kupecz, Real Estate Investor, TN
"We want to thank you for the exceptional customer service you provided. No one comes close. We had contacted a competitor the same time we contacted your company. Your company responded with in a few minutes while the competitor has yet to respond weeks later even after multiple phone calls and emails. Thanks again for the unmatched customer service."
"We had looked into several transaction lenders for a couple properties we were trying to flip. Your company was the most responsive and had the best pricing. Even though we had logistics issues with the B/C lender, your company acted very professionally and handled our requests beyond our expectations."
"Thank you for your commitment to an excellent customer experience."
- Phoenix Properties, LLC, Ronald Destefani, Investor, PA
"I was studying on how transactional funding works and you guys had the best and most thorough explanations posted so I could fully understand the details in back to back closing. I'd already started setting everything up but your video confirmed that I'm on the right track."
- La'Donna Turnipseed-Scott, Investor, LA
"....a few months back, I happened upon a video, on your site, regarding the use of transactional funding with Hud properties; and I found myself replaying the video over and over because of the value that I saw in the message...it actually explained the process, step-by-step on how to submit a Hud deal by using transactional funding. Once I completed the video, my initial response was to take immediate action by duplicating what I had learned from the video into real time. So I did some research on properties in a market where I knew I had buyers; and put together a hud deal. I then located a realtor able and willing to submit my bid online and within a couple of days, to my surprise, received a call telling me that I had won – my very 1st Hud bid."
"To you I say, ”KUDOS to Best Transactional Funding and Thank you for providing the education and services to Real Estate Entrepreneurs like me. Please keep up the good work!'"
- T. A. Davis, Investor, NJ
"You each deserve high marks for your wonderfully quick response time to each of our questions and requests! You hit home runs with us! Your application system was easy to use. Our deal met your qualifications and every time Rob Kozak or any member of Mystic Properties, LLC phoned, we received a "real" person dialing back to speak with us.
Your patience and persistence were exceptional in dealing with our business interests. Thank you for such great customer service! We look forward to working with your staff, again, in the future. We like referring people to you, as us, our team would have missed-out on an excellent earning opportunity.
Your help negotiating with our title company made our back-to-back deal, finally happen. People noticed on settlement day how effectively and efficiently your part of the transaction was organized and executed. Again, thank you for truthfully being the "BEST" at what you do!"
- Diane McAdams, Mystic Properties, LLC, Real Estate Investor, Pennsylvania
"Boy, you guys are impressive! I can’t thank you enough for scrambling and getting my deal done at the last minute like that. You and your team were awesome!"
- Donna Bauer, The NoteBuyer Inc., Real Estate Investor, OH
"Thank you so much for working so diligently with me. Your services really are the "BEST". I look forward to working with you in the near future!"
- Ericka B., Real Estate Investor, CA
