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How to Flip Houses in 7 Days With Jason Loucks
How to Flip Houses in 7 Days
The one thing Real Estate Investors are the most afraid of is getting stuck with a house they can’t sell! Some folks have houses they can’t sell- and are making payments every month, hoping for a miracle.
Others are so scared of getting stuck with a house that they’re too afraid to even make any offers in the first place! The truth is, selling houses quickly and for top dollar is where the money is made in Real Estate. Those who know how to sell quickly will be making fortunes while those who don’t know how will be left out.
1. Run your 7 Day Sale Advertising
2. Have Someone Take the Calls (Or use a Voicemail Box)
3. Show the Home on Saturday and Sunday (You Can Have Someone Else Do This, Too!)
4. Sell Your Home Sunday Night to the Highest Offer (You Can Always Say “No!” If You Don’t Get the Price You Wanted!)
And once you get the hang of selling houses in just 7 days, it’s EASY to get a TON of great deals. Since most Homeowners and Investors are struggling to sell, it’s an easy process to pick up houses at a discount.
Here’s a Perfect Example: My beautiful wife Laura spoke with a motivated seller about a home in a gated neighborhood just 2 miles from where we live. The Property was in excellent condition, and worth $575,000. That’s a nice house, in a nice neighborhood, but not a luxury home. The seller wanted $510,000 and a fast closing on this 5 Bedroom 4 Bathroom house.
If an untrained Investor wanted to buy this house, they’d probably go get a bank loan, put up 10-20% as a down payment, and make payments on it until they got it sold at something under $575,000 (maybe $560,000 or $550,000). But after closing costs to buy and sell, plus all the payments and loan fees, they’d probably LOSE money at this price!
So what can we do? How could we possibly make a Profit? It’s a straightforward technique I like to call- “Just Sell the Darned Thing!”
Here’s how it worked out- Laura simply Optioned the property from the Seller for $510,000 price, and sold it through a 7-Day Sale. At a sales price to the End Buyer of $545,000, it’s a fat $35,000 Profit. See, most people get so caught up in loans, banks, fees, costs, carrying costs, etc., that they can’t move fast enough to capitalize on a deal. We Optioned it, sold it, and cashed our check before most Investors would even have bought the house in the first place!
We paid the Seller 89% of Full Market Value- in cash- and still made $35,000 cash at closing! Sellers don’t have to be particularly motivated to say “Yes” to 89% of Market value!
7 Day Sales are GREAT for Short Sale deals, too! There’s nothing easier than negotiating a discount on a seller’s debt, and then selling the house for a big profit to you!
If you want to get free of the fear of getting stuck with a house, and start making the biggest, fastest, easiest, risk-free checks in Real Estate, make sure you listen to my FREE “Secrets of the 7 Day Sale” Audio, at WWW.7DaySaleGuy.Com. It’ll open your eyes to a whole new approach to Real Estate, money, and lifestyle!