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Real Estate Investing

Real estate investing?

Couple of different ways.

Form an LLC. Then submit the contract in the name of the LLC. If/when your offer is accepted, you sell the LLC to another investor. It's just like assigning a contract, except the contract remains with the LLC; you're just selling your LLC for the assignment fee.

Another way: If it's a good enough deal, there are lenders--not precisely hard money lenders--who will lend you money for just a day. They typically charge a couple of percent. In this case, you'd actually close on the property, then immediately sell to the waiting investor. It costs you some, and--like hard money lenders--there are strict criteria regarding how much these day-lenders will lend. But that's another way.

Hope that helps.

I wan't to start a real estate investing syndicate?

It sounds like a good idea but it's honestly easier to convince one person to give $50,000 than to convince 50,000 people to give a dollar. It's just been my experience that if you do things "cheaply" than your clientele will perceive you as such through price illusion. The attached real estate investing course will show you how to raise capital for free.

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