What's the MOST Creative Real Estate Strategy/Niche You've ever heard of?

[JJ W.]

I always love hearing creative strategies that are relatively unknown :)

[Brian Gibbons]

One of my favorite but not well known REAL ESTATE INVESTING creative financing strategies is "joint venture with the seller on a minor rehab"

Most wholesaling deals are really needing a lot of work and they're totally neglected

If you have an ARV of hundred thousand and it needs 70,000 work to get to the hundred, you're not going to pay more than 5,000 to 10,000 for it

What if you need a minor rehab that needs updating only, like paint,  carpet, new kitchen?

Let's say it's free and clear

Lets say it's an  expired listing

So if you have a $100,000 house, and need 7000 in work

Is that a good wholesaling deal?

70 percent minus repairs is  63,000

That is a sh$&tty offer

If your mother asks you, "son would you take this offer of 63,000?"

Youd say "no! Don't take that sh$&ty offer!"

So do a joint venture with the seller

Use private lending money for the 7000 renovation and get the seller more money, and earn on flat JV fee of 5 to 10,000

If you are  licensed,  earn the commission too

@JJ W.