After much reading and research I'm thinking doing subject 2 lease purchase contracts are the best route to go. What confuses me though is why the preferred method here seems to be wholesaling.
From my understanding with wholesaling you have to be able to estimate the ARV whih means knowing how much stuff costs to fix in the house, and also knowing really sharp comps for the property which can be more tricky.
With a lease purchase all you really need to do is take over payments and charege someone a down payment to get into the house.
This is just my assumption but if someone can answer why the wholesale route seems to be the preferred method, I'd love to hear why.
__________________
You can make excuses, or you can make money, but you can't make both. -Dean Graziosi
After much reading and research I'm thinking doing subject 2 lease purchase contracts are the best route to go. What confuses me though is why the preferred method here seems to be wholesaling.
From my understanding with wholesaling you have to be able to estimate the ARV whih means knowing how much stuff costs to fix in the house, and also knowing really sharp comps for the property which can be more tricky.
With a lease purchase all you really need to do is take over payments and charege someone a down payment to get into the house.
This is just my assumption but if someone can answer why the wholesale route seems to be the preferred method, I'd love to hear why.
You can make excuses, or you can make money, but you can't make both. -Dean Graziosi