Many people are fascinated with the wealth which real estate investing has amassed Americans over the years. However, with survival of the average family in todays workforce living paycheck to paycheck and fortunes seem to be further from grasp, many Americans are sitting on the sidelines while others are jumping into the plummeting real estate marketing and making money NOW without credit and cash! How? Through the art of Wholesaling.

Wholesaling is a technique which is commonly used in the real estate investing world to provide residual income to investors in return for profitable properties. This is often referred to as a paper flip. Basically, you secure a property under contract and sell your interests (the contract) to a cash investor in return for a fee. There is little out of pocket expense and the returns are endless.

Wholesaling real estate is similar to wholesaling other goods and services. Buy low, sell and make a profit. Here are the steps;

Step 1: Locate a property for sale

Step 2: Negotiate the price

Step 3: Get it in writing

Step 4: Secure your position

Step 5: Locate a buyer

Step 6: Sell the property and collect your fee!

Step 7: Repeat

Sounds straightforward! REMEMBER, This is a buyers market! Essentially, in a plummeting real estate market which we are experiencing, there are many doubtful homeowners who are struggling to hold on to the dream they purchased a few years ago. These are homeowners who are now finding out the true definition of an ARM. These are homeowners who did not read the paperwork at closing which places penalties and fees everywhere. There are also homeowners who own property which is severely neglected and in need of mandatory repair, however, finances will not allow them to hold on to their dream. You, as a wholesaler, have the advantage to walk a homeowner through the process of selling without publicizing their distress to the neighbors.

The best part of this is you do not need a license to do this. You do not need to sit up late at night ordering one of those 'no money down' courses to make real money in real estate. You do not need to attend a seminar. You just need the confidence to get out there and start getting the deals so you can stop watching and start joining the crowd of real estate investors who are amassing great fortunes with minimal risk or investment.

Originally from Brooklyn, New York, Carolyn Sankar relocated to Charlotte, North Carolina in 2005 and took note of a strong and stable real estate market following 7 years in the legal industry. After several successful paper flips, she developed a passion for the preforeclosure market. RRC Consultants emerged in 2007 and serves as a short sale negotiation outsource firm offering competitive rates and services for other investors throughout the nation. In addition, Carolyn and her husband developed RRC Property & Investment Group where they purchase and flip real estate nationwide at wholesale prices. Ms. Sankar also trains new wholesalers on the art of wholesaling through web forums and personal meetings. Her ebook 'Wholesaling 101' will be available in June 2008 for purchase.

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