How does real estate investing work to make quick cash?
Quick cash can be created with a short term real estate investing strategy, which includes quick turning or flipping property. Quick turning property (buying and selling right away) can provide big and quick cash if you buy right. Typically, the property is put under contract at a low price and then marketed at a higher price to include a profit. The property may be sold with or without improvements depending upon your strategy. Quick turn deals can easily generate from $2K to $30K plus depending upon the deal and whether it is a wholesale or retail quick turn. Wholesale Quick Turn Wholesale quick turns involve finding a deal below market value and quickly selling the deal at a wholesale price. By selling wholesale (below retail), you are giving your buyer, typically another investor, the opportunity to make a profit. If you negotiate the right deal upfront and turn the deal quickly, you can make good money this way. Wholesaling is often a method of no, or little, money down deals. Thi