Newcomers are turning to LYNK Wholesaling and winning Big!
If you are new to real estate investing and you’re looking for a way to get started, a simple internet search will point you toward Wholesaling as your first step.
What is Wholesaling Real Estate?
Wholesaling Real Estate is essentially the act of flipping a purchase agreement from a seller to a buyer and making a profit as the middleman. As a Wholesaler you job is to search for motivated sellers and convince those sellers to sell you their house at a discounted rate. Some of the ways a Wholesaler will find sellers is through a direct mail campaign, cold calling or maybe even bus bench and billboard advertisements. Typically the ads will say “we buy houses” or a similar variation, letting the sellers known that they can sell their house fast and for cash, if they sell to the Wholesaler.
The Problem with Wholesaling
The problem with Wholesaling properties when you first start out is that it costs money to find motivated sellers. A Wholesaling transaction can costs the Wholesaler money in several different ways; let’s examine two areas in the process where the Wholesaler will need access to funds.
1) – Finding the Sellers.
You need to be able to either find these sellers, or have them find you.
Option one; you are attempting to find them. Maybe you may choose a direct mail campaign. With a direct mail campaign you’ll need to send out mailers to thousands of potential sellers in order to get any leads. Campaigns like this can costs thousands of dollars.
Option two; you let them find you. Maybe you choose online ads. With an online ad campaign you need to have multiple ads in multiple places running all the time in order for potential seller to find you.
To find potential sellers, you’ll always have to have some kind of lead generation and that costs money.
2) – The Escrow Deposit or EMD (earnest money deposit).
Most people don’t realize that you need an escrow deposit in order to offer on a property.
What is an escrow deposit?
An escrow deposit or earnest money deposit is a sum of money that the buyer puts up as a “promise of contract”. Think of it as a down payment for the option to buy the house. When a seller agrees to sell you their house and they sign a purchase agreement, they can no longer accept any other offers. Because of this fact, most agreements have an escrow deposit stipulation.
How much do you need for an EMD?
In most cases the amount of the escrow deposit if negotiable. It can range from five hundred dollars to twenty percent of the purchase price. If the seller has a real estate agent assisting with the transaction, you may also have to supply this EMD to their Title Company to be held in escrow until the sale.
The Solution: LYNK Wholesaling.
When you are first starting out as an investor, you may not have the funds to find sellers or tie up contracts and supply multiple escrow deposits. This is why LYNK Wholesaling is the best entry point for new Investors.
LYNK Wholesaling allows you to plug into existing successful framework and start making profits without any output of money. The Ligon Brothers, Michael and David Ligon developed this method of Wholesaling when they thought back as to what they would do if they had to start all over again with zero money and zero experience.
They coined is the “Amazon of Investing” This little known Real Estate Connector Method uses the same principles that Amazon used in their business model. When Amazon first started they didn’t go out and get inventory to sell, they used other peoples inventory. This is exactly how LYNK Wholesaling works. You use other Wholesaler’s inventory to do deals instead of having to find your own.
As a LYNK Wholesaler you “link” (LYNK) the deals between the original Wholesaler and the end buyer and get a fee in the middle. This system allows you the LYNK Wholesaler to be part of the transaction and learn as you earn without needing any money for marketing or escrow deposits.
The Wholesaler’s entire business is to find sellers and sell deals to buyers. When they get a property under contract they want and need all the help they can get to sell it. Remember it costs money just to find a motivated seller, the last thing a Wholesaler wants is to give the property back if they can’t flip it to a buyer. As a LYNK Wholesaler, you get access to every Wholesaler deal that’s available for free. Plus, you can LYNK from anywhere in the Nation, Virtually. So while one Wholesaler has only their area and their deals, you have all the deals in every area. This provides you with an almost endless source of deals to sell to buyers.
One of the best benefits of LYNK Wholesaling is that you also have zero liability in the transaction. This is huge for someone just starting out. There are so many things that can happen during a Real Estate deal, that many newcomers have a crippling fear failing, doing something that can have dire consequences.
If you’re a newcomer to Real Estate Investing and looking to do your first deal, you need to be a LYNK Wholesaler. You can learn more about the Ligon Brothers ground breaking new system at: www.TheLigonGroup.com
About the Ligon Brothers
Michael & David Ligon
Real Estate Investors, Authors and Coaches
Michael and David Ligon are collectively known as The Ligon Brothers. The Ligon Brothers are real estate investors, wealth creation specialists, consultants, coaches and authors. As Real Estate Investors They developed LYNK™ Real Estate and created the Real Estate Connector Method™ and The MLS Digital Flipping Method™ each being a unique system for real estate investing. In addition to their award winning programs they are also the Authors of The Real Estate Connector Method, a guide to Wholesaling Real Estate. As Consultants their extensive experience in real estate and house flipping has made them the go to guys for consulting on a variety of home improvement and house remodeling television series and documentaries. As Real Estate Coaches they created LigonU an online virtual training center for distance learning and real estate investment courses.
Social Media Sites:
YouTube Channel: https://www.youtube.com/channel/UCojPc1CnLa2ekm84QRskTsg
Company Official Site: https://www.TheLigonGroup.com
Main Official Site: https://www.LigonBrothers.com/
Official Website of their online school: https://www.LigonU.com/