How Assignable Cash And Terms Deals Make You Money VERY Quickly
In this video, you will learn the “Multi-Mortgage” technique.
This is a great way to structure a deal so that it gives the seller some of his equity and makes it more likely for them to do the deal.
If you understand all of the structures in my hierarchy, you will be able to make an offer on ANY property so that it is profitable to you and likely to be accepted by the Sellers.
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Read Transcript for “How Assignable Cash And Terms Deals Make You Money VERY Quickly”
You can make money without owning properties or taking out a loan by simply flipping them or by keeping them. Here’s how to do it.
Joe: The next category in the hierarchy is assignable deals. They can be assignable cash deals or they can be assignable terms deals just like we’ve talked about in the previous four structures, or a straight cash assignment deal. You can make a purchase agreement right on there, ‘This offer is assignable by the buyer to another investor or buyer.’ If you put that in the purchase agreement, the agreement becomes assignable.
Joe: The purchase agreement also makes you a principle in that transaction so it makes it possible for you to sell that property. Then, you can sell that property and take an assignment fee for that deal. That’s how you make money on assignments.
Joe: You can make money without owning these properties, taking out a loan or ever paying a dime to take them, and by simply flipping them to another investor, to someone who’s going to live there, or by keeping them or putting a tenant into them or putting a lease option buyer into them and then holding them long term.
Joe: There are a lot of great ways to do it if you understand zero down structures. Again, you can learn about zero down structures either by listening to the free stuff I give out all the time, or if you want it in its full glory, you can go to pushbuttonmethod.com and get my home study program that teaches all of the methods that we’re going to be talking about on these deal analysis videos. Plus, it will show you how to automate your business and create a turnkey business that’ll serve you for the rest of your life.
Joe: The other place you can learn this is from me directly through my “Six Month Mentor Program” and the “Two Day Buying Events” that are included with it. If you’d like to learn more about those, go to zerodowninvesting.com, and you’ll learn more about this process there. That’s it for this video.