Loophole turns YOUR $100 into $10,000

Jim_SamsonThe world of money is an incredible one, and there are loopholes everywhere that can make you life-changing money…IF you know where to look…

Luckily for you, I DO know where to look, and I’m here to show you the path. Through the resources you’re receiving, I’m handing you a treasure map with an ‘X’ marking a chest of buried gold right below your feet.

Now it’s time to grab your shovel and start digging, because you’re about to discover the loophole that could turn your $100 into $10,000…

Imagine having a property reserved for you. You don’t have to buy this property if you don’t want to, but the seller must sell it to you if you decide to buy it within a certain time frame…

99% of people in the real estate world either don’t know what it is, or they don’t understand how to use it.

This loophole I’m talking about is called an options contract.

No, not the options contracts that we use to leverage big gains in the stock market, but the idea is similar. Here’s what it is:

If you purchase an options contract on a property, you’ll have the opportunity to buy that property at an agreed-to price within the time frame on the contract (normally a few months to a year).

The best part is that NOBODY else can buy that property through the life of the contract.

Sounds decent, right? But purchasing that contract by itself isn’t going to turn your $100 into $10,000…

So here’s what you do:

1. Find a property with good value for a good selling price. Nothing revolutionary here, right?

2. Get in contact with the owner or real estate agent of the property and let them know you’re interested, and would like to buy it. At this point you should have a contract prepared that includes a section for the option. It will include the price you agreed to AND the date the option will expire on. Both parties will agree on the price of the option, which can range from $1 to a few thousand.

3. Once you have the option contract for at least a few months, it’s time to turn your $100 (or however much you paid for the option) into that $10,000! So your next step will be to now find a new buyer before the option expires, because if it does expire and you don’t want to buy the house for yourself, you lose what you paid for the contract.

4. If the purchase price agreed to in the contract you signed says the property is $130,000, all you have to do is find a buyer willing to pay $140,000…your $10,000 difference!

5. Once your new buyer is on board, you tell the original seller that the terms of the deal are intact, but that there is a new buyer.

6. When everyone agrees, the deal goes through and YOU pocket the $10,000 difference!

So by utilizing the options contract loophole, you just turned $100 into $10,000!

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