There is never one road to riches, especially when it comes to real estate.
That can be overwhelming for some, but sometimes having options is the ideal scenario.
In this case, having options could mean you making a $40,000 hands-free profit in 6 months, all while building you real estate wealth…
I get it: that type of return sounds too good to be true.
But this trick can take $10,000 and turn it into $40,000 that quickly, and it’s all thanks to a little-known real estate trick.
It doesn’t matter if you’ve ever bought or sold property ever before, because this trick doesn’t involve buying a single piece of real estate.
What are you waiting for? Your 6-month 300% return is here…
Real estate scares most people.
The first thought is that it takes a lot of time, effort, and money… but you’ll soon see that’s not always the case.
The little-known trick I’m talking about is using property options.
Like I said, you won’t be purchasing a single piece of property.
What your $10,000 will get you is a single contract.
I know: you’re probably wondering why you would pay $10,000 for a single contract, but that contract is your ticket to a $40,000 payout in 6 months.
What is the contract?
The contract I’m talking about is a deal between you and somebody who is selling their home.
The contract legally binds the seller to sell to you if you act on the contract, but you’re not legally obligated to buy. While your contract is active, the seller cannot sell to anybody else.
Again, you won’t be buying this home, just the contract.
Once you’ve found the right property, you propose to the seller that you’ll pay him $10,000 to allow you to purchase that home for the current price 6 months down the line.
Most sellers will jump for joy at this prospect, but they’re forgetting one thing.
You’ll be purchasing this contract as the property market is going up.
That means if he’s selling his house for $100,000 now, and the evaluation rises to $150,000 6 months from now, he’s legally obligated to sell you the home for $100,000.
With this in mind, your contract now becomes very valuable to you—and $10,000 sounds like a steal.
Again, you’re not actually going to be purchasing this home.
Let’s say 6 months along the value of the property you’ve agreed to buy for $100,000 has inflated to $150,000.
You now have the simple task of finding somebody who’s willing to buy the house for $150,000—which should be fairly easy if that’s what the house is now valued at.
The new buyer would then pay you $50,000 (the difference between the new value and the value of the house in the contract) and they’re able to purchase the property for $100,000.
If you take away your $10,000 you put down, that leaves you with a $40,000 profit that you made in 6 months.
It really is that simple.
