I’ve heard enough about that EFFIn SIMs!!! ERGH!  Thank God it’s finally over.  Anyway, hopefully you were able to weed through the last week of SIMS spams to remember to ask me a question about wholesaling real estate.  If so,maybe your question is answered in this week’s video.  There’s only one way to find out. Watch it and see for yourself.

In today’s market ( I hate that phrase, BTW) there is a flood of REO’s. I’m sure you’re wondering if you can flipd the houses that are REO (Real Estate Owned by Banks) a.k.a. “wholesale” these properties.  I mean, after all, they are owned by a big corporation.  Are they motivated to sell? Are they willing to let you assign your rights in your contract for a fee?  And how do you get around the $1000 Non Refundable Binder Deposit issue if you don’t have the funds to risk?  Hmmm….all of these are very good questions, little mobsters.  Learn the lessons here.