https:\/\/ns-blog-videos.s3.amazonaws.com\/Eddie+Blogs_Real+Estate+on+Fire.mp4<\/a><\/video><\/div>\nMan, are we seeing some interesting market conditions in residential real estate right now.<\/p>\n
First there\u2019s an inventory problem. There were only about half as many houses listed for sale in February 2021 as there were in February 2020. That means prices are up and houses don\u2019t stay on the market for long. In really hot markets, houses are getting multiple offers above the asking price. With lower inventory, there are a whole lot fewer houses available for house flippers to buy\u2014especially if they\u2019re trying to buy at a discount.<\/p>\n
Second, there\u2019s the financing problem. Because of stricter approval requirements, about a third of buyers who could qualify for a conventional mortgage a year ago can\u2019t qualify today. The market is flooded with penalty box buyers who have a credit score of 680 or 700 but are left out in the cold.<\/p>\n
Put both of these problems together and you have a perfect storm for real estate investors. But for an entrepreneur, it\u2019s a perfect opportunity!<\/p>\n
If you know how to structure deals by paying the price the seller wants with the terms that you want, you can do great\u2014even in today\u2019s crazy market. You pay today\u2019s price with tomorrow\u2019s dollars.<\/p>\n
If you can add creative financing to what you\u2019re already doing, you could potentially close double or triple the number deals than before. You can buy the house by offering the price the seller wants and getting them to finance the payments with terms in your favor. Then you can sell the house and finance the terms in your favor.<\/p>\n
By milking the cow from both ends, you can make far more money over time with the terms than from the one-time transactional payment.<\/p>\n
If you\u2019ve got five minutes, click this link and I\u2019ll explain it in more detail.<\/p>\n
Thanks for clicking, \nEddie<\/p>\n","protected":false},"excerpt":{"rendered":"
With half the inventory of a year ago, and only two thirds the qualified buyers of a year ago, now\u2019s the perfect opportunity to add creative financing to what you\u2019re doing!<\/p>\n","protected":false},"author":27,"featured_media":23961,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[46],"tags":[],"yoast_head":"\n
How can your profits be up with inventory down? - Noteschool<\/title>\n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n\t \n\t \n\t \n