Hi, Everybody,
Don't you love those words: "ZERO RISK"? Like music to the ears of
an investor. Low risk means you can enjoy peace of mind as you
move into a transaction.
The zero risk method I'm referring to here is a simple "Letter of
Intent." Once you learn the basics of using an LOI, your REI
business will explode.
The LOI gives you the right, but not the obligation to sell a
property. And the good thing is that it allows you to market a
property in which you have no controlling interest.
The LOI spells out exactly how you want to purchase the property,
and under what terms. With the LOI in place, you can now locate
your buyer and not a penny of your cash is tied up in the interim.
This letter takes a minimum amount of time, includes no legal fees,
and can be easily read and understood by all interested parties.
If the LOI has not been in your toolbox of REI strategies, it
should be!
If using an LOI changes the way you do your wholesaling business,
please take a minute out of your busy day and let me know. I want
to hear back from you.
Have a great day!
Your Friend,
Manuel Becerra
(909) 319-0332
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