There are many strategies to take on in Real Estate Investing, but the best one to take on as a beginner is a strategy called “Wholesaling”. Wholesaling is finding a bargain property and putting it under contract, then turning around and selling your interests in the contract to another investor. Mainly these investors that you are “wholesaling” or “flipping” your property to will be Landlords who buy and hold for cashflow, or Rehabbers who buy, fix the property up, and resell it for a profit. Here is an example of a typical Wholesale Deal; I find a motivated seller wanting to sell their property very quickly because they are moving out of the country. The house is worth $180,000, but the owner has payed off the mortgage, and it is free and clear of any liens, needs money really fast. After visiting the property and estimating repairs I come up with a repair cost of $15,000. What Investors do is take the ARV(After Repair Value) of $180,000 and multiply that by 65% because 65% of the ARV is the max an investor will pay for a property. I come up with $117,000 and subtract the repair cost of $15,000, and subtract my wholesale fee of $5,000, and I offer the property owner $97,000 for their house. The owner accepts my offer and we write up a contract with an Earnest Money Deposit, and a closing date of 30 days out. I have an investor buyer already lined up so I wholesale the house to him for $102,000, and after that we go to closing! Simple isnt it!!!! There are some more aspects to wholesaling like what factors to include in your price but thats another topic for another day. Hope you guys enjoyed this post, and please comment!