Step 9: Closing Deals & Exit Strategies

Executable Step 9 is where your real estate investing strategy turns into a real closing plan.

In this video, you’ll learn how to move forward based on your path: wholesaling or lease options. In this video, we cover:

• How to start the closing process when wholesaling a property
• Why your contracts should go to a title company or closing attorney
• How a lease option deal begins with a kitchen table closing
• What happens when your lease option buyer is ready to exercise their option to buy
• How to choose the right exit strategy if you purchased or seller-financed the property For wholesaling, your next step is to take your contracts to a title company or closing attorney so they can begin the formal closing process.

For lease options, you’ll start with a kitchen table closing between you and the parties involved. Later, when your buyer is ready to purchase, you’ll set up the official closing with a title company or closing attorney.

If you purchased or seller-financed a property, this is also the time to decide your exit strategy and sign the correct agreement with your tenant buyer, lease option buyer, or seller finance buyer.

Visit www.REIRemix.com to learn more and download your Executable Step chart, then subscribe for more step-by-step real estate investing strategies.